Bionic Turtle

Bionic Turtle

  1. The Office (Official Admin)

    1. Announcements

      Discussions:
      96
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      1,976
      Latest: David is on vacation August 1st through 12th emilioalzamora1, Aug 16, 2018 at 12:02 PM
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    2. Today's Daily Questions

      David writes totally fresh, totally original practice questions every week: a fresh set of three questions on Mon and Wed = 6 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:
      734
      Messages:
      1,776
      Latest: P1.T4.814. The lognormal property of stock prices and the assumptions of Black-Scholes-Merton (BSM) Nicole Seaman, Aug 20, 2018 at 9:22 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:
      143
      Messages:
      595
      Latest: Week in Risk (August 19th) David Harper CFA FRM, Aug 19, 2018 at 10:12 PM
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    5. FAQ's

      Discussions:
      70
      Messages:
      587
      Latest: Questions about work experience Nicole Seaman, Aug 20, 2018 at 11:53 AM
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    6. After the FRM: Careers & Other Exams (eg, CFA)

      Discussions:
      68
      Messages:
      408
      Latest: operational risk management certificates Indira Ghosh, Jul 27, 2018
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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:
      1,058
      Messages:
      14,030
      Latest: FRM usefulness for working risk professionals Karim_B, Aug 15, 2018 at 8:35 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:
      44
      Messages:
      775
      Latest: Frm level 1 November 2018 arunjain1308, Aug 20, 2018 at 11:20 AM
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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:
      13
      Messages:
      249
      Latest: Whatsapp FRM Part 2 Group (Active) planetronni, Aug 19, 2018 at 11:07 PM
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    4. Risk (general)

      General risk topics that don't fit neatly into the nine FRM topics
      Discussions:
      40
      Messages:
      117
      Latest: Investing in the stock market Matthew Graves, Aug 14, 2018 at 4:28 AM
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    5. P1.T1. Foundations of Risk (20%)

      Discussions:
      289
      Messages:
      1,301
      Latest: Economic Earning/Accounting Earning umerkhan, Aug 20, 2018 at 3:08 PM
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    6. P1.T2. Quantitative Methods (20%)

      Discussions:
      707
      Messages:
      2,796
      Latest: Errors Found in Study Notes P1.T2. Quantitative Methods gprisby, Jul 26, 2018
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    7. P1.T3. Financial Markets & Products (30%)

      Discussions:
      595
      Messages:
      2,680
      Latest: Hull Chapter 7 Swaps David Harper CFA FRM, Jul 18, 2018
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    8. P1.T4. Valuation & Risk Models (30%)

      Discussions:
      452
      Messages:
      1,982
      Latest: Interest Rate Swaps (Key Rate Duration) Nicole Seaman, Jul 30, 2018
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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.
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      90
      Messages:
      372
      Latest: P1.T4 Valuation & Risk Models - Tuchman Ch. 2 Spot, Forward and Par Rates rakeshranjan11, May 11, 2018
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    10. P2.T5. Market Risk (25%)

      Discussions:
      676
      Messages:
      2,932
      Latest: Market risk calculation and interpretation AlexFrm, Aug 20, 2018 at 5:15 PM
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    11. P2.T6. Credit Risk (25%)

      Discussions:
      579
      Messages:
      2,298
      Latest: Gregory's Spreadsheet JG_XLS_8.4 (CCS swap) David Harper CFA FRM, Aug 19, 2018 at 2:28 PM
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    12. P2.T7. Basel II & Regulatory

      Classified under Operational Risk & Integrated Risk but a big topic
      Discussions:
      92
      Messages:
      386
      Latest: Errors Found in Study Notes P2.T7. Operational & Integrated Risk David Harper CFA FRM, May 16, 2018
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    13. P2.T7. Operational Risk & ERM (25%)

      Discussions:
      249
      Messages:
      827
      Latest: BASEL optional readings David Harper CFA FRM, May 14, 2018
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    14. P2.T8. Investment Management (15%)

      Discussions:
      211
      Messages:
      803
      Latest: Difference between Marginal and incremental VAR Flashback, May 29, 2018
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    15. P2.T9. Current Issues (10%)

      Discussions:
      47
      Messages:
      191
      Latest: Errors Found in Study Notes P2.T9. Current Issues Karim_B, May 23, 2018
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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:
      56
      Messages:
      363
      Latest: 2016 FRM Part 1 Practice exam Qn 52 FlorenceCC, Aug 20, 2018 at 5:02 AM
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    2. GARP Part 2 (P2) Practice Exam Questions

      Discussions:
      95
      Messages:
      554
      Latest: GARP FRM PQ P2 54 (garp17-p2-54) Karim_B, May 18, 2018
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    3. Errata (eg, FRM Handbook) or Key Exam Issue

      Discussions:
      412
      Messages:
      560
      Latest: Any threads for errors in P2 Focus Review Videos or Mock Exams? Nicole Seaman, Apr 27, 2018
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    4. P1.T1. Foundations of Risk

      Practice questions for Foundations: Intro, CAPM, APT, Stulz, and Case Studies
      Discussions:
      117
      Messages:
      848
      Latest: P1.T1.404. Tracking error, information ratio, and Sortino (Amenc) gargi.adhikari, Aug 15, 2018 at 8:26 PM
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    5. P1.T2. Quantitative Analysis

      Practice questions for Quantitative Analysis: Econometrics, MCS, Volatility, Probability Distributions and VaR (Intro)
      Discussions:
      308
      Messages:
      2,546
      Latest: P1.T2.705. Correlation (Hull) gprisby, Aug 20, 2018 at 5:07 PM
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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:
      152
      Messages:
      2,383
      Latest: L1.T3.152. Basis risk (Hull) David Harper CFA FRM, Aug 20, 2018 at 12:24 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:
      106
      Messages:
      1,795
      Latest: P1.T4.814. The lognormal property of stock prices and the assumptions of Black-Scholes-Merton (BSM) Nicole Seaman, Aug 20, 2018 at 9:19 AM
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    8. P2.T5. Market Risk

      Practice questions for Market Risk Measurement & Management
      Discussions:
      324
      Messages:
      2,301
      Latest: VASCIEK Model jaivipin, Aug 17, 2018 at 4:16 PM
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    9. P2.T6. Credit Risk

      Practice questions for credit risk
      Discussions:
      263
      Messages:
      1,731
      Latest: P2.T6.321. Credit exposure metrics (Gregory) jaivipin, Aug 14, 2018 at 2:46 PM
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    10. P2.T7. Operational Risk

      Practice questions for operational risk and Basel II (Basel III)
      Discussions:
      210
      Messages:
      878
      Latest: P2.T7.804. Extreme value theory (EVT) approaches (Dowd Ch. 7) rtiwar17, Aug 14, 2018 at 10:14 PM
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    11. P2.T8. Investment Management

      Practice questions for investment management and risk management
      Discussions:
      155
      Messages:
      745
      Latest: P2.T8.413. Hedge fund due diligence (Mirabile) abhilashaa, Aug 10, 2018
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    12. P2.T9. Current Issues

      Practice questions for current issues
      Discussions:
      56
      Messages:
      97
      Latest: P2.T9.802. Big Data: New Tricks for Econometrics by Hal Varian David Harper CFA FRM, May 13, 2018
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    13. BT Part 1

      Part 1 practice questions
      Discussions:
      25
      Messages:
      156
      Latest: BT2012.P1.23. Credit rating migration (transition) matrix David Harper CFA FRM, Apr 6, 2018
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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:
      183
      Latest: Interest rate cap/floor Nicole Seaman, Nov 1, 2017
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    16. [P1.T2.] Textbook: Essentials of Econometrics

      Discussions:
      51
      Messages:
      179
      Latest: Gujarati.08.09 David Harper CFA FRM, Aug 20, 2018 at 2:51 PM
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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] Hull's Options, Futures (OFOD 8, 9 ,10th)

      Discussions:
      126
      Messages:
      234
      Latest: Hull.01.32 Nicole Seaman, Aug 17, 2018 at 10:03 AM
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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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