8002 actual exam practice material help you to clear 8002 test. If you want get professional and PRMIA real practice, recommend you to use our 8002 actual test practice material latest version.
Every candidate studies differently, so Actual4test offers the 8002 practice questions as a printable PDF, a desktop test engine, and an online test engine. All three cover the same 132 questions for the PRMIA PRM Certification - Exam II: Mathematical Foundations of Risk Measurement exam.
| Certification Vendor: | PRMIA (Professional Risk Managers' International Association) |
|---|---|
| Exam Name: | PRM Certification - Exam II: Mathematical Foundations of Risk Measurement |
| Exam Number: | 8002 |
| Certificate Validity Period: | 2 years from passing date |
| Exam Duration: | 120 minutes |
| Real Exam Qty: | 90-132 |
| Available Languages: | English |
| Exam Format: | Multiple-choice questions |
| Exam Price: | $650 - $800 USD |
| Related Certifications: | FRM Associate PRM (aPRM) CIIA CFA |
| Passing Score: | 60% |
| Recommended Training: | PRM Candidate Guidebook PRMIA Official Handbook & Study Materials |
| Exam Registration: | PRMIA Official Registration Pearson VUE Testing |
| Sample Questions: | PRMIA 8002 Sample Questions |
| 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 |
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Calculus | 21% | - Multivariable functions - Differential calculus and derivatives - Optimization and application of derivatives - Integral calculus |
| Topic 2: Basic Mathematics | 4% | - Sequences and series - Algebraic rules and operations - Mathematical notation and symbols |
| Topic 3: Descriptive Statistics | 8% | - Bivariate data analysis - Measures of central tendency and dispersion - Moments of distributions |
| Topic 4: Probability Theory | 25% | - Probability axioms and rules - Expected value, variance and covariance - Discrete and continuous probability distributions - Joint, marginal and conditional probability |
| Topic 5: Statistics & Financial Applications | 21% | - Portfolio mathematics and diversification - Simple and multiple linear regression - Maximum likelihood estimation - Hypothesis testing and confidence intervals |
| Topic 6: Linear Algebra & Matrix Mathematics | 21% | - Eigenvalues and eigenvectors - Matrix operations and properties - Quadratic forms and applications - Vectors and vector spaces |
The 8002 exam (PRM Certification - Exam II: Mathematical Foundations of Risk Measurement) is the official PRMIA exam that leads to the PRM™ (Professional Risk Manager) certification, a credential at the Professional level. Related certifications include Associate PRM (aPRM), FRM, CFA, CIIA. Actual4test provides 132 practice questions to help you prepare for it with confidence.
The 8002 exam contains 90-132 questions and gives you 120 minutes to finish them. Before exam day, divide the total time by the question count so you know the pace you need to keep, and flag difficult items instead of getting stuck on them. Running at least one full timed session in the Actual4test test engine is the best way to make that time pressure feel familiar.
You need 60% to pass, and the official registration fee is $650 - $800 USD. Keep in mind that a failed attempt means paying that fee in full again, so it pays to test yourself first. When your scores on the Actual4test timed practice tests stay consistently above the passing line, you are ready to book the exam.
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 Requirements can change over time, so always double-check the latest eligibility rules before you register on the official PRMIA exam page.
You can book your exam through the official registration channels:
The exam is delivered in the following way: Computer-based testing (CBT) at Pearson VUE centers or online remote proctoring.
PRMIA recommends the following training options for this exam:
Official courses build the foundation, and the 8002 practice questions from Actual4test help you turn that knowledge into exam-day performance.
Yes. Actual4test offers a free 8002 PDF demo so you can check the quality of the practice questions before purchasing. After you buy, your product comes with 365 days of free updates, and if it expires you can renew the update service at a 50% discount from your member zone.
Your purchase is protected by our 100% Money Back Guarantee. If you take the corresponding 8002 exam within 60 days of purchase and do not pass, send us a scan of your enrollment slip and the official Score Report PDF within two days of the exam, and the full refund will be processed within seven days. The candidate name must match the payer name; exams taken within three days of purchase, free materials, and expired orders are not eligible. If you would rather not refund, you can exchange your product for two free products of equal value and keep the update service on your original purchase. Delivery itself is instant: your material is available for download and is emailed to you within one minute of payment. If nothing arrives within two hours, contact our support team. There is no limit on how many computers you may install it on.
The 8002 syllabus is organized into 6 exam domains. Among the first three are Basic Mathematics (4%), Linear Algebra & Matrix Mathematics (21%), Descriptive Statistics (8%). For the complete breakdown of topics and subtopics, see the Exam Topics section above.
Which of the following is a false statement concerning the probability density function and the cumulative distribution function of a random variable?
Correct Answer: B 🗳️
The natural logarithm of x is:
Correct Answer: A 🗳️
An underlying asset price is at 100, its annual volatility is 25% and the risk free interest rate is 5%. A European call option has a strike of 85 and a maturity of 40 days. Its Black-Scholes price is
15.52. The options sensitivities are: delta = 0.98; gamma = 0.006 and vega = 1.55. What is the delta-gamma-vega approximation to the new option price when the underlying asset price changes to 105 and the volatility changes to 28%?
Correct Answer: C 🗳️
A typical leptokurtotic distribution can be described as a distribution that is relative to a normal distribution
Correct Answer: D 🗳️
On average, one trade fails every 10 days. What is the probability that no trade will fail tomorrow?
Correct Answer: A 🗳️
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