FAQ Before Exam Where can I find previous GARP practice exams?

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Vin

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Please Note: FRM prep providers are no longer provided with copies of the GARP practice exams, so we will not be updating this thread moving forward.

2019
2020
2021
2022
2023
We do not recommend studying any practice exams prior to 2019, as there were many errors. Most of them are actually the same exact questions (GARP used the same practice exams for a few years and just changed the dates), but in the more recent practice exams, the previous errors should be fixed (should be but we still find errors, unfortunately). Our resources page, which previously contained the GARP practice exams, is no longer available.
 
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This may be a really one but I am a bit confused with the practice exams from garp that you have on your bionic turtle website. All the questions seems to be the same for different years. Myabe my understanding isn't correct but what does a 2018 practice exam part 1 mean compared to 2017 exam part 1? The questions in both these practice exams is exactly the same. Am I missing something here?
 
akrushn2 said:
This may be a really one but I am a bit confused with the practice exams from garp that you have on your bionic turtle website. All the questions seems to be the same for different years. Myabe my understanding isn't correct but what does a 2018 practice exam part 1 mean compared to 2017 exam part 1? The questions in both these practice exams is exactly the same. Am I missing something here?
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Hello @akrushn2

You aren't missing anything. We added the previous practice exams to our website after some of our members requested them. However, we've discussed the previous exams in the forum quite a lot and they are riddled with mistakes. We recommend only using the current practice exam, as David has pointed out many mistakes to GARP and they have fixed the mistakes in the newer exam. I hope this helps!

Nicole
 
passfrmjapan said:
Hi Nicole,

Can i get previous practice exams older than 2019 (ex, 2018, 2017 ,2016...)?
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Hello @passfrmjapan

Please see my previous answer to a similar question on the first page of this thread: https://forum.bionicturtle.com/thre...previous-garp-practice-exams.10249/post-78602. We do not recommend studying any practice exams prior to 2019, as there were many errors. Most of them are actually the same exact questions (GARP used the same practice exams for a few years and just changed the dates), but in the 2019 and 2020 practice exams, the previous errors should be fixed (should be but we still find errors, unfortunately).
 
Hi Nicole,
First of all, thanks for your help!
I have done practice exam 2019 and the one for 2020 (have to say they are pretty similar). I have read that you do not recommend doing exams before 2019. What else can i do to prepare better for the exam?
Thanks in advance!
 
geigel said:
Hi Nicole,
First of all, thanks for your help!
I have done practice exam 2019 and the one for 2020 (have to say they are pretty similar). I have read that you do not recommend doing exams before 2019. What else can i do to prepare better for the exam?
Thanks in advance!
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Hello @geigel

Yes, the practice exams prior to 2019 were full of errors so we do not recommend those. I always recommend going through all of our practice questions, mock exams, and instructional videos, but since you aren't a paid member, it is difficult to suggest a study plan for you. We provide many materials that we highly recommend because they go in-depth on the concepts, and we also provide a full paid section of the forum where we offer support to our members. You can view other member's study plans here in the forum: https://forum.bionicturtle.com/threads/study-plan-guide.8670/. Most of them are using our study materials, but you may find other suggestions that could help.
 
Hi Nicole,
I know that you do not recommend doing older mock exams, but for purpose of practice I would love to do so. All around the forum, I see people talking about BT mock exams A,B,C and so on. Are these still available somewhere?
Many Thanks!
Thomas
 
tstreit said:
Hi Nicole,
I know that you do not recommend doing older mock exams, but for purpose of practice I would love to do so. All around the forum, I see people talking about BT mock exams A,B,C and so on. Are these still available somewhere?
Many Thanks!
Thomas
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Hello Thomas,

The mock exams A,B,C, etc. were from previous years. They were mini mock exams with fewer questions. I am currently working on a 2nd mock exam for each Part, and I am really hoping to be able to publish them by the end of this week.
 
Nicole Seaman said:
Post Edited in 2020: We do not recommend studying any practice exams prior to 2019, as there were many errors. Most of them are actually the same exact questions (GARP used the same practice exams for a few years and just changed the dates), but in the 2019 and 2020 practice exams, the previous errors should be fixed (should be but we still find errors, unfortunately). Our resources page that previously contained the GARP practice exams is no longer available.
Hello @Vin

You can find GARP's previous practice exams here in our resources section: https://forum.bionicturtle.com/resources/categories/frm-practice-garp.16/.

Thank you,

Nicole
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Hi Nicole, I was going to ask about a difference on an identical question from the 2017 and 2020 exams, but just noticed this post on the thread.

Would you mind confirming that for Q24 on the 2020 Part II Practice exam, it is correct to use 1.96 as the Z-value? We are looking for the lower bound, so I would think it is 2 sided and 1.96 is correct, however 2017 has 1.645 as the z-value. Just want to check.
 

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Hi @corinne.lieberman21 You are correct: the question asks for the lower bound of a confidence interval such that the two-sided deviate (i.e., 1.96 at 95% confidence) is appropriate, rather than the one-sided 1.645 that would be appropriate if the question were asking a VaR-type (aka, SaR in this context) question. GARP has many errors in prior practice questions, including the 2017 question required three revisions :(; e.g., see https://forum.bionicturtle.com/threads/garp-p2-question-24.21932/
 
I am quite disapointing that there are only 3 exams: 1 GARP + 2 BT.
It seems that GARP exams are pretty similar year on year, i really can't understand why they are not able to provide more after so many years...
 
@Meta They should be able to, but they don't have a good track record of writing high-quality questions, so they seem to focus on revisions/corrections to the existing limited sample. if they wrote entirely new questions each year, their 30+% error rate would be more manifestly obvious. Instead, we have a roughly similar set over the past 4-5 years, unfortunately.
 
Meta said:
I am quite disapointing that there are only 3 exams: 1 GARP + 2 BT.
It seems that GARP exams are pretty similar year on year, i really can't understand why they are not able to provide more after so many years...
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Have you done all the BT end of chapter quizzes and all the practice problems? I definitely applaud you if you have but even as someone who put over 300 hours into studying for each part I personally didn’t have time to go over 100% of the questions and still did very well on both parts so I’d be surprised to hear you ran out of material.
 
Hi @Chris ,

I don't think they provide t tables, only the z tables. You can take a look at the previous exams to compare what references GARP offers on the exam template.
 
The practice exams at the beginning of this thread are the same as the practice paper provided in 2022 Fyi, all the same questions, same order. Thought I’d save someone else the paper before they print them all out like I
 
2020 prestudy == 2021 prestudy (exact duplicate, no changes....)
2021 is also exactly the same don't bother making both. I would recommend to to change the overview by Vin
 
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Note: The original post has been updated to include the links to the 2023 GARP FRM practice exams. Thanks!
 
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