Finance Exams
FRM Part 1 Anki Deck — 444 Exam Flashcards
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.
Product facts
- Cards
- 444
- Coverage
- Full FRM Part 1 curriculum structure
- Format
- .apkg
- Price
- $11 USD
- Checkout
- Gumroad
- Exam cycle
- Current FRM Part 1 cycle
- Delivery
- Digital download through Gumroad (364 KB)
Coverage by exam topic
| Topic | Exam weight | Cards |
|---|---|---|
| Foundations of Risk Management | FRM Part 1 topic | High-yield cards |
| Quantitative Analysis | FRM Part 1 topic | High-yield cards |
| Financial Markets and Products | FRM Part 1 topic | High-yield cards |
| Valuation and Risk Models | FRM Part 1 topic | High-yield cards |
Sample cards
What are the investment grade vs speculative grade rating boundaries?
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.
What is a CDS and how does it work?
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.
What is credit risk (counterparty risk) in derivatives?
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.
FAQ
What does the FRM Part 1 deck include?
444 high-yield Anki cards covering the FRM Part 1 curriculum structure, including formulas, definitions, examples, common mistakes, and exam-style recall prompts.
Is this a question bank?
No. It is a spaced-repetition study deck designed to help you remember formulas, concepts, definitions, and risk-management logic efficiently.
Does it support formulas?
Yes. Formula cards use MathJax so equations remain sharp and readable in Anki.
What file format is delivered?
An Anki-compatible .apkg file delivered through Gumroad.
Is this affiliated with GARP?
No. This is an independent study aid and is not affiliated with, endorsed by, or sponsored by GARP. FRM is a trademark of the Global Association of Risk Professionals.
Last updated 2026-05-31.