Comparison

FRM Exam Practice vs FRM Exam Study Guide

Price, ratings, monetisation and update history for both apps, side by side โ€” with what reviewers say about each.

Head to head
About

FRM Exam Practice

Features
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Prepare with confidence using FRM Exam Practice, your all-in-one study tool for mastering the Financial Risk Manager (FRM) certification. Whether you're tackling Part I or Part II, this app offers practice quizzes, full-length mock exams, flashcards, and performance tracking to help you pass on your first attempt. Key Features: - Practice Quizzes โ€“ Test your knowledge with questions aligned to the latest FRM curriculum, organized by topic. - Mock Exams โ€“ Simulate real exam conditions with timed, full-length tests and detailed score reports. - Flashcards โ€“ Review key concepts like risk models, valuation, credit risk, and Basel frameworks with structured flashcard decks. - Progress Tracking โ€“ Monitor your performance with insights, analytics, and score history to target areas for improvement. - Clean, Focused UI โ€“ A simple, professional interface designed for efficient learning and exam readiness. - Disclaimer: This app is not affiliated with or endorsed by GARP (Global Association of Risk Professionals). It is an independent educational resource created to support candidates preparing for the FRM exam.

About

FRM Exam Study Guide

Features
Read full description

Prepare for the GARP Financial Risk Manager (FRM) exam with a focused, comprehensive study companion covering both Part I and Part II, aligned to the current GARP exam blueprint. FRM Exam Study Guide organizes everything into the ten exam topic areas across both parts, so you study exactly what the exam tests. FIVE WAYS TO STUDY - 184 flashcards - tap to flip, tagged by exam domain - 126 multiple-choice practice questions with instant feedback and fully worked solutions - 100 true/false questions targeting the misconceptions that cost exam points - Key-term matching game - race to pair every term with its definition, in rounds of five - 112 searchable glossary terms and 43 formulas with variables and usage notes TOPICS COVERED - PART I - Foundations of Risk Management: risk frameworks, ERM, CAPM, RAROC, governance, financial disasters - Quantitative Analysis: probability, distributions, regression, volatility, Monte Carlo, VaR basics - Financial Markets & Products: bonds, forwards, futures, swaps, options, derivatives, hedging - Valuation & Risk Models: duration, convexity, Black-Scholes, binomial trees, Greeks, VaR methods TOPICS COVERED - PART II - Market Risk Measurement & Management: VaR mapping, expected shortfall, backtesting, FRTB - Credit Risk Measurement & Management: PD/LGD/EAD, Merton/KMV, CVA, CDS, securitization - Operational Risk & Resilience: Basel approaches, RCSA, KRIs, model risk, cyber, Basel III - Liquidity & Treasury Risk: LCR, NSFR, FTP, stress testing, ALM, IRRBB - Risk Management & Investment Management: portfolio VaR, factor models, Sharpe/IR, hedge funds - Current Issues in Financial Markets: AI in risk, climate/ESG, SOFR, crypto, 2023 banking turmoil Start free with a preview of every section. Unlock Premium with a one-time lifetime purchase or a low monthly subscription - both include the entire question bank, glossary, and formula library. This app is an independent study aid and is not affiliated with, endorsed by, or sponsored by the Global Association of Risk Professionals (GARP). FRM and Financial Risk Manager are registered trademarks of GARP. Always verify current exam content at garp.org. SUBSCRIPTION & TERMS Premium unlocks every flashcard, practice question, glossary entry, and reference section. Two options: - Premium Monthly: $1.99 per month, auto-renewing subscription - Premium Lifetime: $15.00 one-time purchase, not a subscription Payment is charged to your Apple Account at confirmation of purchase. A monthly subscription renews automatically unless auto-renew is turned off at least 24 hours before the end of the current period; your account is charged for renewal within 24 hours before the current period ends. You can manage or cancel your subscription in your Apple Account settings after purchase. Terms of Use (EULA): https://www.apple.com/legal/internet-services/itunes/dev/stdeula/ Privacy Policy: https://www.dmpenterprisellc.com/privacy-policy

Screenshots

FRM Exam Practice4 screens
FRM Exam Study Guide4 screens

Verdict

The call

The clearest difference is in-app purchases: FRM Exam Practice at none against FRM Exam Study Guide's 2. FRM Exam Practice also leads on iOS requirement (12.0 vs 17.0). FRM Exam Study Guide's advantage is ads (none vs shown). On price and device support there is nothing between them.

Scored on Price ยท Rating ยท Positive reviews ยท Number of ratings ยท Update frequency ยท Ads ยท In-app purchases ยท Monetization ยท Best chart rank ยท Devices ยท Requires iOS

CostPrice ยท In-app purchases ยท Ads ยท Monetization

Both are free to download. FRM Exam Study Guide sells 2 in-app purchases, starting at $1.99 per month. FRM Exam Practice asks for nothing beyond the download.

Scorecard3 real differences ยท 2 level
FRM Exam Practice versus FRM Exam Study Guide: the parameters behind the verdict, then further details
ParameterFRM Exam PracticeFRM Exam Study Guide
PriceFreeFree
AdsYesNo โ€” better
In-app purchasesNo โ€” betterYes
DevicesiPhone, iPodiPhone, iPad
Requires iOS12.0 โ€” better17.0
Further details โ€” not scored
Size35 MB2 MB
Age rating4+4+
DeveloperZakaria FerzaziDavid Peterson

In-app purchases

None

FRM Exam Practice

No in-app purchases

2 purchases

FRM Exam Study Guide

Subscriptions1
  • FRM Premium (Monthly)$1.991 Month
One-time1
  • FRM Premium (Lifetime)$15.00

Questions

Is FRM Exam Practice free?
FRM Exam Practice is free to download, with no in-app purchases.
Is FRM Exam Study Guide free?
FRM Exam Study Guide is free to download, with in-app purchases available.
Do FRM Exam Practice or FRM Exam Study Guide have ads?
FRM Exam Practice shows ads; FRM Exam Study Guide does not.

Other comparisons