PRM exam

MonteCristo2 · Post by **MonteCristo2** » Wed Jun 22, 2011 10:25 pm

Hi all,

Is there some persons who have already passed the PRM exam ? how much time does it take in average per exam ?

Thank you

blackstormcap · Post by **blackstormcap** » Fri Aug 12, 2011 9:45 am

i spent 1 week

pj · Post by pj » Fri Aug 12, 2011 10:03 am

> i spent 1 week

And were you successful?

blackstormcap · Post by **blackstormcap** » Fri Aug 12, 2011 11:33 am

yes, i knew the stuff already, time mostly spent on reviewing the math and risk models

Hansi · Post by **Hansi** » Fri Aug 12, 2011 1:42 pm

General time frames I've heard from people that have finished them is 2-4 weeks per level 1-3 and only a day or two for level 4.

enright · Post by **enright** » Tue Oct 11, 2011 4:50 pm

Can anyone offer comparison between the PRM exam and those offered by GARP (FRM/ERP)? Which carries more weight in the field? Is there much overlap in subject matter?

aaron · Post by **aaron** » Fri Oct 14, 2011 12:31 am

PRM is more academic and is easier to take. FRM requires more practical experience and is harder to take (one in-person session per year).

PRM tells people you're reasonably smart and know basic risk and financial math. FRM tells people you have a working knowledge of practical risk management. Either one tells people you've made an investment in the field.

LaurenV29 · Post by **LaurenV29** » Thu Dec 01, 2011 7:44 pm

I'm rather late in responding but anyway...Aaron is spot on. If you're going to invest any amount of time and energy, put the extra time in for FRM - it carries more weight on a CV and you'll actually benefit from it assuming you're working in risk or trying to. Are you 100% set on risk? It's certainly an indication of committment... I'll be taking it next year. Le sigh.

enright · Post by **enright** » Wed Jan 04, 2012 4:25 pm

Just passed GARP ERP exam. Asness want to hire any other Rand fans, Aaron?