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  1. H

    FAQ Exam Break During FRM exam

    When I took the FRM exam, I just asked an invigilator that I wanted to go to the toilet, and the invigilator let me go.
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    Exam Feedback November 2018 Part 2 Exam Feedback

    I submitted my work experience on January 9 and got certified yesterday.
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    Exam Feedback November 2018 Part 2 Exam Feedback

    I change the date to 2019-01-04 and see my results. I passed with 1,1,1,1,1.:)
  4. H

    Exam Feedback November 2018 Part 2 Exam Feedback

    My status has changed too. I think I have passed.
  5. H

    Exam Feedback November 2018 Part 2 Exam Feedback

    Yes, it’s updated. I passed part1 in May 2018. Now I can’t find my name in this list.
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    Exam Feedback November 2018 Part 2 Exam Feedback

    You can use this link "https://www.garp.org/sfdc/candidates/passed/frm2/2018-11-17" to see the original json data.
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    Exam Feedback November 2018 Part 2 Exam Feedback

    This is how I interpret the question: A bank can't figure out PD only base on the application information. There should already have a model base on their existing customers to predict PD. And the application information is complex so CART may be the model the bank already have. My...
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    Exam Feedback November 2018 Part 2 Exam Feedback

    Clustering identifies outliers that do not have strong connections with the rest of the data. You can't predict PD with clustering only. For example , you can use clustering to divide the applicants into 10 classes. But without any PD information about some applicants in each class. You will...
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    Exam Feedback November 2018 Part 2 Exam Feedback

    OC is used to protect equity tranche. For example, the par value of the backed asserts are 100 million, and a MBS is issued with a value of 99 million. Then 1 million can be lost before any damage to the equity tranche. Waterfall is used to protect senior tranche. Because the equity tranche...
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    Exam Feedback November 2018 Part 2 Exam Feedback

    The answer can't be clustering. The question is to predict PD, which is a y label. You should choose a regression model.
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    Exam Feedback May 2018 Part 1 Exam Feedback

    Passed with 3111. Foundations of Risk Management is too hard for me.
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    Exam Feedback May 2018 Part 1 Exam Feedback

    There are only 4000 names in that list. So maybe its not the final one.
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