What’s the FRM Exam Pass Rate and how are you graded?

In May 2014, the FRM Exam pass rates were as follows:

Part I – 42.5%

Part II – 58.1%

The following table provides the historical pass rates for FRM exam.

YearFRM Part I ExamFRM Part II Exam
200955.2
May-1052.554
Nov-1039.354.9
May-1153.161.6
Nov-1146.657
May-1247.361.1
Nov-1246.756
May-1345.956.8
Nov-1350.958
May-1442.558.1

The grading system for FRM exam is based on percentiles.

If you are in the top 25% of students, you get grade 1.

If you are in top 25% to 50% students, you get Grade 2, and so on.