All You need to know about the FRM® Computer-Based Testing

The FRM exam is computer-based (CBT), and it is best to familiarize yourself with this mode of testing. This article will answer all the questions you have about this exam.

How do I schedule my CBT FRM exam?

The first step in scheduling your CBT FRM exam is to log into your GARP account or create an account if you do not have one. You are required to pay your registration fees before scheduling an exam.

After successfully logging into your account, click on the “exam set up” button to schedule your exam. You are allowed to reschedule your exam once. If you choose to defer your exam to the next available sitting, go to “My Programs” on your student account, then click on the Exam set-up button. You can only defer your exams once for a $200 fee, and you should do so by March 31^st for May/July series and September 30th for the November/December sitting.

If you fail to schedule your exam or do not take your exam after scheduling, GARP requires you to register again and pay the full exam fee.

How do I prepare for the computer-based FRM exam?

To prepare for the computer-based exam, you should ensure that you have in-depth knowledge of the FRM concepts. Start your studies as soon as you register for the exam and dedicate at least 240 hours over a few months. Please pay close attention to the core topics and their weights to give structure to your study schedule and make the most of the time.

Enrolling in the AnalystPrep.com FRM study packages will help you prepare for the exam with expert help and sample questions to practice for the exam. Sample questions and mock exams will help you with time management during the main exam. You should spend an average of 3 minutes on each question.

You should ensure that you are comfortable working with your calculator by practicing using it and ensure that you configured it correctly. It is essential to familiarize yourself with the exam tool features. It would be best if you understood how the computer-based exam works before your scheduled test day.

How is the FRM exam format?

The FRM curriculum consists of two parts. The exams use computer-based testing, and all questions are multiple-choice. FRM part I has 100 equally weighted questions, while part II has 80 questions.

The allocated test time is four hours for both parts. Although you can sit for both sections on the same day, you should pass part I before GARP scores part II. Most candidates, however, prefer to take the exams on different exam sittings.

What should I expect on the scheduled test day?

It would be best to show up at least thirty minutes early for your exam. You should make prior preparations like finding out where the testing center is and how long it will take you to get there to avoid being late. You might not be allowed to take the exam if you arrive late, and you will not get an exam fee refund or transfer.

GARP requires you to show a valid identification document such as a passport when registering or sitting for your exam. You are only allowed a few items in the exam room, so you should leave other personal belongings in your car. You are likely to be given a storage locker to keep your things. Some of the prohibited items from use in the test room include communication and electronic devices such as mobile phones and handheld computers.

You are allowed to bring a printed confirmation, approved identification document, and calculator. You might undergo a check through a metal detector wand, asked to empty your pockets to ensure you do not have any personal belongings. Ensure to follow the exam regulations and rules to avoid being disqualified.

Tips when taking your computer-based FRM exam

Time management is critical when taking your FRM exam. You should spend two and a half to three minutes on each question. Answer the simple questions first and go back to the more challenging ones later. Tackling the hard questions last will increase your chances of getting more answers correct and have more time for the hard questions.

You will be provided with writing materials to use during the exam and allowed to use the approved calculator. Stay alert throughout the test and move through the questions as quickly as you can.

Security measures such as cameras will be put in place to monitor candidate cheating. You should be aware of the examination rules and regulations; you should be quiet during the exam, and any deceit will lead to disqualification. Upon completing your test, you should gather your belongings from the test area and locker and leave.

Contact us at Analystprep.com and practice for your FRM computer-based examination using our sample questions and mock exam database. Our practice exams mimic the test at the end of your course and equip you with experience to help you pass your course level.