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i found the CFA to be more difficult because of the breadth of the material. Level 2 was harder than Parts 1 and 2 of the FRM to me, but like i said it was more b/c of the scope than the material itself. Level 3 is hard because of the essays. Level 1 CFA <<<<<<<<<<<Part 1 FRM...

Thank you. i wish you success. if you have any questions please let me know. Congratulations and get take a break until november. i started in january and it was tight for me and that wasn't because i was studying for both exams. i'm going to celebrate as much as i can.

Getting past level 2 is quite a feat. I would say start studying as early as possible. The material is relatively smaller but it's dense. By april 1st you should be done with all your studies. Take notes, i mean anything with a list of adv/disadvantages, methods, whatever it is. Index card...

i am more in the risk domain but i wanted to have a solid understanding of valuation at a widespread level. If it interests you, take a look at it. Send GARP an email. you've been waiting quite a while.

i passed level 3 of the CFA exam as well. Good luck to all that took it as well.

been anxious for most of the summer.... wondering what was i thinking ... i pretty much studied every chance i got ... i hope that i didn't take away too much from Level III. either way, it's done. still must wait another 2 weeks for the results. thank you for the kind comments. i've been so...

no idea how it works then ... hopefully most people will be waiting no more than 45 days from submission ...

i got the email a couple of hours ago. i sent in my resume/CV 2 or 3 days after the results.

i sent an email and the response stated, we go in order.... not thrilled about the response but it's whatever at this point.

that's great. i'm still waiting on my end as well. Are there any others who have had their information verified by GARP since Part II results?

thanks man, i appreciate the comments. i was bummed reading the responses ... but like others said ... there were a lot of other ?s that were not discussed ... so i'm glad i cleared ... now i get to relax until cfa results in august ... i will celebrate this weekend man ...

i can relate to this as well ... i recommended a colleague to take the test in november b/c by then all the materials should be available and available for review in time for the exam ... but i am happy w/ the result of course. once again, i do appreciate all of BTs hard work ... and i am...

i just saw the email ... i check my email sporadically and had no clue. i passed. 2 - 1 - 1 - 2 - 2. GL to the rest of you. Thank you David and the BT team ...

i just saw the email ... i check my email sporadically and had no clue. i passed. 2 - 1 - 1 - 2 - 2. GL to the rest of you. Thank you BT ...

looks like i have a lot more studying to do come november ... reading this thread has been hilarious given all the different interpretations ...

spread was 80 and stock price was 20 ... so I did 1/2(.80/20)*($20 *50,000 shares) = 20,000 for the liquidity portion of the VaR

it was definitely 80 on my paper ... any chance people had different papers to prevent cheating? does GARP do that?

yeh when you divide it you should get 20,000 for the 2nd part

i remember getting something around 36,000. i think it was something like the spread was .80 and the price of the stock was 20. does anyone know this one?

i don't remember all the choices but i believe it was something to do with extending the time frame to once again capture that volatile period. So that left options such decreasing lamba or w/e choices increased the time period