FRM vs BBA: Which is the Right Career Path for You? Sections Covered FRM (Financial Risk Manager) BBA (Bachelor of Business Administration) FRM Vs BBA FRM Vs BBA Exam Dates FRM Vs BBA Cost FRM Vs BBA Job Opportunities FRM Vs BBA Employers & Salary Why Choose NorthStar Academy for FRM Preparation? Conclusion Schedule a call Every individual aspires to build a successful career. From an early age, students start envisioning their future professions. You must have had a dream career in mind too, right? While the knowledge and skills gained during early schooling years are essential, it is your higher education that plays a defining role in shaping your career growth and success.The Importance of Choosing the Right Education PathThe course you choose during your higher education years determines your job opportunities, salary potential, and industry exposure. For finance and accounting aspirants, there are numerous options available, making it natural to feel confused about which path to pursue. One of the most common dilemmas is choosing between FRM (Financial Risk Management) and BBA (Bachelor of Business Administration).Exploring Your Options: Traditional vs. Professional CoursesStudents with a background in finance and accounting have a bright future, but success depends on making informed choices. While BBA is a traditional degree program that provides a solid foundation in business administration, FRM certification is a professional course focusing on financial risk management, financial markets, and portfolio management.Many students debate whether to follow the conventional route of a BBA degree or opt for a specialized professional certification like FRM. Understanding the major differences, career prospects, and industry demand for both qualifications is crucial in making the right decision.Making an Informed Choice: FRM vs BBA If you are unsure about which course is better, this post will provide a thorough comparison based on key aspects. Whether you aim to become a risk manager, investment banker, or financial analyst, understanding your options will help you choose the right path for a rewarding career in the finance industry.Latest Updates :What is FRM? A complete FRM course eligibility and course detailsHow to Balance Work and FRM Exam Preparation: A Practical ApproachFRM Certification and its Scope: FRM Jobs in India and Salary FRM (Financial Risk Manager) This certification is granted by GARP. The FRM course enhances the students' practical skills and knowledge in risk management. However, the association does not grant this certification randomly. It conducts a two-part examination. The candidates who qualify for this assessment achieve the FRM title. This certification is recognised in more than 195 countries and territories. As a result, you get easy access to global job opportunities. ProsEnhances Skills and KnowledgeFRM is a professional certification course. It enhances your practical skills and knowledge in a brief period. The course includes real-life case studies. Such case studies allow you to learn about the real-world application of varying concepts. Enhances Career ProspectsAnother benefit of the FRM course is that it offers a large pool of job opportunities. You can also explore various profiles in the field. It allows you to work under top employers worldwide. Increased Earning PotentialThe FRM certification gains global recognition. As a result, the top employers acknowledge your expertise. They are keen to hire risk management experts and offer them high salary packages.ConsLow Pass Rate The FRM examination's pass rate is quite low. Students must choose nothing but the best, like NorthStar's FRM course, to clear the paper on the first attempt. BBA (Bachelor of Business Administration) BBA is the following contender within the FRM vs BBA debate. It is a conventional path that specialises in principles associated with business and administration. Under this course, you'll get to learn topics like: Finance Marketing Human Resources Entrepreneurship ProsEnhances KnowledgeBBA is a comprehensive course offering extensive knowledge. It mainly focuses on theoretical knowledge. BBA introduces you to the knowledge world of business administration. Lucrative Job OptionsBBA graduates can find numerous job opportunities. However, the pay scale for these individuals is limited. ConsLack of Practical KnowledgeBBA courses mainly include theoretical knowledge. Therefore, BBA graduates do not have practical skills. They do not get exposure to the real-world applications of the concepts they study.Time Commitment Usually, BBA is a three-year course. So, you will have to spend your three years on this course. FRM Vs BBA You must be very careful when making a choice between two courses. The FRM vs BBA debate is no different. You must compare both courses thoroughly. Several differentiating aspects will help you make the right choice for your bright future. So, go through the thorough comparison between FRM and BBA below.FRM Vs BBA EligibilityFRM High school diploma or 10+2 educational qualification BBA High school diploma or 10+2 educational qualification Minimum aggregate percentages vary from one college to another FRM Vs BBA ExaminationFRMPart 1 (100 MCQs) Foundations of Risk Management Quantitative Analysis Financial Markets and Products Valuations and Risk Models Part 2 (80 MCQs) Market Risk Credit Risk Operational Risk and Resiliency Treasury and Liquidity Risk Management Risk and Investment Management Financial Markets' Current Issues BBABBA does not have a single entrance test. Some colleges offer admission based on Class 12th marks. On the other hand, some institutes conduct examinations. Some of the many BBA entrance examinations include the following. DU-CUET IPMAT JIPMAT NPAT SET In general, the exam curriculum tests the following skills of the candidates- Skills in English Proficiency Skills in Numerical Aptitude & Data Interpretation Analytical & Reasoning Skills General Aptitude & General Knowledge FRM Vs BBA Exam StructureFRMThe FRM examination has two parts. Part 1- 100 MCQs Part 2- 80 MCQs All these questions have equal weightage. FRM examination is a computer-based test. BBA No fixed exam structure is followed for the BBA entrance exams. FRM Vs BBA Exam Dates Below are the exam dates for both parts of the FRM exam:Exam WindowPart 1Part 2May, 202411th May - 17th May12th May - 22nd MayAugust, 20249th August - 10th August9th August - 10th AugustNovember, 20249th November - 15th November16th November - 19th NovemberBBA Every year, BBA entrance exams are conducted in May and June. Read More :Exploring Job Opportunities and FRM SalaryFRM Careers : Exploring Job Sectors, Employers, Trends, and Beyond FRM Vs BBA Cost FRM Course FeesPart 1 New Candidates Enrolment Fee: $400 Exam Fee: $600 - $800 Total: $1000 - $1200 Returning Candidates Exam Fee: $600- $800 Total: $600- $800 Part 2 Exam Fee: $600- $800BBA INR 50 thousand and INR 6 lakhs is the average range for BBA cost. It can go higher or below this range, depending on the college. FRM Vs BBA Job Opportunities FRM Treasury Risk Manager Credit Risk Manager Risk Analyst Market Risk Manager Investment Analyst Quantitative Analyst Portfolio Manager Claims Manager BBA Sales and Marketing Manager Product Manager Management Consultant Business Development Manager Operations Manager Research Assistant Operations Analyst Sales Executive Loan Officer FRM Vs BBA Employers & Salary FRMThe Financial Risk Manager (FRM) certification is a globally recognized credential and the top choice for risk management aspirants. It is highly valued by leading employers, including the Big 4 companies, making it your gateway to the global job market.One of the biggest advantages of earning an FRM certification is the high salary potential. Employers actively seek FRMs for their specialized expertise in financial risk management, offering lucrative packages. In India, the average salary of an FRM professional is INR 8 LPA, with even higher earning potential in international markets.By pursuing FRM, you not only gain in-depth knowledge of financial risks but also enhance your career prospects in investment banking, portfolio management, and financial analytics.BBA BBA graduates have a lower pay scale compared to FRMs. They get around INR 5 LPA in India. Why Choose NorthStar Academy for FRM Preparation? NorthStar Academy is one of the best coaching institutes for FRM exam preparation. Our comprehensive FRM course covers everything from level 1 to advanced topics, ensuring that you gain the required skills to excel as a risk professional. Our industry experts provide guidance and support throughout your journey to help you achieve your dream career in the finance domain.Start Your FRM Journey Today!The FRM vs BBA debate is not as confusing as you might think. FRM is the clear winner between these two. So, start preparing for its examination today and achieve your accreditation. NorthStar Academy is the best coaching institute for FRM preparation. Our comprehensive FRM course starts from the basics and helps you understand all the advanced topics in detail. So, enrol in our FRM program today to boost your career growth. We have teachers that will support you throughout your journey and ensure success. Contact us on WhatsApp to know more. Read More :FRM Careers and Beyond: Exploring Job Market, Workplace TrendsFRM Exam : Exam Structure, Date, Exam Windows & GARP Conclusion Higher education courses play a crucial role in shaping your future. Therefore, making an informed decision is essential. If you are considering a career in finance, you might be wondering whether to pursue a BBA (Bachelor of Business Administration) or FRM (Financial Risk Management) certification. While both qualifications have their own benefits, FRM offers a solid foundation in financial risk management, making it a sought-after certification in the finance industry.A BBA degree focuses on business management, covering aspects like human resources, business analytics, and entrepreneurial skills. It is a great choice for those who wish to pursue an MBA (Master of Business Administration) later and explore various career opportunities in business administration. On the other hand, FRM certification, accredited by GARP (Global Association of Risk Professionals), specializes in financial risks, including liquidity risk, portfolio management, and investment banking.If you aim to pursue a career in risk management, fintech, or international business, then FRM is the better option. It is an excellent choice for those who wish to get into the financial markets and acquire real-world expertise in advanced financial concepts. Yes! You can pursue both courses simultaneously. While BBA provides a solid foundation in business administration, FRM enhances your expertise in financial risk management. This combination can open doors to job opportunities in investment banking, financial sector, and corporate finance, offering a lucrative salary package in LPA (Lakhs Per Annum).Trending BlogsCourseLinksACCAACCA vs MBA Which is betterCareer Option after ACCACMA USCMA US Job Opportunities Best CMA booksCPA USCPA Course after Bcom CPA Salary in IndiaEnrolled AgentEnrolled Agent course Job & salaryEnrolled Agent Sample questions Frequently Asked Questions How do FRM and BBA qualifications impact career opportunities? FRM and BBA qualifications are quite different. BBA is a traditional course that focuses on theoretical knowledge. On the other hand, FRM is a professional certification course that enhances practical skills and knowledge. FRMs have better career opportunities as employers acknowledge their expertise. Which industries typically value FRM qualifications, and which ones prefer BBA graduates? Financial risk markets typically prefer FRMs. On the other hand, BBAs get employed in the finance and consulting industries. Can I pursue both FRM and BBA qualifications simultaneously, or do they require separate paths? The syllabi of BBA and FRM are quite different. However, the flexibility of the FRM course allows you to pursue it with other courses. Therefore, you can easily pursue FRM and BBA simultaneously.
