FRM Pass Rate and Grading

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.

Year	FRM Part I Exam	FRM Part II Exam
2009	55.2
May-10	52.5	54
Nov-10	39.3	54.9
May-11	53.1	61.6
Nov-11	46.6	57
May-12	47.3	61.1
Nov-12	46.7	56
May-13	45.9	56.8
Nov-13	50.9	58
May-14	42.5	58.1

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.