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About Risk Master FRM1

Master FRM Part 1 on your phone, with no connection required.

RiskMaster FRM1 is a focused practice app for candidates sitting the FRM Part 1 exam.
It gives you 1,000 original practice questions, full-length mock exams that mirror the
real paper, and the formulas you actually need - all stored on your device and usable
on a plane, on the subway, or anywhere with no signal.

WHAT YOU GET

- 1,000 practice questions across the four official topic areas, weighted the way the
exam is weighted: Foundations of Risk Management (150 items), Quantitative Analysis
(250), Financial Markets and Products (300), Valuation and Risk Models (300).

- 22 study units that break each topic into digestible blocks, so you can drill one
concept at a time.

- A question browser that lets you pick any question in the bank. Search by keyword,
filter by topic, or filter by status - unseen, previously missed, or saved.

BUILT TO MATCH THE REAL EXAM

- Full mock: 100 questions, 240 minutes, no negative marking. Items are sampled
20 / 20 / 30 / 30 across the four topic areas to match the published blueprint.

- Flag items, jump anywhere with the question grid, and leave the app without losing
your place: the paper resumes with the same answers and the same time remaining.

- The clock does not pause when you background the app, and the
paper submits automatically at zero.

- Every question is single-best-answer with four options, the format you will face in
the test centre.

LEARN FROM EVERY MISTAKE

- Immediate feedback with a full explanation for every item, plus a specific note on
why each wrong option is wrong: a wrong formula, a sign error, a compounding period
mismatch, a units slip.

- A wrong-answer book that keeps an item until you answer it correctly twice
afterwards, so a lucky guess does not clear your record.

- Spaced-repetition cards for formulas and key concepts, scheduled from your own
performance.

- Progress analytics by topic and by unit, time per question, and an estimated
readiness score. The estimate is a study heuristic built from topic weighting,
difficulty-weighted accuracy and coverage - it is not a pass probability, and the
app labels it that way.

- A searchable formula sheet with 32 formulas: portfolio variance, CAPM, Sharpe,
Treynor, Jensen's alpha, covered interest parity, FRA settlement, put-call parity,
Black-Scholes-Merton, binomial pricing, duration, convexity, VaR and expected loss.

PRIVACY BY CONSTRUCTION

- No account, no sign-up, no email.

- No advertising, no analytics, no tracking, no third-party SDKs.

- The Android build is packaged without the INTERNET permission, so the app cannot
open a network connection and your study data cannot leave the device by accident.

- All progress is stored locally. Reset it any time from More > Data.

DESIGNED FOR DAILY USE

- Dark, light and system themes, built for one-handed use on a phone.

- Practice in short bursts: 10-question drills when you have five minutes, full mocks
when you have four hours.

WHO IT IS FOR

Candidates preparing for the computer-based FRM Part 1 exam who want steady,
measurable practice rather than passive reading.

ABOUT THE CONTENT

All 1,000 practice questions are original works written for this app. The topic areas,
their published weights, the 100-item count and the 240-minute duration follow the
2026 FRM Part 1 study guide. The 22 study units are editorial groupings created for
this app; they are not GARP readings and carry no GARP reading numbers. This app does
not reproduce GARP curriculum text or any third-party question bank.

DISCLAIMER

RiskMaster FRM1 is an independent study aid. It is not affiliated with, endorsed by,
sponsored by or approved by the Global Association of Risk Professionals (GARP). FRM
and GARP are trademarks of GARP. GARP does not publish a fixed pass mark; any target
shown in the app is a study heuristic, not a prediction of your result.

What’s new

Version 1.1.1 · Updated November 3, 2026

- Question bank expanded to 1,000 original items across all four topic areas. - New Question Browser: search the bank, filter by topic or status, and open any question to practise. - Flags set during a mock exam are now saved to the browser, so you can review them after submitting. - Answer options reshuffle each session, so the key never sits in the same slot. - Readiness now measures coverage across the full bank.

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