FRM Part II · exam guide
FRM Part II Eligibility
Checked against GARP's official pages, as of 12 October 2026. Rules and fees change; confirm on the official site before you act.
Opens the print dialog. Choose "Save as PDF".
Part II is open to candidates who have passed Part I, or who sit Part I in the same August window. Part II cannot be sat in a different administration before Part I is passed.
- Candidates must have passed Part I, or take Part I and Part II on the same day in the August window.
- If both Parts are taken in the same administration and Part I is failed or missed, Part II is not graded.
- Part II must be passed by December 31 of the fourth year after passing Part I.