FRM Risk Prep vs FRM Exam Study Guide
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
FRM Risk Prep
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NAVIGATE UNCERTAINTY WITH QUANTITATIVE PRECISION. The FRM Risk Mastery: with AI suite is the definitive 2026 tool for risk managers, analysts, and quantitative researchers. As global financial systems become increasingly complex, this app provides the deep mathematical foundations and strategic frameworks required to earn the prestigious FRM credential. COMPLETE 2-IN-1 RISK MANAGEMENT SUITE: - FRM Part I: Foundations & Tools: Master the core quantitative methods, financial markets and products, and valuation and risk models. Build the mathematical bedrock needed to quantify market movements. - FRM Part II: Applied Risk Management: Deep-dive into Market Risk, Credit Risk, Operational Risk, and Resiliency. Master Investment Management and current issues in financial markets, including AI-driven systemic risk. ADVANCED APP FEATURES: High-Speed Performance: Optimized for instant loading and 100% offline access for professionals working in high-frequency trading floors or secure bank vaults.
FRM Exam Study Guide
Prepare for the Financial Risk Manager (FRM) exam with a comprehensive study tool. It covers both Part I and Part II of the exam blueprint, offering flashcards, practice questions, and games to reinforce learning. A preview is available for free, with premium access via subscription or a one-time purchase.
- Covers FRM Part I and Part II
- 184 flashcards tagged by exam domain
- 126 multiple-choice practice questions
- 100 true/false questions
- Key-term matching game
- Searchable glossary and formulas
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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
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Verdict
The clearest difference is in-app purchases: FRM Risk Prep at none against FRM Exam Study Guide's 2. FRM Risk Prep also leads on iOS requirement (15.0 vs 17.0). On price, ads and device support there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. FRM Exam Study Guide sells 2 in-app purchases, starting at $1.99 per month. FRM Risk Prep asks for nothing beyond the download.
| Parameter | FRM Risk Prep | FRM Exam Study Guide |
|---|---|---|
| Price | Free | Free |
| Rating | — | 5.0 (1 ratings) — better |
| Number of ratings | — | 1 — better |
| Update frequency | Monthly | — |
| Ads | No | No |
| In-app purchases | No — better | Yes |
| Monetization | — | Free with in-app purchases |
| Devices | iPhone, iPad, iPod — better | iPhone, iPad |
| Requires iOS | 15.0 — better | 17.0 |
| Further details — not scored | ||
| Size | 32 MB | 2 MB |
| Age rating | 4+ | 4+ |
| Developer | Monynith Sovann | DMP ENTERPRISE LLC |
In-app purchases
FRM Risk Prep
No in-app purchases
FRM Exam Study Guide
- FRM Premium (Monthly)$1.991 Month
- FRM Premium (Lifetime)$15.00
Questions
Is FRM Risk Prep free?
Is FRM Exam Study Guide free?
Do FRM Risk Prep or FRM Exam Study Guide have ads?
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