FRM Online Course · Part 1 & Part 2

FRM Exam Prep for Part 1 and Part 2

Prepare with structured online lessons, practice resources and tutor support. One Learnsignal FRM subscription covers the complete Part 1 and Part 2 learning journey.

2

Exam parts

10

Syllabus areas

4 hrs

Each exam

240

Average study hours

FRM exam preparation

One online FRM course. Both exam parts.

Effective FRM exam prep should do more than give you a large library of material. It should provide a clear route through the syllabus, explain difficult risk concepts, give you regular opportunities to practise and help you stay focused on the exam you are preparing for.

Learnsignal keeps the full FRM learning journey together. One paid subscription gives you access to structured online learning for FRM Part 1 and Part 2, supported by video lessons, study resources, practice questions and tutor support. Your practice sits inside your student account alongside the course, rather than on a separate public question page.

Part 1 builds the tools used to assess financial risk through Foundations of Risk Management, Quantitative Analysis, Financial Markets and Products, and Valuation and Risk Models. Part 2 moves into application across market risk, credit risk, operational risk and resilience, liquidity and treasury risk, risk management and investment management, and current issues in financial markets.

The exams are different, so your preparation should be different too. Part 1 rewards strong concepts, formula knowledge and calculation practice across 100 multiple-choice questions. Part 2 has 80 multiple-choice questions and places more emphasis on applying the Part 1 toolkit to realistic risk-management decisions. Compare FRM Part 1 and Part 2 before choosing your first study target.

GARP offers the exams in May, August and November and reports that candidates spend about 240 hours preparing on average, although the right study time depends on your background. Use our 2026 FRM exam dates guide to choose a window, then work backwards to create a realistic weekly plan.

When comparing the best FRM exam prep courses, look beyond headline content counts. Check whether the course covers the part you need, puts practice inside the learning journey, supports questions when you get stuck and gives you access for the length of your study plan. Learnsignal combines both parts in one subscription so you can revise Part 1 foundations while preparing for Part 2 without buying a second course.

FRM career paths

Build skills for specialist risk roles.

FRM preparation develops the technical language and applied knowledge used across banking, financial institutions, investment firms, consulting and regulation.

Market & credit

Risk analysis and management

Build knowledge for roles involving market exposure, counterparty risk, credit analysis, stress testing and risk measurement.

Operations

Operational risk and resilience

Understand governance, controls, model risk, technology risk and the resilience expected across financial institutions.

Liquidity & treasury

Treasury and balance-sheet risk

Connect liquidity, funding and asset-liability concepts to practical treasury and risk-management decisions.

Investment risk

Portfolio and investment risk

Apply risk measures, portfolio concepts and performance analysis in asset-management and investment-risk settings.

Inside the course

A complete FRM preparation journey.

01

Part 1 foundations

Develop the quantitative, markets, valuation and risk-model knowledge needed for the first exam.

02

Part 2 application

Apply the Part 1 toolkit across market, credit, operational, liquidity, treasury and investment risk.

03

Student practice questions

Practise inside your account as part of the subscription rather than relying on a separate public question page.

04

Clear study structure

Work through the syllabus in an organised sequence and keep your preparation tied to your chosen exam window.

05

Flexible plan options

Select the access period and support level that fit your timeline on the FRM pricing page.

06

Tutor support

Get help with difficult concepts and calculations while you move through the course.

Why Learnsignal

FRM exam prep built around how you study.

Complete Part 1 and Part 2 access

Move between both FRM exam parts with one subscription instead of buying two separate courses.

Structured online lessons

Follow a clear learning route through the FRM syllabus rather than deciding what to study next on your own.

Practice inside your course

Use student practice questions alongside the lessons so learning, application and review stay connected.

Tutor support

Ask for help when a formula, model or risk concept is holding up your progress.

Flexible study access

Choose a plan that fits your exam window and study at the time and pace that work for you.

One continuous learning journey

Revisit Part 1 foundations while studying Part 2 without changing platforms or purchasing another course.

2026 FRM syllabus

Prepare for FRM Part 1 and Part 2.

Reviews

What our students say.

FRM course FAQs

FRM exam prep questions, answered.

What is included in the Learnsignal FRM exam prep course?+

The paid FRM subscription covers Part 1 and Part 2 learning in one place, with structured online lessons, study resources, student practice questions and tutor support.

Does one subscription cover both FRM Part 1 and Part 2?+

Yes. Learnsignal includes the complete Part 1 and Part 2 learning journey in one FRM subscription, so you can move between both parts without buying a second course.

Can I buy only FRM Part 1 or Part 2?+

No. Part 1 and Part 2 are included together in the full FRM subscription rather than sold as separate Learnsignal products.

Are FRM practice questions included?+

Yes. Practice questions are included for students inside the Learnsignal subscription and are available after login alongside the course content.

Is the Learnsignal FRM course online and self-paced?+

Yes. The course is delivered online so you can organise your study around work, other commitments and your selected exam window.

How long should I study for the FRM exam?+

GARP reports that candidates spend about 240 hours preparing on average, but the range is wide. Your plan should account for your quantitative background, professional experience, exam part and time available each week.

What subjects are covered in FRM Part 1 and Part 2?+

Part 1 covers foundations, quantitative analysis, financial markets and products, and valuation and risk models. Part 2 covers market, credit, operational, liquidity and treasury, investment risk, and current issues.

When are the FRM exams offered?+

GARP offers Part 1 and Part 2 exam windows in May, August and November. Registration and scheduling deadlines vary, so confirm the current dates before building your study plan.

Who is FRM exam preparation suitable for?+

FRM is suited to candidates targeting or working in market risk, credit risk, operational risk, liquidity, treasury, model validation, investment risk, regulation or risk consulting.

Is there a free FRM course tier?+

No. Learnsignal FRM is currently offered as a paid subscription. Practice questions and the complete learning journey sit behind login for subscribed students.

Get started

Choose your FRM exam prep plan.

Get complete Part 1 and Part 2 access, structured online learning, student practice questions and tutor support in one subscription.

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