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Financial Risk Manager (FRM®) FRM Fees and Payments

View our pricing breakdown, learn about team registration, and get other key payment information.

Exam Pricing
  • FRM Exam Part I   
    May 10-16, 2025

    Early Registration

    Opens December 1

    USD 600

    Standard Registration

    Opens February 1

    USD 800
    FRM Exam Part II   
    May 17-20, 2025

    Early Registration

    Opens December 1

    USD 600

    Standard Registration

    Opens February 1

    USD 800
  • FRM Exam Part I   
    August 8-9, 2025

    Early Registration

    Opens March 1

    USD 600

    Standard Registration

    Opens May 1

    USD 800
    FRM Exam Part II   
    August 8-9, 2025

    Early Registration

    Opens March 1

    USD 600

    Standard Registration

    Opens May 1

    USD 800
  • FRM Exam Part I   
    Nov. 8-14, 2025

    Early Registration

    Opens May 1

    USD 600

    Standard Registration

    Opens August 1

    USD 800
    FRM Exam Part II   
    Nov. 15-19, 2025

    Early Registration

    Opens May 1

    USD 600

    Standard Registration

    Opens August 1

    USD 800
FRM Exam Part I   
May 10-16, 2025

Early Registration

Opens December 1

USD 600

Standard Registration

Opens February 1

USD 800
FRM Exam Part II   
May 17-20, 2025

Early Registration

Opens December 1

USD 600

Standard Registration

Opens February 1

USD 800
FRM Exam Part I   
August 8-9, 2025

Early Registration

Opens March 1

USD 600

Standard Registration

Opens May 1

USD 800
FRM Exam Part II   
August 8-9, 2025

Early Registration

Opens March 1

USD 600

Standard Registration

Opens May 1

USD 800
FRM Exam Part I   
Nov. 8-14, 2025

Early Registration

Opens May 1

USD 600

Standard Registration

Opens August 1

USD 800
FRM Exam Part II   
Nov. 15-19, 2025

Early Registration

Opens May 1

USD 600

Standard Registration

Opens August 1

USD 800
Enrollment Fee for New Candidates USD 400

All candidates new to the FRM Program are required to pay a one-time enrollment fee upon registering for their Part I Exam. For additional information about enrollment, please visit our FAQs section.

Enrollment Fee for New Candidates USD 400

All candidates new to the FRM Program are required to pay a one-time enrollment fee upon registering for their Part I Exam. For additional information about enrollment, please visit our FAQ section.

Team Registration

Take advantage of an opportunity to elevate risk management throughout your whole organization. Find out more about the benefits of registering as a team.

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payment-details

Payment Details

For your exam registration to be considered complete, payment must be received by GARP by 11:59 pm EST on the closing date of each registration period.

Candidates can pay for their exam registration via:

  • Credit Card: GARP accepts MasterCard, Visa, Amex, and Discover.

  • ePay: GARP accepts Alipay.

  • Wire: All wire payments will include a USD 50 processing fee added to your invoice. Please reference your GARP ID and Invoice Number when sending your payment. Full instructions can be found at the bottom of your invoice.

  • ACH: All ACH payments will include a USD 50 processing fee added to your invoice. Please reference your GARP ID and Invoice Number when sending your payment. Full instructions can be found at the bottom of your invoice.

Note: All fees are subject to change.

Ready to take the next step toward Certification?

Registration for the May 2025 FRM Exam opens on December 1. 

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