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Some exam provider allowed the candidate to see its overall performance at the end of the test, I do not know if it will be the case for the november exam session... 1/1/1/1 means that the candidate scored top quartile in each section ... with 80/100 you are assured to get 1/1/1/1 grades

Is the FRM recognized in France ?!

Yes, in all cases, the question should provide some context. But, personally, I will stick with the above mentioned formula (in all the official report I wrote and ongoing audit I supervise, I use the BCVA with survival probabilities).

The regulatory practice (IFRS 13) is to include the survival probabilities (marginal prob) into the BCVA calculation such that BCVA = CVA SURV - DVA SURV. And risky asset value = risk free asset value - BCVA.

I just went through your pdfs, those are common FRM1 formulas, you will find multiple threads in the BT forum about that...

I agree with the above comments, BT asks much more in term of understanding than just the knowledge required to pass the exams ... then the FRM is a professional certification, the paper alone does not bring much added value... the added value comes from your third party material and the effort...

Thanks you both!

All in for december mate, we will see how things work out! And I am just preparing with BT notes / exercises / forum, right now the forum feels like my second (virtual!) home ehehe

Not that hard, but there is a lot of content... less than 3 months seems low ( but if you have the pro xp that can help you, just sit for december)

I knew it, congrat mate! :)

I agree, I know I have studied for myself and this is ok for me... but if I am on this learning journey I would like the certificate to somewhat reflect kind of prestige ... I have passed top quartiles and it was hard to obtain .... Anyway after the FRM, i will go for the arpm certification and...

update : may 2021 pass rate. Source: GARP official

Solution: Link a good compensation package to the quality of the exam and we will get a state of the art FRM exam ehehe :)

I really don't know but here I found a list of the garp board of trustee : https://www.garp.org/about/board-of-trustees "A board of trustees is an appointed or elected group of individuals that has overall responsibility for the management of an organization. The board of trustees is typically...

I mean, the garp guys are not supposed to be profesionnals exposed to risk management ? I mean "serious" people with phd, quant profile and all that stuff .... how can they (repeatedly!) make errors for a "basic" risk management exam ...

Correct, but maybe garp will give you an early registration option if you pass the exam, I don t know

you will be able to register once you pass part 1, part 2 exam is cbt format and will be held in december

any idea of the may 2021 pass rate ?

Also interested , anyone please ? :)

You will be fine , no worry mate