Prepare to Pass – the first time!

FRMCFA

Access a Variety of Tools to Help You Succeed

Our new organized and structured study planner provides a visual path of the core materials essential in your preparations for the FRM Exam. Learn More Structured
Study Planner
We have the world’s most active FRM forum by a wide margin. There is no other place on the internet where you can find FRM topics explored in such breadth and depth. Learn More Active
Community Forum
Bionic Turtle was one of the first FRM preparation providers to instruct with videos. We have been explaining GARP’s syllabus for almost a decade with video. Learn More Instructional
Videos
We probably owe our reputation to our question sets. Our founder, David Harper, has been writing FRM questions for almost a decade. Learn More Question Sets
We deliver thousands of FRM questions in two ways: Question Sets and Interactive Quizzes. Learn More Interactive Quizzes
Focus Review Videos are high-impact video reviews. The FRM abounds in details; deciding which details matter might be the most important idea of all. Learn More Focus
Review Videos
To our knowledge, we are the only FRM preparation provider who offers Learning Spreadsheets. These are Excel-based workbooks which illustrate almost all of the exam’s quantitative concepts. Learn More Learning
Spreadsheets

Try Bionic Turtle Free

No credit card required

Check Our Youtube Content

Our YouTube channel has nearly 500 videos, with more being added each week. The videos follow the FRM syllabus, and subjects range from introductions of topics such as "What is Financial Risk" to in-depth discussions of advanced subject matter such as derivatives and securities. Videos include example spreadsheets, allowing you to follow along as David Harper teaches critical concepts and how to use them. Join the more than 55,000 subscribers by clicking HERE and get notified when new videos are added!

Why Our Customers Choose Bionic Turtle

Week in Financial Education (June 21, 2021)

Welcome to the latest WIFE. For Part 1, we have a new practice question (PQ) set for the insurance chapter (FMP-2). I have a question about the combined ratio after dividends (CRAD). This CRAD measure is interesting because some sources subtract the dividend, CRAD = CR - D, while others (like GARP) add per CRAD...

Read More

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. Especially in regard to hazard rate properties (especially when applied to counterparty CVA), our members continue to spot solutions that are misleading. Ironically, some misunderstandings are...

Read More

Week in Financial Education (June 14, 2021)

Welcome to another WIFE. Last week we added a new practice question (PQ) set for the Insurance chapter (P1.FMP-2) and a new PQ set for the Risk Monitoring chapter (P2.IM-7). Trying to be realistic, for the mortality table, I pulled actual projected 2021 period life tables from the Social Security Administration at https://www.ssa.gov/. We received...

Read More
Business people

A Trusted Source for Knowledge

Week in Financial Education (June 21, 2021)

Welcome to the latest WIFE. For Part 1, we have a new practice question (PQ) set for the insurance chapter (FMP-2). I have a question about the combined ratio after dividends (CRAD). This CRAD measure is interesting because some sources subtract the dividend, CRAD = CR - D, while others (like GARP) add per CRAD...

Read More

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. Especially in regard to hazard rate properties (especially when applied to counterparty CVA), our members continue to spot solutions that are misleading. Ironically, some misunderstandings are...

Read More

Taking the FRM Exam?