Sen Lin, PrepPass Founder · Verified against GARP — Financial Risk Manager (FRM) Part I · How we review

FRM Part 1 Practice Questions Study Guide (2026)

This is the free study guide for the FRM Part 1 Practice Questions exam — the same content areas the exam tests, written to the official outline. Read any chapter online free below, then drill the material with 19+ free practice questions and a full timed mock exam.

Last updated: August 2026.

Open the full study guideEvery chapter, in one place — free to read online.

The 5 chapters

  1. 1Foundations of Risk Management22% of the exam
  2. 2Quantitative Analysis22% of the exam
  3. 3Financial Markets & Products20% of the exam
  4. 4Valuation & Risk Models20% of the exam
  5. 5Credit & Operational Risk16% of the exam

Practice what you read

Reading is step one; recalling it under exam pressure is what passes. Drill free FRM Part 1 Practice Questions practice questions, then sit a full timed mock exam.

Free practice questions →Timed mock exam →Cram sheet →

Educational summary, not a substitute for the official material — always confirm current details with GARP — Financial Risk Manager (FRM) Part I. Last updated: August 2026.

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