Bionic Turtle

Bionic Turtle

  1. The Office (Official Admin)

    1. Announcements

      Discussions:
      85
      Messages:
      1,704
      Latest: Win prizes for forum participation!! murrayf, Jul 22, 2017 at 11:39 PM
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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:
      648
      Messages:
      1,630
      Latest: P1.T3.716. Arbitrage and the cost of carry model (Hull Chapter 5) Nicole Seaman, Jul 26, 2017 at 1:52 PM
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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:
      47
      Messages:
      345
      Latest: Should I sit for both parts on the same day? emilioalzamora1, Jul 20, 2017
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    6. After the FRM: Careers & Other Exams (eg, CFA)

      Discussions:
      60
      Messages:
      377
      Latest: Salary review after FRM Veda, Jul 18, 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:
      1,033
      Messages:
      12,242
      Latest: Haven't yet received Study Notes and others documents mohamedahmedch, Jul 26, 2017 at 12:54 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:
      19
      Messages:
      246
      Latest: Zimbabwean study group kudzai muchono, Jul 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:
      5
      Messages:
      53
      Latest: Whatsapp FRM Part 2 Group (Active) Ank, Jul 17, 2017
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    4. Risk (general)

      General risk topics that don't fit neatly into the nine FRM topics
      Discussions:
      31
      Messages:
      96
      Latest: Correlations btwn Credit Risk and Operational Risk QuantMan2318, Jul 21, 2017 at 12:33 PM
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    5. P1.T1. Foundations of Risk (20%)

      Discussions:
      274
      Messages:
      1,192
      Latest: P1T1 - Foundations of risk management - Crouhy - The essentials... Shikhar_Pachori, Jul 18, 2017
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    6. P1.T2. Quantitative Methods (20%)

      Discussions:
      673
      Messages:
      2,603
      Latest: Coskewness and Cokurtosis Nicole Seaman, Jul 4, 2017
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    7. P1.T3. Financial Markets & Products (30%)

      Discussions:
      558
      Messages:
      2,404
      Latest: R19.P1.T3.FIN_PRODS_HULL_Ch26_ExoticOptions_Topic:Barrier-Options gargi.adhikari, Jul 27, 2017 at 2:28 AM
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    8. P1.T4. Valuation & Risk Models (30%)

      Discussions:
      435
      Messages:
      1,863
      Latest: Calculating revised VaR Hybrid approach emilioalzamora1, Jul 22, 2017 at 8:35 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:
      643
      Messages:
      2,710
      Latest: Is Var procyclical or countercyclical David Harper CFA FRM, Jul 12, 2017
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    11. P2.T6. Credit Risk (25%)

      Discussions:
      560
      Messages:
      2,177
      Latest: Learning spreadsheet P2.T6 Malz ch7 David Harper CFA FRM, Jul 22, 2017 at 4:03 PM
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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
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    13. P2.T7. Operational Risk & ERM (25%)

      Discussions:
      241
      Messages:
      790
      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:
      748
      Latest: Professor Jorion, chapter 7 stephenjohn, Jul 12, 2017
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    15. P2.T9. Current Issues (10%)

      Discussions:
      45
      Messages:
      182
      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:
      43
      Messages:
      264
      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:
      78
      Messages:
      429
      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:
      117
      Messages:
      720
      Latest: P1.T1.705. Fama-French three factor model (Bodie's multifactor models continued) Elensa, Jul 12, 2017
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    5. P1.T2. Quantitative Analysis

      Practice questions for Quantitative Analysis: Econometrics, MCS, Volatility, Probability Distributions and VaR (Intro)
      Discussions:
      319
      Messages:
      2,206
      Latest: P1.T2.300. Probability functions (Miller) David Harper CFA FRM, Jul 11, 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:
      134
      Messages:
      1,842
      Latest: P1.T3.716. Arbitrage and the cost of carry model (Hull Chapter 5) Nicole Seaman, Jul 26, 2017 at 1:47 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:
      89
      Messages:
      1,494
      Latest: P1.T4.328. Delta-gamma value at risk (VaR) (Allen) sharda_ram, Jul 13, 2017
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    8. P2.T5. Market Risk

      Practice questions for Market Risk Measurement & Management
      Discussions:
      320
      Messages:
      1,828
      Latest: L2.T5.43 Multi-period binomial interest rate tree (Tuckman) Nicole Seaman, Jul 25, 2017 at 2:00 PM
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    9. P2.T6. Credit Risk

      Practice questions for credit risk
      Discussions:
      275
      Messages:
      1,442
      Latest: P2.T6.710. Merton, survival time, and z-spread Nicole Seaman, Jul 25, 2017 at 9:47 AM
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    10. P2.T7. Operational Risk

      Practice questions for operational risk and Basel II (Basel III)
      Discussions:
      205
      Messages:
      709
      Latest: Instructional videos zahra.saied, Jul 26, 2017 at 8:36 PM
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    11. P2.T8. Investment Management

      Practice questions for investment management and risk management
      Discussions:
      163
      Messages:
      618
      Latest: P2.T8.18. Statistical significance of alpha (Bodie) David Harper CFA FRM, Jun 15, 2017
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    12. P2.T9. Current Issues

      Practice questions for current issues
      Discussions:
      48
      Messages:
      66
      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:
      51
      Messages:
      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:
      3
      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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