Bionic Turtle

Bionic Turtle

  1. The Office (Official Admin)

    1. Announcements

      Discussions:
      84
      Messages:
      1,694
      Latest: Win prizes for forum participation!! Gdb, Jun 28, 2017 at 2:32 AM
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    2. Today's Daily Questions

      David writes totally fresh, totally original practice (quiz) questions every week: a fresh set of three (4) from Mon to Thursday = 12 new practice questions per week. A few hungry customers like to follow along, so we post them here.

      Paid members please note: you do not need to collect practice questions one at a time! After a chapter (or section of related chapters) is finished, Nicole collects them into a single PDF file and uploads to the Study Planner. Most paid members will want to go straight to the study planner (unless you want to discuss/etc in the forum). Thank you!
      Discussions:
      637
      Messages:
      1,608
      Latest: P2.T5.703. VaR backtest and VaR mapping Nicole Seaman, Jun 22, 2017 at 11:20 AM
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    3. Today's YouTube

      Free videos posted to YouTube
      Discussions:
      7
      Messages:
      29
      Latest: Hedging with index futures David Harper CFA FRM, Oct 7, 2016
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    4. David's Notebook

      These are my random notes, stuff I think might be useful based on member/visitor interactions
      Discussions:
      110
      Messages:
      533
      Latest: FRM T2. Quantitative Analysis > Learning Spreadsheets: Commentary David Harper CFA FRM, Jun 19, 2017
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    5. FAQ's

      Discussions:
      46
      Messages:
      336
      Latest: Getting Started With Your Purchased Materials Nicole Seaman, Jun 27, 2017 at 10:38 AM
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    6. After the FRM: Careers & Other Exams (eg, CFA)

      Discussions:
      60
      Messages:
      376
      Latest: Certification for Alternative Investment Risk Management Scorpy, Jun 8, 2017
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  2. Financial Risk Manager (FRM). Free resource

    These forums are available and free to the PUBLIC. Please note the generally follow the organization of GARP's syllabus. "P2.T6" = Part 2, Topic 6 and "(25%)" = 25% weight in the Part 2 exam.

    1. About FRM

      About the FRM or bionicturtle.com FRM prep service
      Discussions:
      1,031
      Messages:
      12,148
      Latest: May 2017 Part 2 Exam Feedback farahm, Jun 28, 2017 at 2:42 PM
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    2. Part 1 FRM Study Groups

      Create a new study group or look for existing study groups for Part 1 of the FRM exam
      Discussions:
      17
      Messages:
      238
      Latest: FRM level 1 Nov. 2017 study group in Egypt Rajesh1612, Jun 18, 2017
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    3. Part 2 FRM Study Groups

      Create a new study group or look for existing study groups for Part 2 of the FRM exam
      Discussions:
      4
      Messages:
      45
      Latest: Whatsapp FRM Part 2 Group (Active) camal, Jun 28, 2017 at 6:37 AM
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    4. Risk (general)

      General risk topics that don't fit neatly into the nine FRM topics
      Discussions:
      30
      Messages:
      94
      Latest: Data Validation David Harper CFA FRM, May 16, 2017
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    5. P1.T1. Foundations of Risk (20%)

      Discussions:
      274
      Messages:
      1,188
      Latest: R8.P1.T1.Amenc_Ch4_RISK_MGMT_Topic:INFORMATION_RATIO_RESIDUAL vs_ACTIVE gargi.adhikari, Jun 9, 2017
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    6. P1.T2. Quantitative Methods (20%)

      Discussions:
      658
      Messages:
      2,550
      Latest: What's wrong with my PV calc? chatty06, Jun 10, 2017
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    7. P1.T3. Financial Markets & Products (30%)

      Discussions:
      544
      Messages:
      2,333
      Latest: Errors Found in Study Notes P1.T3. Financial Markets & Products JulioFRM, Jun 20, 2017
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    8. P1.T4. Valuation & Risk Models (30%)

      Discussions:
      420
      Messages:
      1,789
      Latest: R27.P1.T4.Hull_Ch13_15_19:Topic: BINOMIAL_TREE_OPTION_PRICING brian.field, Jun 25, 2017 at 3:45 PM
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    9. Fixed Income (P1.T4 or P2.T5)

      Tuckman L1 (Chapters 1,2,3 & 5) and L2 (Chapter 6, 7, 9, 21). Fabozzi's Handbook of MBS Chapters 1 & 31.
      Discussions:
      87
      Messages:
      331
      Latest: Principal Component Analysis Matthew Graves, May 12, 2017
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    10. P2.T5. Market Risk (25%)

      Discussions:
      630
      Messages:
      2,665
      Latest: Fixed income mapping flex, Jun 17, 2017
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    11. P2.T6. Credit Risk (25%)

      Discussions:
      554
      Messages:
      2,147
      Latest: Malz Chapter 8:Portfolio Credit Risk David Harper CFA FRM, Jun 7, 2017
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    12. P2.T7. Basel II & Regulatory

      Classified under Operational Risk & Integrated Risk but a big topic
      Discussions:
      93
      Messages:
      371
      Latest: Basel II - Vasicek Formula Derivation David Harper CFA FRM, Jun 22, 2017 at 11:40 AM
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    13. P2.T7. Operational Risk & ERM (25%)

      Discussions:
      240
      Messages:
      785
      Latest: Loss component under SMA David Harper CFA FRM, May 19, 2017
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    14. P2.T8. Investment Management (15%)

      Discussions:
      207
      Messages:
      745
      Latest: Grinold, Chapter 14: Portfolio Construction David Harper CFA FRM, Jun 10, 2017
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    15. P2.T9. Current Issues (10%)

      Discussions:
      44
      Messages:
      175
      Latest: Costs of Funds - US Banks brian.field, Apr 14, 2017
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  3. FRM Practice Questions (PQs; for PAID customers)

    These forums (below) are for PAID BT CUSTOMERS ONLY. Each fresh, original practice question is posted here first and becomes a future reference for (i) follow-up questions, (ii) related comments, or (iii) proposed corrections if you have a disagreement or perceive a potential error or typo

    1. GARP Part 1 (P1) Practice Exam Questions

      Discussions:
      40
      Messages:
      249
      Latest: GARP 2016 P1 Question 74 (garp16-p1-74) David Harper CFA FRM, May 18, 2017
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    2. GARP Part 2 (P2) Practice Exam Questions

      Discussions:
      75
      Messages:
      417
      Latest: Notes from my review of GARP's 2017 Part 2 Practice Exam David Harper CFA FRM, Jun 18, 2017
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    3. Errata (eg, FRM Handbook) or Key Exam Issue

      Discussions:
      409
      Messages:
      549
      Latest: 2010 GARP Practice Exam L2 Q11 EDF, EL & UL David Harper CFA FRM, May 17, 2017
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    4. P1.T1. Foundations of Risk

      Practice questions for Foundations: Intro, CAPM, APT, Stulz, and Case Studies
      Discussions:
      118
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      717
      Latest: P1.T1.705. Fama-French three factor model (Bodie's multifactor models continued) Elensa, Jun 27, 2017 at 1:21 PM
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    5. P1.T2. Quantitative Analysis

      Practice questions for Quantitative Analysis: Econometrics, MCS, Volatility, Probability Distributions and VaR (Intro)
      Discussions:
      354
      Messages:
      2,286
      Latest: P1.T2.202. Variance of sum of random variables khalidmunawer89, Jun 15, 2017
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    6. P1.T3. Financial Market & Products

      Practice questions for financial markets & products: Hull (options, futures & derivatives), commodities, FX, and corporate bonds
      Discussions:
      157
      Messages:
      1,900
      Latest: L1.T3.175. Interest rate swap valuation & swap rate David Harper CFA FRM, Jun 22, 2017 at 12:14 PM
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    7. P1.T4. Valuation & Risk Models

      Practice questions for valuation and risk models: value at risk (VaR), binomial, BSM, Greeks, Tuckman's bonds, bond sensitivities, stress testing, credit ratings, expected/unexpected loss, OpRisk intro
      Discussions:
      116
      Messages:
      1,590
      Latest: P1.T4.322. Empirical approaches to fixed income hedging RaDi7, Jun 5, 2017
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    8. P2.T5. Market Risk

      Practice questions for Market Risk Measurement & Management
      Discussions:
      345
      Messages:
      1,892
      Latest: P2.T5.703. VaR backtest and VaR mapping Nicole Seaman, Jun 22, 2017 at 11:18 AM
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    9. P2.T6. Credit Risk

      Practice questions for credit risk
      Discussions:
      281
      Messages:
      1,458
      Latest: P2.T6.314. Equity, junior and senior securitization tranche reactions to default rate and correlatio RaDi7, Jun 27, 2017 at 3:08 PM
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    10. P2.T7. Operational Risk

      Practice questions for operational risk and Basel II (Basel III)
      Discussions:
      205
      Messages:
      713
      Latest: P2.T7.509. Collateral markets (Malz) David Harper CFA FRM, May 19, 2017
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    11. P2.T8. Investment Management

      Practice questions for investment management and risk management
      Discussions:
      163
      Messages:
      620
      Latest: P2.T8.18. Statistical significance of alpha David Harper CFA FRM, Jun 15, 2017
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    12. P2.T9. Current Issues

      Practice questions for current issues
      Discussions:
      51
      Messages:
      81
      Latest: P2.T9.707. Corporate debt in emerging economies bob fisher, May 6, 2017
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    13. BT Part 1

      Part 1 practice questions
      Discussions:
      25
      Messages:
      154
      Latest: BT2012.P1.23. Credit rating migration (transition) matrix hellohi, Nov 11, 2016
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    14. BT Part 2

      Part 2 practice questions
      Discussions:
      21
      Messages:
      180
      Latest: BT2012.P2.16. Risk contribution of credit exposure cindyzhan, Nov 4, 2016
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    15. Miscellaneous Practice Questions

      Prior Exam or Not Classified
      Discussions:
      76
      Messages:
      177
      Latest: Stulz’ debt overhang? EK, May 5, 2013
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    16. [P1.T2.] Textbook: Essentials of Econometrics

      Discussions:
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      171
      Latest: Gujarati.07.07 David Harper CFA FRM, Oct 14, 2016
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    17. [P1 & P2] Jorion, Value at Risk (VaR) 3rd Ed

      Discussions:
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      Messages:
      3
      Latest: Basis Risk in Factor Model Srilakshmi, Sep 21, 2016
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    18. [P1 & P2]Text: Options, Futures & Derivatives, 8th

      Discussions:
      121
      Messages:
      186
      Latest: Problem 11.4 (Hull 8th edition) David Harper CFA FRM, Sep 15, 2016
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  4. FRM Archive

    Older forums are located (eventually transferred) to the location below. These forums are often LESS RELEVANT to current FRM candidates. However, due to the relative continuity of the FRM's underlying structure--despite its continuous churn--they continue to offer some relevance.

    1. GARP Part 1 (P1) Practice Exam Questions, ARCHIVES

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      (Private)
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    2. GARP Part 2 (P2) or FULL Exam Questions, ARCHIVES

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    3. [P1 & P2]Text: Options, Futures & Derivatives, 7th

      Assigned in 2010: Estimating volatility & correlation (Ch 21); Chapters 1 - 7, 9 and 10; Binomial (Ch 11), BSM (Ch 13), Greeks (Ch 17), Credit risk (Ch 22), Credit derivatives (Ch 23), Volatility smile (Ch 18), and Exotic options (Ch 24)
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      (Private)
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