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What is the total cost for GARP 2016-FRR

The cost is 450 USD for non-members. This includes the cost of developing and administering your 2016-FRR, as well as the cost of the study materials you receive. But for the members of GARP, the examination fee is only 350USD. So all the members of GARP can enjoy an early bird discount.

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The average salary of the GARP 2016-FRR certified

A certified GARP 2016-FRR professional can earn more compared to others, by preparing with the help of 2016-FRR exam dumps. The average salary for a certified GARP 2016-FRR professional is given as follow:

  • In the United States: $80,000 - 130,000.
  • In the United Kingdom: £55,000 - £75,000.
  • In Australia: AU 110,000 - 155,000.
  • In India: ₹ 100,000 - 200,000.
  • In Singapore: S 80,000 - 130,000.

GARP 2016-FRR Exam Syllabus Topics:

TopicDetails
Topic 1
  • Asset and Liability Management: This section of the exam measures skills of a Treasury and ALM Specialist and covers asset and liability management frameworks, interest rate risk in the banking book, liquidity risk management, capital management, and non-trading market risks. It explains the roles of ALCO, treasury operations, Basel III liquidity measures, and management of funding risks.
Topic 2
  • Operational Risk Management: This section of the exam measures skills of an Operational Risk Manager and covers the principles of operational risk management. It discusses operational risk identification, measurement, mitigation, monitoring, reporting, and the importance of governance frameworks such as the three lines of defense, along with loss data collection and scenario analysis.
Topic 3
  • Credit Risk Management: This section of the exam measures skills of a Credit Risk Analyst and covers the assessment of credit risk, credit products risks, portfolio credit risk management, and the regulatory view of credit risk. It explains expected and unexpected losses, credit models, Basel Accords, credit default swaps, credit scoring, and stress testing credit exposures.
Topic 4
  • Market Risk Management: This section of the exam measures skills of a Market Risk Analyst and covers the fundamentals of market risks across foreign exchange, interest rates, equities, and commodities. It explains market risk measurement tools like VaR and expected shortfall, examines trading strategies, market risk reporting, and the impact of Basel III on market risk.

Reference: https://www.garp.org/courses/financial-risk-and-regulation

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