Estimated reading time: 2 minutes
Introduction
Hi everyone, we continue our look at some of the Frequently Asked Questions (FAQ) within the FRM course offered by GARP.
It’s always good to read through these, as you can learn a lot of new things and this sort of information may help you to avoid some of the pitfalls that others have experienced.
For part 1, please click here.
For part 2, please click here.
For part 3, please click here.
Examination deferrals
Some students may face unforeseen circumstances and would need to defer their examinations. Thankfully, GARP does have allow for this, but you should know a few things here:
Students will have to pay a special deferral fee in order to have this processed. Be sure to check out the GARP website for the very latest in costing. Also, this fee is non-refundable- even if the student sits for the original date.
Once you have exercised your right to a deferral once, you will not be able to do it another time! So, we encourage you to think very carefully about this option and only do it unless it is absolutely necessary.
Deferrals are done to the next examination period (and not randomly chosen or selected by the student). Again, be careful about exercising this option as you don’t want to end up in a worse situation.
You may engage the deferral action online through your ‘my-programs’ section in the student portal.
You can also cancel a deferral (for an additional fee).
Getting study materials free of cost
All candidates should note that paying for the exam registration is a completely separate matter from actually getting the relevant study materials.
You must also pay for those relevant study materials separately. It’s always good to factor-in the total costs of these programs before attempting to sign up.
You may also need consider the cost of receiving help from third-party providers, such as ourselves.
The hours of study
We get that candidates would like to have a straight answer here in order to exactly know how many hours are necessary to do well.
But the painful truth is that everyone is completely different when it comes to understanding and learning.
Additionally, we all have varying levels of experience when it comes to these things, so it is really difficult to give one precise answer that will satisfy everyone.
Some experts however have put the needed study time between 200 and 300 hours for each level. Of course, this may be longer for some and shorter for others.
To err of the side of caution, we say aim for about 300 hours and allocate your time accordingly.
It’s better to be safe than sorry, right?
Thank you!
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