I would say the level of difficulty was moderate..questions were doable and i sailed good till 70th and had to make a guess on last 3-4 bcz of time crunch...
What i am expecting..my first 65 questions went well.rest last 15 had to rush fast so not big time confident on them...so
Assuming 35 as 100% correct on a conservative side
35+30*50%+15*50%=57.5
35+30*0.4+15*0.3=51.5
Discounting derivatives (non collateralised or risky assets) should use LIBOR for discounting i dont remember the question but OIS is used to discount close to risk free assets
Hi all,
Basis history the average passing rate has been around 55% candidates clearing part 2. Now expecting on the minimum cutt off score i feel though the exam had medium level of difficulty i believe #40 would be the fair bet if garp plans to maintain 55% passing rate..just my guess....bcz i...
For me i was doing good till 3 hrs 30 mins..till 1-68 question number..but last 30 mins i screwed up a little bit from 70 to 80 where in i was not able to crack the numericals as i panicked a little bit....overall i believe i shud be able to crack in 50+ as correct on conservative side
Hi i believe 7 months would be good enough..i am also planning for may 2017 for p2 and not nov 16. I have completed the 1st section that is market risk and measurement and frankly theres a lot to study compared to p1 in terms of depth..
@David Harper CFA FRM CIPM
@Suzanne Evans
Hi David/Suzanne,
Reg: Whether my previous experience qualifies for FRM or not?
I recently cleared FRM part 1 and wanted your help on the above subject line. I have a total of 6 years of work experience into Banking and Financial services. I have been...
i guess in real life into risk management we do get more than 2.5 mins to solve a situation but solving questions like this within 2 mins is like expecting too much..
i did decently well from questions 1 to 50 in 2 hrs..but screwed up from 51 to 75. last 25 questions went decent enough...theory was confusing while numericals were like never straight forward
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