The complete FRM® Part I study package
LOS-mapped notes, an adaptive question bank, and full-length mocks for every Part I topic — built so working risk professionals can pass on a real schedule. One full topic is free, no card required.
146
Learning outcomes covered
2,000+
Practice questions
~240 hrs
Guided study plan
Everything in the Part I package
Source-cited study notes
Every Part I reading mapped to its GARP learning objective, with the quant — VaR, duration, option Greeks — worked keystroke by keystroke, not paraphrased.
4 topics · 146 LOS
Adaptive question bank
Exam-style questions that re-weight toward your weakest LOS, each with a full explanation of why the wrong answers are wrong — not just which one is right.
2,000+ questions
Full-length mock exams
Timed, CBT-style mocks that replicate the real 4-hour, 100-question Part I format and surface where your pace breaks down before exam day.
4 full mocks
Spaced-repetition flashcards
The formulas and definitions that have to be automatic, scheduled by an algorithm keyed to your forgetting curve.
Keyed to your gaps
Ready-to-Sit analytics
Readiness by topic, benchmarked against the published Part I minimum-passing-score band (~50–55%) — so you know, with evidence, when you are ready.
Benchmarked to MPS
Worked examples in every reading
Each reading applies the concept before you leave it — a worked example mid-reading and key takeaways at the close, so ideas get tested before the question bank tests you.
On every reading
Part I topic reference
Review this topic reference together with its source and applicable exam cycle.
- Financial Markets & Products30%
- Valuation & Risk Models30%
- Foundations of Risk Management20%
- Quantitative Analysis20%
GARP · FRM Part I Exam Weights
Part I curriculum
146 LOS · ~240 hrs
- Financial Markets & Products30%
- Valuation & Risk Models30%
- Foundations of Risk Management20%
- Quantitative Analysis20%
Source: GARP · FRM Part I Exam Weights
A worked study example
Value at Risk, three ways
Value at Risk answers one question: over a set horizon and confidence level, what loss will not be exceeded? A 1-day 99% parametric VaR of $4.65m on a $2.0m-volatility book means there is a 1% chance of losing more than that tomorrow.1
Parametric VaR assumes normal returns: VaR = z · σ, with z = 2.326 at 99%.2 Historical VaR reads the loss straight off the empirical tail; Monte Carlo simulates it. The three diverge sharply when returns are fat-tailed — which is exactly when it matters.3
- 1
The interpretation the exam tests
A 99% VaR is breached 1% of the time, not 99%. Candidates lose this mark by stating the confidence level backwards.
- 2
The z-score, pinned down
One-tailed 2.326 at 99%, 1.645 at 95%. We show the substitution so you never reach for the two-tailed value under pressure.
- 3
Why three methods, not one
Part I expects you to know when parametric understates tail risk — the setup Part II revisits with expected shortfall.
Choose your Part I plan
Same source-cited content in every tier — pick how far you want the support to go. Move up anytime and pay only the difference.
Part I questions, answered
About the FRM® charterDo I need a quant background for FRM Part I?
Helpful but not required. The quantitative-analysis notes build from first principles, and every numerical LOS shows the formula, the substitution, and the calculator keystrokes.
How is FRM Part I structured?
A single computer-based exam: 100 multiple-choice questions over 4 hours, covering foundations of risk, quantitative analysis, financial markets and products, and valuation and risk models. Our mocks replicate that format and timing.
What does the question bank actually cover?
Every Part I topic, mapped LOS by LOS. Each question carries a full explanation of why each wrong answer is wrong, and the bank re-weights toward the LOS you miss.
Can I upgrade later?
Yes. Move from Practice to Complete or Forever at any time and pay only the price difference — your progress carries over untouched.
How long will I need to study?
GARP suggests roughly 240 hours for Part I. Our guided plan targets that with weekly pace targets designed around a full-time risk role.
Try a topic before you decide.
One full Part I topic is free — notes, questions, and the tools — so you can judge the material against how you actually study before paying anything.
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