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Beirut, Lebanon




Proudly Offers




Financial Risk Manager

FRM


Preparatory Courses

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IFA Profile


IFA, The institute for Financial Analysts is a firm specialized in offering preparatory courses
and seminars for professional designations such as the Chartered Financial Analyst (CFA),
Certified Valuation Advisor (CVA), Islamic Finance Qualification (IFQ) and the Financial Risk
Manager (FRM) programs.

The multitude of review courses are offered by IFA in Kuwait, Saudi Arabia, United Arab
Emirates, Qatar, Bahrain, Jordan and Egypt and have been expanding at an impressive rate.

IFA faculty holds the CFA charter, FRM certification, CVA designation or Ph.D. in Finance with
years of teaching experience. The success of our candidates is unsurpassed in Lebanon and
this is what got us the reputation of being the undisputed leader in CFA review courses in
Lebanon, with more than double the pass rate of the competition.

IFA is also the regional distributor of Schweser study material in the Middle East.

FRM Certification

The Financial Risk Manager (FRM) is the certification recognized among financial risk
professionals worldwide, with 17,673 FRM holders in 90 countries across the globe.

Financial risk management is one of the hottest skill sets to have in the financial services
industry today that offers excellent visibility and outstanding earnings potential. The
profession has seen considerable growth over the past 15 years fueled by the complexity of
financial products, increased regulation and recent notable failures.

Like other careers in finance, having an advanced degree and certification helps to increase
your career potential in financial risk management. FRM holders occupy positions such as
Chief Risk Officer, Senior Risk Analyst, Head of Operational Risk, and Director, Investment
Risk Management, to name a few. If you are in financial risk management, or considering a
career in it, then earning your FRM is the next natural step.

Certificate Requirements

In order to be certified as a Financial Risk Manager (FRM

) and be able to use the FRM

acronym after your name, the following is required:

A passing score on the FRM Examination (on each of the two levels of the certificate).

Active membership in the Global Association of Risk Professionals.

A minimum of two years experience in the area of financial risk management or
another related field including, but not limited to, trading, portfolio management,
academic or industry research, economics, auditing, risk consulting, and/ or risk
technology.
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Earning the right to use 'FRM' after your name, demonstrates professionalism and dedication
to the profession.

FRM Topics and Exam Weights

FRM PART I:

Quantitative Analysis ----------------------------------------- 20%
Foundations of Risk Management -------------------------- 20%
Financial Markets and Products ---------------------------- 30%
Valuation and Risk Models ----------------------------------- 30%

FRM PART II

Market Risk Measurement and Management ------------ 25%
Credit Risk Measurement and Management-------------- 25%
Operational and Integrated Risk Management----------- 25%
Risk Management and Investment Management -------- 15%
Current Issues in Financial Markets ------------------------ 10%

IFA Study Plan: Why Engage IFA?

Candidates joining IFAs FRM study programs will be offered a complete package of study
sessions and assistance that shall help them in ensuring a successful completion of the
examination, provided a sufficient level of study and preparation effort from their part.

IFA thus offers its candidates:

Full and rigorous live study classes grouped in 4 modules (60 hours) taught by our top-
notch faculty that would collectively cover all the topics of the level.
A complete package of study material including outlines of the readings and solutions
The original SCHWESER Review material and preparation notes that comprehensively
cover all study sessions of the program
Self assessment exams
Mock exam (full day to simulate the big day)

Benefits of FRM Certification

You will be recognized across the globe as a leader in financial risk management.

You will be more desirable to executive recruiters and hiring managers since they are
now seeking FRM holders for senior risk management jobs more than ever before.

The FRM professional certification differentiates you from your peers.

Studying the broad concepts underlying risk management in today's dynamic market
environment will give you a holistic view and appreciation for the role risk
management plays in an enterprise.

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Provides you with the feeling of personal achievement and the satisfaction of
conquering an exam developed by the best risk management practitioners in the
world.

Objectively benchmarks your knowledge of the major strategic disciplines of financial
risk management:
Market Risk
Credit Risk
Operational Risk
Risk Management in Investment Management

Allows you to join an elite group of 17,673 FRMs across the globe with the only risk
management certification recognized worldwide.

Expands your personal and professional opportunities within the world of finance.

Provides you with the ability to network with some of the world's leading financial
risk management professionals.

Exam Deadlines

-- 19-May-12 17-Nov-12
Early Dec. 1, 2011 - Jan 31, 2012 Dec. 1, 2011 - July 31, 2012
Standard Feb. 1 - Feb 28, 2012 Aug. 1 - Aug. 31, 2012
Late March 1 - April 15, 2012 Sept. 1 - Oct. 15, 2012

Exam Fees
2011 FRM Exam Part I Early Standard Late
Enrollment Fee $300 $300 $300
Exam Registration Fee $350 $475 $650
Total $650 $775 $950

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Faculty

Our knowledgeable and highly qualified faculty, are specialists in their fields. They have had
extensive teaching experience or are active investment professionals. They have consistently
demonstrated an ability to convey complex material in an informative and effective manner
and have all earned Ph.D., FRM or CFA

charter.

Dr. Assem Safieddine is the Managing Director of IFA, The Institute for Financial Analysts
and the chairperson of the Finance, Accounting and Managerial Economics Track, the director
of the Corporate Governance Program at The American University of Beirut- AUB. He is the
founding president of the Lebanese CFA Society and the regional director of the Global
Association of Risk Professionals (GARP) and the president of the Lebanese Risk Management
Society. He has served as an advisor notably on corporate governance for several
multinational companies and organizations including IFC, Al Badie Group, Aramco and others.

Dr. Safieddine holds a Ph.D. in finance from Boston College, and has held faculty appointment
at Michigan State University for five years and visiting faculty appointment at Harvard
University Summer School for more than four years. His research has been published in
leading finance journals like the Journal of Finance, Journal of Financial Economics, and the
Journal of Financial and Quantitative Analysis, and his work has been profiled in the Business
Week, Harvard Business Review, CFA Digest and the National Bureau of Economic Research
along with others.
Mr. Khaled Abdel Samad is a Financial Risk Manager (FRM). He holds an MBA with
Distinction from the Lebanese American University. For the past year, he has been serving as
the Head of the Credit Risk Department and Basel II Project Manager at Lebanon and Gulf
Bank.

Mr. Ghazi Homsi has a BS in Economics from the Lebanese University, he holds an MBA
(emphasis Finance) from the Lebanese American University and he is currently a CFA
Candidate for Level III. Mr. Homsi has worked for 6 years as Deputy Manager at the Center for
Banking Studies, founded by the Association of Banks in Lebanon and Saint Joseph University,
and he is currently a member of IFA faculty. Mr. Homsi also teaches at the Lebanese American
University and the American University in Beirut.

Mr. Marwan Chbaklo is a Chartered Financial Analyst (CFA), he has a BE in Electrical
engineering from AUB in 1996. He holds an MBA from the Lebanese American University; he
also worked as a Finance Manager. After receiving the CFA designation in 2003, Mr. Chbaklo
worked as managing partner in a biomedical engineering firm, heading the marketing and
finance departments. Mr. Chbaklo also worked as a part time instructor at AUB and LAU in
2006. Starting 2007, he started working for the IFA as a lecturer covering CFA subjects and
financial modeling.

Mr. Haytham Moussa holds a Bachelor degree in Banking and Finance as well as an MBA
with Distinction from the Lebanese American University. He has been teaching at the
Lebanese American University Continuing Education Program (CEP) and is currently a faculty
member at IFA.



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Contact Information

For more information about the designation, please visit FRM website:
www.garp.com


For more information about the training program or for registration for our FRM review
course, please contact:




Institute for Financial Analysts- IFA at:

P.O. Box 113-5245
Beirut, Lebanon
Telephone: +961 1 366 535
Mobile: +961 3 647 350
Facsimile: +961 1 366 535
Email: instffa@instffa.com
Website: www.instffa.com