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A PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition credential carries weight because PRMIA sets the standards employers trust. Fast2test helps you earn it with 290 expert-written 8006 practice questions, reviewed and refreshed for 2026.
PRMIA 8006 Exam Overview:
| Certification Vendor: | PRMIA |
|---|---|
| Exam Name: | Exam I: Finance Theory, Financial Instruments, Financial Markets - 2015 Edition |
| Exam Number: | 8006 |
| Exam Duration: | 120 minutes |
| Exam Price: | $325 - $400 USD (member/non-member) |
| Related Certifications: | Associate PRM PRM Certification |
| Available Languages: | English |
| Passing Score: | 60% |
| Certificate Validity Period: | 2 years from passing date |
| Exam Format: | Multiple Choice |
| Real Exam Qty: | 36 |
| Recommended Training: | PRMIA Official Study Materials |
| Exam Registration: | PRMIA Official Registration Pearson VUE Scheduling |
| Sample Questions: | PRMIA 8006 Sample Questions |
| Exam Way: | Computer-based testing at Pearson VUE centers or online proctored |
| Pre Condition: | PRMIA membership; bachelor's + 2 years experience, or master's degree, or CFA charterholder; approved PRM application |
| Official Syllabus URL: | https://www.prmia.org |
PRMIA 8006 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Financial Markets and Participants | 20% | - Trade lifecycle, dealing and settlement processes - Market participants and their roles - Structure and types of financial markets |
| Topic 2: Finance Theory and Portfolio Construction | 25% | - Risk-adjusted performance measures - CAPM, multifactor models and APT - Utility theory, risk and return axioms - Mean-variance portfolio theory |
| Topic 3: Derivatives Instruments | 25% | - Swaps and other derivative instruments - Options: types, payoffs and valuation basics - Futures and forward contracts |
| Topic 4: Fixed Income Securities and Markets | 20% | - Bond characteristics and valuation - Credit risk and capital structure analysis - Money market instruments and yield calculations - Term structure of interest rates |
| Topic 5: Mathematical Foundations | 10% | - Basic statistical methods for finance - Probability concepts including Bayesian theory |
PRMIA 8006 FAQs: What Every Candidate Asks
The 8006 exam, officially titled Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition, is the qualifying test for the Professional Risk Manager (PRM) certification from PRMIA, a credential at the Professional level. Passing it proves you have the skills employers look for in certified professionals, and it can also support progress toward related credentials such as PRM Certification, Associate PRM.
The PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition exam gives you 120 minutes to work through 36 questions. That is a steady pace with little room for second-guessing, so train yourself to read each question once, flag the difficult ones, and keep moving. Before exam day, sit at least two full timed sessions in the Fast2test test engine — when the clock feels familiar, it stops being a threat.
You need 60% to pass, and the official registration fee is $325 - $400 USD (member/non-member). Fall short and you pay that fee in full again for every retake, which makes solid preparation the cheaper option by far. Work through the Fast2test practice questions until you score comfortably above the passing mark, then book your seat.
PRMIA membership; bachelor's + 2 years experience, or master's degree, or CFA charterholder; approved PRM application Eligibility rules can change over time, so before you register, confirm the latest requirements on the official exam page: PRMIA 8006 exam overview.
You can book your 8006 exam through any of these official registration channels:
The exam is delivered as Computer-based testing at Pearson VUE centers or online proctored, so you can pick the option that fits your schedule when you book.
PRMIA recommends the following training for PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition candidates:
Pair that training with the 290 practice questions from Fast2test and you can check your readiness topic by topic before exam day.
Yes. Fast2test offers a free PDF demo for the PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition exam so you can judge the quality of our questions and answers before paying anything. Every purchase also comes with 365 days of free updates, and once that period expires you can extend your update service at a 50% discount.
Your purchase is protected by a 100% money-back guarantee. If you sit the corresponding 8006 exam within 60 days of buying and do not pass, send us a scan of your exam enrollment slip together with your official Score Report (PDF) within 2 days of the exam date — the candidate name must match the payer's name — and we will process your full refund within 7 days. Please note that exams taken within 3 days of purchase, materials downloaded without ever sitting the exam, free products, and expired orders are not covered. If you would rather not have a refund, you can exchange your order for two exam products of equal value, free of charge, and keep the update service on your original purchase.
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The PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition syllabus is organized into 5 domains. The main areas include Finance Theory and Portfolio Construction (25%), Financial Markets and Participants (20%), and Mathematical Foundations (10%). Scroll up to the Exam Topics section above for the complete, current outline before you plan your study schedule.
PRMIA Exam I: Finance Theory Financial Instruments Financial Markets - 2015 Edition Sample Questions:
Question 1
A hedge fund offers a fund with an expected volatility of 12% and expected returns of 12%. The risk free rate is 4%. An institutional investor wants the hedge fund manager to invest 60% of their total allocation to the fund, and the rest in the risk free asset. What expected return and volatility can the institutional investor expect?
A. Cannot be determined in the absence of correlation data between the two
B. 8.8% expected return and 7.2% volatility
C. 12% expected return and 12% volatility
D. 12% expected return and 7.2% volatility
Question 2
The buyer of a cap can reduce her costs by:
A. increasing the time period to which the cap applies
B. reducing the strike rate for the cap
C. selling a cap
D. selling a floor with a lower strike rate
Question 3
[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.] A long call position in an asset-or-nothing option has the same payoff as:
A. two long cash-or-nothing calls combined with a put at the same strike
B. a long cash-or-nothing call and a long vanilla call
C. a short cash-or-nothing call and a short vanilla call
D. a contingent premium option
Question 4
What is the coupon on a treasury bill?
A. The 3-month rate
B. 0%
C. Libor
D. The fed funds rate
Question 5
A receiver option on a swap is a swaption that gives the buyer the right to:
A. pay the fixed rate and receive a variable rate
B. receive the swap spread in effect on a future date and pay a variable underlying rate
C. swap two options between the two counterparties
D. receive the fixed rate and pay a variable rate
Solutions:
| Question 1 Answer: B | Question 2 Answer: D | Question 3 Answer: B | Question 4 Answer: B | Question 5 Answer: D |
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