# Search results

1. ### Exam Feedback November 2021 Part 2 Exam Feedback

In case anyone wants to know how long it takes to get the certificate, I received it today 4/4/22 after pretty much having forgotten about it (I was certified on 2/14/22).
2. ### Exam Feedback November 2021 Part 2 Exam Feedback

I finally got mine today 2/14 as well (submitted the 20th too)!!
3. ### Exam Feedback November 2021 Part 2 Exam Feedback

…I’m still waiting too! Sent my experience on 1/20/22
4. ### Exam Feedback November 2021 Part 2 Exam Feedback

The question I got was slightly different to yours. It had different amounts, where there was no OC, and they mentioned that some of the loans had defaulted before interest was due. There were also two SOFR rates given, where I suppose one of them were there to confuse. Given the information...
5. ### Exam Feedback November 2021 Part 2 Exam Feedback

Not sure if we had a similar question but I was unable to arrive at a number that was presented in the answer choices for the Equity/Mezz/senior cash flow question.
6. ### Exam Feedback November 2021 Part 2 Exam Feedback

Ack you are right. I just found it in my notes in [CR-3] :(
7. ### Exam Feedback November 2021 Part 2 Exam Feedback

Wow - amazed you recalled that bit. I don't think I would have pulled that out of my Part I memory bank even if I tried. Yes, the question mentioned that the PD was Bernoulli.
8. ### Exam Feedback November 2021 Part 2 Exam Feedback

One other question that bugged me was a UL calculation question where the EAD, PD, LGD, Volatility of LGD inputs were given. The Volatility of the PD was not given but they expected you to calculate the UL. Anyone know what other ways the volatility of the PD can be derived?
9. ### Exam Feedback November 2021 Part 2 Exam Feedback

for this question I rescaled the mean by 252, and the volatility by SQRT(252), and the answer was \$1,330,xxx (I think it might have been "C")
10. ### Exam Feedback November 2021 Part 2 Exam Feedback

I had a lognormal VaR quantitative question. I was able to get the answer after scaling the mean & the volatility from annual to daily.
11. ### Exam Feedback November 2021 Part 2 Exam Feedback

As others have said, the Part II Exam was more qualitative than quantitative (I had about 15 minutes left at the end and I counted out 17 quantitative questions where I had to use my calculator). I would also say that the LOs were covered quite well - all topics are fair game, and I felt it was...
12. ### GARP Announcement - Transitioning to CBT in 2021

@sulemanms202 thank you and good luck to your exam too!!
13. ### FAQ After Exam Quartiles and weights - Exam results

@davidharper Thank you for your response; no rush
14. ### FAQ After Exam Quartiles and weights - Exam results

@David Harper CFA FRM would you have the same spreadsheet for the P2 exam? I was trying to recreate it for the second part but dont quite understand the grey box how to get the values in the grey boxes (specifically the row "Index") Thank you
15. ### Exam Feedback May 2021 Part 1 Exam Feedback

Since there wasn’t a separate pass rate for January 2021 I guess they are combined with May 2021? Does anyone know?
16. ### GARP Announcement - Transitioning to CBT in 2021

I took the Part I CBT exam in May 2021 at a PSI Center. They provided me with 2 sheets of blank paper and a pencil. The two pieces of paper were enough. On the right hand side of the screen, you will be able to see the list of questions where you can revisit them before submitting, as well as...
17. ### Exam Feedback May 2021 Part 1 Exam Feedback

Passed with 1,2,1,1. For reference, my results were 60/100 on exam day. I really did not think it would be a pass at that time, so I'm still feeling a bit shocked and in a daze. With two exam postponements I ended up studying over 400 hours using both Kaplan and Bionic Turtle study materials...
18. ### GARP Announcement - Transitioning to CBT in 2021

Also I wonder how the additional ztable will be provided (physical paper or as a link to be referred to while taking the test).
19. ### 2021 Exam Updates from GARP (for 2021 postponed exam updates only)

Yes, scheduled to finally take the CBT Part I exam in NYC. There seemed to be a lot of exam centers open when I booked, including one near me in my neighborhood. I wonder how it will be; I am guessing we are timed by the program.
20. ### Exam Feedback January 2021 Part 1 Exam Feedback (postponed 2020 exam)

I don't think that Durbin-Watson test is part of the 2020/1 Learning Objectives or notes/GARP text from my search. Surprised they would ask about it, unless it was in passing?