The FRM Exam is a pencil and paper multiple choice exam given in two parts. It is offered exclusively in English, twice a year in May and November, in person at approximately 90 Exam sites around the world. This approach ensures that there is fairness and consistency for all candidates globally.
　　DURATION
　　Each part of the FRM Exam is four hours long. Part I consists of 100 multiple choice questions and Part II contains 80 multiple choice questions. Part I is offered in the morning session and Part II in the afternoon session of each Exam administration.
　　SCORING
　　There are no penalties for incorrect answers. Candidates must pass Part I of the FRM Exam in order to have Part II graded. The passing score is determined by the FRM Committee.
　　CALCULATORS
　　Only GARP-approved calculators are permitted to be used at the FRM Exam. To review GARP's calculator policy, click here.
　　RESULTS
　　Exam results are pass/fail and are released via email approximately six weeks after the Exam is administered. Candidates are provided with quartile results that enable them to see how they scored on specific areas relative to other candidates.
　　
　　
　　高顿网校特别提醒：已经报名2013年FRM考试的考生可按照复习计划有效进行！另外，高顿网校2013年FRM考试辅导高清课程已经开通，通过针对性地讲解、训练、答疑、模考，对学习过程进行全程跟踪、分析、指导，可以帮助考生全面提升备考效果。
　　报考指南：2013年FRM考试备考指南
　　考前冲刺：FRM备考秘籍
　　高清网课：FRM考试网络课程