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Scores Nov 2015 Part 1 : 1112 Pass May 2016 Part 2 : 31131 Pass First try on both, used a combo of other sources and BT for part 1 and BT only for part 2. After Part 1 I felt very confident, I pretty much knew I passed and the exam was below expectation. After Part 2 I was very worried, the...

Passed. Very relieved, all that hard work paid off.

I had two dreams last night, in one I failed, in the other I passed. So it was a very emotional night.

Difficult exam. Tricky. More quant than expected. Much more difficult than part 1 Nov 2015. It is up in the air for me. Short on time. Guessed a few. Got super turnt at the raptors game. (Game 3 yeeeee!) Going to bed. Mad hangover tm morning probably.

Had my first FRM Part2 dream last night. My brain was fighting to explain OIS spreads. Its like a nightmare when you cant run.

At this point its a crap shoot. I just hope I know enough to pick out wrong answers.

Yeah I havent read current topics yet. Saved those bad boys for the end. Just finishing up the last of the BT question and will probably power read it sunday.

WE CAN DO IT!

ahh. Ok I was under the impression that fixed-leg counterparty meant paying fixed. So when you read "fixed leg counterparty" you look at it in terms of what you receive. I'm suprised I havent caught that in the past. Thanks.

Yeah just the way it was worded I guess. I would say "If the CDS spread increases, the premium for CDS protection increases"

"If the CDS spread increases, the premium paid by the fixed-leg counterparty increases. This causes a gain to existing fixed-leg payers, who in retrospect got into their positions cheap" from :P2.T6.308. Credit default swap (CDS) spread curves (Malz section 7.3) Should'nt the premium remain the...

All these Basel changes are melting my brain.

Hammering BT questions FTW

Hey fellow BT'ers I'm getting ready to write Part 2 in May. I'm looking to see if ppl are willing to share their mind maps as I havent got around to making one for 2 yet and may be able to save some time. Attached is what I would have considered my mind map for part 1. I do have a slightly...

Read all of the material. Reviewd most of the BT notes. Still dont know anything. Part 2 not sticking like 1 did. STRESSIN'

Apprently someone passed P2 with 4,4,4,1,1. It's somewhere in this thread with an explanations as to how that is possible.

Passed 1/1/1/2 . I mostly used Schweser for readings and signed up for BT a month prior in order to get access to the Qbank. BT was well worth it as it went above and beyond in terms of difficutly, this helped me stay motivated and kept me on my toes. The exam was easier than expected, I was...

I was expecting something much more difficult. But I did put in a lot of time. Maybe I was just well prepared. Now the wait.