Hi David

Since I will be on my annual leave for 3 weeks in DEC08, I was thinking of making the optimum use of the leave to prepare for FRM 2009. Could you suggest me the way to start. Honestly, I am heavily banking on your notes which I wish would not require me to go through the core readings. But if that does’nt happen than I have to refer the core readings.

However, whatever it might takes, I have to do it. So please suggest me the approach. Also let me know should I also go through all screen casts for 2008 before starting 2009?.

Your response would be highly appreciated.

Thanks

Sumit

Hi Sumit,

“let me know should I also go through all screen casts for 2008 before starting 2009?”
While that may be helpful, it is not necessary or essential. In regard to the FRM 2009 cirriculum, GARP is maybe starting to think about it now.
(I’ve submitted five pages of recommendations to them, and I have more feedback myself to give.)
Bottom line: the FRM 2009 cirriculum is not currently known. And we should expect material changes (vis a vis 2008) for two reasons: (i) the 2008 FRM needs improvements, as evidenced by certain feedback pattern in GARP’s forum and in our forum herr and (ii) the credit crisis will strongly influence the new cirriculum [even more so than it influenced 2008].

It’s a good bet the eight Gujarati chapters will repeat, since they were fresh last year (but even that is not guaranteed). So, the Gujarati is a fine place to start. I am currently working hard on site relaunch and “early bird” FRM 2009 program (for those who want an early 2009 start) but I am not ready to give you specific guidance. I hope to learn more about the 2009 FRM as soon as possible.

In the meantime, any study of core risk ideas is helpful; e.g., core quant, core market risk (Hull & Tuckman), credit is harder to anticipate (it was frankly a weak setup in FRM 2008 so i am hoping for changes), any Basel II study is useful, any traditional investment (i.e., portfolio theory, CAPM, SML, CML) is useful. Alternatives (hedge funds) are harder to anticipate; has been changing each year. As i think about it, studying Hull and Tuckman is a great way to get started because those topics (derivatives, fixed income) are virtually timeless.

Sorry i can’t give better help ahead of your leave, but the new site (in January) will be very strong on early help…

Thanks, David

Hi David,

I have same idea with Sumit. 

Can i have FRM 2008 (ASAP) + FRM 2009 (after launched) by purchase it now ($399) ?

Regards,

Syaiful

Hi David,

Please e mail me when the early bird is ready.

Frank