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Often considered the steepest hurdle for non-technical candidates, this topic requires rigorous mathematical understanding. Key areas include:
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The FRM Part 1 exam consists of 100 equally weighted multiple-choice questions focusing on four key areas: Quantitative Analysis, Foundations of Risk Management, Financial Markets and Products, and Valuation and Risk Models.
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Code of conduct and ethics as mandated by the Global Association of Risk Professionals (GARP). 2. Quantitative Analysis (20%)
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