{ "media_type": "text", "post_content": "Partners, What is your opinion on GARP financial Risk Manager (FRM) certificate?\n\nI am considering taking it (as I am FS Risk Consulting), but I am not sure if it really carries benefits. Apparently it is quite a tough study. Is it worth the time or should I invest my time elsewhere? Suggestions on what to focus are greatly appreciated", "post_id": "60b55f0e9fa76e0024e1ac7b", "reply_count": 3, "vote_count": 1, "bowl_id": "5902937c77e26a00105a5bd9", "bowl_name": "Partner One" }

Partners, What is your opinion on GARP financial Risk Manager (FRM) certificate? I am considering taking it (as I am FS Risk Consulting), but I am not sure if it really carries benefits. Apparently it is quite a tough study. Is it worth the time or should I invest my time elsewhere? Suggestions on what to focus are greatly appreciated

like
Posting as :
works at
You are currently posting as works at

I did both CFA and FRM. I get much more utility out of the former - it’s a broader body of knowledge and it means more to clients. As far as level of effort, the FRM was a cake walk compared CFA but I had already passed all three levels of the CFA before taking the FRM….I’m very sure it would’ve been much harder had I not had to cover much of the same material for the CFA. While I sat for and passed both levels of the frm in a single day, I needed every minute of the 4 hours for part 1 and it was quantitatively rigorous. One person’s POV here but FRM only doesn’t lie on the efficient frontier.

like

Thanks for the insight!

FRM is quite quant heavy. Suggest doing it if it’s something that you are truly interested in

like

Related Posts

Have about ~25k sitting in ROTH TSP. Calculators forecast that’ll be worth about north of~200k by the time I hit retirement at an average rate of 10% growth. Would it make more sense to roll it over into employer (Vangaurd) 401k plan to have more buying power of certain funds? Or are the expense fees that good and low in the TSP that I should just keep it in place?

like

What are your top subscription services who send (free) employment law/benefits/hr trend updates?

like

I'm a Tech Risk SC, but have an accounting/finance background. I'm doing the FRM now for broader cert experience, is it worth doing CA long term in my area?

Need some advice, I’m a third year healthcare/corp/M&A associate in Texas from a small firm. Was let go today because of recent hires and not enough billable work. Feel like I should try everything possible to secure another job and still a bit shocked. So if anyone in this bowl has any leads, please let me k ow! TIA!

like

Tracking my NW over the past 3 years, monthly average savings is $2K. This is a mix of pre tax savings (401K,ESPP) and post tax savings (IRA,cash). Is this a good place to be in or need to save more?

like

Seeing some pretty good comps on Glassdoor for Slalom. What’s the pay band / benefits package like for Consultant or Consultant eq specializing in Analytics like?

likehelpful

Anyone start a consultancy on their own? How was it? Looking at my rate, partner pension definitely soaks up all the winnings (not complaining, we are paid well), but I’d like to be the captain of my own ship and take more of the earnings.

like

Hi Recruiters, could you share thoughts on ballpark or range of base/bonus comp for Principal-level benefits consultant at AON/Lockton/Mercer/WTW? 8 years in industry, mid-market clients, based out of DC metro region.

like

How tough is it to break into a FAANG PM role at mid-level if you have less prestigious experience? I have 10+ YOE in product, but some was at a tiny meh startup that fizzled out, some was in the digital wing of a large old healthcare org, and though my current role is GPM at a “name brand” tech company, it’s on the smaller side. Went to a good-but-not-Ivy school. What qualifications and experience are FAANG companies looking for when hiring mid-level PMs? Can I break in at mid-level from here?

like

Is there anyone that has taken the FRM within the last 2 years? Planning to sit for May 2022 Exam. Need some advice, buy books from you, etc

like

My barber just opened up a Coinbase account, so tipped him in Litecoin to show and explain to him the benefits of blockchain and that crypto has more uses than just an investment vehicle.

like

Hello everyone I am looking for opportunities in healthcare consulting companies like Delloite zs bian PWC looking for refferal

like

Former Deloitters at BAH, is the grass really greener? (WLB, culture, benefits) thinking about making the leap. Only concern might be the pay

like

Which is a better career option, CFA or FRM? Is FRM harder than CFA?

like

Born and currently working in Spain as a Credit Risk Management associate staff member (3 yoe + FRM credential). No master. Do you think I could transfer to USA? Any advice? Planning to leave in 1-2y.

like

To men, is it worth taking finasteride and using minoxidil to protect hair fall? Do the benefits outweigh the side effects?

like

Do you typically count 401k match, esop, etc as part of your total comp?

like

Can someone from ACN tell me how the new maternity leave policy works? Contacted HR, read the policy but an confused if you get the 16 weeks plus FMLA, then your PTO if you want to take that.

Thoughts on offer? Experience 6+ YOE in Financial Services Industry Skills MBA, CFA, FRM Currently in Big4 Offer Base 130K SignOn-5K Location New York Firm Non-Big4 Title Senior Associate

like

Additional Posts

$1100 AMEX gift card to give up my seat at Delta hmmm

like

Planning on buying a vacation home and renting it out when I’m not using it. Anyone with Airbnb’s or the like have issues with cleaners/maintenance from afar? It would be a plane ride so hard to check in that things have been done properly.

like

The divi project is being featured more in the media and has legit advisors behind it (ex yahoo and Microsoft employees) The next DASH is coming

like

Does anyone have personal finance/investment book recommendations for teens?

like

Slalom 🐠 any insights on the interview process for the Customer Strategy consultant role?

like

Tim Castree (GroupM NA CEO) announced the creation of GroupM's Diversity, Equity and Inclusion Board today via email. Out of 12, only 4 are women and 1 is POC.

Post Photo
funny

Layoffs - I heard a lot of layoffs at Huron and Studer of Directors and above. Time to jump ship ?

like

Likely going to move to Chicago or NYC next summer (will have 3 years tax experience by then) What can I expect my salary to be if I’m going to Big 4?

like

Is it just me or does ORD need more bars or restaurants that serve alcohol?

like

Anyone in the Raleigh/Durham area hiring consultants? My friend got laid off😭

like

RSM is starting their rounds of layoffs Raleigh, Kansas City, and Atlanta at least have been hit. Anyone heard of others?

like

New to options trading, been following this bowl a while and trying to get educated with courses on options alpha and TD Ameritrade. How many of yall are able to make consistent extra income from options trading? I’m not expecting BC wins but was hoping after some practice for a little side income to make the no raise year a little less painful. Just wondering if it’s more of a gamble then anything except for the exceptional few...

like

Who here has experience using an outside offer to negotiate your pay at Deloitte? I know I’m valued (off cycle raise/retention bonus in addition to market adjustment coming)… but still 30 - 40k underpaid compared to what I’m seeing in the market. I like Deloitte and the work I do so I’d like to try and make it work, but know I need to play hard ball to see action. Would really appreciate advice and or tips for this process!

like

Ok sos I need to start retirement savings ASAP. 401k or Roth IRA?

like

What is Capgemini Invent like for a BA? Is the work life balance and culture okay?

like

Im weighing two options with former managers that I worked with. Option 1: $114k (paycut from current salary); manager role overseeing a team of 7; great manager and work life balance /// option 2: $150k + bonus ; director role working with market leadership team so lots of visibility and if I do well can grow into more things. Work life balance should not be more than 50-60 hours a week but it was with a former micromanaging boss. I also have a toddler with most of the responsibilities

like

The dumbest of all questions, but bare with me I am a youngin. Any money I invest in a 401K, what exactly does it get invested in? Can I pick stocks from that money or no? I use vanguard.

like

Passport expiring in December this year. Need to transfer my h1b to the new employer that I just got the job offer from. Will there be an issue with USCIS because of this? Also, I moved out and I am currently living with a friend in another state which gets covered under a different Indian consulate. So I do not have any residence proof which will be needed by the Indian consulate to issue a new passport. Is there a way out of this mess?

like

Working on an op model project where we keep hearing feedback (from multiple people) that one of the client leaders (one of our client team members) is super difficult to work with. I feel like we cannot ignore the feedback (i.e., we should either talk to him or his boss and convey how the team feels) but the partner on my project feels it’s not our mandate… Thoughts?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal