FRM Exam Part I Study Guide

<p>What You Get in This FRM Exam Part I Study Guide  <br />________________________________________<br />• 1100 exam-style practice questions with full explanations<br />• 1100 digital flashcards for rapid concept review<br />• Complete coverage of all FRM Part I domains and subdomains<br />• Concise outline-aligned summaries of key risk management concepts<br />• Test-ready strategies to strengthen recall and improve accuracy<br />________________________________________<br />Study Package Includes<br />________________________________________<br />This comprehensive FRM Part I study package provides the tools and structure you need to master every topic tested on the exam. You’ll work through 1100 practice questions each written to mirror FRM difficulty and paired with clear instructional explanations that reinforce both calculation methods and underlying concepts. The guide also includes 1100 digital flashcards designed for quick daily review to help you retain formulas definitions and core principles. To tie everything together the study guide offers streamlined domain-aligned summaries that follow the official FRM Content Outline giving you a clear roadmap through all exam topics.<br />________________________________________<br />Foundations of Risk Management (20%) – Introduces fundamental risk types governance frameworks performance measurements data aggregation principles and ethics under the GARP Code of Conduct.<br />Quantitative Analysis (20%) – Covers probability distributions parameter estimation statistical inference correlation regression analysis time-series modeling simulation methods and foundational machine-learning techniques.<br />Financial Markets and Products (30%) – Explains the structure of financial institutions and markets along with the mechanics and valuation of derivatives interest-rate products FX risk corporate bonds and mortgage-backed securities.<br />Valuation and Risk Models (30%) – Details the major risk-measurement tools including VaR ES volatility estimation economic and regulatory capital stress testing scenario analysis fixed-income and option valuation and credit and operational risk models.<br />________________________________________<br />This single resource ensures you are fully equipped to understand practice and apply the concepts necessary to pass the FRM Part I exam with confidence.</p>