GARP FRM Exam Overview & Tips (In-Depth)

Estimated reading time: 25 minutes


Why should I take the Financial Risk Manager (FRM) exam?

The Financial Risk Manager (FRM) exam is a globally recognized certification for financial risk professionals. The exam tests one’s knowledge of financial risk and is offered by the Global Association of Risk Professionals (GARP).

This certification is designed for professionals working in risk management, investment management, banking, and other related fields. We shall now take an in-depth look at a the GARP FRM Exam.


What does it test?

The FRM exam is a certification examination for financial risk professionals. It tests the candidate’s understanding of financial risk and their ability to apply their knowledge in real-world situations.

It is designed to assess the individual’s mastery of a broad range of topics including financial markets and products, quantitative analysis, and the economics of financial markets.

The exam also tests the individual’s ability to understand and analyze complex financial data and use it to make informed decisions. It is recognized globally as a benchmark for the knowledge and skills of financial risk professionals.


Why take it?

There are several reasons why someone might want to take the FRM exam.

First, the FRM certification is highly respected and recognized globally. The certification is recognized by financial institutions, government agencies, and other organizations.

This recognition can lead to increased job opportunities and higher salaries for those who hold the FRM certification.

Second, the FRM exam covers a comprehensive curriculum of financial risk. The exam tests one’s knowledge of risk management techniques and practices, as well as the understanding of how financial markets work.

This knowledge is essential for professionals working in the financial industry who need to understand how to manage risk and make informed decisions.

Third, the FRM exam is designed to test practical knowledge and skills. The exam is designed to assess one’s ability to apply financial risk concepts in real-world situations.

This practical knowledge is essential for financial risk professionals who need to be able to make informed decisions in a fast-paced, ever-changing financial environment.

Fourth, taking the FRM exam can help professionals stay current with the latest developments in financial risk. The exam is regularly updated to reflect the latest developments in the field of financial risk.

This helps professionals stay up-to-date with the latest techniques and practices, and ensures that they have the knowledge they need to be successful in their careers.

Finally, the FRM exam is designed to be challenging. The exam requires a high level of knowledge and understanding of financial risk and is not easy to pass.

However, this challenge can be rewarding for those who are committed to advancing their careers in risk management.


Things to Consider When doing the FRM Examination

Here are several items to consider when preparing for the FRM examination:


Understand the exam format

Familiarize yourself with the format, including the number of questions, structure, time allocation, and the types of questions you can expect to encounter. Understanding the exam format is crucial for effective exam preparation.

Practice time organization during your exam preparation to ensure that you can complete all the questions within the given time frame.

If you have any doubts or questions about the format, don’t hesitate to seek clarification from past students or even the internet! Understanding the format is crucial to avoiding surprises during the actual assessment.


Study the official curriculum

Use the official FRM curriculum provided by GARP as the basis for your studies. Make sure you understand the key concepts and theories covered in each of the four parts of the exam.

Read through the entire curriculum and make sure you understand the key concepts and theories covered in each section. Take detailed notes and ask questions if you need clarification.


Create a study plan

Use the curriculum as the basis for your study plan. Make a schedule of when you will study each section and make sure you allocate enough time for review and practice.

Preparing for a difficult examination requires careful planning and organization. A well-structured study plan can help you stay focused, manage your time effectively, and improve your chances of success.

Define your study goals and objectives. What do you want to achieve by the end of your study plan? Be specific and realistic in setting your goals, and break them down into smaller, manageable tasks.

Develop a detailed study schedule that includes specific study times, breaks, and deadlines for completing each topic or chapter. Stick to your schedule as much as possible to ensure consistent and effective studying.


Take care of yourself

Don’t neglect mental and physical self-care during your exam preparation. Get enough sleep, eat healthily, and exercise regularly to keep your mind and body in peak condition.

Taking care of yourself will help you stay focused and energized during your study sessions.

Staying motivated and positive throughout your preparation is also absolutely necessary. Remember why you are studying and the benefits of passing the exam.

Surround yourself with supportive friends and family who can encourage and motivate you.

Remember that creating a study plan is not a one-size-fits-all approach. Customize your plan according to your own learning style, preferences, and needs. Be flexible and open to adjustments as you progress.

With a well-structured study plan and consistent effort, you can confidently prepare for a difficult exam and increase your chances of success.


Stay organized

Staying organized is a crucial aspect of exam preparation, as it can greatly contribute to your success. Keep your study materials, notes, and resources organized.

This will save you time and prevent unnecessary stress when you need to review specific topics or concepts.

This allows you to create a better study plan. You can outline the topics you need to study, gather the necessary study materials, and arrange them in a systematic manner.

This can help you avoid last-minute cramming and ensure that you cover all the relevant content.

Exam preparation can be stressful, but being organized can help reduce that stress.

Knowing what you need to study, where your study materials are, and having a plan in place can help you feel more in control and confident about your exam preparation. This can help you stay focused and calm during your study sessions.

Organization will also boost your productivity! You can prioritize your study tasks, set goals, and track your progress. This can help you stay motivated and focused, and complete your study goals more efficiently.

It also allows you to identify any gaps in your knowledge and take corrective measures in a timely manner.

Additionally, you will be able to easily review and revise your study materials. You can keep your notes, textbooks, and other resources well-organized, making it easier to locate and review them when needed.

This can be especially helpful during last-minute revision sessions before the exam.


Practice with past questions

Review past FRM exam questions to get a sense of the types of questions you can expect to see on the exam. This will also help you identify areas where you may need to focus your studies.

Getting practice under exam-like conditions to simulate the actual experience is another critical aspect that you need to do.

This will help you get accustomed to the format, identify your strengths and weaknesses, and fine-tune your preparations accordingly.

You can also take online practice tests to help you prepare. These can help you identify areas where you need to improve and provide valuable practice in answering questions under timed conditions.


Supplement with additional study materials

Use additional study materials, such as textbooks and online resources, to supplement your studies and deepen your understanding of the material.

While your primary study materials, such as textbooks and class notes, may provide a solid foundation, additional study materials can offer a more comprehensive coverage of the exam topics.

They may provide different perspectives, examples, and explanations that can deepen your understanding of the subject matter and ensure you have a well-rounded preparation.

Using additional study materials allows you to access information from diverse sources. This can help you gain a broader perspective on the exam topics and expose yourself to different writing styles, approaches, and examples.

Diverse study materials can help you develop a more comprehensive understanding of the subject matter and enhance your critical thinking skills.

Additional study materials can also serve as supplemental learning resources to reinforce what you have learned from your primary study materials.

They can provide additional explanations, examples, illustrations, and exercises that can help clarify difficult concepts, provide additional context, and reinforce your understanding of the material.

Everyone has different learning styles and preferences. Additional study materials can allow you to personalize your learning experience by choosing resources that align with your preferred learning style, whether it’s visual, auditory, or kinesthetic.

This can help you engage with the material in a way that resonates with you, leading to better retention and understanding.

Some additional study materials are specifically designed for exam preparation, providing targeted guidance on exam format, question types, and strategies.

These materials can help you familiarize yourself with the exam structure, understand the scoring rubric, and develop effective test-taking strategies, which can be invaluable for success.


Attend review courses

Consider attending a review course to help you prepare for the exam. Review courses are taught by experienced professionals and can provide valuable insights and tips for success on the exam.

Attending review courses can be beneficial for exam preparation, but it depends on your individual circumstances and learning style.

Review courses can be particularly helpful for exams with complex formats, such as standardized tests, professional certifications, or licensing exams.

These courses often provide insights into the exam structure, question types, and scoring methods, which can help you familiarize yourself with the exam and develop effective test-taking strategies.

If you feel that your primary study materials do not cover all the exam content adequately, attending a review course may provide additional coverage and help you fill any knowledge gaps.

Review courses may offer comprehensive review of the exam topics, provide explanations, examples, and illustrations, and clarify difficult concepts, which can enhance your understanding of the material.

Review courses are often conducted by experienced instructors who are knowledgeable about the exam and can provide expert guidance.

They may offer insights, strategies, and tips for exam preparation, which can help you optimize your study approach and boost your confidence.

Interacting with instructors and fellow students during the review course can also provide opportunities for discussions, questions, and clarifications.

Review courses typically follow a structured curriculum, which can help you organize your study plan and stay on track.

They may provide a schedule, study materials, and assignments, which can help you set goals, monitor your progress, and ensure that you cover all the necessary material before the exam.

Nevertheless, review courses may not be suitable for everyone, as different people have different learning styles.

Some learners may prefer self-directed study using their own materials, while others may benefit from the structure and guidance of a review course.

Consider your preferred learning style and how it aligns with the teaching methods of the review course.

Review courses typically come with costs, such as tuition fees, travel expenses, and time commitment.

Consider whether the benefits of attending a review course outweigh the costs, and whether you have the resources, including time and financial, to commit to a review course.


Stay up-to-date with financial news

Stay informed about financial news and developments in the financial industry. This will help you understand the context in which risk management is applied and provide valuable perspective on the material you are studying.

In fact, staying up-to-date with financial news can be beneficial when preparing for a financial exam, as it can provide you with current information, real-world examples, and practical applications of the financial concepts you are studying.

Financial exams often assess your ability to apply financial concepts in real-world scenarios.

Staying updated with financial news can help you understand how these concepts are applied in practical situations, such as market trends, economic events, financial regulations, and business news.

This can provide you with relevant examples and case studies that can help you relate the exam material to real-world scenarios, making it more relatable and easier to understand.

Financial news can provide you with opportunities to apply the theoretical concepts you are studying in your exam preparation.

By analyzing financial news articles, reports, and data, you can practice applying financial concepts, theories, and formulas to real-world situations.

This can help you develop critical thinking skills, problem-solving abilities, and a deeper understanding of the material, which can be valuable in your exam.

Financial news provides you with up-to-date information on the latest developments in the financial industry, including changes in regulations, market trends, and economic indicators.

This can help you stay current with the most relevant and recent information, which may be tested in your exam.

Keeping yourself updated with financial news can ensure that your knowledge is current and aligned with the dynamic nature of the financial industry.

Financial news can offer practical examples that illustrate financial concepts, theories, and applications. These examples can help you understand how financial concepts are applied in real-world scenarios, and how they can impact financial decision-making.

Practical examples from financial news can provide you with a deeper understanding of the relevance and implications of the material you are studying, which can help you better prepare for exam questions that require application or analysis.

However, it’s important to strike a balance and prioritize your exam-specific study materials and preparation strategies, as financial news can also be overwhelming and time-consuming.

Use financial news as a supplementary resource to complement your exam preparation efforts and tailor it to your individual learning needs and exam requirements.


Manage your stress

Manage your time effectively to ensure you have enough time to prepare for the exam. Additionally, make sure to manage stress by engaging in physical activity, eating well, and getting enough rest.

Create a study schedule or plan that allows you to cover all the material you need to learn for the exam. Break down the material into manageable chunks and allocate specific study times for each topic or subject.

Having a well-structured plan can help reduce stress by providing you with a clear roadmap to follow.

Avoid procrastination and prioritize your tasks. Create a to-do list and set deadlines for completing each task. This will help you stay organized and focused, reducing the last-minute rush and associated stress.

Avoid cramming for hours without taking breaks. Taking regular breaks during study sessions allows your brain to rest and retain information better.

Use your breaks to relax, stretch, or engage in activities you enjoy to help reduce stress levels.

Be mindful of the way you talk to yourself. Avoid negative self-talk, such as “I can’t do this” or “I’m going to fail.” Instead, use positive and affirming language, such as “I am prepared” or “I will do my best.”

Positive self-talk can help boost your confidence and reduce stress.

Don’t be afraid to ask for help if you’re feeling overwhelmed. Reach out to friends, family, or teachers for support. Sometimes talking to someone about your concerns can help you gain perspective and relieve pressure.

Incorporate relaxation techniques into your daily routine. Deep breathing, progressive muscle relaxation, or visualization can help you relax and reduce tension.

Practice these techniques regularly to build resilience against exam-related stress.

Remember, it’s normal to feel stressed during exams, but managing stress is crucial for optimal performance.

By planning, organizing, practicing self-care, seeking support, and using relaxation techniques, you can effectively manage anxiety and perform your best on the big day.


Why do Students Fail Their Exams

There are several reasons why students may fail their examinations. Some of the top reasons include:


Lack of preparation

One of the primary reasons for exam failure is inadequate preparation. Students who do not dedicate enough time to studying, fail to understand the material, or neglect to review regularly are at risk of not performing well on exams.

Procrastination is a common issue that can prevent individuals from adequately preparing for exams. Putting off studying or reviewing until the last minute can result in a lack of preparation time, leading to poor performance in exams.

Poor time management skills can result in insufficient time allocated for exam preparation. Balancing other responsibilities such as work, family, or social activities with exam preparation can be challenging, and can lead to inadequate preparation.

If a student lacks motivation or interest in the subject matter being tested, they may not feel inclined to put in the effort required for thorough exam preparation. This can result in a lack of motivation to study and prepare adequately.

Personal challenges such as health issues, family problems, or emotional distress can significantly impact a student’s ability to focus on exam preparation.

Dealing with personal challenges can consume time and energy, leaving little room for exam preparation.

Some students may rely on cramming, which is the practice of trying to learn large amounts of information in a short period of time.

This approach can lead to superficial understanding and retention of information, resulting in a lack of effective exam preparation.

Limited access to study materials, textbooks, or other resources can hinder exam preparation. Without the necessary resources, students may struggle to adequately prepare for exams and perform poorly as a result.

Students with learning difficulties, such as dyslexia or attention deficit hyperactivity disorder (ADHD), may face challenges in studying and retaining information, which can result in a lack of exam preparation.

If exams are scheduled too close to each other or if there is an excessive workload, students may find it difficult to manage their time effectively and prepare adequately for all exams.

Some students may lack effective study skills, such as note-taking, time management, or effective reading strategies. These skills are crucial for efficient exam preparation, and without them, students may struggle to prepare adequately.

Psychological factors such as test anxiety, fear of failure, or low self-esteem can also hinder exam preparation. These factors can create mental blocks and prevent students from focusing on their studies, leading to a lack of preparation.

It’s important to identify the reasons for a lack of exam preparation and address them accordingly. Seeking support from teachers, peers, or academic counselors can help in overcoming these challenges and preparing for exams effectively.


Poor time management

Many students struggle with time management, which can lead to cramming or last-minute studying. This often results in an insufficient grasp of the material and can lead to exam failure.

Some students may not be fully aware of how important time management is for academic success. They may not realize the impact on their grades, productivity, and overall well-being.

Many persons have busy schedules with multiple responsibilities, such as attending classes, participating in extracurricular activities, working part-time jobs, or taking care of family obligations.

Overcommitment can make it challenging to manage time effectively, as students may struggle to balance their various commitments.

Students who struggle with organization skills may find it difficult to prioritize tasks, keep track of assignments, and set realistic goals. This can result in poor time management as students may struggle to allocate their time efficiently.

However, some may face personal challenges such as health issues, mental health concerns, or other personal circumstances that can affect their ability to manage their time effectively.

These factors can impact a student’s ability to prioritize tasks, stay focused, and meet deadlines.

For some, poor time management may simply be a result of inexperience. They may be transitioning from one educational level to another and may not have developed these effective skills yet.

It’s important to note that poor time management is a common issue and can be improved with awareness, effort, and practice.

Developing effective time management skills can significantly contribute to academic success and overall well-being. Seeking help from teachers, counselors, or other resources can also be beneficial in addressing time management challenges.



Procrastination, or putting off studying or completing assignments until the last minute, can lead to poor exam performance.

Students who delay their preparations may not have enough time to cover all the necessary material thoroughly, resulting in a lack of readiness for the exam.

Procrastination can arise from a variety of factors, including:

Lack of motivation: If we don’t feel motivated to complete a task or don’t see the immediate rewards or benefits of doing so, we may put it off and engage in more immediately rewarding activities instead.

Fear of failure: The fear of not being able to complete a task successfully or meet high standards can lead to procrastination, as a way to avoid facing potential failure or disappointment.

Perfectionism: The desire to achieve perfection or high standards in our work can sometimes lead to procrastination, as we may feel overwhelmed or uncertain about how to meet those standards, resulting in delay.

Poor time management: If we struggle with managing our time effectively, we may find ourselves procrastinating on tasks as we struggle to prioritize and allocate our time efficiently.

Overwhelming tasks: When a task feels too large or complex, it can be easy to procrastinate as we feel daunted by the amount of work involved and are unsure where to start.

Distractions: The abundance of distractions in our modern world, such as social media, email, and other forms of entertainment, can easily lead to procrastination as we get easily sidetracked from our tasks.

Emotional factors: Procrastination can also be influenced by our emotional state, such as feeling anxious, stressed, or overwhelmed, which can lead to avoidance behaviors and delaying tasks.

Habitual behavior: Procrastination can become a habitual behavior, as our brains learn to associate certain situations or tasks with delay, making it a default response.

It’s important to note that procrastination is a complex behavior that can be influenced by multiple factors, and individuals may procrastinate for different reasons.

Overcoming procrastination often requires self-awareness, effective time management, setting realistic goals, addressing emotional factors, and developing strategies to break the cycle of delay.


Lack of understanding of exam format

Students who do not understand the format of the exam or are not familiar with the types of questions that will be asked may struggle during the exam.

It is essential to be familiar with the exam structure, question types, and marking scheme to perform well.


Insufficient revision

Failure to revise the material adequately before the exam can lead to poor retention of information. Revision helps reinforce learning and aids in retaining information in the long-term memory, which is crucial for exam success.


Test anxiety

Test anxiety is a form of performance anxiety that arises when individuals feel stressed, anxious, or overwhelmed in testing situations.

There are several potential factors that can contribute to test anxiety, including:

Pressure to perform: The pressure to perform well on tests, especially in high-stakes situations such as standardized tests or exams that have significant consequences (e.g., grades, graduation, career opportunities), can trigger anxiety.

Fear of failure or disappointing oneself, parents, teachers, or peers can contribute to test anxiety.

Fear of negative evaluation: Test anxiety may be related to a fear of being judged negatively based on test performance. The fear of embarrassment, humiliation, or criticism from others can intensify anxiety during testing situations.

Perceived lack of control: Feeling like one has little control over the testing situation or the outcome of the test, such as not having enough time to prepare or feeling unprepared, can lead to increased anxiety.

High expectations: Having unrealistically high expectations for oneself or feeling immense pressure to meet external expectations can contribute to test anxiety. Fear of falling short of these expectations can trigger anxiety.

Previous negative experiences: Past negative experiences with testing, such as previous poor performance or perceived failure on tests, can create negative associations and increase anxiety in future testing situations.

Cognitive factors: Negative thought patterns, such as excessive worry, self-doubt, or catastrophic thinking about the consequences of test performance, can contribute to test anxiety.

Physiological factors: Test anxiety can also be influenced by physiological factors, such as an individual’s natural stress response, including increased heart rate, sweating, and other physical sensations that can be uncomfortable and contribute to anxiety.

It’s important to note that test anxiety is a common experience and can affect individuals of all ages and academic levels.

Understanding the underlying factors that contribute to test anxiety can help individuals develop effective coping strategies, such as relaxation techniques, cognitive restructuring and time management skills.

Also remember to seek support from teachers, counselors, or other professionals, to manage test anxiety and perform at their best during testing situations.


Health issues or personal challenges

Students facing health issues, personal challenges, or other unforeseen circumstances may find it difficult to focus on their studies, resulting in inadequate preparation and poor exam performance.

When facing health issues while studying, it’s important to prioritize your health and well-being to ensure that you are in the best possible condition to focus and learn.

Here are some strategies that can help you overcome health issues while studying:

Communicate with your healthcare provider: If you’re experiencing health issues that are impacting your ability to study, it’s crucial to communicate with your healthcare provider.

They can provide you with appropriate medical advice, treatment, or accommodations, and help you better understand your condition and how to manage it effectively.

Create a conducive study environment: Make sure your study environment is comfortable, well-lit, and free from distractions.

This can help you minimize additional stress or discomfort while studying and optimize your ability to focus and retain information.

Practice good self-care: Taking care of your physical and mental health is crucial for effective studying. Make sure to get enough sleep, eat well, stay hydrated, and engage in regular physical activity, if possible.

Prioritize self-care activities, such as relaxation techniques, mindfulness, or exercise, to manage stress and boost your overall well-being.

Prioritize and manage your time: When dealing with health issues, it’s important to prioritize your tasks and manage your time effectively.

Create a study schedule that takes into account your health needs, and be realistic about what you can realistically achieve in a given timeframe.

Avoid overloading yourself with too much work, and be flexible in adjusting your study plan as needed based on your health condition.

Seek support: Don’t hesitate to reach out for support from friends, family, classmates, or professors. They may be able to offer assistance, provide notes or study materials, or help you catch up on missed classes or assignments.

If needed, consider talking to a counselor or academic advisor for additional support or accommodations related to your health issues.

Utilize available resources: Many educational institutions offer resources and accommodations for students with health issues. These may include extended deadlines, extra time on exams, or other accommodations to help you succeed in your studies.

Be sure to familiarize yourself with the available resources and communicate with your school or institution about your health condition to explore possible accommodations.

Be kind to yourself: Lastly, remember to be kind to yourself and practice self-compassion. Dealing with health issues while studying can be challenging, and it’s important to be patient with yourself and acknowledge that your health comes first.

Avoid self-blame or negative self-talk and focus on taking steps to manage your health and study to the best of your ability within your limitations.

Remember that everyone’s health journey is unique, and it’s important to prioritize your well-being while studying.

Don’t hesitate to seek support, make adjustments to your study routine as needed, and practice self-care to overcome health issues and succeed in your studies.


Lack of motivation

Lack of motivation or interest in the subject matter can result in decreased effort and poor performance on exams. Students who are not motivated to study or do not see the value in the material may struggle to perform well on exams.

Lack of motivation can be a common challenge that many people face at various points in their lives.

However, there are several strategies that you can try to overcome lack of motivation:

Set clear goals: Having specific and achievable goals can help you stay motivated. Define what you want to achieve and break it down into smaller, manageable steps.

This can make your goals more tangible and easier to work towards.

Find your “why”: Understanding your underlying motivations and reasons for pursuing a particular goal can help reignite your motivation.

Ask yourself why you want to achieve a certain outcome and how it aligns with your values and aspirations.

This can provide you with a sense of purpose and drive.

Create a routine: Establishing a routine can help you build momentum and develop a sense of discipline. Set aside regular time for the tasks or activities you need to do, and stick to a consistent schedule.

This can help you build a habit and make it easier to stay motivated over time.

Break tasks into smaller steps: Large tasks or projects can sometimes feel overwhelming and demotivating. Break them down into smaller, more manageable steps, and focus on completing one step at a time.

Celebrate each small accomplishment along the way, which can help boost your motivation.

Surround yourself with supportive people: Having a support system can make a big difference in your motivation levels. Surround yourself with people who inspire and encourage you, and share your goals and progress with them.

They can provide accountability and support when you need it.

Visualize success: Take time to visualize yourself successfully achieving your goals. Imagine how it would feel and what the benefits would be.

Visualization can help you create a positive mental image and reinforce your motivation.

Take care of yourself: Physical and mental well-being are important factors in motivation. Make sure you’re taking care of your body by getting enough sleep, eating well, and staying physically active.

Additionally, prioritize self-care and manage stress to keep your mental state in a positive place.

Get started: Sometimes, taking that first step is the hardest part. Even if you’re not feeling particularly motivated, just getting started and taking action can help you build momentum and increase your motivation as you see progress.

Remember, motivation can be cyclical and may fluctuate over time. It’s important to be patient with yourself and not be too hard on yourself if you’re experiencing a lack of motivation.

By incorporating some of these strategies into your routine, you can help overcome a lack of motivation and make progress towards your goals.

If you continue to struggle, it may be helpful to seek support from a therapist, counselor, or coach to explore any underlying issues that may be impacting your motivation.


Poor study habits

Ineffective study habits, such as passive reading, lack of note-taking, or failure to review regularly, can result in inadequate understanding of the material and ultimately lead to exam failure.

Overcoming poor study habits can be challenging, but with determination and consistent effort, it is possible to develop better study habits that can improve your academic performance.

Here are some steps you can take:

Identify the root causes: Reflect on why your study habits are poor. Is it due to lack of motivation, time management issues, distractions, or difficulties understanding the material?

Understanding the underlying causes can help you address them more effectively.

Set clear goals: Define specific and achievable study goals. For example, instead of aiming to “study for a few hours,” set a goal like “complete two chapters of the textbook in one hour.”

Having clear goals will help you stay focused and motivated.

Create a study schedule: Plan your study sessions in advance by creating a schedule. Allocate specific time slots for studying and stick to them as much as possible. Avoid procrastination and make studying a priority.

Find a conducive study environment: Choose a quiet and well-lit place for studying where you can concentrate without distractions. Avoid studying in bed or in front of the TV, as these can negatively impact your focus.

Break down tasks: Large tasks can feel overwhelming, so break them down into smaller, manageable chunks. This can make studying feel more manageable and help you make progress step by step.

Use effective study techniques: Experiment with different study techniques, such as summarizing notes, creating flashcards, practicing self-quizzing, or teaching the material to someone else.

Find what works best for you and incorporate those techniques into your study routine.

Manage your time effectively: Time management is crucial for successful studying. Use tools such as timers or productivity apps to stay focused and manage your time efficiently.

Avoid multitasking and prioritize your study time over other non-essential activities.

Seek help when needed: Don’t be afraid to ask for help when you encounter difficulties. Reach out to teachers, classmates, or tutors for clarification or guidance if you are struggling with the material.

Don’t let questions or confusion hinder your progress.

Take care of yourself: Get enough sleep, eat well, and exercise regularly. Taking care of your physical and mental health can improve your focus, concentration, and overall well-being, which in turn can positively impact your study habits.

Stay motivated and persistent: Developing good study habits takes time and effort, so stay motivated and persistent. Remind yourself of your long-term goals, and celebrate small victories along the way.

Don’t give up even if you face setbacks or challenges.

Remember, changing study habits takes time and effort. Be patient with yourself, stay consistent, and keep practicing good study habits. With determination and persistence, you can overcome poor study habits and achieve academic success.


Avoid distractions

External distractions, such as social media, extracurricular activities, or other commitments, can interfere with studying and preparation for exams, resulting in poor performance.

It’s important to note that exam failure does not necessarily define a student’s abilities or potential.

It’s a temporary setback that can be addressed with proper reflection, learning from mistakes, and adopting effective study strategies for future exams. Seeking help from teachers, mentors, or tutors can also be beneficial in improving exam performance.

Ignoring distractions while studying can be challenging, but there are several strategies you can implement to help you stay focused and productive.

Here are some tips:

Create a distraction-free environment: Find a quiet place to study where you won’t be interrupted. Turn off or silence your phone, close unnecessary tabs on your computer, and remove any other potential distractions from your study area.

Use time management techniques: Set a specific study schedule and stick to it. Use techniques like the Pomodoro Technique, where you work for a focused period of time (e.g., 25 minutes) and then take a short break (e.g., 5 minutes).

This can help you maintain concentration and avoid getting overwhelmed.

Prioritize your tasks: Create a to-do list or outline of what you need to study, and prioritize your tasks based on importance and urgency. This can help you stay organized and avoid wasting time on less important activities.

Practice mindfulness: Be aware of your thoughts and emotions while studying, and gently bring your focus back to the task at hand if your mind wanders. Avoid multitasking and try to fully immerse yourself in the material you’re studying.

Use technology to your advantage: While technology can be a distraction, it can also be used to help you stay focused.

There are apps and browser extensions that can block distracting websites or limit your access to certain apps during your study time.

Take regular breaks: Taking short breaks during your study sessions can actually improve your focus and productivity. Use your breaks to relax, stretch, or do something enjoyable, but avoid getting caught up in prolonged distractions.

Practice self-discipline: Ultimately, staying focused and ignoring distractions requires self-discipline. Remind yourself of your goals and the importance of your studies, and resist the urge to give in to distractions.

Remember, staying focused while studying is a skill that takes practice. Be patient with yourself and keep trying different strategies until you find what works best for you.

Overcoming challenges in life can bring about numerous benefits that can positively impact an individual’s personal growth, resilience, and overall well-being.


Some of the key benefits of overcoming challenges include:

Personal growth: Challenges often push individuals out of their comfort zones and provide opportunities for personal growth. They can foster self-awareness, self-reflection, and self-improvement.

By overcoming challenges, individuals can develop new skills, gain valuable experience, and become more confident and resilient.

Increased resilience: Overcoming challenges can help build resilience, which is the ability to bounce back from setbacks and adversity.

Facing and overcoming challenges can strengthen an individual’s mental and emotional resilience, enabling them to better cope with future challenges and stressors.

Expanded horizons: Challenges can provide new perspectives and broaden an individual’s horizons. They can offer opportunities for learning, exploration, and discovery.

Overcoming challenges can push individuals to explore different solutions, think creatively, and develop a broader mindset.

Increased self-efficacy: Overcoming challenges can boost an individual’s sense of self-efficacy, which is the belief in one’s ability to handle difficult situations.

When individuals successfully overcome challenges, they gain confidence in their own capabilities and develop a “can-do” attitude that can carry over to other areas of life.

Achievement and success: Overcoming challenges can lead to a sense of achievement and success. Accomplishing something challenging can be incredibly rewarding and provide a sense of accomplishment and satisfaction.

It can also serve as a motivating factor for taking on new challenges and setting higher goals in the future.

Resilient mindset: Overcoming challenges can shape an individual’s mindset to become more resilient. It can help individuals develop a positive attitude towards obstacles and setbacks, viewing them as opportunities for growth rather than insurmountable barriers.

Enhanced problem-solving skills: Challenges often require individuals to think critically, problem-solve, and make decisions under pressure.

Overcoming challenges can sharpen an individual’s problem-solving skills, equipping them with valuable abilities that can be applied in various aspects of life.

Improved confidence: Successfully overcoming challenges can boost an individual’s self-confidence and self-esteem.

It can provide evidence of their capabilities and strengths, helping them feel more self-assured and capable of handling future challenges.

Greater empathy and compassion: Going through challenges can foster empathy and compassion towards others who may be facing similar difficulties.

It can increase an individual’s understanding and empathy towards others, leading to improved relationships and increased social awareness.

Inspiring others: Overcoming challenges can serve as a source of inspiration for others.

By successfully navigating difficult situations, individuals can serve as role models and motivate others to persevere through their own challenges.

In summary, overcoming challenges in life can bring about numerous benefits, including: personal growth, increased resilience, expanded horizons, improved self-efficacy, achievement and success, a resilient mindset, enhanced problem-solving skills, improved confidence, greater empathy and compassion and the ability to inspire others!

Embracing challenges as opportunities for growth and learning can lead to a more fulfilling and resilient life.



In conclusion, the Financial Risk Manager (FRM) exam offered by the Global Association of Risk Professionals (GARP) is a valuable certification for financial risk professionals.

The certification is globally recognized, covers a comprehensive curriculum of financial risk, is designed to test practical knowledge and skills, helps professionals stay current with the latest developments in the field, and is designed to be challenging.

For these reasons, taking the FRM exam can be a valuable investment for anyone looking to advance their career in risk management.


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