Here is the 16-lesson plan i.e. the sequence of readings to be followed in finRGB’s preparation course for FRM® Exam Part I (2024 administrations). All readings mentioned below refer to the official FRM Books (FRM: Foundations of Risk Management, QA: Quantitative Analysis, FMP: Financial Markets and Products, VRM: Valuation and Risk Models).
Click any lesson’s name to expand:
Lesson 1: Derivatives Markets (4 Readings)
Lesson 2: Probability and Statistics (I) (3 Readings)
Lesson 3: Probability and Statistics (II) (3 Readings)
Lesson 4: Regression, Time Series & Machine Learning (I) (4 Readings)
Lesson 5: Regression, Time Series & Machine Learning (II) (4 Readings)
Lesson 6: Fixed Income (Introduction) (4 Readings)
Lesson 7: Portfolio Theory, Misc. (4 Readings)
Lesson 8: Investing in Bonds (4 Readings)
Lesson 9: Futures, Forwards and their Applications (4 Readings)
Lesson 10: Interest Rate Risk (4 Readings)
Lesson 11: Options(I): Products and Strategies (4 Readings)
Lesson 12: Options(II): Valuation and Risk Management (4 Readings)
Lesson 13: Financial Institutions and Risk Management (4 Readings)
Lesson 14: Risk Management in Banks + Failures (4 Readings)
Lesson 15: Market Risk, Stress Testing (4 Readings)
Lesson 16: Credit Risk, Operational Risk (4 Readings)
- [FMP-4] Introduction to Derivatives
- [FMP-5] Exchanges and OTC Markets
- [FMP-6] Central Clearing
- [FMP-7] Futures Markets
- [QA-1] Fundamentals of Probability
- [QA-2] Random Variables
- [QA-3] Common Univariate Random Variables
- [QA-4] Multivariate Random Variables
- [QA-5] Sample Moments
- [QA-6] Hypothesis Testing
- [QA-7] Linear Regression
- [QA-8] Regression with Multiple Explanatory Variables
- [QA-9] Regression Diagnostics
- [QA-10] Stationary Time Series
- [QA-11] Nonstationary Time Series
- [QA-12] Measuring Return, Volatility and Correlation
- [QA-14] Machine-Learning Methods
- [QA-15] Machine Learning and Prediction
- [VRM-9] Pricing Conventions, Discounting, and Arbitrage
- [VRM-10] Interest Rates
- [VRM-11] Bond Yields and Return Calculations
- [FMP-16] Properties of Interest Rates
- [FRM-5] Modern Portfolio Theory (MPT) and the Capital Asset Pricing Model (CAPM)
- [FRM-6] Multifactor Models of Risk-Adjusted Asset Returns
- [FRM-1] The Building Blocks of Risk Management
- [FRM-11] GARP Code of Conduct
- [FMP-17] Corporate Bonds
- [FMP-18] Mortgages and Mortgage Backed Securities
- [VRM-4] External and Internal Ratings
- [VRM-5] Country Risk
- [FMP-8] Using Futures for Hedging
- [FMP-10] Pricing Financial Forwards and Futures
- [FMP-11] Commodity Forwards and Futures
- [FMP-9] Foreign Exchange Markets
- [VRM-12] Applying Duration, Convexity and DVO1
- [VRM-13] Modeling and Hedging Non-parallel Term Structure Shifts
- [FMP-19] Interest Rate Futures
- [FMP-20] Swaps
- [FMP-12] Options Markets
- [FMP-13] Properties of Options
- [FMP-14] Trading Strategies
- [FMP-15] Exotic Options
- [VRM-14] Binomial Trees
- [VRM-15] The Black-Scholes-Merton Model
- [VRM-16] The Greek Letters
- [QA-13] Simulation and Bootstrapping
- [FRM-2] How Do Firms Manage Financial Risk?
- [FMP-1] Banks
- [FMP-2] Insurance Companies and Pension Plans
- [FMP-3] Fund Management
- [FRM-3] The Governance of Risk Management
- [FRM-8] Enterprise Risk Management and Future Trends
- [FRM-9] Learning from Financial Disasters
- [FRM-10] Anatomy of the Great Financial Crisis of 2007-09
- [VRM-1] Measures of Financial Risk
- [VRM-2] Calculating and Applying VaR
- [VRM-3] Measuring and Monitoring Volatility
- [VRM-8] Stress Testing
- [VRM-6] Credit Risk and Capital Modeling
- [FRM-4] Credit Risk Transfer Mechanisms
- [VRM-7] Operational Risk
- [FRM-7] Risk Data Aggregation and Reporting Principles
Please follow the link below for more details about the FRM Exam Part I preparation course: