FRM Exam day: what to bring and the rules

Everything here comes from the 2026 FRM Candidate Guide. Rules can change, so read the current Candidate Guide and your Confirmation of Appointment email before you go.

What to bring

• The printed Confirmation of Appointment email.
• An original, valid, non-expired, government-issued passport or driver's license with a photograph. The name must match the name on your Confirmation of Appointment email. Digital identification is not accepted.
• An approved calculator with its memory cleared (see the calculator guide).

What to leave behind

• All clocks, watches, electronic devices and wearable technology (including fitness trackers and smart glasses) must be stored in a locker, storage bag or area the proctor designates before the exam starts.
• A phone must be turned off completely; airplane mode is not enough. If a phone makes any noise during the exam, even from the locker, your session ends and your exam is not graded.
• No personal belongings are allowed in the exam room. GARP encourages bringing as few items as possible.

The exam itself

• Part I: 100 multiple-choice questions in four hours. Part II: 80 multiple-choice questions in four hours.
• There is no penalty for a wrong answer: answer every question.
• You must pass Part I before Part II. If you sit both in the same window and fail Part I, Part II is not graded.
• Any activity that compromises the integrity of the exam, before, during or after it, is an Exam Policy Violation: your session ends and a report goes to GARP.

Results

GARP emails you within eight weeks of the end of your exam window to say your results are available. You get a pass or fail with percentile ranges that compare you to your peers. There is no numerical score and no published pass mark.

Pacing

Part I averages 2 minutes 24 seconds a question and Part II 3 minutes. A simple plan: do a first pass answering what you can in about a minute and a half to two minutes each, flag the long calculations, and use the remaining time on the flagged ones. FRM Prep's simulations time you at the real pace, show how long you spent on each question and draw your times against the average, so you can see whether long calculations are eating the clock.

Practice for the day

FRM Prep's full-length simulations use the same question counts, time limit and topic weights as the exam, with no feedback until you submit, the way the real exam works. After each one the result page shows where points were lost by topic and by kind of mistake.