Many financial and operational problems are caused by weak company risk management. Therefore, it is important to understand how significant risk management is to business professionals.
Financial Risk Manager (FRM) is a prestigious professional designation for those working in the financial industry and risk management. In early 2009, GARP (Global Association of Risk Professionals), the FRM examination committee, changed the exam format dramatically. The title of FRM® , which had been easily obtained by passing a single examination, became harder to get when a two exam format was adopted in 2010.
FRM is considered a global benchmark for risk management capability. First given in 1997, its extraordinary progress attracted over 8000 FRM® exam participants in 2007.
The program was created to prepare FRM exam candidates for both tests. Aside from that, by registering at BINUS FRM Training, the candidates have a chance to increase their career opportunities and networking. It’s a great chance to carry out their earnest purpose, which is nurturing the country through education and delivering the nation’s pioneers. Ricky Ichsan CFA, FRM, CFP, ERMCP, CFOS, CRMP was one speaker on the regular talk show entitled “Executive Briefing FRM” which was held on Thursday (16/01/14 ) at BINUS Senayan Campus – The Joseph Wibowo Center.
According to Ricky, FRM is a relatively new subject, but with the phenomenon just starting out, it is a good opportunity for training participants. Even further, Ricky realized that the subject most often discussed during FRM was the banking industry. But Ricky expressed his hope that whatever industry a company is a part of, it would eventually focus on the market demand. In other words, a company will have to confront every risk that particular company encounters.
“FRM is a very important role within a company because every company, whatever their business may be, will concentrate on the market demand which in turn will go in line with risk. So, this is an opportunity for them to show what they’ve got,” said Ricky. (KF)
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