FRM — Financial Risk Management · HANDS-ON LAB · PAID

Hands-on Labs — FRM (Financial Risk Management)

FRM-LABS

150 hands-on FRM workshops across 10 risk modules, both certification exam simulators and the interview preparation toolkit - one purchase, everything in your dashboard.

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← All FRM labs

153 hands-on labs that open in your browser, kept in your dashboard

This is an independent BISP practice product. It is not a GARP FRM certification, exam result, endorsement, or a reproduction of live exam questions.

WHAT YOU GET

153 labs across 12 modules

One purchase opens every one of them.

Foundations of Risk Management Workshops 1–20 20 labs

Agency Risk
Basel Risk Governance
Building a Risk Management Framework
Corporate Governance Failure
CRO Decision Simulation
CRO War Room
Diversification
Economic Capital
Enterprise Risk Taxonomy
Hedging vs Speculation
Moral Hazard
Reverse Stress Testing
Risk-Adjusted Performance — RAROC
Risk Appetite vs Risk Capacity
Risk Concentration
Risk Culture
Risk Dashboard
Risk Limits — Trading Desks
Stress Testing Framework
Three Lines Model

Quantitative Analysis Workshops 21–40 20 labs

AR Models
Bayes' Theorem
Conditional Probability
Confidence Intervals
Correlation
Covariance
EWMA
Expected Value
Hypothesis Testing
Linear Regression
Lognormal Distribution
Monte Carlo Simulation
Multiple Regression
Normal Distribution
Probability Foundations
Quant Risk Lab
Random Variables
Time-Series Analysis
Type I / II Errors
Variance & Standard Deviation

Financial Markets & Products Workshops 41–60 20 labs

Binomial Model — Price an Option
Black-Scholes
Bond Pricing
Commodity Futures
Convexity
Currency Swap — Cross Border Financing
Derivatives Trading Desk — Multi Asset Portfolio
Duration
Equity Futures
Forward Rates
Forward Rate Agreements (FRA)
FX Forward
Greeks
Interest-Rate Futures
Interest-Rate Swap
Modified Duration
Options Fundamentals
Put-Call Parity
Yield Curve
Yield to Maturity

Valuation & Risk Models Workshops 61–80 20 labs

1-Day vs 10-Day VaR — Scaling Analysis
95% vs 99% VaR
Backtesting — VaR Exception Analysis
Component VaR — Allocate Portfolio VaR
Correlation Breakdown — Crisis Scenario
Delta-Gamma Risk — Nonlinear Exposure
Delta-Normal VaR
Expected Shortfall
Historical VaR
Incremental VaR
Marginal VaR
Model Risk
Model Risk — Interactive Lab From Delta Normal
Monte Carlo VaR — Simulation Based VaR
Parametric VaR — Equity Portfolio
Scenario Analysis — Rates FX Equity Shock
Stress Testing
VaR Control Room — Full VaR Monitoring System
VaR Fundamentals
Volatility Models

Market Risk Workshops 81–95 15 labs

Basis Risk
Commodity Risk — Energy Portfolio
Correlation Risk
Equity Market Risk
Flash Crash — Intraday Risk Investigation
FX Risk
Gamma Risk
Interest-Rate Risk — Bond Book Shock
Liquidity-Adjusted VaR — Illiquid Portfolio
Market Risk Officer Simulation
Market Stress
P&L Attribution
Trading Limits
Vega Risk — Volatility Shock
Volatility Risk — Options Book

Credit Risk Workshops 96–115 20 labs

Collateral — CSA Impact
Concentration Risk — Sector Concentration
Counterparty Credit Risk — Derivatives Portfolio
Credit Committee Simulation — Corporate Exposure
Credit Default Swap — Price Protection
Credit Portfolio Risk — 100 Borrower Portfolio
Credit Rating Migration — Migration Matrix
Credit Spread — Bond Default Premium
Credit Stress Test — Recession Scenario
CVA — Counterparty Valuation Adjustment
Expected Loss — PD LGD EAD
Exposure at Default — Revolving Facility
Loss Given Default — Secured Loan
Mortgage Portfolio — Default Stress
Netting — Calculate Exposure Reduction
Probability of Default — Corporate Borrower
Securitization — Tranche Loss Allocation
Structural Credit Model — Merton Style
Unexpected Loss — Credit Capital
Wrong-Way Risk — Counterparty Exposure

Operational & Resilience Risk Workshops 116–128 13 labs

Business Continuity — Disaster Scenario
Cyber Risk — Ransomware Event
External Fraud — Payment Fraud Scenario
Internal Fraud — Rogue Trader Investigation
Key Risk Indicators — Build KRI Dashboard
Model Failure — Pricing Error
Operational Loss Data — Analyze Event Database
Operational Risk Taxonomy — Categorize 50 Events
Operational Risk War Room — Manage Major Bank Outage
Risk & Control Self-Assessment — Complete RCSA
Scenario Analysis — Severe Operational Event
Technology Failure — Trading System Outage
Third-Party Risk — Cloud Vendor Outage

Liquidity & Treasury Risk Workshops 129–138 10 labs

Asset-Liability Management — Repricing Gap
Bank Run Simulation — Hour by Hour Liquidity Crisis
Cash-Flow Stress — 30 Day Liquidity Forecast
Contingency Funding Plan — Emergency Funding Playbook
Deposit Behaviour — Model Deposit Withdrawals
Funding Liquidity Risk — Deposit Run
LCR — Calculate Liquidity Coverage Ratio
Liquidity Gap — Maturity Ladder
Market Liquidity Risk — Forced Asset Liquidation
NSFR — Stable Funding Analysis

Investment Risk Management Workshops 139–144 6 labs

CAPM — Beta and Expected Return
Factor Models — Decompose Portfolio Risk
Information Ratio — Portfolio Manager Evaluation
Portfolio Optimization — Efficient Frontier
Portfolio Risk Manager — Rebalance 1B Investment Portfolio
Tracking Error — Active Portfolio

Integrated Crisis Workshops Workshops 145–150 6 labs

FRM Chief Risk Officer Simulation
Counterparty Collapse — Major Derivatives Counterparty Defaults
COVID-Style Market Shock
GlobalBank 2008 Crisis
Interest Rate Shock
Regional Bank Run

Certification Exam Simulators Part I & Part II 2 labs

FRM Part I Practice & Test Simulator
FRM Part II — Advanced Financial Risk Modeling

Interview Preparation Toolkit 1 labs

FRM Interview Preparation Toolkit