Overview
The FRM® certificate has been adopted by companies as a benchmark to ensure their risk management employees are well versed with the latest financial risk concepts. The FRM® certificate program aims to train risk professionals who are qualified to provide competent advice based on globally accepted industry standards and committed to personal professional development.
KORNERSTONE is the No.1 FRM® training provider in Hong Kong in terms of its number of candidates trained for over 18 years (Listed on the official GARP website).
GARP does not endorse, promote, review or warrant the accuracy of the products or services offered by KORNERSTONE Institute of GARP Exam related information, nor does it endorse any pass rates that may be claimed by KORNERSTONE Institute. Further, GARP is not responsible for any fees or costs paid by the user to KORNERSTONE Institute nor is GARP responsible for any fees or costs of any person or entity providing any services to KORNERSTONE Institute. ERP®, FRM®, GARP® and Global Association of Risk ProfessionalsTM, in standard character and/or stylized form, are trademarks owned by the Global Association of Risk Professionals, Inc.
Private in-house training
Apart from public, instructor-led classes, we also offer private in-house trainings of this program for organizations. Call us at +852 2116 3328 or email us at [email protected] for more details.
Why Choose KORNERSTONE
- KORNERSTONE is the No.1 FRM® training provider in Hong Kong in terms of its number of candidates trained for over 18 years (Listed on the Official GARP website)
- Top Trainers – Over 25 Years of Experience in official FRM Training
Satisfaction Rate# : 9.6/10 - High Passing Rate (Part I : 81.3% ; Part II: 92.8%)
- Guaranteed passing scheme for members
- CEF Reimbursable^ (For Part I program)
#Survey of KORNERSTONE students, 2019-2023
* For KORNERSTONE members only
^ Continuing Education Fund
Course Title: Foundation Certificate in Financial Practices
Course Code: 33C159600
(i) This course has been included in the list of reimbursable courses under the Continuing Education Fund
(ii) This course / The mother course (Title of Qualification) of this module is recognised under the Qualifications Framework (QF Level 2)

About The Certification
- FRM® is awarded by Global Association of Risk Professionals, GARP
- GARP is a not-for-profit independent association of close to 150,000 risk management practitioners and researchers representing banks, investment management firms, government agencies, academic institutions, and corporations from more than 195 countries worldwide
- Currently, there are over 80,000 FRMs worldwide represented in banks, government agencies, regulatory bodies, investment boutiques and exchanges. 90% of FRM® candidates would recommend it to others
- In May/August 2023, the passing rate for FRM® Part I is 47% and 51% for FRM® Part II examination
- GARP official website: http://www.garp.org
Skills Covered
- Quantify and manage market, credit, and operational risk exposures
- Apply advanced quantitative methods to risk measurement and modelling
- Address liquidity, treasury, and investment portfolio risks
- Stay informed on emerging issues shaping global financial markets
- Build integrated risk frameworks that support regulatory compliance
Chartered Requirements
- A passing score on the FRM® examination (Both Part I and Part II in 4 years)
- Active membership of the Global Association of Risk Professionals
- A minimum of two years of work experience* in the area of financial risk management or any other related field including, but not limited to, trading, portfolio management, academic or industry research, economics, auditing, risk consulting and/or risk technology
* For those who do not have sufficient work experience may submit their 2 years of work experience within 5 years upon passing the FRM® examination
Target Audience
This program is designed for risk professionals, financial analysts, and investment managers who identify and manage financial risks. It is ideal for those seeking to validate their expertise in market risk, credit risk, operational risk, and risk modelling across global financial institutions.
Training Highlights
- 93 hours of instructor-led training
(FRM® Part I: 45 hours, FRM® Part II: 48 hours) - Blended-learning mode (Live Training, Video Catch-up and Facebook Study Group)
- Study package approved by GARP, including learning objectives, question bank by topics, practice exam and reference readings
- Real case sharing will be adopted in class to enable practical application of financial risk management knowledge
- Free re-sitting for those who fail the FRM® exam with 80% of attendance or above (on a first-come first-served basis)
Training Outlines
FRM® Part I
- Foundations of Risk Management
- Quantitative Analysis
- Financial Markets and Products
- Valuation and Risk Models
FRM® Part II
- Market Risk Measurement and Management
- Credit Risk Measurement and Management
- Operational Risk and Resiliency
- Liquidity and Treasury Risk Measurement and Management
- Risk Management and Investment Management
- Current Issues in Financial Markets
Dates & Locations
August 20, 2026 - October 31, 2026
August 20, 2026 - October 31, 2026
August 27, 2026 - October 22, 2026

Examination Highlights
FRM® Part I
- 4-hour examination
- 100 multiple-choice questions
FRM® Part II
- 4-hour examination
- 80 multiple-choice questions
Exam Window in 2026
May
Part I: May 9 – May 15, 2026
Part II: May 16 – May 19, 2026
Aug
Part I: August 7 – August 8, 2026
Part II: August 7 – August 8, 2026
Nov
Part I: November 14 – November 20, 2026
Part II: November 21 – November 25, 2026
Trainer for this course
Mr. J Tsang
FRM®, CWM®, CFA®, CPA
- Master of Laws in Corporate and Financial Law
- Over 20 years risk management experience with the Big 4 accounting firm, regulatory bodies, commercial banks and fund house
Dr. F Lau
FRM®, CFA®
- Ph.D. in Finance (dynamic relationship between Hang Seng Index, Hang Seng Index Futures, Tracker Fund and the index constituents)
- Seasoned Risk Manager
- Over 20 years experience in quantitative analytics, portfolio management, MIS, regulatory reporting and business process reengineering for retail, wholesale and investment banking






