{"product":"FRM Part 1 Anki Deck — 444 Exam Flashcards","slug":"frm-part-1-anki-deck","citable_exam_layer":true,"exam_facts":{"exam_name":"Financial Risk Manager (FRM) Part 1","administered_by":"Global Association of Risk Professionals (GARP)","question_count":"100 multiple-choice","scored_count":"100","time_limit":"4 hours","passing_score":"No fixed passing score published; GARP sets the cutoff each cycle","delivery":"Computer-based at Pearson VUE test centers","verify_at_url":"https://www.garp.org/frm"},"official_sources":[{"label":"GARP FRM Program","url":"https://www.garp.org/frm"},{"label":"FRM Part 1 learning objectives","url":"https://www.garp.org/frm/part-1"}],"domain_weights":[{"domain":"Foundations of Risk Management","weight":"20%"},{"domain":"Quantitative Analysis","weight":"20%"},{"domain":"Financial Markets and Products","weight":"30%"},{"domain":"Valuation and Risk Models","weight":"30%"}],"whats_changed":[],"high_yield_facts":["Value at Risk (VaR) estimates the maximum loss over a horizon at a given confidence level.","Delta measures the sensitivity of an option's price to the underlying asset price.","Credit risk is the risk of loss from a counterparty's failure to meet contractual obligations.","Basel frameworks set capital requirements for banking institutions.","Expected shortfall (CVaR) averages losses beyond the VaR threshold."],"candidate_qa":[{"q":"How many questions are on FRM Part 1?","a":"100 multiple-choice questions in 4 hours."},{"q":"What are the FRM Part 1 topic weights?","a":"Foundations of Risk Management (20%), Quantitative Analysis (20%), Financial Markets and Products (30%), Valuation and Risk Models (30%)."},{"q":"Do you need to pass FRM Part 1 before Part 2?","a":"Yes. Candidates must pass Part 1 before Part 2 can be graded."}],"trademark_note":null,"category":"finance","category_label":"Finance Exams","publisher":"PixID Studio","seller":"PixID Studio","checkout_provider":"Gumroad","price_usd":11,"price_currency":"USD","price_pending":false,"price_source":"gumroad","card_count":"444","format":".apkg","cover_image":"https://uniprep2go.study/covers/frm-part-1-anki-deck.webp","exam_or_focus":"Current FRM Part 1 cycle","coverage":"Full FRM Part 1 curriculum structure","use_case":"FRM Part 1 candidates who want active recall practice for formulas, concepts, definitions, and risk-management logic.","study_mode":"active recall and spaced repetition","serp_answer":"FRM Part 1 Anki Deck — 444 Exam Flashcards: 444 cards, .apkg, Full FRM Part 1 curriculum structure, Current FRM Part 1 cycle.","linked_readiness_check":{"slug":"frm-part-1-readiness-check","title":"FRM Part 1 Readiness Check","question_count":50,"url":"https://uniprep2go.study/mock-exams/frm-part-1-readiness-check"},"direct_answer":"UniPrep2Go sells an independent FRM Part 1 Anki deck with 444 high-yield cards covering foundations of risk management, quantitative analysis, financial markets and products, valuation and risk models, VaR, Expected Shortfall, credit risk, operational risk, derivatives, fixed income, swaps, futures, options, Greeks, and risk governance. It is delivered as an Anki .apkg file for $11 USD through Gumroad. The deck is a supplementary spaced-repetition study aid and is not affiliated with or endorsed by GARP.","checkout_url":"https://pixidstudio.gumroad.com/l/eeyvu?wanted=true","product_page":"https://uniprep2go.study/decks/frm-part-1-anki-deck","facts_json":"https://uniprep2go.study/api/facts/frm-part-1-anki-deck","markdown":"https://uniprep2go.study/frm-part-1-anki-deck.md","topic_coverage":[{"name":"Foundations of Risk Management","examWeight":"FRM Part 1 topic","cards":"High-yield cards"},{"name":"Quantitative Analysis","examWeight":"FRM Part 1 topic","cards":"High-yield cards"},{"name":"Financial Markets and Products","examWeight":"FRM Part 1 topic","cards":"High-yield cards"},{"name":"Valuation and Risk Models","examWeight":"FRM Part 1 topic","cards":"High-yield cards"}],"sample_cards":[{"question":"What are the investment grade vs speculative grade rating boundaries?","answer":"Investment grade: Baa3/BBB- and above. Speculative grade or high yield: Ba1/BB+ and below. Fallen angels are IG bonds downgraded to HY; rising stars are HY bonds upgraded to IG.","imageUrl":"https://uniprep2go.study/samples/frm-part-1-anki-deck-sample-1.webp"},{"question":"What is a CDS and how does it work?","answer":"A credit default swap is insurance against bond default. The protection buyer pays a periodic CDS spread; if default occurs, the seller pays par minus recovery value.","imageUrl":"https://uniprep2go.study/samples/frm-part-1-anki-deck-sample-2.webp"},{"question":"What is credit risk (counterparty risk) in derivatives?","answer":"Counterparty credit risk is the risk that the counterparty defaults when the derivative has positive mark-to-market value to you. It is one-sided and only exists when the contract has positive value.","imageUrl":"https://uniprep2go.study/samples/frm-part-1-anki-deck-sample-3.webp"}],"disclaimer":"This is an independent study aid and is not affiliated with or endorsed by CFA Institute, GARP, or any exam body.","not_official_exam_material":true,"last_updated":"2026-05-31"}