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Reading study notes is one thing; sitting a timed exam is another. 2Pass4sure's desktop and online test engines recreate the pressure of the 8006 testing environment, so the PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition exam feels familiar long before exam day arrives.

PRMIA 8006 Exam Overview:

Certification Vendor:PRMIA
Exam Name:Exam I: Finance Theory Financial Instruments Financial Markets – 2015 Edition
Exam Number:8006
Related Certifications:PRMIA Professional Risk Manager (PRM)
Passing Score:Not officially published (commonly reported practice thresholds around 60–80% depending on provider; official PRMIA does not publicly confirm exam-specific cut score)
Exam Price:Varies by region and registration bundle (PRMIA certification fees typically include exam registration; exact exam-only fee not separately published)
Exam Format:Multiple Choice Questions
Exam Duration:120 minutes
Available Languages:English
Certificate Validity Period:Certification typically valid for 2 years (requires continuing professional development for maintenance)
Real Exam Qty:Not officially published (practice sources indicate ~100–120 for exam I; unofficial dumps show ~290 questions in banks)
Recommended Training:PRMIA Study Resources
Exam Registration:PRMIA Official Registration
Sample Questions: DOWNLOAD DEMO
Exam Way:Computer-based exam (online or test center depending on provider)
Pre Condition:No formal prerequisites, but finance, economics, or quantitative background strongly recommended; PRM designation requires passing multiple exams.
Official Syllabus URL:https://prmia.org/

PRMIA 8006 Exam Syllabus Topics:

SectionObjectives
Topic 1: Trade Lifecycle and Market Operations- Financial Market Participants
  • 1. Institutional participants
    • 2. Market structure roles
      - Trade Execution and Settlement
      • 1. Lifecycle of a trade
        • 2. Clearing and settlement process
          Topic 2: Financial Markets and Instruments- Derivatives and Futures Markets
          • 1. Swaps and interest rate derivatives
            • 2. Futures pricing and arbitrage
              • 3. Options basics and option pricing intuition
                - Money Markets and Bond Markets
                • 1. Bond pricing and yield measures
                  • 2. Money market instruments
                    - Foreign Exchange and Market Mechanics
                    • 1. Market microstructure basics
                      • 2. FX cross rates
                        Topic 3: Financial Theory and Quantitative Foundations- Utility Theory and Risk Preferences
                        • 1. Expected utility theory
                          • 2. Risk aversion concepts
                            - Probability Theory and Statistics
                            • 1. Bayesian reasoning
                              • 2. Statistical inference basics
                                • 3. Probability concepts and distributions
                                  Topic 4: Portfolio Theory and Risk Management- Mean-Variance Portfolio Theory
                                  • 1. Efficient frontier concepts
                                    • 2. Portfolio optimization basics
                                      - CAPM and Multifactor Models
                                      • 1. Arbitrage Pricing Theory (APT)
                                        • 2. CAPM assumptions and applications
                                          - Risk Measurement Concepts
                                          • 1. Value at Risk (VaR) basics
                                            • 2. Basis risk and hedging effectiveness

                                              Answers to the Most Common Questions About PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition

                                              The 8006 exam is the official PRMIA exam for PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition. Passing it earns you the Professional Risk Manager (PRM) Certification credential, which sits at the Professional level. It is also connected to PRMIA Professional Risk Manager (PRM), 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 8006 exam contains Not officially published (practice sources indicate ~100–120 for exam I; unofficial dumps show ~290 questions in banks) 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 8006 exam is Not officially published (commonly reported practice thresholds around 60–80% depending on provider; official PRMIA does not publicly confirm exam-specific cut score), and the official registration fee is Varies by region and registration bundle (PRMIA certification fees typically include exam registration; exact exam-only fee not separately published). 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 formal prerequisites, but finance, economics, or quantitative background strongly recommended; PRM designation requires passing multiple exams. Eligibility details can change, so before you register, confirm the current requirements on the official exam page: https://prmia.org/.

                                              You can book the 8006 exam through the official registration channels below:

                                              Exam delivery method: Computer-based exam (online or test center depending on provider).

                                              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 290 practice questions for the PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition exam.

                                              Yes. 2Pass4sure offers a free PDF demo of the PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition 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 Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition blueprint is organized into 4 domains. The leading areas are:

                                              • Financial Theory and Quantitative Foundations
                                              • Trade Lifecycle and Market Operations
                                              • Portfolio Theory and Risk Management

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

                                              PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition Sample Questions:

                                              Question 1

                                              Which of the following statements is true:
                                              I. A high market beta implies a high degree of correlation with the market II. Correlation coefficient and covariance between assets have the same sign III. A correlation of zero indicates the absence of a linear relationship between the two assets IV. Unless assets are perfectly correlated, diversification always reduces portfolio risk.

                                              A. I, II, III and IV
                                              B. II, III and IV
                                              C. I
                                              D. I and II


                                              Question 2

                                              [According to the PRMIA study guide for Exam 1, Simple Exotics and Convertible Bonds have been excluded from the syllabus. You may choose to ignore this question. It appears here solely because the Handbook continues to have these chapters.] Which of the following describes a 'quanto' instrument:

                                              A. options on options
                                              B. correlation products
                                              C. any two asset hybrid instrument
                                              D. any two asset instrument in which one asset is a foreign currency


                                              Question 3

                                              The most risky tranche of a structured credit derivative is called:

                                              A. the senior tranche
                                              B. the equity tranche
                                              C. the mezzanine tranche
                                              D. the risky tranche


                                              Question 4

                                              A bond manager holding $1m long in a bond portfolio is concerned that interest rates might rise over the next three months. Which of the following represents the best hedging strategy for the manager?

                                              A. Sell bond futures so that the market value of the futures contracts matches that of the bonds he holds
                                              B. Sell bond futures so that the dollar duration of the futures contracts matches that of the bonds he holds
                                              C. Sell bond futures so that the notional value of the futures contracts matches that of the bonds he holds
                                              D. Buy bond futures so that the notional value of the futures contracts matches that of the bonds he holds


                                              Question 5

                                              [According to the PRMIA study guide for Exam 1, Simple Exotics and Convertible Bonds have been excluded from the syllabus. You may choose to ignore this question. It appears here solely because the Handbook continues to have these chapters.] What is the current conversion premium for a convertible bond where $100 in market value of the bond is convertible into two shares and the current share price is $50?

                                              A. 1
                                              B. None of the above
                                              C. 0
                                              D. 0.5


                                              Solutions:

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

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