GARP Announces Record-Breaking FRM Exam Registrations

    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.winsper@garp.com
 
 
 

SOURCE The Global Association of Risk Professionals (GARP)