What is the format of the Level 2 FRM Exam?
The Level 2 FRM Exam is second exams in the new Expanded FRM Program. The Level 2 Exam will be offered for the first time in May 2010 and is a 4-hour exam containing between 80 and 100 multiple-choice questions. The exam is split into two equal sections of 2 hours each and is given in booklet form.