Free diagnostic
Free Part II practice test
12 questions from all six topic areas in 36 minutes. Then your score in each area, a short lesson on the one to fix first and a study plan.
- Two questions from each area: market, credit and operational risk, liquidity and treasury risk, investment management and current issues. Have a financial calculator ready.
- No account, and nothing about your answers is kept.
- Questions come one at a time on one clock, 180 seconds each, the real exam's pace.
The six topic areas
| Topic area | Questions in each of our mocks |
|---|---|
| Market Risk Measurement and Management | 16 of 80 |
| Credit Risk Measurement and Management | 16 of 80 |
| Operational Risk and Resilience | 16 of 80 |
| Liquidity and Treasury Risk Measurement and Management | 12 of 80 |
| Risk Management and Investment Management | 12 of 80 |
| Current Issues in Financial Markets | 8 of 80 |
The real exam has 80 equally weighted multiple-choice questions in four hours, with no formula sheet.
How we score it
GARP's exam pages give no passing score, so we do not estimate one. You get your share right in each topic area and overall, every question counted the same, as on the exam.
Original practice questions for Part II of the FRM® exam. FRM® and Financial Risk Manager® are trademarks of the Global Association of Risk Professionals (GARP). GARP does not endorse, promote, review or warrant the accuracy of the products or services offered by UniGenius. Independent course, not affiliated with or sponsored by GARP.