# FRM Part II: deadline and readiness checklist

Use this when you have passed, or are about to sit, FRM Part I. Every rule below is GARP's, from its
FRM Exam Policies, Program and Exams, Fees and Payments and FAQ pages, read on 20 October 2026.
Check your own GARP account before you rely on any date.

## Your clock

- [ ] Date you passed Part I: ____________
- [ ] Your Part II deadline as your GARP account shows it (the rule: pass Part II by December 31 of the
      4th year of passing Part I): ____________
- [ ] The exam window you are aiming for (May, August or November): ____________
- [ ] Early registration opening date for that window, from GARP's Fees and Payments page: ____________
- [ ] If you plan to sit both parts in one window: only August allows both on the same day, and if you
      fail or miss Part I, your Part II is not graded

## Your study plan, sized to the weights

- [ ] Market Risk Measurement and Management (20%): hours planned ______
- [ ] Credit Risk Measurement and Management (20%): hours planned ______
- [ ] Operational Risk and Resilience (20%): hours planned ______
- [ ] Liquidity and Treasury Risk Measurement and Management (15%): hours planned ______
- [ ] Risk Management and Investment Management (15%): hours planned ______
- [ ] Current Issues in Financial Markets (10%): this year's readings downloaded from GARP (online only)

## Exam day

- [ ] An authorized calculator: HP 12C (including the Platinum and Prestige editions), HP 10B II, HP 10BII+,
      HP 20B, or Texas Instruments BA II Plus (including the Professional)
- [ ] Phone fully off and stored (airplane mode is not enough)
- [ ] Pace: 80 questions in 4 hours is 3 minutes a question on average

## After you pass

- [ ] Two years of full-time work where identifying, measuring, monitoring or managing risk is a
      meaningful part of the job (internships, part-time jobs and work done during school do not count)
- [ ] A description of your role in managing financial risk, at least 4 to 5 sentences, ready to submit
      in your GARP account
- [ ] Do not use "FRM" after your name until GARP has certified you
- [ ] Once certified: 40 CPD credits every two years, which GARP encourages