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Certification
FRM Part 1
GARP Financial Risk Manager — Part 1 foundations
20-question mock75 min45% pass markInternational
Single questions with instant feedback — no timer, learn as you go.
Start here · Official guidance
From practice to the real exam
01
Register with GARP
One-time enrolment fee USD 400 + exam fee USD 600 (early) to 800 (standard).
02
Use the GARP curriculum
GARP publishes the official FRM Books — required reading. The Learning Objectives document lists every topic tested.
03
Practise GARP mock exams
GARP releases practice exams annually that mirror the real test format.
04
Schedule the exam
Two windows per year (May and November). Computer-based test at Pearson VUE centres.
05
Sit Part 1
4 hours, 100 multiple-choice questions. After passing Part 1 + Part 2 + 2 years of relevant work experience, GARP awards the FRM designation.
Official resources
Heads up: Links open in a new tab and go to government / awarding-body sites. AceMark is not affiliated — always verify deadlines and fees on the official page.
Exam blueprint
What this exam covers
5 topics · drawn across your practice and mock
01Valuation & risk models
25%5 questions
02Foundations of risk management
20%4 questions
03Quantitative analysis
20%4 questions
04Financial markets & products
20%4 questions
05Operational risk
15%3 questions
Your study path
Master this exam, topic by topic
Drill one topic at a time. After each session you'll see where you went wrong and can retake until you've got it.
Questions per session
5 questions available
4 questions available · 4 this session
4 questions available · 4 this session
4 questions available · 4 this session
3 questions available · 3 this session
Frequently asked questions
Is the FRM Part 1 practice test free?
Yes. The core FRM Part 1 practice on AceMark is free to start — no credit card needed. Sign in (takes 10 seconds) if you'd like to track your progress, save attempts, and unlock the Mentor. Otherwise, browse and explore questions without an account.
How many questions are in the FRM Part 1 quiz?
Each FRM Part 1 attempt draws 20 questions and runs for about 240 minutes under realistic timed conditions.
Can I retake the FRM Part 1 test, and are the questions randomised?
Yes. Every attempt pulls a fresh, randomised set of questions, so you can't memorise your way through — you retake it until you genuinely know the material.
What score do I need to pass the FRM Part 1?
The pass mark used in this simulation is 45%. AceMark scores every attempt instantly and shows which topics to review.