Study Packages for the FRM® Part II Exam
Part II of the FRM® Exam focuses on the application of tools used to assess financial risk and consists of 80 multiple-choice questions. You will be tested on your ability to read a question, analyze it, and apply concepts to it. The pass rate for the Part II November 2023 exam was 53%. A commonly cited reason for the low pass rate is the variations in exam questions. Some are straightforward, others appear straightforward but have a trick to them, and the wording of others can be confusing. All of our packages combine multiple study tools and access to an exclusive community forum to help you learn the material and apply your knowledge on exam day. Choose one of Kaplan Schweser's industry leading study packages below, or compare your package options.
Premium for the FRM® Part II Exam
Start with the customizable Activity Feed to guide your study plan, and then master the entire FRM Part II curriculum with our proven, concise study materials. Test your knowledge with hundreds of exam-like questions in the QBank. Attend 15 OnDemand Class sessions covering all 104 readings and learn directly from seasoned FRM experts in our convenient online classroom. Finally, retain the critical information you’ve learned with our OnDemand Review and gauge your exam readiness with realistic Mock Exams. Don’t settle when it comes to your preparation…go into exam day with the complete confidence you need to pass!
Clear, concise study notes and examples that cover every learning objective (LO) plus questions to check your understanding. Available from anywhere with the Kaplan Schweser app.
Two full-length mock exams that closely resemble the difficulty and length of the actual FRM exam.
This compact study tool summarizes key formulas, definitions, and concepts.
Access our community forum to engage with our experts and other FRM candidates to post questions, find answers, and engage in meaningful discussions throughout your studies.
Purchase Options
May Exam
Select this package if you are sitting for the May 2025 exam. All products and materials are the same for each window, but shipping and release dates differ by window.
August Exam
Select this package if you are sitting for the August 2025 exam. All products and materials are the same for each window, but shipping and release dates differ by window.
November Exam
Select this package if you are sitting for the November 2025 exam. All products and materials are the same for each window, but shipping and release dates differ by window.
Essential Packages for the FRM® Part II Exam
Use the Activity Feed to guide your study plan at your preferred pace. Candidate-favorite SchweserNotes™ will help you master the difficult FRM Part I curriculum and then utilize the QBank to gain access to hundreds of practice questions. Then, gauge your exam readiness with realistic Mock Exams. With this comprehensive collection of proven study tools, you’ll have a solid foundation to pass the FRM Exam the first time.
What's Included:
Clear, concise study notes and examples that cover every learning objective (LO) plus questions to check your understanding. Available from anywhere with the Kaplan Schweser app.
Two full-length mock exams that closely resemble the difficulty and length of the actual FRM exam.
This compact study tool summarizes key formulas, definitions, and concepts.
Access our community forum to engage with our experts and other FRM candidates to post questions, find answers, and engage in meaningful discussions throughout your studies.
Purchase Options
May Exam
Select this package if you are sitting for the May 2025 exam. All products and materials are the same for each window, but shipping and release dates differ by window.
August Exam
Select this package if you are sitting for the August 2024 exam. All products and materials are the same for each window, but shipping and release dates differ by window.
November Exam
Select this package if you are sitting for the November 2025 exam. All products and materials are the same for each window, but shipping and release dates differ by window.
FRM Part II Package FAQs
How to Pass the FRM Part II Exam:
- Tip #1: Become Familiar with the FRM® Exam Topics
- Tip #2: Start Studying Early
- Tip #3: Structure Your Study and Preparation
- Tip #4: Focus on Practicing in the Final Weeks Before Each FRM® Exam
- Tip #5: Have a Game Plan for Staying Calm on Exam Day
Read more about how to increase the likelihood you'll pass the FRM Part II exam.
Kaplan Schweser releases a new version of products every year as the FRM curriculum changes. Shared use is strictly prohibited.
Expiration Date of Access to Online Products | |||||
Part | November 2024 Exam | May 2025 Exam | August 2024 Exam | November 2025 Exam | |
Part I | December 31, 2024 | June 30, 2025 | September 30, 2025 | December 31, 2025 | |
Part II | December 31, 2024 | June 30, 2025 | September 30, 2025 | December 31, 2025 | |
The FRM Exam Part I focuses on the tools used to assess financial risk and has more questions than Part II. Part II focuses on the application of the tools, and it is always offered in the afternoon. Read More »