Yes, passing FRM Level 1 can enhance your ability to get an internship, but it is not a certainty. Here’s why it will help and what you need to think about otherwise:

How FRM Level 1 Helps:

1. Signal of Commitment: Passing Level 1 indicates that you’re serious about risk management and have a solid grasp of financial risk concepts.
   
2. Competitive Edge: IIt distinguishes you from the other applicants, particularly for risk management, investment banking, or financial analysis roles.

But Here’s the Reality:

• Internships Prioritize Practical Skills: Most internships seek applicants who are able to work with data, create models, or conduct analytical exercises..
  
• Limited Leverage with Just Level 1: Passing Level 1 shows knowledge but doesn’t necessarily demonstrate hands-on experience.
  

To Improve Your Chances:

• Learn Excel, SQL, or Python: Basic knowledge of these tools can make a significant difference. Interns tend to work with data analysis, build models, and create reports—abilities that demand technical expertise..
  
• Work on Mini-Projects: Build simple risk models or data-set analysis in Excel or Python to demonstrate real-world application of your knowledge.
  
• Target the Right Roles:  Pursue internships in risk management, credit analysis, financial modeling, and research positions where FRM knowledge applies directly.
  

Networking Matters:

• Leverage LinkedIn: Connect with industry professionals and indicate interest in internships.
  
• Attend Webinars/Conferences: Several companies seek excited candidates who interact with the industry beyond the classroom.
  

In short, FRM Level 1 is an excellent place to begin, but combined with some hands-on experience and networking, your prospects for a good internship will significantly increase.