Finance

FRM

FRM (Financial Risk Manager)

Checked tests
6
Test groups
1
Pattern
2026
Student preparing with an online FRM mock test
Free practice · syllabus-checked

Practice by test group

FRM mock tests

View all tests →

Study and plan

FRM resources

Verified overview

About FRM

FRM (Financial Risk Manager) is a Finance exam with 20 questions worth 20 marks in 48 minutes, split across Probability and Distributions (10 questions, 10 marks), Regression and Estimation (10 questions, 10 marks). There is no negative marking, and an unanswered question scores zero. TakeMockTest currently offers 6 syllabus-checked practice tests for FRM. Pattern checked against the official source on 15 August 2026.

Frequently asked questions

What is FRM?

FRM stands for FRM (Financial Risk Manager) and is an entrance examination in the Finance group. It is a single-stage Part I: Quantitative Analysis paper.

What is the FRM exam pattern?

FRM has 20 questions worth 20 marks in 48 minutes, covering Probability and Distributions (10 questions, 10 marks), Regression and Estimation (10 questions, 10 marks).

Is there negative marking in FRM?

No. FRM has no negative marking, and an unanswered question scores zero.

Is this FRM pattern up to date?

The figures on this page describe the FRM pattern for the 2026 cycle and were last checked on 15 August 2026, against the source linked on this page. It is marked official, meaning the primary document was read directly.

Does this mock test cover the official FRM syllabus?

The FRM tests here are built to the sections the official pattern names (Probability and Distributions, Regression and Estimation), and each is checked against that pattern before it is published. Granular topic labels beneath those sections are a TakeMockTest preparation map, not an official subtopic list, unless stated otherwise.