FRM Eligibility Checker: When Can You Take the FRM Exam?
Tell us where you are and which part you are planning to see your earliest FRM® window, what GARP charges and a dated timeline to the FRM title, shown after a short form.
Tell us where you are and which part you are planning to see your earliest FRM® window, what GARP charges and a dated timeline to the FRM title, shown after a short form.
Three quick questions. We use GARP's published rules and booking dates, checked in October 2026.
Enter your details to see your full result now. It takes 10 seconds and it's free.
Updated 10 October 2026 · Rules checked in October 2026 against GARP's exam policies
Quick answer: Anyone can take the FRM® exam. FRM stands for Financial Risk Manager. GARP, the Global Association of Risk Professionals that runs it, sets no degree, age or work requirement to register for Part I. The catch comes at the end. To earn the FRM title, you must pass Part I and Part II, then show two years of full-time, risk-related work.
The checker above gives your earliest exam window, what GARP charges, your Part II deadline and a dated path to the FRM title.
Everyone. GARP has no educational or professional prerequisites to register. A college student, a fresh graduate, an engineer and a banker all register the same way. What differs is when you can call yourself an FRM. That needs both exams passed and two years of full-time, relevant work. Think of a driving licence: anyone can take the test, but the full licence comes after your hours on the road.
| You are… | Can you register for Part I? | When can you earn the FRM title? |
|---|---|---|
| A college student | Yes | After both parts and two years of full-time work after college |
| A fresh graduate | Yes | After both parts and two years of full-time, relevant work |
| Working in risk, credit, treasury or audit | Yes | Your current job may already count; GARP decides |
| Working in an unrelated field | Yes | Once you have two years in a relevant role |
In plain words: the exam is open to all; only the title needs work experience.
GARP runs three exam windows a year: May, August and November. You sit the exam on a computer at a PSI test centre. PSI is the test-centre company GARP uses. In mainland China, Hong Kong SAR (Special Administrative Region) and Thailand, GARP uses ATA, another test-centre company, instead. Each window has an early booking period and a standard one, and the early fee is lower. Once the standard period closes, you wait for the next window.
| Window and exam dates | Early booking | Standard booking |
|---|---|---|
| May 2027 Dates to be announced | 1 Dec 2026 – 31 Jan 2027 | 1 Feb 2027 – 31 Mar 2027 |
| August 2027 Dates to be announced | Not published yet | Not published yet |
| November 2027 Dates to be announced | Not published yet | Not published yet |
Right now, the next window open for booking will be May 2027; early booking opens 1 Dec 2026.
For the live calendar and exam days, see FRM exam dates.
You pay a one-time enrollment fee of USD 400 with your first Part I booking. Each part then costs USD 600 at the early fee or USD 800 at the standard fee. GARP adds tax such as GST (India's goods and services tax) at checkout, and there is no late tier. These fees were checked in October 2026.
Worked example (illustrative): Part I at the early fee costs USD 400 + USD 600 = USD 1,000. That is about ₹96,615 at the FBIL reference rate USD 1 = ₹96.61 on 9 Oct 2026. FBIL (Financial Benchmarks India) publishes India's official reference exchange rates. Your bank adds its own markup. For retakes, books and coaching, use the FRM fee calculator.
Yes. You can book both parts in the same window, and only the August window lets you take both on the same day. But you cannot sit Part II in a later window before you have taken and passed Part I. If you book Part II for a later window and then fail or miss Part I, GARP switches that booking to Part I.
Taking both together saves time but doubles the study load. You can also sit Part I first and book Part II for a later window.
Two years of full-time, professional work in financial risk management or a closely related field. Internships, part-time jobs and work done while you were still studying do not count. The work can come before or after the exams, but it cannot be older than 10 years before you pass Part II. You then have 10 years after passing Part II to submit it.
GARP looks for full-time work where identifying, measuring, monitoring or managing risk is a meaningful part of the job. Its FAQ names areas such as risk analysis, model validation, trading, portfolio management, treasury, audit and consulting, and GARP judges each case. The 10-year submission window has applied since 1 May 2025.
Until 31 December of the fourth year after you pass Part I. So if you pass Part I in May 2027, you must pass Part II by 31 December 2031. Think of it as a four-year ticket that runs out at the end of a calendar year. Plan Part II within a year or two of Part I, while the material is fresh.
| You pass Part I in | Pass Part II by |
|---|---|
| 2026 | 31 December 2030 |
| 2027 | 31 December 2031 |
| 2028 | 31 December 2032 |
You get the rest of your Part I year plus four full calendar years.
Here is one illustrative path. You are in the final year of a B.Com and sit Part I in May 2027. You join a bank's credit risk team in July 2027 and sit Part II in November 2027. Your two years of full-time work finish in July 2029. That is the earliest you could apply for the FRM title, after GARP reviews your experience.
Your own dates will differ. Enter them above to get a timeline you can save as a PDF or add to your calendar.
No formal ones. GARP sets no degree, age or work requirement to register for FRM Part I. Work experience matters only for the FRM title: two years of full-time, relevant work, submitted within 10 years of passing Part II.
Yes. There is no minimum qualification, so a college student can register for Part I. But work done while you are still studying does not count towards the two years, so that clock starts after college.
Two years of full-time work in financial risk management or a closely related field. Internships and part-time jobs do not count. The work can come before or after the exams, but not more than 10 years before you pass Part II.
Yes. GARP lets you book both parts in one window, and only the August window allows both on the same day. You cannot sit Part II in a later window before you have taken and passed Part I.
Until 31 December of the fourth year after you pass Part I. For example, if you pass Part I in May 2027, you must pass Part II by 31 December 2031.
No. GARP grants no exemptions for other qualifications. Every candidate must pass both Part I and Part II.
GARP does. It reviews each work-experience submission against its rules. This checker is guidance based on GARP's published rules, checked in October 2026.
Guidance only. GARP decides eligibility and reviews every work-experience submission, so confirm on garp.org before you pay. GARP does not endorse, promote, review, or warrant the accuracy of the products or services offered by QuintEdge of FRM® related information, nor does it endorse any pass rates claimed by the provider. Further, GARP is not responsible for any fees or costs paid by the user to QuintEdge nor is GARP responsible for any fees or costs of any person or entity providing any services to QuintEdge. FRM®, GARP®, and Global Association of Risk Professionals™ are trademarks owned by the Global Association of Risk Professionals, Inc. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.