Bionic Turtle

Bionic Turtle

  1. The Office (Official Admin)

    1. Announcements

      Discussions:
      95
      Messages:
      1,954
      Latest: 2018: Part 2 New and Updated Published Materials Flashback, May 24, 2018
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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:
      725
      Messages:
      1,765
      Latest: P2.T7.802. Risk appetite framework (RAF) Nicole Seaman, Jun 20, 2018 at 9:47 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:
      136
      Messages:
      585
      Latest: Week in Risk (June 17th) David Harper CFA FRM, Jun 17, 2018 at 7:46 PM
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    5. FAQ's

      Discussions:
      68
      Messages:
      533
      Latest: BA II plus calculator doubt David Harper CFA FRM, Jun 21, 2018 at 2:56 PM
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    6. After the FRM: Careers & Other Exams (eg, CFA)

      Discussions:
      66
      Messages:
      402
      Latest: Probability Nicole Seaman, May 11, 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:
      1,053
      Messages:
      13,643
      Latest: May 2018 Part 2 Exam Feedback Nicole Seaman, Jun 21, 2018 at 12:36 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:
      35
      Messages:
      600
      Latest: Frm level 1 November 2018 Vasudha, Jun 22, 2018 at 3:01 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:
      11
      Messages:
      164
      Latest: Whatsapp FRM Part 2 Group-November 2018 lukas_breuer1, Jun 11, 2018
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    4. Risk (general)

      General risk topics that don't fit neatly into the nine FRM topics
      Discussions:
      38
      Messages:
      114
      Latest: Managing Risk on Balance Sheet Flashback, Apr 27, 2018
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    5. P1.T1. Foundations of Risk (20%)

      Discussions:
      285
      Messages:
      1,265
      Latest: Efficiente porfolio and well-diversificated portfolio. joarca1971, Jun 17, 2018 at 2:59 PM
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    6. P1.T2. Quantitative Methods (20%)

      Discussions:
      705
      Messages:
      2,774
      Latest: Wold theorm David Harper CFA FRM, May 15, 2018
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    7. P1.T3. Financial Markets & Products (30%)

      Discussions:
      597
      Messages:
      2,675
      Latest: Options on futures contracts FlorenceCC, Jun 21, 2018 at 3:15 AM
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    8. P1.T4. Valuation & Risk Models (30%)

      Discussions:
      449
      Messages:
      1,971
      Latest: unexpected vs expected losses Galaxy, May 21, 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.
      Discussions:
      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:
      669
      Messages:
      2,899
      Latest: CIR Model, Tuckman, Chapter 10 David Harper CFA FRM, May 17, 2018
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    11. P2.T6. Credit Risk (25%)

      Discussions:
      578
      Messages:
      2,296
      Latest: FRM Practice Exam Part II Nov 2017 oldfed, May 18, 2018
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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:
      55
      Messages:
      350
      Latest: PRACTICE EXAM SCORES AND ACTUAL EXAM RESULT truongngo, May 19, 2018
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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:
      830
      Latest: P1.T1.704. Bodie's multifactor models PaulTomlin, May 8, 2018
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    5. P1.T2. Quantitative Analysis

      Practice questions for Quantitative Analysis: Econometrics, MCS, Volatility, Probability Distributions and VaR (Intro)
      Discussions:
      306
      Messages:
      2,470
      Latest: P1.T2.699. Linear and nonlinear trends (Diebold) Nicole Seaman, May 18, 2018
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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:
      2,367
      Latest: P1.T3.723. Swaps: valuation with OIS and LIBOR, comparative advantage, and currency swap valuation FlorenceCC, Jun 19, 2018 at 3:42 AM
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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:
      101
      Messages:
      1,745
      Latest: P1.T4.809. Coherent risk measures (Dowd Ch.2) Nicole Seaman, Jun 18, 2018 at 8:28 AM
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    8. P2.T5. Market Risk

      Practice questions for Market Risk Measurement & Management
      Discussions:
      323
      Messages:
      2,261
      Latest: P2.T5.712. Backtesting value at risk (VaR) exceptions (Jorion Ch.6) David Harper CFA FRM, Jun 14, 2018
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    9. P2.T6. Credit Risk

      Practice questions for credit risk
      Discussions:
      263
      Messages:
      1,725
      Latest: P2.T6.707. Stress testing counterparty exposures David Harper CFA FRM, May 18, 2018
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    10. P2.T7. Operational Risk

      Practice questions for operational risk and Basel II (Basel III)
      Discussions:
      206
      Messages:
      870
      Latest: P2.T7.802. Risk appetite framework (RAF) Nicole Seaman, Jun 20, 2018 at 9:23 AM
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    11. P2.T8. Investment Management

      Practice questions for investment management and risk management
      Discussions:
      155
      Messages:
      739
      Latest: P2.T8.709. Ang on Factors and Factor Theory David Harper CFA FRM, May 18, 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:
      174
      Latest: Gujarati 04.15 abraham_arun2018, Jun 20, 2018 at 9:58 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:
      125
      Messages:
      225
      Latest: HULL 5.29 gargi.adhikari, Apr 12, 2018
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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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      (Private)
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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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