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The fact that FRM® is a lifetime designation is very attractive.:) However, it is very difficult to pass the FRM exam. It takes a lot of effort and time to pass the FRM exam.:eek: After passing the toughest exam, You get a lifetime FRM certification!!:D

Yes. I felt that the FRM® exam was really difficult and I also felt that Certification process was not easy. :eek: This is quite natural. Although I have experienced a two-year career in the past, I have described a job experience that is not related to financial affairs.:( In conclusion, The...

That's right. It is extremely natural that the FRM® exam become more difficult. It's not just because of the feedback from FRM applicants for 190 countries. It is expected that the FRM PART3 curriculum will be added HAHA.:D By the way!!!!! My experience was rejected!!!! I failed to qualify for...

I remember 1Year Probability of default is stated. but 2Year Probability of default is not stated. I tried to remember question but my memory was blurred.

Yes. However, Probability of default is constant. I don't remember what I chose I think correct answer is a or b

Is there anyone who remembers CVA calculation? I know how to slove this question However I don't remember what I chose. a, b, c, d..I think I chose a or b.

It’s just not gonna happen. 2015 Nov FRM exam results was out by 5 Jan. 2016 May FRM exam results was out by 28 Jun. I chose Credit Linked Note too. It was sooooooo tricky.

I chose MVaR. There are many similar problems in the garp practice exams. MVaR is a means to reduce the risk. The additional amount of risk that a new investment position adds to a portfolio. This problem asked how they minimize the risk when new investment position added.