SIMULATE THE TEST ENVIRONMENT AS CLOSELY AS POSSIBLE.TO AID CANDIDA...

2. Simulate the test environment as closely as possible.

to aid candidates in their preparation for the FRM Exam in

May and November 2015. These Practice Exams are based

Take each Practice Exam in a quiet place.

Have only the practice exam, candidate answer

on a sample of questions from the 2011 through 2014 FRM

sheet, calculator, and writing instruments (pencils,

Exams and are suggestive of the questions that will be in

erasers) available.

the 2015 FRM Examination.

Minimize possible distractions from other people,

The 2015 FRM Practice Exam for Part I contains 25

cell phones and study material.

multiple-choice questions and the 2015 FRM Practice Exam

Allocate 60 minutes for the Practice Exam and

for Part II contains 20 multiple-choice questions. Note that

the 2015 FRM Exam Part I will contain 100 multiple-choice

set an alarm to alert you when 60 minutes have

passed. Complete the exam but note the questions

questions and the 2015 FRM Exam Part II will contain

answered after the 60 minute mark.

80 multiple-choice questions. The Practice Exams were

designed to be shorter to allow candidates to calibrate

Follow the FRM calculator policy. You may only use

a Texas Instruments BA II Plus (including the BA II

their preparedness without being overwhelming.

Plus Professional), Hewlett Packard 12C (including

The 2015 FRM Practice Exams do not necessarily cover

the HP 12C Platinum and the Anniversary Edition),

all topics to be tested in the 2015 FRM Exam as the material

Hewlett Packard 10B II, Hewlett Packard 10B II+ or

covered in the 2015 Study Guide may be different from

Hewlett Packard 20B calculator.

that covered by the 2011 through 2014 Study Guides. The

questions selected for inclusion in the Practice Exams were