FRM Exam Dates 2026: Windows, Deadlines & Schedule

The FRM exams are held in May, August and November. For 2026, Part I runs on 9–15 May, 7–8 August and 14–20 November. Part II runs on 16–19 May, 7–8 August and 21–25 November. As of 11 August 2026, the next FRM examination window is November: standard registration closes on 30 September and candidates must schedule their appointment by 24 October.

FRM exam dates 2026

GARP’s 2026 schedule contains three administrations. May and August have passed; November is the remaining exam window.

Dates and deadlines can change, so confirm your administration on GARP’s official FRM exam logistics page before booking travel or study leave.

Next FRM exam: November 2026

The next available administration is November 2026. Part I and Part II have separate testing windows:

• Part I: 14–20 November 2026
• Part II: 21–25 November 2026
• Standard registration deadline: 30 September 2026
• Scheduling deadline: 24 October 2026

GARP states that its deadlines close at 11:59 pm Eastern Time. Registering and scheduling are two different steps, so paying the registration fee alone does not reserve your test centre, date and time.

FRM registration deadlines and fees

For the November 2026 administration, standard registration is open until 30 September. The current standard registration fee is USD 800 per exam part, before applicable taxes. New Part I candidates also pay GARP’s one-time USD 400 enrollment fee. GARP notes that fees can change, so check the official fees page before paying.

Registration vs scheduling: you must complete both

Registration means selecting an exam part and administration and paying the relevant fee. Scheduling happens afterwards in your GARP account and is where you choose the available location, date and time.

This distinction is easy to miss. If you register but do not schedule, you do not have a confirmed appointment. GARP says seats are available on a first-come, first-served basis, so candidates who need a particular location should schedule early rather than waiting for the October deadline.

What does the FRM examination involve?

The Financial Risk Manager qualification has two computer-based multiple-choice exams. Each lasts four hours.

See our FRM Part I vs Part II guide for the full syllabus and format comparison.

Can you take FRM Part I and Part II together?

GARP allows candidates to register for both parts in the same administration. In August 2026, the timetable placed Part I in the morning and Part II in the afternoon on the same dates. In May and November, the Part II window followed the Part I window.

There is an important condition: if you fail or do not attend Part I, GARP will not grade your Part II exam from that administration. Sitting both parts together compresses roughly two substantial syllabuses into one preparation cycle, so it only makes sense if you have enough time to prepare properly for both.

Where are FRM exams held?

FRM exams are delivered through computer-based testing centres. Candidates in China Mainland, Hong Kong SAR China and Thailand schedule through ATA; candidates in other locations use PSI. You must choose your exam month on the provider’s site to see relevant test centres and appointment availability.

Test-centre seats are first come, first served. Registering early does not guarantee a particular centre unless you also complete the scheduling step.

When are FRM results released?

GARP says results are available in the candidate portal within eight weeks after the exam window closes. Candidates receive a pass/fail result and quartile information comparing their performance with other candidates.

For context on recent outcomes, see the latest FRM Part I and Part II pass rates.

How to plan your study around an exam window

GARP’s candidate survey found an average of approximately 240 study hours, although individual preparation ranged from under 100 to more than 400 hours. Work backwards from your scheduled appointment, not simply from the first day of the published window.

• 16 weeks available: 240 hours averages 15 hours per week.
• 12 weeks available: 240 hours averages 20 hours per week.
• 8 weeks available: 240 hours averages 30 hours per week and leaves little margin for disruption.

Reserve the final weeks for timed mixed questions, full mocks and review of weak areas. Learnsignal FRM students have structured learning and practice questions inside their subscription, keeping the practice journey behind login rather than splitting it into a separate public product.

Explore the Learnsignal FRM course to see how preparation for Part I and Part II is organised.

After the exams: completing the FRM certification

Passing both exams is not the final certification step. You must pass Part II by 31 December of the fourth year after passing Part I, then submit two years of relevant full-time financial risk management work experience. GARP currently allows candidates up to 10 years after passing Part II to submit that experience.

Our FRM certification guide explains the full route from registration to using the designation.

Frequently asked questions

How often is the FRM exam held?

GARP offers Part I and Part II in May, August and November, giving candidates three administrations each year.

What is the next FRM exam date?

As of 11 August 2026, the next administration is November. Part I runs from 14–20 November and Part II from 21–25 November.

When does registration close for November 2026?

Standard registration closes on 30 September 2026 at 11:59 pm Eastern Time. The appointment scheduling deadline is 24 October.

Can I take both FRM exams in one administration?

Yes. However, Part II will not be graded if you fail or do not attend Part I. Check the dates carefully because the timetable differs by administration.

How long is each FRM exam?

Both parts allow four hours. Part I contains 100 equally weighted multiple-choice questions; Part II contains 80.

Can I change my FRM exam location?

Yes, subject to availability. For the November 2026 administration, 24 October is the last date to select or change the exam site.

Can I defer my FRM exam?

GARP permits one switch to the next available administration for a fee. For November 2026, the deferral deadline is 30 September and the current fee is USD 250.

Where should I confirm the dates?

Use GARP’s official exam logistics page and your candidate portal. Those are the authoritative sources for live dates, deadlines, test-centre availability and appointment details.

Bottom line: the next FRM examination is in November 2026, with Part I on 14–20 November and Part II on 21–25 November. Register by 30 September, schedule by 24 October and confirm the live details with GARP.