What chapters in Financial Risk Manager Handbook are covered for FRM Part 1

[dadalee1102]

Hi, Everyone, I have a quick question. I am studying for FRM Part 1, and I am just wondering that what chapters in Financial Risk Manager Handbook are covered for FRM Part 1?

Thank you so much for your help!!!

 

[nikogeorgiev]

Hi

FRM handbook follows FRM AIMs, all recommended readings are included

Niko

 

[David Harper CFA FRM]

Actually, the FRM handbook does not follow the AIMs. Technically, the FRM handbook is not assigned (as 5th ed ~= 4th Ed, the handbook lacks the dynamic update of the AIMs, but is a very solid introduction).

In regard to Exam Part 1, the first three chapters of the handbook (i.e., Parts One to Three) are relevant because they correlate with key parts of Part 1. However, the correspondence is not 1:1. Parts one to three might be (should be) viewed as a supplement but you will still want to review assignments that are not in the handbook (and maybe more importantly, with updated/relevant question set. The strength of the handbook is Jorion's content; the weakness IMO is the relevance/accuracy of some/many of the aged questions).

David