Wuhan FRM talent policy, students who haven't taken the exam should hurry up!

The Wuhan Municipal People's Government issued the Notice on Printing and Distributing Several Supporting Policies for Accelerating the Construction of Regional Financial Centers in Wuhan. The document stipulates that those who have worked full-time in Wuhan's financial system for two years after obtaining the qualification certificate of Financial Risk Manager (FRM) will be given a one-time reward according to the standard of 20,000 yuan per person.

Is frm suitable for college students?

Frm certificate is suitable for college students. There is a great time advantage for college students to prepare for the FRM exam, which has no academic qualifications and professional requirements. College students can prepare for the FRM exam and pass the two-level exam before graduation.

Because frm exam is an international exam, college students should have a certain foundation in English. There is no certificate requirement for English proficiency, but CET-4 is enough.

What do you need for frm exam?

1, with a certain level of English.

According to GARP official introduction, FRM test paper uses American English. Slang and other confusing phrases will be avoided as much as possible in the test paper.

Generally speaking, as long as you have CET-4 or above, you can successfully prepare for FRM (note: CET-4 and CET-6 certificates are not required). FRM test is not about grammar, as long as you can read the test questions and teaching materials fluently, it is important to master professional financial vocabulary and knowledge and make a good knowledge reserve.

2. Have a certain mathematical foundation.

According to GARP, the financial FRM exam has the same mathematical difficulty as the undergraduate or junior graduate financial courses in most universities. The FRM exam mainly involves the content of probability statistics, and candidates need to take a make-up exam. It is also important to remember the remaining FRM promotional forms.

What position is the FRM holder suitable for?

1, fund manager-private equity direction

By the end of March 2007, China Asset Management Association had registered private fund managers 18596. The future of private placement is also relatively clear. With the introduction of a number of policies and regulations, the private equity industry has also ushered in new opportunities for standardized development.

In terms of talents, private fund managers need to have fund qualification, which makes the long-neglected fund qualification certificate widely concerned. If you get the FRM certificate, you have taken a big step forward on the road to becoming a fund manager.

2. Consumer finance talents-the direction of Internet finance

In recent years, internet finance has developed rapidly, among which consumer finance has become the focus of attention of financial companies.

The global economy has ushered in the era of consumer economy. Virtual financial services are too suitable for the development of the Internet, especially the third-party payment business. Consumer finance has also become a competitive field for various institutions in the past two years, and there is a shortage of talents in the industry.

In China, talents who really understand Internet finance are scarce. Many Internet finance companies have dug up many traditional financial institutions, but there are not many experiences for reference. They are all middle-level jobs with good development prospects and are extremely scarce.

3. Financial Risk Analyst-Market Risk Direction

The news of default, non-performing assets and investment failure in the media is actually that risk management is not done well, especially in the unpredictable market. It is particularly important to do a good job in risk management.

Financial risk analyst, whose duties include establishing market risk and regulatory reporting framework in investment banks, corporate banks, intermediate transactions and derivatives transactions. Of course, due to China's increasing emphasis on financial risk management and the lack of risk management talents, the risk department has always been a hot field, but this position is a relatively junior position-it requires 1-2 years of work experience-and knowledge of stocks, bonds and derivatives.