Pursuing the FRM certification right after completing your 12th grade is not an easy commitment as the curriculum is a bit complex and may not be in line with whatever you have learnt till now.  Typically, FRM candidates have some level of work experience in finance or a related field. Here are some points to consider:

Educational Background

Even though it is possible to start FRM preparation right after 12th grade, pursuing an undergraduate degree in finance, economics, or a related field first can provide a strong foundation, which makes the FRM material more understandable.

FRM exams demand knowledge of basic finance and statistics concepts, which are easier to grasp after university education than through self-study.

Industry Insights

Gaining practical experience in finance is invaluable. Internships or part-time jobs in financial institutions can provide real-world insights and context for theoretical knowledge. Focus on improving your grades, securing a good university placement, and working diligently to land a good job. Certifications enhance your CV but won’t be as beneficial if your academic and professional background isn’t strong, so make sure you work hard on your grades during college.

Additionally, you might struggle to gain the required work experience promptly, potentially needing to retake the exams.

If You Still Want to Start Preparing Immediately After 12th

Considering the above, if you still aim to begin FRM right after your class 12 board exams, focus solely on Part 1 preparation for now. Having a preparation window of at least one full year is advisable if you’re diving into FRM straight after class 12. This extended timeframe allows room for the various engagements that typically come along during that year, such as sorting out college admissions and adjusting to the shift from school to college. Taking it slow initially can be more beneficial in such circumstances. Initially, you might not know if you’ll work in Risk Management right after college. 

Make sure you focus on your college studies and do well there. While studying for FRM Part 1, give your best in college too. Don’t neglect your college work while preparing for FRM. Review the FRM Part 1 study material diligently, but do not register for the exam immediately. Instead, dedicate a year to thoroughly study and absorb the content. After a year of dedicated studying, you’ll better gauge if the FRM course aligns with your interests at a younger age. Also, you’ll be able to understand the difficulty level of the course and make a better judgment about when to register for the exams. You might explore other fields or do internships before securing a full-time job.

By the time you take the Part 1 exam, you’ll likely have completed your first year in college. For Part 2, it’s better to wait until you finish college, get a job, or join a post-graduate program. According to the rules, you have to pass Part 2 by the end of the fourth year after Part 1. To get certified, you need to show two years of work experience within five years of passing Part 2. If you miss this, you might have to retake the exams. So planning has to be smartly done.

Support and Coaching

We are GARP Authorized Training Providers for the FRM Exams. You can contact us on WhatsApp at +91 91551 99555, and we can share some free resources to help you out. Additionally, you can join discussion forums for additional support: Study Groups.

Feel free to visit our website MidhaFin for more information, and do not hesitate to contact us for any queries.

Even if you enroll in our paid programs or not, we are always ready to provide free counseling and support to address all your queries.

Conclusion

Pursuing the FRM certification right after 12th grade is a bold move that requires careful planning and dedication. Building a strong educational foundation, gaining industry insights through internships, and preparing diligently can set you on the right path. Utilize available resources, seek support, and ensure a balanced approach to your college and FRM studies to achieve success in your financial risk management career.