Books for FRM Part 1 Exam
The Financial Risk Manager (FRM) Exam is a rigorous exam and tests your knowledge on four topics:
- Foundations of Risk Management
- Quantitative Analysis
- Financial Markets and Products
- Valuation and Risk Models
For each of these topics, GARP prescribes reading material which is essentially a collection of chapters taken from different books. To prepare for FRM exam you can buy these readings and that's sufficient. However, it may be a good idea to buy the full books as they are a very good set of books which will always be good reference for any risk manager. Below I have listed all the books that you need to prepare for FRM Exam Part 1.
Foundations of Risk Management
Modern Portfolio Theory and Investment Analysis
Portfolio Theory and Performance Analysis (The Wiley Finance Series)
Risk Management in Finance: Six Sigma and other Next Generation Techniques (Wiley Finance)
Financial Risk Management: A Practitioner's Guide to Managing Market and Credit Risk (Wiley Finance)
Quantitative Analysis
Mathematics and Statistics for Financial Risk Management (Wiley Finance)
Introduction to Econometrics (3rd Edition) (Addison-Wesley Series in Economics)
Value at Risk: The New Benchmark for Managing Financial Risk, 3rd Edition
Options, Futures, and Other Derivatives and DerivaGem CD Package (8th Edition)
Financial Markets and Products
Options, Futures, and Other Derivatives and DerivaGem CD Package (8th Edition)
Derivatives Markets (3rd Edition) (Pearson Series in Finance)