Hi David,
Im really grateful for your wonderful website. I have been checking it for a couple of months now, and I've learning plenty,
I will sit for the FRM 2008, although Garp tells that 250-400 hours average might be enough for the exam, I think its a huge underestimation IF YOU HAVE NO BACKGROUND. At first I did not think that it would be a problem, but it really is, so if your work is related with risk management, I believe you are extremely lucky in this exam..
There are 83 core readings (I go with shweser) just even reading them once takes like 200 hours. If you read it twice it takes like 350-400 hours. And there are hundreds of concept that you should digest, think and solve problems on.
You first read Quant Sec. then move to market and credit risk, when you go back to check quant section again after 3 months, you angrily see that you forgot them...
If a guy with no math and risk background says that he can do it with just 400 hours, he must be either genious or really lucky (bec. in lots of questions you end up with two choices, 50% chance), or I'm missing something...
I have already did more than 700 hours... still don't feel that I'm in good shape after the practice exams.
I don't know...I guess these guys doing the test in 400 hours with no backgrounds are smarter than I'm...
Anyway again thanks for your nice website...
Tj
Im really grateful for your wonderful website. I have been checking it for a couple of months now, and I've learning plenty,
I will sit for the FRM 2008, although Garp tells that 250-400 hours average might be enough for the exam, I think its a huge underestimation IF YOU HAVE NO BACKGROUND. At first I did not think that it would be a problem, but it really is, so if your work is related with risk management, I believe you are extremely lucky in this exam..
There are 83 core readings (I go with shweser) just even reading them once takes like 200 hours. If you read it twice it takes like 350-400 hours. And there are hundreds of concept that you should digest, think and solve problems on.
You first read Quant Sec. then move to market and credit risk, when you go back to check quant section again after 3 months, you angrily see that you forgot them...
If a guy with no math and risk background says that he can do it with just 400 hours, he must be either genious or really lucky (bec. in lots of questions you end up with two choices, 50% chance), or I'm missing something...
I have already did more than 700 hours... still don't feel that I'm in good shape after the practice exams.
I don't know...I guess these guys doing the test in 400 hours with no backgrounds are smarter than I'm...
Anyway again thanks for your nice website...
Tj