Financial Risk Management, or FRM, is a globally recognized certification provided by the Global Association of Risk Professionals (GARP). This finance-focused qualification can help you secure your ideal job in the Risk Management field and is increasingly sought after.
Institutions such as Commercial Banks, Portfolio Management Companies, Hedge Funds, and other finance-related firms are constantly in search of qualified FRMs.
The primary responsibility of an FRM is to detect potential risks to a company's financial assets, earnings, or overall success and develop strategies to mitigate the impact of those risks. For example, consider a Bank that must determine whether to grant a loan to a specific organization. An FRM will play a critical role in guiding the bank through this decision-making process.
To become an FRM, you must pass two exams and acquire two years of work experience in a risk-related role. The FRM curriculum is highly technical and can be challenging to grasp when studying independently, making enrolling in coaching classes nearly indispensable.
The following is a selection of the top six FRM Exam Coaching Classes in Delhi:
This institute tops the list of FRM prep providers in Delhi. It was established with a motto of ‘Intuitive Learning’, wherein every student learns what lies behind a concept and not just mugs it up. They have been famous for their unique teaching methods wherein the learner is made to visualize the formula for a deep understanding, which no other institute provides. They claim a whooping pass rate of 92% in their frm prep course.
The head faculty, CA Yash Jain is a certified FRM and an Industry expert with rich experience in Valuation, Investment Banking and Risk Modeling.
Rs. 25,000 to 30,000
EduPristine is one of India's largest accounts and finance training providers, with experience in teaching certifications like CFA, FRM, CMA, CPA and Financial Modeling. They not just help you with theoretical knowledge of the FRM exam but also give soft-skills training so that you can get a job in the Risk domain. Although they don’t claim any passing rate for their students, their huge alumni base speaks for their results.
Most of their Faculties are freelancers and FRM Certified.
Rs. 17,500 to Rs. 30,000
3. Financial Corridor
If you have a knack for Finance and if you would truly want to learn from the experienced, then teachers at Financial Corridor are awaiting your presence in their institute. The masses do not recognize this very well, but those who have taken classes from them have given decent reviews for this institute and thus, this hidden gem has made it to this list.
Their head Trainer Mr. Keshav, is a CFA and an M.com graduate.
Rs. 35,000 for each part
4. iPlan Education
iPlan is the oldest FRM preparation provider in India and hence is trusted by thousands of students. This institute has been awarded several times since 2010 for being nothing less than the best in preparing students for Finance Certifications. Although the average pass percentage for FRM is 40% to 50%, and iPlan Education claims for pass percentage of 70% to 80%
Head faculty, Pravin Khetan, is an FRM and CFA mentor with 5+ years of experience.
Rs. 34,500 to Rs. 38,000
5. Miles Education
Miles is one of the institutes that are very well hyped, and all for good reasons. Miles is considered one of the leading Finance and accounting institutes in not just India but other parts of the world as well. Their most famous prep course is for the CPA exam. However, they recently launched CFA & FRM Prep Courses. Their major aim is to upskill students and professionals so that they are future-ready.
Most of their Faculties are FRM Certified.
Rs. 40,800 for each part, which also includes Kaplan Schweser Training Material
Finlearning is an Institute based in the Delhi NCR region and offers prep courses for both CFA and FRM. Over time, they have consistently enhanced teaching methods to create a highly effective learning experience for students. Their faculties engage students with an interactive approach, using numerous illustrations to promote a deeper understanding of concepts. They have also developed techniques to simplify complex formulas, making them more manageable and straightforward for learners.
Both the faculties – Bhavna Goel and Gurmeet Katar, are certified FRMs with 10+ years of experience.
Rs. 20,000 to Rs. 30,000
The above blog highlights the top institutions for FRM (Financial Risk Manager) preparation in Delhi and offers a brief overview of the course to familiarize you with what to expect. However, completing an FRM course does not guarantee a high-quality job. Instead, it deepens your understanding and expands your knowledge of an organization's risk management and financials.
While an FRM certification can enhance your resume, gaining practical skills such as Excel, Python, and R is crucial for securing a desirable position. Ultimately, it is your knowledge and abilities that will propel your career forward.