This June, I sat for CFA level 2 and must say that I find CFA more difficult because of the more qualitative and broader nature. However, when it comes to the risk manager examinations, you can get a similar qualification by sitting for the Professional Risk Manager (PRM) exam. This, as you will have specific career opportunities in risk management for the financial industry. Although the course structure of CFA is lengthier and takes much more time to prepare. On the part of CFA certification, the program entails three levels of exams. Towards the end of the course, you will get access to fifteen hours of summarized course content that will help you adequately prepare for the examination. You are also required to have four years of related CFA work experience to receive certification.  Â. You can expect that your questions will be complex and drawn from various topics in the course syllabus.  Â. You'll find FRM much easier than CFA. If you want to work for a hedge fund, CFA is the way to go, for a retail broker, CFP. I have just sat for CFA L2. There are numerous certifications you can pursue to climb the financial ladder towards commanding a higher salary and position. Two of the most recognized professional certifications in the financial industry the world over are FRM and CFA. More people fail Part I than pass it, and barely half of those who take Part II pass it. To receive the designation, one must complete the two-part exams that are held in May and November. This course includes free access to webinars on Risk Management subjects. Only 43% of CFA test takers pass … It has only one level to clear. Candidates who have done both CFA & FRM usually state that FRM is comparatively more difficult as the questions in FRM are all application based as there is very little theory in FRM. Another point that throttles the whole argument deals with that … The exams are offered in the English language. However, for level 2 and level 3 exams, you will not be required to pay an enrollment fee. Could you please tell me the difficulty level, amount of syllabus of FRM L2 compared with FRM L1 and CFA L2. You must have at least a 4-year bachelor degree and in most cases, 150 credit hours (equivalent to 5 years of higher education) to sit for the exam. FRM salaries are relatively high and include roles in risk management or assessment. Two of the most recognized professional certifications in the financial industry the world over are FRM and CFA. These are concurrently held in more than 160 locations within the world. As a result, only 25 percent of those who register for the exam end up passing both parts. The CAIA designation focuses on alternative assets, which include hedge funds, venture capital, private equity, commodities, real estate investments, and structured products. The CFA charter requires knowledge and expertise in a much broader range of financial analysis topics, such as portfolio management, economics, reporting, quantitative analysis, and more. Looking for Frm Vs Cfa Difficulty… I recall with fondness at the easier days when I was preparing for , The pleasantness of that memory can undoubtedly be associated to fond memories. CFA exams are given once a year, you need to go through three levels, and the failure rate is very high. Many professionals struggle to choose which one to pursu… The examination is split between two sessions; one during the morning and another in the afternoon. The CFA® Program covers more on financial analysis, ethics, asset valuation and portfolio management, whereas FRM covers more topics on risk, valuation at risk, models of risk, credit risk and so on. CFP vs CFA – the CFA Financial Analysts. However, FRM certification opens you up to jobs in Risk Management in banks, insurance companies and related environments. 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