Search results

Hi @Keshav Sorry to hear that, but impressed by your perseverance :) Some things to consider: 1) For the topic where you scored a 2 (Risk Mgmt & Investment Mgmt?), what was different about it for you compared to the other topics? Maybe you found it more interesting, more relevant; whatever the...

For those debating taking Part II in Nov or May I'd add the following (I took part I in May 2017 then had to defer part II from Nov 2017 to this May since work got crazy): 1) There are some references to Part I topics in Part II. They aren't insurmountable (I managed to pass), but it does make...

I haven't gone through the process yet but looks like they ask for your manager's name. Not sure if they check with them.

Hi @rj2890 If you log into the GARP website and go to My Programs there's an additional section to submit your work experience now. Screenshot: If you click the View your Exam Results link the process is described in the PDF that opens: The Next Step—FRM Certification To complete the FRM...

I also passed 2,1,1,1,1 :) Thanks @David Harper CFA FRM @Nicole Seaman !

Hi @David Harper CFA FRM @Nicole Seaman I've been thinking about BT forum enhancement suggestions, and wanted to list some which I think technology might help rather than requiring tons of manual work (hoping they're technically feasible). Edit: Sorry this has turned into an essay, but...

Thanks @Nicole Seaman Just adding this for new questions going forward, and any PQ sets you're updating due to content changes (so those you were going to update anyway) would be a great start :) Thanks! Karim

Hi @David Harper CFA FRM and @Nicole Seaman I've been thinking about BT enhancements lately and agree with @bpdulog that I often found myself scrolling back to the questions when reading some of the answers to remember what the options were and better understand how the answers relate to them...

Hi @krystynkatt I agree with this. I used Schweser for FRM part I in May 2017 and their questions aren't representative of what's on the exam. When I took the GARP mock exam it was a shock in terms of question complexity although I'd been scoring 70%+ on average using the Schweser questions...

Hi @oldfed One of the Schweser guys mentioned the following rules in terms of the GARP FRM questions and the use of the mean in VaR calculations: 1) For Lognormal VaR always use the mean. 2) For Normal VaR don't use the mean unless it's one of the following scenarios: a) Comparing Normal...

Hi @David Harper CFA FRM I think @BoobyMiles is saying you'd crush the competition within 2 test cycles :) Let's see if I read it right when he confirms. Best Karim

Hi @Flashback Yeah so Absolute SaR includes the expected Delta Surplus, and the Relative SaR doesn't include it (both would use the Surplus value). My understanding is that SaR measures funding risk (i.e. does a pension plan sponsor need to fund an excess of liabilities compared to its assets)...

Hi @Flashback I think there are a couple of distinctions between the Surplus at Risk questions you found. 1) Absolute vs Relative SaR Here the difference is whether or not you use the expected change in surplus, similarly as to whether you use the mean return or not in absolute vs relative...

Hi @oldfed The syllabus changes just once each calendar year. So May and November exams within the same year will cover the same material. Hopefully we pass :) Best Karim

Hi @Marco.Musci You can wear glasses, the proctor just needs to check them to make sure they're not smart glasses with an embedded camera of some kind. For the FRM part II they just took a quick look at my glasses, confirmed there was nothing suspicious about them, and I wore them during the...

Hi @Flashback Doing both parts in 1 day is impressive, so given the amount of material you've been through and how fast you've done it, I wouldn't be worried about low scores this early in the game since you have 6 months to keep practicing. Check out this thread which is related to practice...

Hi @antogiar @zhengjun In the email "Last reminders for the May 19th, 2018 FRM Exam" which I received on the 8th of May it says: When do I learn if I passed or not? Exam results - pass or fail - will be sent via email no later than June 28, 2018. Best Karim

Thanks @Nicole Seaman I wasn't able to find the duplicated text now that I've looked again, will let you know if I find it again. I remembered it being an issue in several of the current issues readings, but now I'm not so sure. Unrelated fix: R80-P2-T9 Cont Central Clearing study note on page...

Hi @Nicole Seaman Small correction in 802.1 in the PDF Question Set on page 5 of R78-P2-T9 Varian. There's a random bit of unrelated text in the highlight of the answer below since A is actually correct: Compare this to the answer above which only includes: In regard to (A), (C) and (D)...

Hi @Nicole Seaman @David Harper CFA FRM In R78-P2-T9 Varian Econometrics page 9 there's a term missing in the classic time series model formula. Screenshot: There's also some repeated text in some of the Current Issues study notes but I wasn't able to find it with a quick scan (just...