How to Prepare for the FRM Level 1 Exam with Kaplan Schweser
The FRM (Financial Risk Manager) certification is a globally recognized credential for risk management professionals. It demonstrates your expertise in assessing and managing various types of risks, such as market risk, credit risk, operational risk, and liquidity risk.
If you are planning to take the FRM Level 1 exam, you may be wondering how to prepare effectively and efficiently. One of the best resources you can use is Kaplan Schweser, a leading provider of exam prep materials for the FRM and other financial certifications.
In this article, we will explain what Kaplan Schweser offers for FRM Level 1 candidates and how you can use their products and services to ace the exam.
What is Kaplan Schweser
Kaplan Schweser is a division of Kaplan Inc., a global education company that offers test preparation, professional education, and higher education programs. Kaplan Schweser specializes in preparing candidates for various financial exams, such as the CFA, CAIA, FDP, ESG, and FRM.
Kaplan Schweser has been helping FRM candidates since 2004, when they partnered with the Global Association of Risk Professionals (GARP), the organization that administers the FRM certification. Kaplan Schweser is an official GARP-approved exam prep provider, which means that their materials are aligned with the FRM curriculum and learning objectives.
Kaplan Schweser offers a range of study packages, individual study materials, classes, and final review products for both FRM Level 1 and Level 2 exams. You can choose the option that best suits your learning style, budget, and schedule.
What are the benefits of using Kaplan Schweser
There are many reasons why you should consider using Kaplan Schweser for your FRM Level 1 exam preparation. Here are some of the main benefits:
Comprehensive coverage: Kaplan Schweser covers all the topics and concepts that you need to know for the FRM Level 1 exam. Their materials are based on the official FRM curriculum and updated regularly to reflect any changes or updates. You can be confident that you are not missing anything important or studying outdated information.
Concise and clear explanations: Kaplan Schweser simplifies complex topics and provides clear and concise explanations with examples and illustrations. Their materials are designed to help you understand and retain the key concepts and formulas without getting bogged down by unnecessary details or jargon.
Practice questions and exams: Kaplan Schweser provides thousands of practice questions and mock exams that simulate the real FRM Level 1 exam format and difficulty level. You can test your knowledge and skills, identify your strengths and weaknesses, and track your progress and performance. You can also get detailed feedback and explanations for every question to learn from your mistakes and improve your accuracy and speed.
Expert instruction: Kaplan Schweser has a team of experienced and qualified instructors who are also certified FRMs. They can guide you through the FRM curriculum, teach you exam strategies and tips, answer your questions, and motivate you to stay on track. You can access their instruction through live online classes, on-demand videos, or one-on-one tutoring sessions.
Adaptive study plan: Kaplan Schweser helps you create a personalized and adaptive study plan that fits your goals, schedule, and learning pace. You can set your exam date, study hours, preferred study mode, and difficulty level. The study plan will then recommend the best sequence of topics, materials, questions, and exams for you to follow. It will also adjust based on your performance and feedback.
How to use Kaplan Schweser for FRM Level 1 exam prep
The first step to using Kaplan Schweser for your FRM Level 1 exam prep is to choose a study package that meets your needs and preferences. Kaplan Schweser offers three main study packages: Essential Self-Study Package ($649), Premium Instruction Package ($999), and PremiumPlusâ Package ($1299).
The Essential Self-Study Package includes the following components:
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