roundboutme
New Member
Passed FRM part 2. (1,1,3,2,2,3). Big thanks to BT. Finally we can live our lives normally from now on.
Not identical. A lot of the questions discussed here weren't on my exam.Are the exam questions identical for all candidates, or are they randomized from a large question bank?
Randomised from pool of questions with variations of course within itAre the exam questions identical for all candidates, or are they randomized from a large question bank?
There will always be self-reporting bias, but from my experience being with BT for 9 years, many people do not provide feedback in the forum if they did not pass. Most people who passed want to let it be known, but not everyone wants to announce that they did not pass, which is completely understandable because it is very disappointing after spending so much time studying. I've received emails from some who did not pass, so that tells me that they may just not everyone else to knowdid anyone fail by any chance? Are we experiencing self reporting bias?
GARP generally does not release the pass rate right away.What was the pass rate for this exam?’
There will always be self-reporting bias, but from my experience being with BT for 9 years, many people do not provide feedback in the forum if they did not pass. Most people who passed want to let it be known, but not everyone wants to announce that they did not pass, which is completely understandable because it is very disappointing after spending so much time studying. I've received emails from some who did not pass, so that tells me that they may just not everyone else to know
Thanks Nicole. I appreciate it. The only reason i had asked is that someone posted four 4’s and passed. I was speechless!There will always be self-reporting bias, but from my experience being with BT for 9 years, many people do not provide feedback in the forum if they did not pass. Most people who passed want to let it be known, but not everyone wants to announce that they did not pass, which is completely understandable because it is very disappointing after spending so much time studying. I've received emails from some who did not pass, so that tells me that they may just not everyone else to know
Thank you NicoleGARP generally does not release the pass rate right away.
63% as per the website.GARP generally does not release the pass rate right away.
Thank you Nicole
Honestly, to maintain the prestige of the designation, GARP should consider at least lowering the lv2 pass rate.GARP has released the pass rates. 63% for Nov L2.
I remember 2-3 years back when they had released the Nov pass list roughly 4-5k candidates were there for L2 and around 8-9k for L1. As per 2020 annual report, there were ~72k registrations but only 3.8k got certified at the end of the year. I might be wrong, but i think they have a target number for certified candidates each year, which gets achieved by keeping the pass rate close to 60%. Also, someone might not get certified in the same year as passing L2 due to no workex etc.Honestly, to maintain the prestige of the designation, GARP should consider at least lowering
This is an interesting question. What makes you think lowering the pass rate yields to a prestigious designation? In my opinion that thought itself is wrong. As long as you have the skill set and knowledge and are able to manage risk prudently for your employer then it’s sufficient. Also note that candidate pool is different compared to exams like CFA,CAIA etc. if you dismiss this, consider this fact, the pass rates historically hovers around 60%, say if youHonestly, to maintain the prestige of the designation, GARP should consider at least lowering the lv2 pass rate.