Foundations of Risk Management
The exam weight for FoRM is 20%. There are 11 chapters in the 2025 syllabus.
FRM-5
Modern Portfolio Theory and Capital Asset Pricing Model
FRM-6
The Arbitrage Pricing Theory and Multifactor Models of Risk and Return
FRM-7
Principles for Effective Data Aggregation and Risk Reporting
FRM-8
Enterprise Risk Management and Future Trends
FRM-9
Learning From Financial Disasters
FRM-10
Anatomy of the Great Financial Crisis of 2007-2009
FRM-11
GARP Code of Conduct