It was a good exam....I prefer calculations myself but I must say Part 1 was way harder than Part 2 to me. Then again I was so freaked out after Part 1 I took a militaristic approach to Part 2. So I might have just been better prepared.
I agree it was very theoretical even the quantitative...
Yea the answer to no. 20 is 4.63 or something like that. I almost got caught on that one....but there was a GARP practice question that was exactly like it....so I knew that one.
Hi anand99,
Based on my experience from the Part 2 exam, I would say CVA is testable. I recall at least 1 question on calculating a CVA spread. It was a relatively simple cal, but it was still there. Actually, it was very similar to an example you may have seen in David's video.
You may want...
The following was posted on GARPs facebook page : Pass rates for the May 2013 FRM Exam Part I: 45.9%.
Part II: 56.8%. These will be updated on the GARP website next week. Congratulations again!
I passed FRM part 2!! Although I dont post very often on these forums, David and his team greatly assisted in making complex topics understandable to me. My scores were Q1,Q1,Q1,Q1,Q1. Thank you!!!!
@ sitarah
I found this discussion quite amusing as well.
@ tfarrell
Why do you believe that the "main advantage" this exam should have over the CFA is that it is tougher to pass?
GARP recently had a webinar that discussed how the FRM can build & advance your financial career, where...
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