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Financial Risk Manager (FRM)

Level 1– June 2010

Don’t let risks overwhelm you; Become certified to manage them
Developers for Training and Consultancy (DTC), in partnership with the Institute for Financial
Analysts-IFA (Lebanon), is proud to introduce exclusively and for the first time in Egypt the
reputable international professional certification: Financial Risk Manager (FRM) accredited by
the Global Association of Risk Professionals (GARP) in UK.

What is the FRM? About the providing body

Global recognition and respect for the FRM designation is The Institute for Financial Analysts-IFA, Lebanon is a
dramatically growing. FRM is certified by The Global Asso- firm specialized in training courses for professional des-
ciation of Risk Professionals (GARP). GARP is an independ- ignations, and seminars for business decision makers.
ent non-partisan international association, committed to the IFA offers preparatory courses for Financial Risk Man-
Risk Management profession. GARP was founded in 1996. ager in Lebanon, Kuwait, Qatar, Saudi Arabia, UAE,
In 2008, GARP had about 100,000 members from 167 coun- Bahrain, Jordon and now in Egypt, in association with
tries and 116% increase in membership since 2005. The FRM Developers for Training and Consultancy.
emphasizes the body of knowledge required of a professional
risk manager to cope with current and future risk manage-
ment challenges. FRM covers, in detail, basic financial in-
struments, markets and concepts, and risk measurement using What will you learn?
Value at Risk (VaR) and other techniques. FRM also covers
financial risk management implementation issues and con- • Foundation of risk management
cepts. FRM program is designed to allow immediate applica- • Financial markets and products
tion of learning to daily activities. • Quantitative methods
• Valuation and risk models
This course is especially designed for • Market risk measurement and management
• Credit risk measurement and management
• Risk management and investment manage-
CFOs, Financial Advisors, Bankers, Investment Bankers,
Investment Managers, Strategic Investors, Securities Ana-
lysts, Financial Managers and Internal Auditors. • Current issues in financial markets

Developers for Training and Consultancy

Register Now Tel: +202 26354277 Fax: +202 26354287
Mobile: 0168822010
The main components of the Financial Risk Manager Tainting and Examination

Level 1 Level 2
Covers, in detail, basic financial instruments, markets and con- Covers financial risk management implementation issues
cepts, and risk measurement using VaR. and concepts. Will extend risk measurement beyond
Objective is to ensure the FRM candidate has a good under- VaR, and includes some additional subject areas.
standing of the basic tools necessary to be a successful financial
risk manager. Exam questions would test more on understand- Exam questions test candidate’s knowledge about more
ing concepts than application. advanced uses and applications of the instruments and
4 hours, 100 multiple choice questions: tools covered in Level I. The questions would be more
• Foundations of Risk Management. case study and practice orientated versus those in Level I.
• Quantitative Analysis. • Market Risk Measurement & Management.
• Financial Markets and Products. • Credit Risk Measurement & Management.
• Operational/Integrated Risk Measurement & Manage-
Level 1 fees: USD 3,000 ment.
Discounts apply for early and group registrations • Risk Management in Investment Management.
• Current Issues in Financial Markets.

FRM -Level I- Schedule- Egypt

Study Session
Module I
Foundation Of Risk Management 6
Foundation Of Risk Management 11
Module II
Exam Module I
Financial Markets & Products 17
Financial Markets & Products 25
Financial Markets & Products 31
Module III
Exam-Module II
Quantitative Methods 35
Quantitative Methods 43
Quantitative Methods 51
Quantitative Methods 56
Module IV
Valuation & Risk Models 62
Valuation & Risk Models 68
Valuation & Risk Models 77
Exam-Module III/ IV

Mock Exam Date

Mock Exam 4 Hours ( 2;2 hour session)
Financial Risk Manager (FRM) Level 1
June 2010
Review Program Registration form
Participant’s data:
Full Name: _________________________________
Firm: ______________________________________
Business Phone: ____________________________
Mobile Number: ____________________________
E-mail Address: _____________________________

Review course dates:

As per the schedule attached
Mock Exams’ dates and timing:
As per the schedule attached

The Registration fee for the FRM Level 1 program is USD 3,000 including:
The FRM Level 1- review course (77 training hours);
A complete package of study material;
One exam for each module (four exams); and
One comprehensive mock exam.

Early and group discounts apply.

Registration and Payment methods:

To register, please complete the registration form and send it with your business card to: Developers for Training and
Consultancy- or Fax (+202)2635 4287
Fees are due for payment in full amount in cash or check payable to “Developers for Training and Consultancy-LLC”.
Organizations are welcomed to register and pay for their staff members. Organizations apply for five or more par-
ticipants would get a discount of US$ 100 for each participant.

Cancellation Policy:
A full refund less than administration fees of USD 300 will be given for cancellation requests received up to 5 working
days before the start date. Cancellation must be made in writing (letter or fax) and reach (Developers for Training
and Consultancy–LLC) before the 5 working days deadline.
Delegates who cancel less than 5 days before the event, or who do not attend, are liable to pay the full course fee and
no refunds can be given. However, if they wish to attend the next course, and they have paid the course fee in full,
they will only be invoiced for 25% of that course fee.
Please note that you can transfer only once. The next course must take place within 6 months of the initial application.
Of course, a replacement is always welcome.

I herby agree to the above terms and conditions of the course

Applicant name:



For further information please call