Overview
GARP describes Part I as 100 equally weighted multiple-choice questions in four hours, across Foundations of Risk Management, Quantitative Analysis, Financial Markets and Products, and Valuation and Risk Models. Part II has 80 questions in four hours, across Market Risk, Credit Risk, Operational Risk and Resilience, Liquidity and Treasury Risk, Risk Management and Investment Management, and Current Issues in Financial Markets. Both parts are computer-based, with testing windows GARP lists as May, August and November.
Candidates tend to find Part I hard for its mathematics (regression, volatility estimation, option pricing, interest-rate models) and Part II hard for its breadth and the number of named models, frameworks and regulatory ideas to keep apart. Current Issues readings change each year, and some readings are replaced or rewritten, so we always work from the GARP curriculum for your exam year.
Our sessions pair explanation with practice: we work through GARP-style questions, show where the calculation or concept trips people up, and practice with the calculator models GARP permits. We track your error types so final review focuses on recoverable marks.
Who it’s for and the problems it solves
This is for you if you are…
- Part I candidates from finance, economics, engineering or mathematics backgrounds
- Part II candidates working in market, credit, operational or liquidity risk
- Candidates with limited statistics who find Quantitative Analysis and Valuation and Risk Models difficult
- CFA charterholders or candidates adding FRM who need help with areas the CFA covers lightly
- Candidates retaking after a result in a lower quartile for some topics
Common problems we help with
- Regression, volatility models and hypothesis testing feel abstract
- Option pricing, the Greeks and fixed-income measures such as duration and convexity blur together
- You struggle to keep Part II's models and frameworks distinct under time pressure
- Practice questions go well untimed but accuracy drops after the first two hours
- You are unsure how deeply to study the Current Issues readings
What’s included — and what isn’t
Included
- Study plan across the four Part I or six Part II topic areas, weighted by GARP's published weights
- Quantitative Analysis: probability, regression, time series, volatility and simulation concepts
- Valuation and Risk Models: VaR approaches, option pricing, fixed-income measures and credit ratings
- Financial Markets and Products: futures, forwards, swaps and options mechanics
- Part II market and credit risk models, including backtesting, expected shortfall, credit exposure and counterparty risk
- Operational risk and resilience, liquidity and treasury risk, and investment risk concepts
- Approach to the Current Issues readings for your exam year
- Timed question sets on the approved calculator and full practice exam debriefs
- Guidance on connecting FRM study with your work role
Not included
- Sitting any exam on your behalf
- Sharing or using live exam questions, which GARP's candidate rules prohibit
- Completing or verifying your work-experience submission
- Promising a pass or quartile result
What you receive
- Weighted study plan
- A weekly schedule across the GARP books for your part, with practice exam dates and a final review block.
- Concept walkthroughs
- Plain-language explanations with worked numerical examples for the readings you find hardest.
- Formula and model map
- A compact map of the formulas and named models you have missed, showing what each measures and when it applies.
- Practice debriefs
- Analysis of your timed question sets and full practice exams by topic and error type.
- Final review list
- A short list of topics and question types to review in the last two weeks, based on your data.
How it works
Intake
You share your part, exam window, background in math and finance, and any previous results.
Diagnostic
We review your practice results or set a short timed test to find weak areas.
Plan
We agree a weekly schedule, session frequency and practice exam dates.
Teach and practice
Sessions explain concepts, then apply them to exam-style questions on the calculator.
Final review
Full practice exams under timed conditions, followed by focused review.
Ways we make FRM content stick
- Intuition before formula
- Explaining what a model assumes and what it is trying to capture before showing the formula, which helps with conceptual questions.
- Worked calculator examples
- Step-by-step calculations on the permitted calculator for bond pricing, VaR, option values and regression output.
- Compare-and-contrast tables
- Side-by-side summaries of similar models, such as historical versus parametric VaR, or different credit risk approaches.
- Stamina practice
- Gradually extended timed sets that build up to the full four-hour session.
- Error tagging
- Classifying each missed question as concept, calculation, or misread, and adjusting study to match.
Part I and Part II compared
Part I builds the tools; Part II applies them to risk types and governance. You can register for both parts in the same window, but GARP's rules on grading order and the time allowed to complete Part II after passing Part I apply, and you must meet the work-experience requirement to be certified. Check the GARP site for current rules.
- Part I: 100 questions, four hours, four topic areas
- Part II: 80 questions, four hours, six topic areas, including Current Issues in Financial Markets
- Certification also requires relevant professional experience, which GARP describes as two years within a set period
Handling the Current Issues readings
Current Issues readings change for each exam year and cover recent developments such as new risk themes or market events. We focus on the main argument and key terms of each reading, so you can answer conceptual questions without memorizing details.
What the work can look like
Illustrative example — fictional data
Sample diagnostic summary: Part I candidate
An invented Part I candidate with an economics background completed a timed diagnostic set. Everything here is fictional and for illustration.
Findings
Strong in Foundations of Risk Management and Financial Markets and Products; weak in Valuation and Risk Models, especially binomial trees and duration-convexity questions; slow on regression interpretation.
Plan
Three weeks on Valuation and Risk Models with calculator drills, two sessions on reading regression output, then weekly mixed timed sets.
Checkpoint
A full timed practice exam five weeks before the exam window, with a final review plan based on results.
Illustrative example only, with an invented candidate. Real plans depend on your own data, and no result is promised.
What you’ll need to provide
- Your FRM part, exam window and registration status
- Access to your GARP books and practice questions, or any other materials you use
- Previous result reports if retaking
- Your weekly study availability
You don’t need everything ready to ask for a quote — tell us what you have and we’ll say what’s missing.
What affects price and turnaround
Price depends on
- Part I, Part II, or both
- Number of sessions and weeks to your exam window
- Amount of math foundations needed first
- Number of full practice exams you want debriefed
Turnaround depends on
- Your exam window and registration deadlines
- Weekly availability around work
- Time needed for full practice exams and debriefs
Every project is quoted individually. How we price our work.
Questions people ask before starting
Do I need a strong math background?
It helps, but many candidates come from other backgrounds. We can start with foundations in statistics and fixed-income math before moving to exam content.
Should I take Part I and Part II together?
It is possible, but it doubles the workload. We look at your time and background before suggesting whether to split them.
Can you tell me which questions appeared on recent exams?
No. We do not use or share live exam content. We prepare you with the curriculum, official practice questions and original examples.
Which calculator should I use?
GARP publishes a short list of permitted calculators. We practice on whichever approved model you choose.
Do you help with the work experience submission?
No. Your work experience description and its verification are your responsibility under GARP's rules.