Option 1 - FRM® Part 2: Online Program
• Full set of notes covering all the LOS’s - 2025 • Full set of videos on the entire syllabus – 2025 • Q-bank - 2025 • Formula sheet – 2025
FRM PII - Introduction - 2025
FRM PII - INTRODUCTION - 2025
FRM PII - Syllabus - 2025
MR 1 - Estimating Market Risk Measures: An Introduction and Overview - NOTES
MR 1 and 2 - VIDEO (watch till 1:33:27)
MR 1 - Q-BANK
MR 2 - Non-parametric Approaches - NOTES
MR 2 - Q-BANK
MR 3 - Parametric Approaches II: Extreme Value - NOTES
MR 3 - VIDEO
MR 3 - Q-BANK
MR 4 - Backtesting - NOTES
MR 4 and 5 - VIDEO (watch from 1:33:27)
MR 4 - Q-BANK
MR 5 - VaR Mapping - NOTES
MR 5 - Q-BANK
MR 6 - Validating Bank Holding Companies' VaR Models for Market Risk - NOTES
MR 6 - VIDEO
MR 6 - Q-BANK
MR 7 - Methods for Backtesting the Entire Forecasting Distribution using PITs - NOTES
MR 7 - VIDEO
MR 7 - Q-BANK
MR 8 - Correlation Basics: Definitions, Applications, and Terminology - NOTES
MR 8 and 9 - VIDEO (watch from 40:07)
MR 8 - Q-BANK
MR 9 - Empirical Properties of Correlation - NOTES
MR 9 - Q-BANK
MR 10 - Financial Correlation Modelling - Bottom Up Approaches - NOTES
MR 10, 11 and 12 - VIDEO
MR 10 - Q-BANK
MR 11 - Regression Hedging and PCA - NOTES
MR 11 - Q-BANK
MR 12 - Arbitrage Pricing with Term Structure Models - NOTES
MR 12 - Q-BANK
MR 13 - Expectations, Risk Premium, Convexity, and the Shape of the Term Structure - NOTES
MR 13, 14, 15 and 17 - VIDEO
MR 13 - Q-BANK
MR 14 - The Art of Term Structure Models: Drift - NOTES
MR 14 - Q-BANK
MR 15 - The Art of Term Structure Models: Volatility and Distribution - NOTES
MR 15 - Q-BANK
MR 16 - The Vasicek and Gauss+ Models - NOTES
MR 16 - VIDEO
MR 16 - Q-BANK
MR 17 - Volatility Smiles - NOTES
MR 17 - Q-BANK
MR 18 - Fundamental Review of the Trading Book - NOTES
MR 18 - VIDEO
MR 18 - Q-BANK
BOOK 1 - FORMULA SHEET - 2025
CR 1 - Fundamentals of Credit Risk - NOTES
CR 1 - VIDEO
CR 1 - Q-Bank
CR 2 - Governance - NOTES
CR 2 - VIDEO
CR 2 - Q-Bank
CR 3 - Capital Risk Management - NOTES
CR 3 - VIDEO
CR 3 - Q-Bank
CR 4 - Capital Structure in Banks - NOTES
CR 4- VIDEO
CR 4 - Q-Bank
CR 5 - Introduction to Credit Risk Modeling and Assessment - NOTES
CR 5 - VIDEO
CR 5 - Q-Bank
CR 6 - Credit Scoring and Rating - NOTES
CR 6 - VIDEO
CR 6 - Q-Bank
CR 7 - Credit Scoring and Retail Credit Risk Management - NOTES
CR 7 - VIDEO
CR 7 - Q-Bank
CR 8 - Country Risk: Determinants, Measures, and Implication - NOTES
CR 8 - VIDEO
CR 8 - Q-Bank
CR 9 - Estimating Default Probabilities - NOTES
CR 9 - VIDEO
CR 9 - Q-Bank
CR 10 - Credit Value at Risk - NOTES
CR 10 - VIDEO
CR 10 - Q-Bank
CR 11 - Portfolio Credit Risk - NOTES
CR 11 - VIDEO
CR 11 - Q-Bank
CR 12 - Credit Risk - NOTES
CR 12 - VIDEO
CR 12 - Q-Bank
CR 13 - Credit Derivatives - NOTES
CR 13 - VIDEO
CR 13 - Q-Bank
CR 14 - Derivatives - NOTES
CR 14 - VIDEO
CR 14 - Q-Bank
CR 15 - Counterparty Risk and Beyond - NOTES
CR 15 - VIDEO
CR 15 - Q-Bank
CR 16 - Netting, Close-out and Related Aspects - NOTES
CR 16 - VIDEO
CR 16 - Q-Bank
CR 17 - Margin Collateral and Settlement - NOTES
CR 17 - VIDEO
CR 17 - Q-Bank
CR 18 - Central Clearing - NOTES
CR 18 - VIDEO
CR 18 - Q-Bank
CR 19 - Future Value and Exposure - NOTES
CR 19 - VIDEO
CR 19 - Q-Bank
CR 20 - CVA - NOTES
CR 20 - VIDEO
CR 20 - Q-Bank
CR 21 - The Evolution of Stress Testing Counterparty Exposures - NOTES
CR 21 - VIDEO
CR 21 - Q-Bank
CR 22 - Structured Credit Risk - NOTES
CR 22 - VIDEO
CR 22 - Q-Bank
CR 23 - An Introduction to Securitization - NOTES
CR 23 - VIDEO
CR 23 - Q-Bank
BOOK 2 - FORMULA SHEET - 2025
ORR 1 - Introduction to Operational Risk and Resilience - NOTES
ORR 1 - VIDEO
ORR 1 - Q-Bank
ORR 2 - Risk Governance - NOTES
ORR 2 - VIDEO
ORR 2 - Q-Bank
ORR 3 - Risk Identification - NOTES
ORR 3 - VIDEO
ORR 3 - Q-Bank
ORR 4 - Risk Measurement and Assessment - NOTES
ORR 4 - VIDEO
ORR 4 - Q-Bank
ORR 5 - Risk Mitigation - NOTES
ORR - 5 - VIDEO
ORR 5 - Q-Bank
ORR 6 - Risk Reporting - NOTES
ORR 6 - VIDEO
ORR 6 - Q-Bank
ORR 7 - Integrated Risk Management - NOTES
ORR 7 - VIDEO
ORR 7 - Q-Bank
ORR 8 - Cyber-Resilience: Range of Practices - NOTES
ORR 8 - VIDEO
ORR 8 - Q-Bank
ORR 9 - Case Study: Cyberthreats and Information Security Risks - NOTES
ORR 9 - VIDEO
ORR 9 - CASE STUDY - NOTES
ORR 10 - Sound Management of Risks Related to Money Laundering and Financing of Terrorism - NOTES
ORR 10 - VIDEO
ORR 10 - Q-Bank
ORR 11 - Case Study: Financial Crime and Fraud - NOTES
ORR 11 - VIDEO
ORR 11 - CASE STUDY - NOTES
ORR 12 - Guidance on Managing Outsourcing Risk - NOTES
ORR 12 - VIDEO
ORR 12 - Q-Bank
ORR 13 - Case Study: Third-Party Risk Management - NOTES
ORR 13 - VIDEO
ORR 13 - CASE STUDY - NOTES
ORR 14 - Case Study: Investor Protection and Compliance Risks in Investment Activities - NOTES
ORR 14 - VIDEO
ORR 14 - CASE STUDY - NOTES
ORR 15 - Supervisory Guidance on Model Risk Management - NOTES
ORR 15 - VIDEO
ORR 15 - Q-Bank
ORR 16 - Case Study: Model Risk and Model Variation - NOTES
ORR 16 - VIDEO
ORR 16 - CASE STUDY - NOTES
ORR 17 - Stress Testing Banks - NOTES
ORR 17 - VIDEO
ORR 17 - Q-Bank
ORR 18 - Risk Capital Attribution and Risk-Adjusted Performance Measurement - NOTES
ORR 18 - VIDEO
ORR 18 - Q-Bank
ORR 19 - Range of Practices and Issues in Economic Capital Frameworks - NOTES
ORR 19 - VIDEO
ORR 19 - Q-Bank
ORR 20 - Capital Planning at Large Bank Holding Companies - NOTES
ORR 20 - VIDEO
ORR 20 - Q-Bank
ORR 21 - Capital Regulation Before the Global Financial Crisis - NOTES
ORR 21 - VIDEO
ORR 21 - Q-Bank
ORR 22 - Solvency, Liquidity and Other Regulation After the Global Financial Crisis - NOTES
ORR 22 - VIDEO
ORR 22 - Q-Bank
ORR 23 - High-Level Summary of Basel III Reforms - NOTES
ORR 23 - VIDEO
ORR 23 - Q-Bank
ORR 24 - Basel III: Finalizing Post-Crisis Reforms - NOTES
ORR 24 - VIDEO
ORR 24 - Q-Bank
BOOK 3 - FORMULA SHEET - 2025
LTR 1 - Liquidity Risk - NOTES
LTR 1 - VIDEO
LTR 1 - Q-Bank
LTR 2 - Liquidity and Leverage - NOTES
LTR 2 - VIDEO
LTR 2 - Q-Bank
LTR 3 - Early Warning Indicators - NOTES
LTR 3 - VIDEO
LTR 3 - Q-Bank
LTR 4 - The Investment Function in Financial Services Management - NOTES
LTR 4 - VIDEO
LTR 4 - Q-Bank
LTR 5 - Liquidity and Reserves Management: Strategies and Policies - NOTES
LTR 5 - VIDEO
LTR 5 - Q-Bank
LTR 6 - Intraday Liquidity Risk Management - NOTES
LTR 6 - VIDEO
LTR 6 - Q-Bank
LTR 7 - Monitoring Liquidity - NOTES
LTR 7 - VIDEO
LTR 7 - Q-Bank
LTR 8 - The Failure Mechanics of Dealer Banks - NOTES
LTR 8 - VIDEO
LTR 8 - Q-Bank
LTR 9 - Liquidity Stress Testing - NOTES
LTR 9 - VIDEO
LTR 9 - Q-Bank
LTR 10 - Liquidity Risk Reporting and Stress Testing - NOTES
LTR 10 - VIDEO
LTR 10 - Q-Bank
LTR 11 - Contingency Funding Planning - NOTES
LTR - 11 - VIDEO
LTR 11 - Q-Bank
LTR 12 - Managing and Pricing Deposit Services - NOTES
LTR 12 - VIDEO
LTR 12 - Q-Bank
LTR 13 - Managing Non-deposit Liabilities - NOTES
LTR 13 - VIDEO
LTR 13 - Q-Bank
LTR 14 - Repurchase Agreements and Financing - NOTES
LTR 14 - VIDEO
LTR 14 - Q-Bank
LTR 15 - Liquidity Transfer Pricing - NOTES
LTR 15 - VIDEO
LTR 15 - Q-Bank
LTR 16 - The US Dollar Shortage - NOTES
LTR 16 - VIDEO
LTR 16 - Q-Bank
LTR 17 - Covered Interest Parity Lost - NOTES
LTR 17 - VIDEO
LTR 17 - Q-Bank
LTR 18 - Risk Management for Changing Interest Rates - NOTES
LTR 18 - VIDEO
LTR 18 - Q-Bank
LTR 19 - Illiquid Assets - NOTES
LTR 19 - VIDEO
LTR 19 - Q-Bank
BOOK 4 - FORMULA SHEET - 2025
IM 1 - Factor Theory - NOTES
IM 1 - VIDEO
IM 1 - Q-Bank
IM 2- Factors - NOTES
IM 2 - VIDEO
IM 2 - Q-Bank
IM 3 - Alpha - NOTES
IM 3 - VIDEO
IM 3 - Q-Bank
IM 4 - Portfolio Construction - NOTES
IM 4 - VIDEO
IM 4 - Q-Bank
IM 5 - Portfolio Risk: Analytical Methods - NOTES
IM 5 - VIDEO
IM 5 - Q-Bank
IM 6 - VaR and Risk Budgeting in Investment Management - NOTES
IM 6 - VIDEO
IM 6 - Q-Bank
IM 7 - Risk Monitoring and Performance Measurement - NOTES
IM 7 - VIDEO
IM 7 - Q-Bank
IM 8 - Portfolio Performance Evaluation - NOTES
IM 8 - VIDEO
IM 8 - Q-Bank
IM 9 - Hedge Funds - NOTES
IM 9 - VIDEO
IM 9 - Q-Bank
IM 10 - Performing Due Diligence on Specific Managers and Funds - NOTES
IM 10 - VIDEO
IM 10 - Q-Bank
IM 11 - Predicting Fraud by Investment Managers - NOTES
IM 11 - VIDEO
IM 11 - Q-Bank
BOOK 5 - FORMULA SHEET - 2025