Things to Remember After Failing Your FRM Exam

Estimated reading time: 4 minutes

 

Introduction

If you already have a job, taking certification courses can be a great way to get promotions and command higher salaries. This push tells your employer (and prospective employers) that you are hardworking, knowledgeable, and an authority in your field.

This challenge is the top certification for risk professionals. It is in high demand worldwide and can open up many new opportunities for you.

Unfortunately, many persons experience failing this challenge each year. This may be because of nervousness, poor preparation, or even health problems.

Now, anyone can fail, and it happens to nearly 50% of first-time students in this particular course. If you fall in this category, there is no need to panic. You have the option to retake the examination.

Here some things to consider and a few things you can do.

 

You are not the only one

You must accept that you are not the first person to fail the challenge. You may feel like your entire world is crashing in on you, but wallowing in shame and regret is not the best way to handle this situation.

Remember that failing does not mean that you are incapable of passing.

You need to pick yourself up, dust yourself off and make a new plan for passing. Bear in mind that if you spend too much time stressing about failing, it will not change anything.

Accept that you were not the only person who did not pass. And remind yourself that you can retake it and do better the next time around.

 

Share it with someone

You are doing a challenging course. If you fail, you should talk to someone. Pick a colleague, a close friend, or a family member and tell them about how it is making you feel.

Try to be very honest, and you will find that you will feel better about yourself. It is much easier to get depressed about failure if you do not talk to anyone about it.

Persons can help you learn how to cope and also help you re-focus on your options.

 

Failure as motivation

Instead of seeing this event as the end of your career, use it to motivate yourself to do better. Bear in mind that not doing well does not mean that you are not smart.

As mentioned above, you may have failed due to nerves, health issues, or even poor preparation. Just use this scenario to challenge yourself to do better.

Remind yourself that failing will not become an obstacle that prevents you from achieving your dreams.

Do not let self-pity drag you down and affect your performance during the next try. You can remind yourself that you do not want to feel this bad again, which will challenge you to study harder.

 

Do not play the blame game

It is always easy to blame other people. You may want to convince yourself that the material was ineffective, your friends kept asking you to go out, or your boss gave you too much work.

A mark of maturity is accepting responsibility for your actions and outcomes.

For example, choosing to go out when you should have been studying will hold you back- are you willing to accept this? If you do this, you will also be able to identify the real reasons for your failure.

In case you were nervous, ask yourself what could have made you so anxious during the sitting. Often, if you are not confident about your preparation, you may become uneasy.

Take your time and think about the events leading up to that test-day and be honest with yourself. Having a realistic view of events is a great way to ensure that you will perform better next time.

 

Consider your options

It is essential to think about your options after getting your results. You can do a re-sit or plan to do extra studies before attempting again. It is also crucial to think about how much this will cost- both in dollars and time.

Do not rush to retake the examination if you do not have adequate time to study. This will only put more pressure on you.

Bear in mind that you can retake these tests if you do not do well. And, if you do not want to do a retake immediately, you can wait a few months and then make your final decision.

 

Value the effort put in

People sometimes fail even when they have studied very hard. If you did your best, focus on the effort, not the results. You worked hard even though things did not work out in your favor…this time.

You can also think about the knowledge you gained about your course work and yourself. Besides, you will know which methods work for you when you do a retake.

The idea is to focus on the positives and what you have gained during that time.

 

Just let it go

Constantly holding on to something negative today can affect future performance. You will have a serious problem, as all you will see is your past failure.

The best thing to do is to let it go and start afresh. Holding on to it will affect your self-esteem and confidence, which will affect your performance in future assessments.

Let it go.

Failing does not mean that you are not intelligent; many people fail. The important thing is learning from the mistakes and becoming better.

 

Thank you!

Thanks for reading once more and be sure to try the following links for more help:

 

Be positive and don’t stop,

The QuestionBank Family