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Which is more valuable FRM or PRM?
In the Finance world, which is more valued FRM - Financial Risk Manager or PRM - Professional Risk managers certification? Which one would you choose of the two. Would value replies with someone who has any of the following certifications - CPA, CFA, FRM, PRM, CAIA, FP. Also, please state the certification you may have.
- 1 decade agoFavorite Answer
They are both almost equally well respected within the financial industry. The two qualifications are very similar in rigor and scope, and are treated at par for recruitment purposes.
But since FRM has existed since sevaral years before the PRM came into existence, it is generally more popular and better known OUTSIDE risk management circles. Although the high cost of FRM to obtain and to maintain as compared to PRM, and the fact that FRM is awarded by a for-profit organization makes it less attractive to risk professionals.
I am currently pursuing CFA and PRM qualifications.
- Anonymous7 years ago