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I have never touched GARP books. I don't think you should read that much actually. Just do BT questions and try mock exams the last 1 or 2 weeks before exams.

Good luck @RKenn4844, whatever choice you make, hope it works out

Back when I started reading up about various FRM-related study packages in 2019, BT was the only practice provider that stood out with its comprehensive and thorough question banks. Already, I knew that it would be the best provider given that it prepared you well for the FRM exams with its...

Passed with 1,2,2,1,1,3 on the first try! I want to thank @David Harper CFA FRM and @Nicole Seaman for their help all these years. Definitely would recommend BT to others!

Hi @Nicole Seaman cc @David Harper CFA FRM , Hope you are doing well. Not sure if this is the right thread, but I believe there is some UI error on the liquidity risk section of FRM part II. There should be a review quiz at the end of the liquidity risk section?

Thanks @Nicole Seaman, would it be too much to request for an updated global topic review QSets(from @David Harper CFA FRM)? I found them especially helpful.

Hi @Nicole Seaman , Hope everything is going well! Not sure if this is the right thread, but I recall in the past we had a practice question set (that covers all the chapters within a section - say Market Risk of FRM Part II) before attempting the online quizzes on BT's study planner. Is that...

Awesome stuff! The goats of FRM and CFA are together :):)

Hi @roysaikat98 , Hopefully I understand your question, the PD is the dependent variable and the independent variables are ratios. Since you are asking about the computing a PD model for each account and reference date combination, I assume that leaves us with 8 different LG models from your...

Hi @Gypsymat , I don't think it makes any sense for GARP to reject any request. All they are looking for is a reason to approve your request as an additional ", FRM" in your name card provides free publicity to them. You can probably try to highlight as much of financial risk management...

Hi @Nishant Xavier , A bit late, but good luck for your exam!

Hi @Adriano , Thanks, I took a closer look at the notes and realized I said something wrongly above. If you look at the top and bottom equation from your screenshot, y actually changes into gamma (the Greek symbol that looks like y but is not y). The derivation for what is going on above is...

Hi @Adriano , You would probably have to provide more context for this particular equation... always provide more details so it is easier for us to answer your question. Just looking at the pattern of the math: y_t * y_(t - tau) = phi * y_(t - 1) * y_(t - tau) + epsilon_t * y_(t - tau) →...

Hi @marshmallow , That seems unlikely, do you mind taking a screenshot of the question?

Hi @txakama , I don't think there is a formula per se but rather a method of calculating. Here are the steps (anyone can create them as long as one understands the concept of ES and I assume that your 2000 observations are daily $P&L): 1. Order the losses from greatest to least (most profit)...

Hi @man.gao777 , I did not touch any of the GARP materials other than their exam papers; only studied with BT. That being said, different people prefer materials. I feel that BT is fully sufficient because questions are what make you really understand the material and there is no way to...

Hi @Chris , I don't think they provide t tables, only the z tables. You can take a look at the previous exams to compare what references GARP offers on the exam template.

Hi @dorathy , You can probably just email GARP to reconsider. They would be happy to grant you the certification, it is free publicity for them anyway.

Hi @etzaros , When you mentioned "But then the exercise states that Ha: μ<9. Where is my mistake?", are you referring to the statement in the question "Among this sample, the average satisfaction score (on a scale of one to 10) is 8.50 with a sample standard deviation of 1.90"? If that is the...