GARP Announces Record-Breaking FRM Exam Registrations
2008 FRM Exam Registrations Tops Previous Year's Total With 3 Months
NEW YORK, LONDON, and BEIJING, July 18 /PRNewswire/ -- With three months remaining until registration for the 2008 Financial Risk Manager (FRM(R)) Exam closes on October 15, 2008, this year's registrations have already surpassed the total number of all registrations received in 2007, the Global Association of Risk Professionals (GARP: www.garp.org) announced today. In 2007, 10,135 candidates across the world registered to attain the FRM, the certification recognized by financial risk professionals worldwide. On July 18, 2008, registration for the 2008 FRM Exam reached new heights by topping last year's total number of registrations. Earlier this year on May 1st, GARP reported a record high for registrations with a 42% increase over the number of Early Registrants in 2007. "The heightened focus on risk management over the last 18 months has helped fuel the growth of our FRM program," said Richard Apostolik, GARP President and CEO. "We are seeing more and more firms across a variety of industry sectors around the world calling for financial risk managers to be credentialed. The FRM program answers that call with a comprehensive curriculum, a challenging exam and a recognition among risk professionals worldwide of the significance of holding the FRM designation." The growth of the FRM Program has been dramatic both in terms of total registrations and global acceptance since its inception in 1997. The FRM Program has experienced a compounded annual growth rate of 23% over the last 6 years, higher than any other financial certification program in any 6-year period in history. A total of 2,483 organizations, including 26% of the Fortune Global 500 companies, from over 135 countries around the globe were represented by FRM candidates in 2007. Candidates may continue to register until October 15, 2008, with Standard Registration ending on August 31, 2008, and Late Registration ending October 15, 2008. The exam is scheduled to be given on November 15, 2008 in over 75 exam sites across 6 continents. For additional information about the FRM Program and registration for the exam, please visit: www.garp.com/frmexam. About GARP The Global Association of Risk Professionals (GARP) is a not-for-profit independent association of over 78,000 risk management practitioners and researchers representing banks, investment management firms, government agencies, academic institutions, and corporations from more than 167 countries worldwide. It also administers the Financial Risk Manager (FRM(R)), the certification recognized by financial risk professionals worldwide. As the leading professional association for risk managers, GARP's mission is the advancement of the risk profession through education, training and the promotion of best practices globally. www.garp.org. CONTACT: Greg Winsper of Global Association of Risk Professionals, +1-201-719-7240, or Fax, +1-201-222-5022, or Greg.email@example.com
SOURCE The Global Association of Risk Professionals (GARP)
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