Hi everyone, today I want to share my journey of preparing for the GARP FRR exam—that’s Financial Risk and Regulation.


I began my preparation in February 2025, and honestly, I was surprised to see how little dedicated material was available. Unlike FRM, which has plenty of resources, FRR mostly relies on official GARP content. Even AI tools and question banks are usually built on FRM data, which makes preparing for FRR more challenging.

Here’s what I noticed: FRM questions are more logical and concept-driven, while FRR questions focus heavily on facts, figures, and numbers. The exam often gives options that look very similar, which can be tricky. In my exam, I saw about 8–9 numerical questions. If you’re not strong in math, don’t worry—you can still manage by focusing on formulas and practicing straightforward to medium-level problems.

During my preparation, I solved around 4,000 MCQs. Later, I realized most of them were FRM-based, but they still helped me strengthen my concept. Over time, I understood that FRR follows a different pattern, yet all that practice gave me confidence.

On average, I studied 3 to 4 hours daily and worked through about 1,500 to 1600 FRR-specific MCQs.

My advice is to first go through the chapter-wise questions provided by GARP, and then practice with simulators. Even though the GARP mcqs set is limited, it’s very useful to get a sense of the exam style.

Now, one key difference: the FRR simulator allows only 90 minutes, while the main exam is 175 minutes—but both have 80 questions. So, don’t get discouraged if you struggle with the simulator at first. It’s designed to prepare you for time pressure.

Because of the limited resources, I created my own question bank with 1,500 FRR-focused MCQs. You can download a free sample from my website, and if you find it useful, the full version is also available for purchase there.
www.frrprep.org, for more details, you can also reach me at frrprep@gmail.com.

One final tip: prepare yourself mentally. The exam can feel exhausting, but with consistent practice and the right mindset, it’s absolutely doable.

And remember—if you have any questions, feel free to email me. Even if you don’t buy my material, I’ll be glad to help.

Wishing you all the best in your FRR journey!

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