FRM Part 2 Score Calculator - Topic-weighted exam score

The FRM Part 2 Score Calculator helps candidates turn the number of questions they answer correctly in each GARP topic into a single weighted result. FRM Part II is a 100-question, multiple-choice exam that shifts from the toolkit of Part I to applied risk: how firms measure and manage market, credit, operational, and liquidity risk, how they invest under risk constraints, and what current issues are shaping the field. Many candidates want a quick, honest read on where they stand before the real sitting. This tool converts your expected correct answers per topic into a weighted score out of 100, a set of per-topic percentages, and a plain-language pass outlook, so you can find weak spots and aim your remaining study time.

• • Practice-exam review: Enter your real practice-exam tally to see a weighted score and where points were lost across the six topics.
• • Study prioritization: Compare topic percentages to decide where extra review earns the most points given the uneven topic weights.
• • Goal setting: Set a target weighted score and work backward to the correct answers required per topic.
• • Mock planning: Model different scoring scenarios before the actual exam window opens.

GARP weights the six Part II topics so that Market Risk, Credit Risk, and Operational Risk each carry 20 percent of the exam, Liquidity and Treasury Risk and Investment Management each carry 15 percent, and Current Issues carries 10 percent. Those weights also determine how many questions appear in each topic, which is why this calculator asks for correct answers rather than raw percentages.

Use the result as a planning signal, not a promise. GARP does not publish a numeric pass mark, so any outlook here is an educational estimate based on common scoring discussion, not an official threshold.

Part II is the second of two exams GARP requires for the FRM designation, and it must be passed within four years of passing Part I. A strong Part II weighted score matters because it is the exam that completes the credential, not because it feeds into another test.

If you are studying both levels, the FRM Part 1 Score Calculator applies the same weighted-score logic to the four Part I topics you take first.

The FRM Part 2 Score Calculator applies GARP's published topic weights to your correct-answer counts and returns a weighted score plus per-topic percentages. Because GARP allocates questions in proportion to the weights (20, 20, 20, 15, 15, 10), the heavier topics simply hold more questions. Every correct answer counts as one point, so the 100-point total already reflects the topic weighting without any extra multiplier, which keeps the math transparent.

• Market Risk: Correct answers out of 20 questions (weight 20%).
• Credit Risk: Correct answers out of 20 questions (weight 20%).
• Operational Risk: Correct answers out of 20 questions (weight 20%).
• Liquidity and Treasury Risk: Correct answers out of 15 questions (weight 15%).
• Investment Management: Correct answers out of 15 questions (weight 15%).
• Current Issues: Correct answers out of 10 questions (weight 10%).

Per-topic percentages tell you where points are leaking. A 66.7% on Liquidity costs fewer raw points than the same percentage on Market Risk, because Liquidity holds 15 questions instead of 20.

The pass outlook band splits results at 60 and 70 weighted points. These cutoffs are planning aids; GARP's actual pass decision uses a confidential, relative standard rather than a fixed percentage.

According to Global Association of Risk Professionals (GARP), the FRM Exam Part II consists of 100 multiple-choice questions covering six topics weighted 20%, 20%, 20%, 15%, 15%, and 10%.

For another multi-topic finance credential, the CFA Level 2 Score Calculator shows how weighted item-set results roll up into one trackable score.

Four ideas explain why a weighted score behaves the way it does and what your number really means when you sit down to study for Part II.

Three topics carry 60 percent of the exam. Ignoring Market, Credit, or Operational Risk leaves the majority of the test uncovered, which is the most common way strong candidates still finish with a weak weighted score.

Current Issues is the smallest slice at 10 percent. It is worth studying for completeness, but even a perfect 10 of 10 there adds less to the weighted score than a few extra Market Risk points.

To compare how a different body weights its exam sections, the CFA Level 1 Score Calculator walks through the CFA Level I topic weights you can benchmark against.

Enter your expected or actual correct answers per topic, then read the outputs top to bottom for a complete picture.

1. 1 Gather your tallies: Collect correct-answer counts from a practice exam or a realistic self-assessment for each of the six topics.
2. 2 Enter the 20-question topics: Type correct answers out of 20 for Market, Credit, and Operational Risk.
3. 3 Enter the 15-question topics: Type correct answers out of 15 for Liquidity and Treasury Risk and for Investment Management.
4. 4 Enter Current Issues: Type correct answers out of 10 for Current Issues in Financial Markets.
5. 5 Read the weighted score: Note the headline weighted score out of 100; it updates as you type and reflects every topic at once.
6. 6 Scan per-topic percentages: Compare the six percentages to see which topic is dragging the weighted score down the most.

If your practice exam shows Market 16/20, Credit 15/20, Operational 14/20, Liquidity 12/15, Investment 11/15, and Current Issues 4/10, the weighted score is 72, with percentages of 80%, 75%, 70%, 80%, 73.3%, and 40%.

When you want to see how a different adaptive exam converts section results into one number, the GMAT Focus Score Calculator maps section scores to a composite you can plan around.

A weighted score turns vague practice results into decisions you can act on before exam day arrives.

• • Spot the heaviest topics: Market, Credit, and Operational Risk together are 60% of the exam, so the calculator makes their priority obvious at a glance.
• • Plan study by point value: Per-topic percentages show where an extra correct answer changes your score the most.
• • Track progress over time: Re-enter tallies from each mock to watch your weighted score climb as preparation continues.
• • Set a realistic target: A target weighted score lets you work backward to the correct answers you need per topic.
• • Reduce exam anxiety: A clear number replaces guesswork, helping you walk into the testing center with a known baseline.

Candidates often over-invest in the topics they enjoy and under-invest in the ones that carry the most weight. Because the six topics are weighted rather than equal, an hour spent on Market Risk is worth more than an hour spent on Current Issues, so the calculator's emphasis on the heavier topics reflects how study time actually converts into points. The weighted score redirects that effort toward the questions that move the result.

Because the output updates live, you can test 'what if' scenarios, such as trading a few Current Issues points for a few Market Risk points, and see the net effect immediately.

If you hold multiple credentials, the CPA Exam Score Calculator explains how another section-weighted professional exam turns practice results into a study plan.

Several conditions change how much you should trust a weighted score from the FRM Part 2 Score Calculator, and where the estimate stops being useful.

• • GARP does not publish a passing percentage, so the 60/70 bands are educational planning aids, not official cutoffs.
• • A weighted score summarizes correctness but says nothing about the difficulty mix of the questions you attempted.
• • This tool estimates a score from inputs you provide; it cannot know your actual exam form or the live curve.

Treat the outlook as a direction, not a verdict. Candidates with borderline weighted scores often pass, and candidates with strong scores can still fall short if the live exam's relative standard is unusually high.

Use the per-topic percentages as the actionable layer. They map directly to study priorities, while the single weighted score is best for tracking overall momentum across mocks.

According to Wikipedia — Financial Risk Manager, FRM Part II covers applied risk topics and GARP reports results as pass/fail with per-topic quartile feedback rather than a published numeric cutoff.

To see how a securities exam handles its own cut-score uncertainty, the Series 7 Exam Score Calculator discusses the same confidential-pass-standard issue from a different exam.