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FRM® Exam

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Why Should I Obtain My FRM Certification?                                         

Many financial risk candidates have a difficult time deciding which designation would be best for them. There are many reasons that candidates should take the GARP FRM exam...

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Why is FRM Certification Important?                                            

The FRM certification (Financial Risk Manager) is one of the most highly recognized risk management designations. It is issued by the Global Association of Risk Professionals (GARP)....

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FRM Exam Overview, Registration Guide and Deadlines

To become a Certified FRM, candidates must pass the very difficult Financial Risk Management (FRM) exam. Candidates also have to complete two years of work experience....

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FRM Exam Preparation Tips and Recommendations                                                           

Many of Bionic Turtle’s members have provided feedback with suggestions on the best practices for FRM exam preparation. Whether you use Bionic Turtle’s materials solely for...

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Why is Financial Risk Management Right for me                                                            

Earning your Financial Risk Manager (FRM) certification with accreditation from the Global Association of Risk Professionals (GARP) will prepare you for success. . You’ll be able to work within financial markets...                                                                                                                    

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The Benefits of Using FRM Prep Course                                                                    

Adding Bionic Turtle’s Financial Risk Manager (FRM) course to your study plan can not only save you time and money, but it can increase your pass rate immensely. The FRM exam is very difficult...                                                                                                                    

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The Vast Selection of FRM Jobs                                                                                             

Deciding that you want to become a certified FRM, and starting your search for FRM jobs, is the first step to beginning your FRM career!... 

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FRM Study Guide                                                                                                    

The FRM study guide is updated each year by the GARP committee and consists of learning objectives relevant to both Parts 1 and 2  ....          

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Comparison of the FRM and CFA Designations                                                              

When candidates are trying to decide which designation they want to pursue, the comparison of the FRM vs CFA often comes to mind. The FRM is an excellent way for candidates to improve their knowledge of...                                                                                                                    
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FRM® Study Plan

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Bionic Turtle’s Practice Questions

We currently have over 4,500 practice questions, published in our study planner and in the forum. Further, we have hundreds of practice questions that are discussed in the forum, including at least 200 in-depth discussions of current and previous GARP practice exam questions....

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Utilizing the Bionic Turtle Forum

The Bionic Turtle Financial Risk Management (FRM) exam Forum was created to provide our website visitors with a place where they can quickly find information about FRM concepts...                                                                                                                                                                                                                                                                                                               
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Top 7 FRM Study Tips                                                  

It can be difficult for new Financial Risk Manager (FRM) exam candidates to get started with their preparation. Having a plan in place that is unique to your skillset is vital to your....                                                                                                                    

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Other Great Info

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Modified Duration                                                                                                                     

Our forum contains hundreds of questions about duration. Duration often vexes new candidates, in part because there are several types. Let’s first settle a confusion: the units of all durations are years (time)....

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GARP FRM Pass Rate Information                                                                                             

Professionals who use our services are able to pass the FRM exam at a highly successful. Our customers often come to us with little knowledge of how to study for their Global Association of Risk Professionals...                                                                               

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Spot Rates                                                                                                                                    

Spot prices are a basic building block in finance, but they are tricky when the commodity is money. When the commodity is money, spot prices are called spot rates (a.k.a., spot interest rate)...                                                                                                                               

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What Is a Z Table?                                                                                                                        

Functions based on the normal distribution are easy to retrieve in code or excel, so we do not really need z tables anymore, in practice. But we still want to understand the z table...                                                                                          

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Capital Market Line (CML) vs. Security Market Line (SML)                                                    

We received a question on YouTube that is helpful in understanding the relationship (and difference) between the Capital Market Line (CML) and the Security Market Line (SML) ....

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Capital Adequacy                                                                                                                  

Financial analysts analyze company performance with different sets of ratios; e.g., earnings per share, return on equity. As a ratio, capital adequacy is just a special solvency ratio, not  ....

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A technical note on inferring cumulative default probability from credit spreads

I wanted to write a note about a mistake in one of GARP’s Pre-Study Practice Exams. Unfortunately, although we’ve given plenty of feedback over the years, technical mistakes persist....

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David Compares Durations in CFA vs. FRM                                                                       

I’d like to clarify duration terminology as it pertains to differences between the CFA and FRM. Our forum has hundreds of threads over 12+ years on duration concepts (it’s hard to say which ....

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Introduction to the Quantitative Foundation of Risk – Present Value                                          

A common question asked by FRM candidates (and people who are considering whether to sit for the FRM exam) is, where can I find an introduction to the math? Although the FRM ....

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Delta-Gamma Value at Risk (VaR) as Taylor Series                                                                     

Alberto asked a good question here about using the delta-gamma formula to estimate the VaR of an option position. Lu Shu (lushukai) gave an excellent reply and he itemized the four possible ....

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Archives

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What Do the Instructional Videos Include?                                                               

Bionic Turtle was one of the first Financial Risk Management (FRM) preparation providers to use FRM video lectures. We currently offer 67 hours of instructional videos for the full FRM curriculum ...                                                          

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What Do the Interactive Quizzes Include?                                                              

We deliver thousands of FRM sample questions and answers in two ways: Question Sets and Interactive Quizzes are key tools to use in order to achieve correct on the Financial Risk Management (FRM) exam. ...

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What Do the Focus Review Videos Include?                                                              

Focus Review Videos are high-impact video reviews. The Financial Risk Management (FRM) exam abounds in details and deciding which matter the most might be the most important idea of all...

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What Do the Learning Spreadsheets Include?                                               

To our knowledge, Bionic Turtle is the only Financial Risk Management (FRM) exam preparation provider who offers Learning Spreadsheets. These are Excel-based workbooks which illustrate almost...

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How many FRM practice questions are included in your materials?

We currently have over 4,500 Financial Risk Management (FRM) practice questions (2,000+ for Part I and 2,300+ for Part II), published in our study planner and in the Bionic Turtle Forum....

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What Does Your Structured Study Planner Include?                                         

The Bionic Turtle Study Planner is your personal headquarters for FRM preparations. We’ve just launched the third generation of our Study Planner based on years of feedback and experience with customers...

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