FRM Classes & Coaching

FRM Part I & II Coaching in Mulund, Mumbai

Live online FRM classes and classroom FRM coaching for both FRM Exam Parts — also written as FRM Part 1 and FRM Part 2 — taught by Jagdish Bang, CFA, with 10+ years in Investment Strategy, Fixed Income and Treasury Markets. Structured FRM training, small Batches, mentorship after your results.

Enroll Now View FAQs
2
Exam Parts
~240h
Study Hours per Part
3
Windows a Year (May / Aug / Nov)
100,000+
FRM Certified, 190+ Countries

Watch Real FRM Classes

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Real concept explainers from Jagdish Bang, CFA — see the teaching style before you enroll.

More Videos on Our YouTube Channel →

Who Is This FRM Program For?

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  • Finance professionals moving into Risk Management
  • Bankers and analysts handling Market or Credit Risk
  • Students targeting Risk, Treasury or Compliance careers
  • Candidates who've completed or are pursuing CFA and want a risk specialization
  • Working professionals looking for online or classroom coaching

Why Choose JB Finance Academy for FRM Coaching?

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Searching for the best FRM classes in Mumbai, or an FRM institute near you? Here's what makes our FRM training different:

01

Faculty Who Has Worked the Job

  • Taught by Jagdish Bang, CFA
  • 10+ years in Investment Strategy, Fixed Income & Treasury
  • Ex-Ujjivan Small Finance Bank, TCS Treasury, STCI Primary Dealer
  • Practical, market-tested insights, not textbook-only teaching
02

Exam-Focused Study Material

  • Concise, Exam-focused notes
  • Formula sheets for quick revision
  • 2,000+ practice questions
  • Topic-wise question banks
03

Personalized Approach

  • Small Batch Size
  • Individual attention and mentorship
  • Weekly study plan reviews
  • Customized doubt-clearing sessions
04

Hybrid Learning

  • Live classes in Mulund, Mumbai
  • Online streaming available
  • Recorded sessions for revision
05

Support That Doesn't End at the Exam

  • Direct WhatsApp access to the Mentor
  • Additional support for repeat candidates
  • Career guidance and interview preparation

What Is the FRM Program?

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JB Finance Academy offers FRM Part I & II coaching through live online classes and classroom learning in Mulund, Mumbai. The Financial Risk Manager (FRM®) certification, administered by GARP, is a globally recognized qualification for risk professionals. Our FRM certification training is taught by Jagdish Bang, CFA, with 10+ years of industry experience.

What the Program Covers

Across its two Exam Parts, the FRM Program tests:

  • Foundations of Risk Management and Governance
  • Quantitative Analysis and Statistical Methods
  • Financial Markets, Products and Derivatives
  • Market, Credit, Operational and Liquidity Risk
  • Risk and Investment Management

The curriculum is set by GARP with input from practicing risk professionals worldwide.

What Is FRM Certification?

FRM certification is awarded to professionals who:

  1. Pass both FRM Part I and Part II exams
  2. Complete two years of relevant work experience in Financial Risk Management
  3. Maintain GARP membership

FRM holders commonly work as Risk Manager, Credit Risk Analyst, Market Risk Specialist, Operational Risk Manager, and Regulatory Compliance Officer.

Exam Overview: FRM Part I & Part II Comparison

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CategoryPart IPart II
Exam Topics Foundations of Risk Management · Quantitative Analysis · Financial Markets and Products · Valuation and Risk Models Market Risk · Credit Risk · Operational and Integrated Risk Management · Liquidity and Treasury Risk · Risk Management and Investment Management · Current Issues
Number of Questions100 Multiple Choice80 Multiple Choice
Exam Duration4 hours4 hours
Exam FormatComputer-based, Pearson VUE centersComputer-based, Pearson VUE centers
Results AvailabilityApproximately 6 weeks after the window closesApproximately 6 weeks after the window closes

Exam Windows

GARP runs three windows a year: May, August, November. Upcoming November 2026 window: Part I Nov 14–20, Part II Nov 21–25. Standard Registration deadline: September 30, 2026. Both parts can be taken on the same day or separately. Exact dates shift each cycle — verify on garp.org before registering.

Eligibility

Bachelor's degree (or in final year of graduation) to sit the Exam — no work experience required. Certification itself requires 2 years of relevant risk-management work experience after passing both parts.

Benefits of FRM Certification

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Global Recognition

The leading certification for risk professionals worldwide — valued by banks, asset managers and regulators.

Career Advancement

Fast-track toward senior risk roles including Chief Risk Officer, Risk Analyst and Compliance Manager.

Specialized Expertise

Master Market, Credit and Operational Risk, plus regulatory frameworks like Basel III.

FRM Curriculum & Syllabus Overview

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The FRM syllabus — Part I topics first, then Part II — weights per GARP's published curriculum. Click a topic to see what it covers.
01Foundations of Risk Management20%+

Risk management framework, governance, Basel accords, risk culture, enterprise risk management, financial disasters

02Quantitative Analysis20%+

Probability distributions, hypothesis testing, regression analysis, time series, volatility modeling, simulation methods

03Financial Markets and Products30%+

Derivatives (futures, forwards, options, swaps), fixed income securities, equity markets, foreign exchange, commodities

04Valuation and Risk Models30%+

Value at Risk (VaR), expected shortfall, stress testing, scenario analysis, option pricing, credit risk models

05Market Risk Measurement and Management20%+

VaR methodologies, backtesting, volatility modeling, correlation risk, interest rate risk, equity and commodity risk

06Credit Risk Measurement and Management20%+

Credit analysis, credit derivatives, structured products, counterparty risk, credit VaR, Basel credit risk framework

07Operational and Integrated Risk Management20%+

Operational risk frameworks, Basel operational risk, risk capital, enterprise risk management, risk culture

08Liquidity and Treasury Risk15%+

Liquidity risk measurement, funding strategies, contingency planning, asset-liability management, regulatory requirements

09Risk Management and Investment Management15%+

Portfolio construction, performance attribution, hedge fund risk, pension fund risk, insurance risk management

10Current Issues in Financial Markets10%+

Recent regulatory changes, emerging risks, fintech impact, climate risk, cyber risk, machine learning in risk

Career Paths After FRM

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Risk Manager · Market Risk Analyst · Credit Risk Analyst · Operational Risk Manager · Chief Risk Officer · Compliance Officer · Treasury Risk Manager · Risk Consultant · Quantitative Risk Analyst · Bank Risk Manager

Based on Glassdoor and PayScale data, FRM holders in India typically earn roughly ₹6–12 LPA at entry level, ₹12–22 LPA mid-career, and ₹30+ LPA in senior risk leadership roles. See our full FRM salary guide for the complete sourcing and breakdown.

FRM Course Fees

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Two separate fees — what you pay us for coaching, and what GARP charges for the Exam itself.
Our Coaching Fee - Paid to JB Finance Academy
FRM Part I₹45,000
FRM Part II₹48,000

Includes live + recorded classes, study material, mock tests, and doubt support. Ask us for the current inclusions on a call.

GARP's Own Exam Fee - Not Paid to Us
Enrollment Fee (one-time, new candidates)$400
Part I Exam Fee (standard)$800
Part II Exam Fee (standard)$800

Standard pricing for the November 2026 window, paid directly to GARP. Early-Registration pricing for a future cycle isn't shown here until we can verify it live on garp.org — check current figures before paying.

Your Faculty

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Jagdish Bang, CFA — Founder, JB Finance Academy

Jagdish Bang, CFA

10+ years in Investment Strategy, Fixed Income & Treasury · Ex-Ujjivan Small Finance Bank, TCS Treasury, STCI Primary Dealer

Teaches every Batch personally — no rotating faculty. Classes combine GARP's curriculum with real trading-desk and treasury risk experience.

01Professional Journey+

Ujjivan Small Finance Bank — Investment Strategy & Portfolio Management
Tata Consultancy Services Treasury — Portfolio Management
STCI Primary Dealer — Fixed Income Trading & Market Risk Analysis
NVIDIA — Technology Specialist

02Proven Results+

Built high-performing investment portfolios · Advised senior management on investment-related strategic decisions · Delivered strong risk-adjusted returns · Expertise across both Fixed Income and equity markets

03Teaching Philosophy+

Practical, applicable concepts over textbook theory · Real corporate and trading-desk insights · Workplace-ready preparation, not just exam-ready · A confidence-building teaching approach

Visit Us in Mulund West

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216, Sai Arcade, NS Road, Mulund West, Mumbai 400078

Open in Google Maps →

What Students Say

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“Jagdish sir taught us well. He have worked in fund management that is the reason he explained us everything about bonds and derivatives in detail. He provided real life knowledge of how things work in finance. He is very calm person and has lot of patience while teaching. Recommended for FRM & CFA.”

— Akshay Nimbalkar ★★★★★ · Google Review

“One of the best educators in the city, known for exceptional concept-based teaching and absolute clarity on every topic. His explanations are simple, logical, and deeply impactful, making even difficult concepts easy to understand. Highly supportive and always ready to guide.”

— Pranay Bhutada ★★★★★ · Google Review

Read More Google Reviews →

Areas We Serve for FRM Classes in Mumbai & Thane

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Searching for "FRM classes near me"? As an FRM institute in Mulund West, we run classroom FRM classes for students from across Mumbai, Thane and Navi Mumbai, including:

  • Mulund
  • Thane
  • Bhandup
  • Nahur
  • Kanjurmarg
  • Powai
  • Ghatkopar
  • Vikhroli
  • Kurla
  • Chembur
  • Mahim
  • Bandra
  • Andheri
  • Chakala
  • Tilak Nagar
  • Borivali
  • Kalyan
  • Dombivali
  • Ulhasnagar
  • Bhiwandi
  • Kalwa
  • Mumbra
  • Thakurli
  • Kopar
  • Airoli
  • Vashi
  • Ghansoli
  • Rabale
  • Navi Mumbai

Not close to Mulund West? We also run live online FRM coaching for students across India — interactive sessions, real-time doubt-solving, and recorded lectures for revision.

Frequently Asked Questions

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About the FRM Program

What Is the FRM Certification? +

FRM stands for Financial Risk Manager — a global risk-management certification from GARP (Global Association of Risk Professionals), covering Market, Credit, Operational and Liquidity Risk.

What Is the Difference Between FRM Part I and Part II? +

Part I is 100 MCQs covering Risk Management foundations, Quantitative Analysis, Financial Markets and Products, and Valuation and Risk Models. Part II is 80 MCQs covering Market, Credit, Operational and Liquidity Risk, Risk and Investment Management, and Current Issues.

Do I Need a Finance Background for FRM? +

A finance or quantitative background helps but isn't mandatory. Strong math skills matter more. You need a bachelor's degree, or to be in your final year of graduation, to sit for the Exam.

Do You Offer Online FRM Classes? +

Yes. Students across India can join live online FRM coaching alongside our classroom Batches in Mulund, Mumbai.

What Is the FRM Syllabus? +

The FRM syllabus spans Part I — Foundations of Risk Management, Quantitative Analysis, Financial Markets and Products, and Valuation and Risk Models — and Part II — Market, Credit, Operational and Liquidity Risk, Risk and Investment Management, and Current Issues. See the full Curriculum & Syllabus section for topic weights.

Do You Offer FRM Classes Near Me in Mumbai? +

Our Mulund West FRM institute serves classroom students from across Mumbai and Thane — see the full list of areas we serve — plus live online FRM classes for students anywhere in India.

Eligibility & Exam Windows

What Is the FRM Eligibility Criteria? +

No work experience is required to sit for either Exam. Certification requires passing both Parts plus two years of relevant work experience in Financial Risk Management.

When Are the FRM Exam Windows in 2026? +

GARP runs three windows a year — May, August and November. The upcoming November 2026 window is Part I: Nov 14–20, Part II: Nov 21–25, with a standard Registration deadline of September 30, 2026.

Can I Take Both FRM Parts on the Same Day? +

Yes — GARP allows candidates to sit both Parts on the same day within an Exam window, or in separate windows.

How Long Does It Take to Complete FRM? +

Typically 6 to 12 months to complete both Parts. Most candidates finish within a year, studying around 240 hours per Part.

Fees, Results & Careers

What Is the FRM Exam Fee? +

GARP charges a one-time $400 enrollment Fee for new candidates, plus a standard Exam Fee of $800 per Part — paid directly to GARP, separate from our coaching Fee (see the Fees section above).

Can I Work While Preparing for FRM? +

Yes — most candidates work full-time in risk or finance roles. Recommended study time is about 240 hours per Part over 3–4 months, and our weekend Batches suit working professionals.

What Is the FRM Pass Rate? +

GARP publishes pass-rate data by Exam cycle on garp.org. Rather than quote our own unverified figure, we focus on structured preparation, practice questions and mentorship to help every candidate prepare properly.

What Salary Can FRM Holders Expect in India? +

Based on Glassdoor and PayScale data, FRM holders in India typically earn roughly ₹6–12 LPA at entry level, ₹12–22 LPA mid-career, and ₹30+ LPA in senior risk leadership roles. See our full FRM salary guide above for the sourcing and breakdown.

View All Site-Wide FAQs →

Ready to Start Your FRM Journey?

Join FRM Part I & II coaching in Mulund, Mumbai — live online or classroom.

New Batches start every 2–3 weeks. Message us on WhatsApp for the next start date and seat availability.