Announcements
This section includes important Bionic Turtle and related FRM® announcements.
- Threads
- 174
- Messages
- 4.1K
Frequently Asked Questions (FAQs)
Find answers to Bionic Turtle's most frequently asked questions.
- Threads
- 152
- Messages
- 1.3K
Part 1 FRM® Exam Feedback
Discuss your FRM® Part 1 exam experience. When exams are over, candidates can share information about their exam experience, feedback on its difficulty, specific topics covered, etc.
- Threads
- 31
- Messages
- 3.2K
Part 2 FRM® Exam Feedback
Discuss your FRM® Part 2 exam experience. When exams are over, candidates can share information about their exam experience, feedback on its difficulty, specific topics covered, etc.
- Threads
- 30
- Messages
- 7.2K
Part 1 FRM® Exam Results
Fill out our short survey to let us know if you passed the Part 1 exam!
- Threads
- 6
- Messages
- 29
Part 2 FRM® Exam Results
Fill out our short survey to let us know if you passed the Part 2 exam!
- Threads
- 2
- Messages
- 16
After the FRM®: Careers & Other Professional Exams
Discuss career options and other professional exam opportunities. We also include information on other CeriFi brands that support every stage of professional development, from certifications to career advancement.
- Threads
- 102
- Messages
- 526
YouTube Videos Bionic Turtle YouTube videos covering the concepts in the FRM exam
- Threads
- 12
- Messages
- 43
- Threads
- 33
- Messages
- 63
- Threads
- 44
- Messages
- 104
- Threads
- 10
- Messages
- 41
Financial Risk Manager® (FRM) — Free Resources This free section of the forum offers general information about the FRM® and organizes the topics from the curriculum for quick reference.
About FRM®
General information about the FRM® and Bionic Turtle's FRM exam prep products.
- Threads
- 1.1K
- Messages
- 9.3K
Part 1 FRM® Study Groups
Create a new Part 1 study group or join existing study groups.
- Threads
- 96
- Messages
- 1.6K
Part 2 FRM® Study Groups
Create a new Part 2 study group or join existing study groups.
- Threads
- 29
- Messages
- 762
Risk (general)
General risk topics that don't fit neatly into the ten FRM topics
- Threads
- 88
- Messages
- 287
- Threads
- 364
- Messages
- 1.6K
- Threads
- 807
- Messages
- 3.2K
- Threads
- 751
- Messages
- 3.3K
- Threads
- 653
- Messages
- 2.7K
- Threads
- 21
- Messages
- 75
- Threads
- 229
- Messages
- 887
FRM® Practice Questions for Paid Customers These forums are for our paid customers. Each original practice question is posted here first and becomes a platform for follow-up questions, in-depth discussions, and proposed corrections if you find a potential error or typo.
GARP® Part 1 (P1) Practice Exam Questions
When posting a GARP practice exam, please post the year of the practice exam in the title and copy/paste the text and not an image.
- Threads
- 94
- Messages
- 543
GARP® Part 2 (P2) Practice Exam Questions
When posting a GARP practice exam, please post the year of the practice exam in the title and copy/paste the text and not an image.
- Threads
- 149
- Messages
- 871
P1.T1. Foundations of Risk Management PQs
Covers the core principles of financial risk management, including risk types, governance, regulatory frameworks, and lessons from major financial crises.
- Threads
- 138
- Messages
- 1.5K
P1.T2. Quantitative Analysis PQs
Focuses on the statistical and mathematical tools used in risk measurement, such as probability, regression, time-series analysis, and simulation techniques.
- Threads
- 359
- Messages
- 4.4K
P1.T3. Financial Market & Products PQs
Introduces the structure and functioning of financial markets and the key instruments traded in them, including fixed income, equities, derivatives, and structured products.
- Threads
- 197
- Messages
- 4.2K
P1.T4. Valuation & Risk Models PQs
Examines the models used to value financial instruments and measure risk, emphasizing no-arbitrage pricing, option valuation, sensitivities, and model limitations.
- Threads
- 157
- Messages
- 3.4K
P2.T5. Market Risk Measurement & Management PQs
Addresses methods for measuring and managing market risk, including VaR, expected shortfall, stress testing, and risk limits.
- Threads
- 354
- Messages
- 3.6K
P2.T6. Credit Risk Measurement & Management PQs
Covers the assessment and management of credit risk, including default risk, credit exposure, portfolio credit models, and credit derivatives.
- Threads
- 321
- Messages
- 3.1K
P2.T7. Operational Risk and Resilience PQs
Focuses on risks arising from internal processes, systems, people, and external events, with emphasis on loss modeling, resilience, and business continuity.
- Threads
- 260
- Messages
- 1.5K
P2.T8. Liquidity and Treasury Risk
Examines liquidity risk, funding strategies, and asset-liability management, including regulatory liquidity metrics and contingency planning.
- Threads
- 25
- Messages
- 258
P2.T9. Risk Management & Investment Management PQs
Explores the application of risk management techniques to portfolio construction, asset allocation, performance measurement, and investment decision-making.
- Threads
- 174
- Messages
- 1.2K
P2.T10. Current Issues in Financial Markets PQs
Covers emerging risks and evolving themes in global financial markets, such as ESG, climate risk, fintech, regulation, and systemic challenges.
- Threads
- 79
- Messages
- 143
Content Errors & Corrections Use this section to report errors or typos you find in our Study Notes, Video Slides, Formula Sheets, and Spreadsheets so we can review and correct them. NOTE: Practice question errors should be posted in their separate forum threads listed in the PDF & interactive PQ bank.
FRM® Archive Older forums are located (eventually transferred) to the location below. These forums are often LESS RELEVANT to current FRM candidates. However, due to the relative continuity of the FRM's underlying structure--despite its continuous churn--they continue to offer some relevance.
FRM® Practice Questions
We previously provided just the question portion of our paid Practice Questions here. It has been removed from the main sections of the forum, as we've altered our process, but there are many relevant discussions that we don't want to remove completely.
Private
BT Part 1
Part 1 practice questions (OLD PQs)
Private
BT Part 2
Part 2 practice questions (OLD PQs)
Private
[P1 & P2]Text: Options, Futures & Derivatives, 7th
Assigned in 2010: Estimating volatility & correlation (Ch 21); Chapters 1 - 7, 9 and 10; Binomial (Ch 11), BSM (Ch 13), Greeks (Ch 17), Credit risk (Ch 22), Credit derivatives (Ch 23), Volatility smile (Ch 18), and Exotic options (Ch 24)
Private
Private
P2.T7. Basel II & Regulatory
Classified under Operational Risk & Integrated Risk but a big topic
Private
Miscellaneous Practice Questions
Prior Exam or Not Classified
Private
Members online
No members online now.
Forum statistics
Latest profile posts
PRudr1638 wrote on Nicole Seaman's profile.
Hello Hopefully I am posting at the right thread. I just wanted to ask when will will the Part I new LOSes be added? There are not that many, probably less than 10 in number spread across 3 books. Sometimes it gets too confusing in the forum as to where things get added. So I asked here.
Goher Sarfaraz wrote on Kabelo Mosarwe's profile.
practice daily. thats how you pass part 1. good luck
