If you are in the final month before your FRM Part 1 exam, this is the most critical phase of your preparation.
By now, you have likely covered most topics at least once — or are racing to complete the syllabus. The next few weeks will decide how comfortably you clear the exam.

This guide lays out a step-by-step, very practical strategy for the last month — drawing on years of seeing what works best for hundreds of successful candidates.

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🧭 Why your last month strategy matters so much

Unlike earlier phases of your preparation, the final month is not about finishing more topics — it’s about:

• Converting your study into exam-ready speed and accuracy
• Internalizing formulas and methods so you don’t freeze on exam day
• Training your brain to handle 100 questions in 4 hours without panic
  

The FRM is a tough exam, with unpredictable weightage. Even topics that usually have low weight can get 8-10 questions in some exam sessions. That’s why revising everything is non-negotiable, and theory becomes very important.

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📊 How to divide your time: The 70-30 principle

✅ 70% on theory revision:
The last few years of FRM Part 1 exams have shown a strong tilt toward theory-based conceptual questions.
So spend most of your time reading PDFs and your detailed notes.

• Go over each chapter again and again.
• Pay special attention to weaker areas — do not just keep revising your favorite topics.
  

✅ 30% on questions:
This includes:

• End-of-chapter problems
• Short quizzes
• Practice sets from question banks
  

Each time you solve, note where you slip up. Is it remembering a formula? A subtle concept? Write it down and revise it that very day.

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📝 Why taking at least 4-5 full mocks is crucial

Mocks are what shift your mind from “studying” to “exam performance mode.”

• Start taking full 100-question, 4-hour mocks roughly 3 weeks before your exam.
• Space them out so you can spend a day after each mock just analyzing mistakes and re-reading those topics.
• Your last mock should be no closer than 4-5 days before the exam to allow your mind to freshen up.
  

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🚀 Consider taking 15 days off from work

This is one of the biggest accelerators. If you can take leave from your job in the final 15 days, do it.

• You’ll have long, uninterrupted blocks to revise thoroughly and simulate the exam environment.
• It drastically reduces work stress that can otherwise eat into your study energy.

Many candidates who secure FRM in the first attempt attribute a sharp rise in daily study hours in these last two weeks to their success.

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😴 Sleep is your secret weapon

Sounds obvious, right? But many candidates wreck their final days by sleeping 4-5 hours.

• Memory consolidation happens in deep sleep. If you’re learning complex quantitative relationships, you need your brain well rested.
• Practice sleeping and waking up exactly as per your exam day schedule in the last week.
  

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🎯 Other focused revision strategies

✅ Understand, don’t memorize:
Formulas stick much longer if you understand why they look that way. The FRM loves to test logic — if you can reason it out, you’re less likely to forget.

✅ Use multiple resources:
If you’re using GARP books, supplement them with Schweser or Bionic Turtle for additional questions. For many, Schweser is easier to revise from.
(For MidhaFin students — your PDFs + class notes + question bank already build this multi-angle approach.)

✅ Calculator proficiency:
Know your financial calculator like the back of your hand.

• For most, the Texas Instruments BA II Plus is standard.
• Be able to input N, I/Y, PV, PMT, FV almost without looking.
  Efficient usage of the calculator has the potential to save 10-12 minutes because precious seconds are saved in every numerical question. A question can often be solved using the calculator in a much shorter time by one method and take far longer by another. So knowing your calculator inside out, and choosing the quickest approach, can make a real difference on exam day.
  

✅ Time your practice:
Do small sets under timed conditions. For example, 10 questions in 12 minutes. Builds speed and pressure handling.

✅ Mark your formula traps:
As you revise, keep a dedicated sheet of formulas you tend to forget or confuse. Revise this daily.

✅ Shuffle topics:
Avoid studying similar topics back to back (e.g., don’t do Bonds and then Interest Rate Futures) — shuffle to keep your brain alert.

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🔥 Specific notes for MidhaFin students

If you are enrolled with us at MidhaFin:

✅ Follow your CSP (Custom Study Plan) strictly.
That plan already balances theory + questions + mocks.

✅ Use the crash course & quick revision videos.
In the last 15 days, many find it easier to watch our short revision videos than re-read PDFs. It cements things fast.

✅ Join the doubt groups actively.
If a concept is bugging you, do not hesitate. Ping your query immediately.

✅ Watch the LMS strategy videos.
There is a special recording on how to attempt the paper — when to skip, how to come back, how to pace yourself across 4 hours.

✅ Make full use of the MidhaFin Module Wise Formula Sheets.
They have been curated in a very comprehensive manner, to give you all important formulas at one place for quick revision.

✅ Solve the GARP Sample Paper Questions we have provided.
These are a collection of last 15 years’ sample paper questions, neatly segregated module wise and also organized year wise for your convenience. A very user friendly way to test your understanding.

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🎯 Last week checklist

• ✅ Wind down heavy studying 3 days before the exam.
• ✅ Just revise your error notes and formula sheets.
• ✅ Keep your exam day kit ready: calculator, admission ticket, ID, extra batteries.
• ✅ Sleep on time.
  

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💬 Final thoughts

The last month is about intelligent repetition, not frantic new learning.

• Focus more on reading PDFs, re-watching quick concept videos, and doing targeted question practice.
• Take enough mocks so you feel the real paper is just another practice set.
• Most importantly, keep your stress under control. A calm mind will outperform hours of extra study if you’re panicked.
  

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🚀 Want extra structured help?

If you’re not already enrolled with us, check out our Free FRM Part 1 Crash Course here – https://edu.midhafin.com/courses/FRM-Part-1-Crash-Course
It has:

• Short concept videos
  
• Sample PDFs
  
• Practice questions
  

Perfect for a last lap boost.

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✅ You can do this.

Thousands of candidates — many from non-finance backgrounds, many working long hours — clear FRM through smart, disciplined self-study.
If you stay consistent and keep your revision balanced, you’ll walk into that exam hall with confidence.