I took the FRM exam last year and just passed CFA 1 in June this year. Mathematics requirements are not particularly high, and there is no particularly complicated mathematical principle, but the basic knowledge of probability theory and statistics is required to be solid.

At present, it is obvious that CFA is more recognized. But it depends on what you do in the future. If you are an investment bank, you may pay more attention to CFA. If you are a commercial bank, FRM is also good. However, they are not absolute. In fact, for the entry, it is only a bonus, but it is not sufficient and unnecessary.

The difficulty of FRM is similar to CFA level 2. CFA also has certain requirements for financial knowledge.

If you choose between the two, I suggest you take CFA. If you have energy and economic reserves, I suggest you take CFA and FRM alternately. CFA cycle is relatively long, Level 3 must be tested in three years, and FRM can be done in one year.

I hope my answer can help you solve the problem. If you are satisfied, please adopt it as the best answer.

Thank you again for your question. More accounting questions are welcome to be submitted to enterprises in Gao Dun.

Gao Dun wishes you a happy life!