Search results

I wonder how reliable are them reminders...can you click on the link (from the homepage of GARP) to register for part 2 and see what happens?

Guys, I can now register for Part 2. Is that a good sign I got through my part 1 paper? So excited! What with the WC and all (Germany just knocked out), my adrenaline is at 100!

I get it too...is it a sure sign of a pass? I can also now register for Part 2!

YES I see it too! Is this a sure sign of a pass?

Anyone seeing any changes on the GARP website? I'm not seeing any updated messages to the effect of: “Reminder: You will need to pass the FRM Exam Part II by November 2020. Otherwise you will have to re-enroll in the FRM Program as a new candidate.”

Where exactly do you see it?

Is anyone else a repeat candidate here? When did you sit previously? How is the overall difficulty of the May 2018 paper compared to the one you sat for previously?

So when did you sit previously? Nov 2017? On the whole, which paper was more difficult/trickier/challenging?

Hmm I truly wish you are mistaken, but you'd have known best and I can't argue against it. To me I honestly thought 18/30 for FMP for example would have got you a Q2 score. That I might have misjudged things worries me. If you don't mind me asking, what were your Quartiles for your failed...

Can you elaborate exactly why you feel Q2 cut off can't be at 60% for a section? I find it hard to believe half the candidates get two thirds correct in a given topic which seems to be what you're implying.

I know it's a stretch, do you recall the other answers? Were they obvious to reject? Also, was the FALSE answer "does not account for market risk premium" or "accounts for market risk premium"? I'm assuming it's the former...but damn this is tricky...I can't recall one bit what answer I marked...

I have all 20 for Quants. Appreciate if you can add the rest for Topics 1/3/4. Those that you missed out: 1. Poisson dist 2. Z-test 3. Stationarity 4. Comparison between R^2 and Adj R^2 5. 3-yr Migration probability question on Bond 6. Probability of defaulting bond being BB or C (given...

I have a hard time believing Q1 cutoff in each section would be at 85%. Heck even 80%...I'm doubtful of it. If indeed Q1 is at between 80-85% I'm SOL! I'd have expected Q1 to be at ~75-80% and Q2 to be at ~60-65%, with the overall cutoff to pass at ~65/100 marks.

What was that on risk mgmt failure? And wrong distribution?

Hmm, recall any other answers? It sounds like setting up of the limits framework would be the correct answer, but I need to know the other two options. Cause as far as I can tell in reality, the board risk committee is responsible to set up a limits framework and the board of directors approves...

Was that the correct answer? I’ve a feeling I selected it, but can’t be sure. Was this the obvious answer or were there other tight choices?

Maybe high fifties for a difficult paper. By all accounts this seemed to have been a fair paper difficulty wise. So I'm thinking pass would be at around 65, maybe slightly lower at 62 or 63.

I'd definitely not have selected an answer referencing an incorrect/unsound model. So yeah, I think I should have selected the correct answer here.

There was a question on the quants side. It said in the past 250 days, at 99% VAR there were 3 exceedences observed. Question then asked for the probability of exactly 3 exceedences occurring at 99% VAR. How did you guys do this? Did the question ask to assume binomial distribution? Or were you...

I'm trying to recall question from Foundations of Risk Management. There should be 20 questions in all, but I can only recall 10. Can someone see what I'm missing out on? I've got 18/25/25 questions for Books 2/3/4 respectively. 1. IR/Sharpe ratio 2. Impact of Beta/volatility on...