Which is the Best Way to Study for FRM®: Self-Prep or Guided Study?

Which is the Best Way to Study for FRM®: Self-Prep or Guided Study?

The FRM program is intensive, requiring you to put in a lot of time and effort to pass the exams. The next step after enrolling and registering for the program is to design a study routine, and a significant part of this is whether to seek expert help or study by yourself.

To prepare for your FRM exam, you should put in more than 240 studies for each program level. If you do not know which mode o study to choose, the following differences between self-preparation and guided study will help you make the right choice.

Self-preparation for the FRM exam

Self-preparation or self-study means that you will revise for the exams without the help of an instructor. Self-study takes a lot of discipline, motivation, and some level of expertise to do this successfully. While not impossible to do, few people have the persistence, patience, and consistency to put in the hard work.

If you are considering self-study, you should be honest and self-aware of your strengths and past learning experiences. Reflect on the time you spent in college or university and ask yourself a few questions such as; how instrumental was the help of your teachers and mentors to your success? Did you perform better in classes where the instructor was more involved in your studies than when left to study alone?

Self-study involves the following:

  • Design a study plan for at least 240 hours over 6 to 9 months.
  • Study the course curriculum and look for notes
  • Source for and take sample practice questions
  • Analyze your performance on sample questions and identify areas you should improve on
  • Take mock exams in preparation for the actual test
  • Identify a strategy to use during the exam to help you pass

The self-study approach is challenging, and most first-time candidates benefit significantly from expert-guided studies.

Expert guided FRM exam preparation

Expert-guided exam preparation gives you a better chance of passing your FRM exams on the first try. AnalystPrep.com is the leading study expert that has assisted many candidates in attaining their FRM certification. Our study packages include the following;

  • An experienced FRM instructor to take you through the curriculum, help you understand the complex concepts and know-how to apply them.
  • Our mentors will guide, encourage and motivate you throughout your studies. They will help you have a structured study plan and keep you accountable and consistent.
  • The experts will help you identify areas that need more attention and guidance on making these improvements.
  • Your mentor will guide you through challenging coursework and provide you with strategies to answer the exam questions.
  • You will have access to additional learning resources, multimedia tutorials, and an up-to-date sample question bank. Our mock exam simulates the final test to enhance your preparation.
If you choose expert-guided studies, your investment is worth the help and success.

Tips to help you study for your FRM exam

You will need to put in an average of 200 – 240 hours for each part of your FRM exam. You need to ensure that you have an in-depth understanding of the curriculum and the skill to apply this knowledge to real situations.

I. Set up a study routine and adhere to it

Setting up a study routine will help you attain a high level of understanding and application skill, and starting a study routine as early as possible will go a long way in helping you achieve this.

You should adhere to the set study routine as much as possible and develop a study strategy to ensure that you maximize the time you have in each session. You can start by reading or listening to lectures and understanding the information, then learn to apply the knowledge through practicing with examinations.

II. Pay attention to the core areas of study and expected learning outcomes

As discussed above, there are some core areas of education that you need to master in FRM. During your study sessions, you should pay more attention to these topics to master them.

Paying close attention to the core areas of study and understanding the weight of each topic will help you have a more focused study session.

III. Relate your knowledge to real situations

To pass the FRM tests, you should know the material and the skill to apply that knowledge to real life. It would help if you studied to gain the skills to use the information in real scenarios.

Remember that you will need to use the material you learn to work in the real world. You can make your learning material faster to remember by relating it to real-life situations.

Practice taking the exam using mock tests

You must be familiar with the terms used in the tests and how to answer the questions effectively. It would help if you practiced using mock examinations as many times as possible, leading to your scheduled test. Taking mock examinations will enable you to identify any knowledge gaps and adjust your study sessions. You will also understand the terms used during testing, the calculations required, and how to apply the knowledge to solve problems.

Contact us at Analystprep.com and access our extensive question bank with over 4,000 questions to equip you with experience to help you pass any part of your FRM exam.

Our FRM study packages will help you understand key concepts and give you the confidence to pass both parts of the FRM exam. You will have access to notes and video tutorials from the best professors to help you pass your exam on the first try.