Global Association of Risk Professionals
Global Association of Risk Professionals (GARP) is a not-for-profit organization and a membership association for risk managers. Its services include setting standards, training, education, industry networking, and promoting risk management practices. Founded in 1996 and headquartered in Jersey City, New Jersey, with additional offices in London, Washington, D.C., Beijing, and Hong Kong. GARP offers several foundational and certificate programs, the best known of which is the Financial Risk Manager (FRM) certification.
| Abbreviation | GARP |
|---|---|
| Formation | 1996 |
| Founders | Marc Lore Lev Borodovsky |
| Type | Not-for-profit organization |
| Purpose | Risk Management Education and Certification |
| Headquarters | Jersey City, New Jersey |
| Coordinates | 40°43′34.62″N 74°2′1.43″W |
Region served | Worldwide |
Membership | 279,000 (2021) |
Official language | English |
| Bradford Hu | |
| Richard Apostolik | |
Revenue | USD $56.78 million (2021) |
| Expenses | USD $47.56 million (2021) |
Students | 84,925 (2021, FRM and SCR registrations) |
| Website | www |
GARP also runs initiatives such as the GARP Risk Institute (GRI) and GARP Benchmarking Initiative (GBI) for research and thought leadership efforts within the risk purview.
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