FRM – Financial Risk Manager for Banking Professionals
FRM – Financial Risk Manager for Banking Professionals vs 3 alternatives compared
Exam fee, level, duration, validity and salary side by side. Blank cells mean we do not have verified data yet.
| FRM – Financial Risk Manager for Banking Professionals | CFP – Certified Financial Planner | CFA Level I – Investment Analysis | CISI – Wealth & Investment Management | |
|---|---|---|---|---|
| Vendor | GARP | CFP Board | CFA Institute | CISI |
| Level | Advanced | Advanced | Beginner | Intermediate |
| Exam fee | $875–$1,175 | $825–$925 | $940–$1,250 | £190–£350 |
| Duration | — | — | Two 135‑minute sessions | — |
| Passing score | — | — | — | — |
| Valid for | — | — | — | — |
| Typical salary | $110K–$160K | $75K–$130K | $80K–$120K | £45K–£80K |
| Prerequisites | At least two years of relevant work experience | — | — | — |
Which should you choose?
Should I take FRM – Financial Risk Manager for Banking Professionals or CFP – Certified Financial Planner first?
Both are rated Advanced. Pick the one whose exam domains match the job you want, and check which one employers in your area ask for.
Should I take FRM – Financial Risk Manager for Banking Professionals or CFA Level I – Investment Analysis first?
CFA Level I – Investment Analysis is the lower-level certification (Beginner vs Advanced), so it is usually the better first step.
Should I take FRM – Financial Risk Manager for Banking Professionals or CISI – Wealth & Investment Management first?
CISI – Wealth & Investment Management is the lower-level certification (Intermediate vs Advanced), so it is usually the better first step.