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FRM eBooks

March 10, 2025

Free eBook—SchweserNotes™: FRM Foundations

Kaplan Schweser

Get an inside look at Kaplan Schweser’s cornerstone FRM® Exam review tool. In this introductory topic from our FRM Part I Book 1 SchweserNotes™, we introduce fundamental risk management concepts that are integral to the risk management industry. The topic begins by defining the concepts of risk and risk management and outlines the general risk management process and its potential shortcomings. We also explain types of risk measures, fundamental concepts underlying risk and reward, and the different classifications of risk. This topic is a brief but informative overview of the risk management concepts you will encounter in the FRM Program.

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