Free Tool · FRM Cost in ₹
FRM Course Fees: Calculate Your Total FRM Cost in ₹.
Add up every GARP® fee for the FRM® (Financial Risk Manager) exams, plus retakes, tax and coaching, and see your total in rupees after a short form.
Add up every GARP® fee for the FRM® (Financial Risk Manager) exams, plus retakes, tax and coaching, and see your total in rupees after a short form.
Pick your options. Every fee comes from GARP’s own pages, checked October 2026. Your total appears after a short form.
Enter your details to see your full FRM cost, line by line. It takes 10 seconds and it is free.
Updated 10 October 2026 · GARP fees checked October 2026
Quick answer: FRM® (Financial Risk Manager) course fees are paid to GARP®, the Global Association of Risk Professionals, which runs the FRM exam. For both parts, they come to USD 1,600 if you are new and register early. That is a one-time USD 400 enrollment fee plus USD 600 per part. At standard prices the total is USD 2,000.
In rupees, that is about ₹1,54,584 to ₹1,93,230 at USD 1 = ₹96.61 (FBIL reference rate, 9 Oct 2026), before tax and bank charges. FBIL (Financial Benchmarks India Ltd) publishes India’s official reference exchange rates. Coaching, retakes and deferrals sit on top, and the calculator above adds them all up.
GARP charges FRM fees in US dollars. A new candidate pays a one-time enrollment fee of USD 400 with the first Part I booking. Each part then costs USD 600 if you register early, or USD 800 at the standard price. There is no late tier. Optional extras, such as printed books, cost more. The table lists every fee.
| Fee | USD | ≈ ₹ (illustrative) | Who pays it |
|---|---|---|---|
| One-time enrollment fee | USD 400 | ₹38,646 | New candidates, once, with the first Part I registration |
| Exam fee per part, early registration | USD 600 | ₹57,969 | Everyone, for each part and each attempt |
| Exam fee per part, standard registration | USD 800 | ₹77,292 | Anyone who misses the early deadline |
| Deferral to a later window | USD 250 | ₹24,154 | Only if you defer; allowed once |
| Wire or ACH (US bank transfer) payment fee | USD 50 | ₹4,831 | Only if you pay by bank transfer, per invoice |
| GARP Learning for Part II (2026 price) | USD 250 | ₹24,154 | Optional; Part I Learning is included |
| Printed books, per part (2026 price) | USD 300 | ₹28,984 | Optional; shipping is extra |
In plain words: only the enrollment fee and one exam fee per part are unavoidable. Everything else depends on your timing and choices. Rupee figures use USD 1 = ₹96.61 (FBIL reference rate, 9 Oct 2026), with no tax or bank markup.
For a new candidate who passes both parts first time, GARP’s fees run from about ₹1.55 lakh to ₹1.93 lakh before tax. If GARP adds 18% GST (India’s Goods and Services Tax; our assumption), the range is about ₹1.82 lakh to ₹2.28 lakh. A retake or a deferral pushes it higher. Here are three illustrative paths, all paid by card.
| Path (new candidate, both parts) | USD before tax | ≈ ₹ before tax | ≈ ₹ with 18% GST |
|---|---|---|---|
| Early registration for both parts | USD 1,600 | ₹1,54,584 | ₹1,82,409 |
| Standard registration for both parts | USD 2,000 | ₹1,93,230 | ₹2,28,011 |
| Early for both, plus one Part I retake and one deferral | USD 2,450 | ₹2,36,707 | ₹2,79,314 |
In plain words: one retake and one deferral add over ₹80,000 to the cheapest path, before tax.
Illustrative example: a new candidate registers early for both parts and pays by card. GARP’s fees are USD 400 + USD 600 + USD 600 = USD 1,600. At ₹96.61 per dollar, that is about ₹1,54,584. If GARP adds 18% GST at checkout, the bill becomes USD 1,888, or about ₹1,82,409.
Register in the early period for your chosen window. It saves USD 200 per part, about ₹19,323 at the FBIL rate. GARP runs three exam windows a year: May, August and November. You sit the exam at a PSI test centre (PSI is the company that runs the exam halls). Each window has an early period and a standard period, and nothing after that.
Think of it like an early-bird concert ticket: same seat, same show, lower price if you book before the cut-off. The calculator shows the next registration window from GARP’s published dates. Deadlines move from window to window, so check the live dates on our FRM exam dates hub before you pay.
Four things push the bill up: retakes, deferrals, bank transfers and tax. A retake is a fresh registration at the full exam fee, though the enrollment fee is not charged again. A deferral costs USD 250. A wire or ACH payment adds USD 50 to each invoice. GARP also adds tax at checkout. Your own bank may add a currency charge too.
Expect some tax. GARP’s fees exclude taxes such as GST (Goods and Services Tax) and VAT (value-added tax), and GARP adds them at checkout based on your location. GARP does not publish the rate for India. So the calculator adds 18% GST as an assumption, which you can change or switch off. Your GARP checkout shows the real figure before you pay.
Three GARP rules shape your budget. You can defer only once. You must pass Part II by 31 December of the fourth year after you pass Part I. And you can sit both parts in the same window, but on the same day only in August. Plan your windows around these rules so you never pay twice for the same part.
No. GARP’s fees cover registration and the exam only. Coaching is a separate cost you choose, from self-study with question banks to a full live course. The calculator lets you add your coaching figure, so you see one all-in number. Whatever you spend, its job is to protect your exam fees by helping you pass first time.
QuintEdge is a GARP Approved Exam Prep Provider. See current plans and batches on our FRM coaching classes page.
If you are new and register early for both parts, GARP’s fees are USD 1,600. That is a one-time USD 400 enrollment fee plus USD 600 per part. At standard prices the total is USD 2,000. Tax, bank charges, retakes and coaching are extra.
No. The USD 400 enrollment fee is a one-time fee for new candidates, paid with the first Part I registration. A retake is a new exam registration, so you pay the exam fee again: USD 600 early or USD 800 standard.
No. GARP has only two price tiers per part: early (USD 600) and standard (USD 800). Once standard registration closes, you cannot register for that window and must wait for the next one.
Only within 48 hours of registering. GARP asks for refund requests by email in that time. After that, your option is a one-time deferral to one of the next two windows for USD 250, if you ask before GARP’s deferral deadline (31 March for the May window).
GARP’s fees exclude taxes such as GST and VAT. GARP adds tax at checkout based on your location and does not publish the India rate. This calculator adds 18% GST as an assumption that you can change or switch off.
Yes. You can register for both parts in the same exam window, but both parts on the same day are possible only in August. If you sit both in the same window and fail or miss Part I, GARP does not grade your Part II. If you book Part II for a later window and then fail or miss Part I, GARP converts that booking to Part I.
GARP’s rule is that you must pass Part II by 31 December of the fourth year after you pass Part I. GARP’s pages do not say what happens if you miss this deadline, so check with GARP directly.
This calculator gives an estimate, not a GARP quote. Fees, taxes and dates can change, 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.
