The recent financial crisis has emphasised the importance of the Risk Management function and of banking regulation. There is undoubtedly a need of professionals with in-depth knowledge of risks and baking regulations, who may be capable of providing guidance to top management and disseminating the "risk culture" at all levels within an organisation.

In an increasingly complex environment where the different types of risks interact with one another, training emerges as a key element ensure that risk managers can rise to the challenges they are faced with.

The purpose of the Advanced Risk Control and Banking Regulation Programme is to analyse all the risks facing a financial institution and their implications both at an operational and a regulatory level. The Advanced Programme is a basically practical one since all the theoretical notions introduced in class are invariably placed in the context of the daily activities of a financial institution through examples and multiple case studies.

The Programme aims to prepare students to sit the exam for the FRM® Certification, the main professional certification in the field of risk management, universally recognized as a guarantee of sound theoretical and practical knowledge.

In order to successfully participate in this Advanced Programme, participants are required to possess some basic knowledge of risk management (either theoretically or from working experience in risk-related areas). This professional designation exam requires a considerable amount of home study time aside the Online and face to face tutorials.

WHAT IS THE FRM CERTIFICATION?

The “Financial Risk Manager” (FRM®) certification is the most prestigious qualification in the field of risk management in the world. It is awarded by GARP® (Global Association of Risk Professionals). This non-profit-making organisation is made up of professionals from all over the world working in the field of financial risk management.
The following charts provide information about the subject matter covered by the exam, and the weighting of each item.

FMR® FACTS AND FIGURES

The FRM® certification comprises 2 levels, with exams to attain each of them being held in May and November. Students must pass the Level I exam in order to be able to sit the exam for Level II.

Exams are administered on the same date in over 80 cities worldwide, among them Madrid and Barcelona.

The exam corresponding to Level I contains 100 multiple-choice questions, whereas the number of multiple-choice questions for Level II is 80. The time allowed for each exam is 4 hours.

The FRM® certification has gained huge acceptance since its introduction in 1997. With over 26,000 persons accredited as FRM® worldwide, the certification has now become a requirement to be met by candidates applying for jobs in the risk departments of the leading international financial institutions.