For what it's worth ...
BT questions seem tougher and contain multiple steps (build upon itself) compare to GARP. You only have about 2.5 minutes per question so the calculations will not be as complex for every exam question. Some questions are simply plugging numbers into a formula. Also, you...
On a test like this time is important. With smart watches coming on the market it can give a candidate an unfair advantage. If the test site is in a classroom some have clocks in the back of the room only visible to the instructor. Based on the 2015 GARP Exam Policies the proctors will do an...
I am not sure if this has been already discussed.
= 1,000,000 ∗ √0.05 ∗ 0.03 + 0.10 ∗ 0.08 = US$ 97,467
Shouldn't .10 be .1o^2? The LR or LGD in the UL formula is squared. This would result in an UL of $47,958.
@Nixon this is my 1st time using BT. I previously used Schweser. S provided books & power point which seem to be like the Study Notes. I was able to understand S books better then GARP. BT forum seems to be more interactive with Q&A. What I did not like about S was that so much info was packed...
@ClaudiaM I do agree that the study planner for BT is confusing. As mentioned in other post by BT they are in the process of updating material for 2015. Do you have the 2015 GARP books? I would recommend start reading book one. Most of the Foundations of RM is theory. This will allow time for BT...
Hi @ClaudiaM. I am not in Denver but will take the FRM part I in Denver. I have sat for the exam previously. My advice would be to know the formulas, how to use your calculator and prepare as much as possible (sure you already know this). Take practice exams to become familiar with the types of...
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