Practice question for Chapter 16 Model Risk

[ydl33060]

Hi David,

I don't seem to be able to find practice question for this topic. Is there any practice question for this chapter to assist our understanding on this chapter?

Thank you

 

[David Harper CFA FRM]

Hi ydl33060,

We do have some questions for that chapter, that I wrote in 2010, see http://forum.bionicturtle.com/forums/p2-t7-operational-risk.36/page-3
... but we don't have them current in the Study Planner (i.e., don't have them in PDF), thanks,

 

[anand99]

I did not want to start a new thread for this so asking the question here. I could not find any practice questions in the 2012 study planner for the following chapters on the Valuation Models topic.

Linda Allen - Chapter 3 Putting VaR to work, Chapter 5 Extending the VaR approach to Operational Risk

Are they located on the forum? Can you point me to them?

 

[David Harper CFA FRM]

Anand, yea, we don't need yet another thread on this, the L.Allen has been asked literally dozens of times, see http://forum.bionicturtle.com/threads/refreshed-practice-question-documents.6145/page-2#post-20569
i.e., we don't have PQ for all the readings.

At some point before the May 2013 exam, I will share/publish the overall map of "gaps" ... although we will fill a lot of them this year. Thanks,

 

[NNath]

Hello BT team, Reverting back to the discussion on Question sets on Dowd Chapter 16 Model Risk, is the "P2.T7.304. Model Risk" only set of question you have, I don't see any added question sets to the Study Planner for this chapter. Thanks.

 

[David Harper CFA FRM]

Hi @NNath that's correct. It looks like there are four old questions (see 18 to 22 at https://forum.bionicturtle.com/forums/p2-t7-operational-risk.36/page-10 ), but we have not prepared a question set for Dowd's Chapter 16. As usual, it's a candidate this semester for new questions (see below) but my problem with this chapter is that (i) it doesn't seem very testable and (ii) it's too philosophical ... I just don't see the benefit