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Some candidates read on a tablet; others prefer drilling in a simulator. 2Pass4sure's PRMIA PRM Certification - Exam II: Mathematical Foundations of Risk Measurement package comes as a printable PDF, a Windows desktop test engine, and a browser-based online engine, so the 132 practice questions for the 8002 exam fit the way you actually study.

PRMIA 8002 Exam Overview:

Certification Vendor:PRMIA (Professional Risk Managers' International Association)
Exam Name:PRM Certification - Exam II: Mathematical Foundations of Risk Measurement
Exam Number:8002
Real Exam Qty:90-132
Passing Score:60%
Exam Price:$650 - $800 USD
Available Languages:English
Related Certifications:FRM
CIIA
Associate PRM (aPRM)
CFA
Exam Duration:120 minutes
Exam Format:Multiple-choice questions
Certificate Validity Period:2 years from passing date
Recommended Training:PRM Candidate Guidebook
PRMIA Official Handbook & Study Materials
Exam Registration:Pearson VUE Testing
PRMIA Official Registration
Sample Questions: DOWNLOAD DEMO
Exam Way:Computer-based testing (CBT) at Pearson VUE centers or online remote proctoring
Pre Condition:No mandatory prerequisites for exam sitting; PRM designation requires: graduate degree / CFA/FRM/CIIA, or bachelor + 2 years relevant experience, or 4 years full-time risk/finance experience
Official Syllabus URL:https://prmia.org/Public/PRM/PRM_Handbook_Digital_Resources.aspx

PRMIA 8002 Exam Syllabus Topics:

SectionWeightObjectives
Descriptive Statistics8%- Measures of central tendency and dispersion
- Moments of distributions
- Bivariate data analysis
Probability Theory25%- Discrete and continuous probability distributions
- Expected value, variance and covariance
- Joint, marginal and conditional probability
- Probability axioms and rules
Linear Algebra & Matrix Mathematics21%- Quadratic forms and applications
- Vectors and vector spaces
- Eigenvalues and eigenvectors
- Matrix operations and properties
Statistics & Financial Applications21%- Hypothesis testing and confidence intervals
- Simple and multiple linear regression
- Maximum likelihood estimation
- Portfolio mathematics and diversification
Calculus21%- Differential calculus and derivatives
- Multivariable functions
- Optimization and application of derivatives
- Integral calculus
Basic Mathematics4%- Mathematical notation and symbols
- Algebraic rules and operations
- Sequences and series

PRMIA 8002 Exam: Everything You Wanted to Ask

The 8002 exam is the official PRMIA exam for PRMIA PRM Certification - Exam II: Mathematical Foundations of Risk Measurement. Passing it earns you the PRM™ (Professional Risk Manager) credential, which sits at the Professional level. It is also connected to Associate PRM (aPRM), FRM, CFA, CIIA, so what you learn carries over if you plan to pursue those paths as well. Employers treat the certification as verified proof of skill, which is why structured preparation with 2Pass4sure's practice questions pays off.

The 8002 exam contains 90-132 questions, and the time limit is 120 minutes. Translate that into a pacing plan before exam day: know roughly how long you can afford per item, flag anything that stalls you, and circle back at the end instead of burning minutes. Two or three full timed sessions in 2Pass4sure's test engine will teach you that rhythm far better than untimed reading ever will.

The passing score for the 8002 exam is 60%, and the official registration fee is $650 - $800 USD. Remember that a failed attempt means paying that fee again in full for a retake, so treat self-assessment as part of the budget: run 2Pass4sure's practice questions under timed conditions and only book your seat once your scores sit comfortably above the passing bar.

No mandatory prerequisites for exam sitting; PRM designation requires: graduate degree / CFA/FRM/CIIA, or bachelor + 2 years relevant experience, or 4 years full-time risk/finance experience Eligibility details can change, so before you register, confirm the current requirements on the official exam page: https://prmia.org/Public/PRM/PRM_Handbook_Digital_Resources.aspx.

You can book the 8002 exam through the official registration channels below:

Exam delivery method: Computer-based testing (CBT) at Pearson VUE centers or online remote proctoring.

PRMIA points candidates to the following official training options:

Once the coursework has built your foundation, the fastest way to turn theory into exam readiness is drilling with 2Pass4sure's 132 practice questions for the PRMIA PRM Certification - Exam II: Mathematical Foundations of Risk Measurement exam.

Yes. 2Pass4sure offers a free PDF demo of the PRMIA PRM Certification - Exam II: Mathematical Foundations of Risk Measurement practice questions on the samples page, so you can judge the format and quality yourself before paying anything. Every purchase also includes 365 days of free updates, and after the product expires you can extend the update service at a 50% discount from within your member zone.

If you take the corresponding exam within 60 days of purchase and do not pass, 2Pass4sure backs you with a 100% money-back guarantee. To claim it, submit a scanned copy of your exam enrollment slip together with your official Score Report PDF within 2 days of the exam, and the refund is processed within 7 days. The guarantee does not apply to attempts made within the first 3 days after purchase, to products downloaded without actually sitting the exam, or to free materials and expired orders, and the candidate name must match the payer's name. If you would rather have study material than money, you can instead exchange for two additional exam products of equal value, free of charge, while keeping the update service on your original purchase. Delivery itself is instant: your download is available right after payment and a copy reaches your mailbox within one minute — if nothing arrives within 2 hours, contact customer service. You may install the product on as many computers as you need.

The official PRMIA PRM Certification - Exam II: Mathematical Foundations of Risk Measurement blueprint is organized into 6 domains. The leading areas are:

  • Basic Mathematics — 4% of the exam
  • Linear Algebra & Matrix Mathematics — 21% of the exam
  • Descriptive Statistics — 8% of the exam

For the complete domain-by-domain breakdown with every subtopic, see the Exam Topics outline above.

PRMIA PRM Certification - Exam II: Mathematical Foundations of Risk Measurement Sample Questions:

Question 1

The gradient of a function f(x, y, z) = x + y2 - x y z at the point x = y = z = 1 is

A. (0, 2, 1)
B. (0, 1, -1)
C. (1, 1, 1)
D. (0, 0, 0)


Question 2

Which of the following can be used to evaluate a regression model?
(i)
Magnitude of R2
(ii)
Magnitude of TSS (total sum of squares)
(iii) Tests for statistical significance
(iv)
Sign and magnitude of each regression parameter

A. (i), (ii), and (iii)
B. (i), (ii), (iii), and (iv)
C. (i) and (iv)
D. (i), (iii), and (iv)


Question 3

I have $5m to invest in two stocks: 75% of my capital is invested in stock 1 which has price 100 and the rest is invested in stock 2, which has price 125. If the price of stock 1 falls to 90 and the price of stock 2 rises to 150, what is the return on my portfolio?

A. 2.50%
B. -5%
C. -2.50%
D. 5%


Question 4

Newton-Raphson iteration is used to find a solution of x5 - x3 + x = 1. If xn = 2, what is xn+1?

A. 1.623
B. 0.377
C. 1.638
D. 2.362


Question 5

Maximum likelihood estimation is a method for:

A. Estimating the implied volatility of a simple European option
B. Estimating the solution of a partial differential equation
C. Finding parameter estimates of a given density function
D. Solving a portfolio optimization problem


Solutions:

Question 1
Answer: B
Question 2
Answer: D
Question 3
Answer: C
Question 4
Answer: C
Question 5
Answer: C

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