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PRMIA 8006 Exam Overview:

Certification Vendor:Professional Risk Managers' International Association (PRMIA)
Exam Name:Exam I: Finance Theory, Financial Instruments, Financial Markets - 2015 Edition
Exam Number:8006
Real Exam Qty:60
Passing Score:Not publicly specified (PRM exams use scaled scoring with minimum passing threshold determined by PRMIA)
Exam Format:Multiple Choice
Exam Price:Varies by country / PRMIA pricing via Pearson VUE
Related Certifications:PRM Exam II: Mathematical Foundations of Risk Measurement
PRM Designation (full credential requiring Exam I + Exam II)
Available Languages:English
Certificate Validity Period:Certification valid once PRM designation completed; continuing membership required for active use of designation
Exam Duration:240 minutes
Sample Questions: DOWNLOAD DEMO
Exam Way:Computer-based exam administered through Pearson VUE test centers or remote proctoring
Pre Condition:Enrollment in PRMIA professional program and payment of exam registration/authorization; no formal prerequisites beyond PRMIA application
Official Syllabus URL:https://prmia.org/PRMExamPrep

PRMIA 8006 Exam Syllabus Topics:

SectionObjectives
Topic 1: Finance Theory- Portfolio Mathematics & Asset Allocation
- Capital Structure and Term Structure of Interest Rates
- Capital Asset Pricing Model and Multifactor Models
- Risk and Risk Aversion
Topic 2: Financial Markets- Structure and Participants in Global Markets
- Trade Lifecycle, Clearing and Settlement
- Market Efficiency and Funding Rates
Topic 3: Financial Instruments- Derivatives: Futures, Forwards, Options, Swaps
- Equities, Bonds, and Money Market Instruments
- Valuation Principles and Yields

8006 Exam FAQ: What Candidates Ask Most

The PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition (exam code 8006) is the exam you pass to earn the PRM certification, a credential at the Professional level. It is also connected with related credentials such as PRM Exam II: Mathematical Foundations of Risk Measurement, PRM Designation (full credential requiring Exam I + Exam II). If you are mapping out a certification path with PRMIA, this exam is a milestone worth planning around.

The 8006 exam includes 60 questions, and you have 240 minutes to complete them. With that many questions on the clock, pacing is part of the challenge: divide your time into rough blocks as you go, and flag the items that stall you so you can circle back at the end instead of burning minutes on a single question. A week or two before your exam date, sit at least one full timed session in the 2Pass4sure test engine under the same time limit, so the pace feels familiar rather than frantic on the day.

You need Not publicly specified (PRM exams use scaled scoring with minimum passing threshold determined by PRMIA) to pass the 8006 exam, and the official registration fee is Varies by country / PRMIA pricing via Pearson VUE. That fee is due again in full for every retake, which makes thorough preparation the cheaper investment by far. Before you book your seat, test yourself with the 2Pass4sure practice questions until you are scoring comfortably above the passing mark on a consistent basis — it is the simplest way to avoid paying for the same exam twice.

Enrollment in PRMIA professional program and payment of exam registration/authorization; no formal prerequisites beyond PRMIA application

Eligibility rules can be adjusted by PRMIA over time, so before you register, confirm the current requirements on the official exam page: view the official 8006 exam information.

Yes. 2Pass4sure offers a free PDF demo of the 8006 practice questions, so you can judge the quality of the material firsthand before paying anything. Every purchase also includes 365 days of free updates — if PRMIA changes the exam during that year, your material changes with it. And when the free update period expires, you can extend it at a 50% discount from within your member zone.

Every 8006 purchase at 2Pass4sure is backed by a 100% Money Back Guarantee: if you take the corresponding exam within 60 days of your purchase and do not pass, you can apply for a full refund. The guarantee has clear conditions — it does not apply if you sit the exam within 3 days of purchase, if you downloaded the material but never actually took the exam, or to free materials and expired orders, and the candidate name must match the payer name. To file a claim, send a scan of your exam enrollment slip together with your official Score Report PDF within 2 days of the exam; claims are processed within 7 days. If you would rather not take a refund, you can exchange the product instead and receive two additional exam preparation products of equal value for free, while your original product keeps its update service. Delivery itself is instant: your material is available for download right after payment and is also sent to your email within one minute — if it has not arrived within 2 hours, contact our customer service. There is no limit on how many computers you can install it on.

The official PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition outline divides the exam content into 3 main domains. The first three are:

  • Finance Theory
  • Financial Markets
  • Financial Instruments

That is only the headline view — scroll back up to the Exam Topics section on this page for the complete domain-by-domain breakdown before you plan your study schedule.

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

Question 1

The vast majority of exchange traded futures contracts are:

A. closed by an offsetting trade prior to expiry
B. cash settled upon expiry
C. settled using physical settlements
D. settled by delivery


Question 2

Which of the following is NOT an assumption underlying the Black Scholes Merton option valuation formula:

A. Prices of the underlying asset are normally distributed
B. Volatility of the underlying and the risk free interest rate is constant
C. The option is European
D. There are no transaction costs


Question 3

The 'transformation line' expresses the relationship between

A. Expected risk and return for a portfolio comprising a riskless asset and a risky bundle
B. Asset beta and expected return
C. The risk free rate and expected market risk premiums
D. Expected risk and return for all portfolios lying on the efficient frontier


Question 4

The two components of risk in a commodities futures portfolio are:

A. Changes in spot prices and carrying costs, also called commodity lease rates
B. Changes in the convenience yield and storage costs
C. Changes in interest rates and spot prices
D. The risk from change in basis and interest rates


Question 5

Imagine two perpetual bonds, ie bonds that pay a coupon till perpetuity and the issuer does not have an obligation to redeem. If the coupon on Bond A is 5%, and on Bond B is 15%, which of the following statements will be true:
I. The Macaulay duration of Bond A will be 3 times the Macaulay duration of Bond B.
II. Bond A and Bond B will have the same modified duration
III. Bond A will be priced at less than 1/3rd the price of Bond B
IV. Both Bond A and Bond B will have a duration of infinity as they never mature

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


Solutions:

Question 1
Answer: A
Question 2
Answer: A
Question 3
Answer: A
Question 4
Answer: A
Question 5
Answer: D

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