Bionic Turtle

Bionic Turtle

  1. The Office (Official Admin)

    1. Announcements

      Discussions:
      85
      Messages:
      1,719
      Latest: Win prizes for forum participation!! QuantMan2318, Aug 15, 2017 at 12:44 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:
      661
      Messages:
      1,650
      Latest: P1.T3.502. Dollar roll (Tuckman) Bucephalus, Aug 18, 2017 at 11:47 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:
      110
      Messages:
      540
      Latest: Sites we love (in no particular order) QuantMan2318, Aug 13, 2017 at 8:30 AM
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    5. FAQ's

      Discussions:
      47
      Messages:
      353
      Latest: Format of the study materials provided Nicole Seaman, Aug 14, 2017 at 11:30 AM
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    6. After the FRM: Careers & Other Exams (eg, CFA)

      Discussions:
      60
      Messages:
      378
      Latest: operational risk management certificates TK, Aug 17, 2017 at 5:35 PM
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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:
      1,036
      Messages:
      12,264
      Latest: FRM for me? sulemanms202, Aug 16, 2017 at 11:33 AM
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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:
      23
      Messages:
      260
      Latest: Study group for FRM Part 1 Vidhishah, Aug 16, 2017 at 2:06 PM
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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:
      6
      Messages:
      54
      Latest: Add me to whatsapp group Sarfraz Ali, Aug 7, 2017
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    4. Risk (general)

      General risk topics that don't fit neatly into the nine FRM topics
      Discussions:
      32
      Messages:
      97
      Latest: SharePoint Risk Management JoeClark, Aug 16, 2017 at 7:55 AM
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    5. P1.T1. Foundations of Risk (20%)

      Discussions:
      276
      Messages:
      1,203
      Latest: Errors Found in Study Notes P1.T1. Foundations Sumeet. Mehta, Aug 15, 2017 at 10:40 AM
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    6. P1.T2. Quantitative Methods (20%)

      Discussions:
      675
      Messages:
      2,623
      Latest: Z-Table during the exam sharman.jamie, Aug 15, 2017 at 10:31 AM
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    7. P1.T3. Financial Markets & Products (30%)

      Discussions:
      566
      Messages:
      2,451
      Latest: FIN_PRODS_FUTURES_TRADING_CHEAP_vs_DELIVERY_TIME gargi.adhikari, Aug 17, 2017 at 5:49 PM
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    8. P1.T4. Valuation & Risk Models (30%)

      Discussions:
      436
      Messages:
      1,875
      Latest: R25.P1.T4.ALLEN_Ch 2& 3:Topic:TAYLOR_SERIES_APPROXIMATIONS sm@23, Aug 15, 2017 at 11:09 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:
      334
      Latest: Yield curve developments. Some theory QuantMan2318, Aug 13, 2017 at 9:14 AM
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    10. P2.T5. Market Risk (25%)

      Discussions:
      645
      Messages:
      2,728
      Latest: Exogenous Liquidity vs. Endogenous Liquidity QuantMan2318, Aug 13, 2017 at 9:10 AM
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    11. P2.T6. Credit Risk (25%)

      Discussions:
      561
      Messages:
      2,184
      Latest: Gregory - Chapter 15 - Wrong-way Risk Arka Bose, Aug 17, 2017 at 1:29 AM
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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:
      243
      Messages:
      796
      Latest: Standardized Measurement Approach Question trigg989, Aug 16, 2017 at 12:04 PM
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    14. P2.T8. Investment Management (15%)

      Discussions:
      208
      Messages:
      751
      Latest: Risk Budgeting - Risk Contribution of Assets to the Portfolio emilioalzamora1, Aug 15, 2017 at 12:00 AM
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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:
      736
      Latest: L1.T1.32 Tracking Error, Sharpe & Sortino (Amenc) Nicole Seaman, Aug 16, 2017 at 9:39 AM
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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:
      2,211
      Latest: P1.T2.300. Probability functions (Miller) tkvfrm, Aug 2, 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:
      140
      Messages:
      1,851
      Latest: P1.T3.722. Using the swap rate to bootstrap the forward rate and basic interest rate swap valuation Nicole Seaman, Aug 16, 2017 at 11:35 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:
      89
      Messages:
      1,508
      Latest: P1.T4.13. Forward rates (Tuckman) David Harper CFA FRM, Aug 15, 2017 at 8:22 PM
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    8. P2.T5. Market Risk

      Practice questions for Market Risk Measurement & Management
      Discussions:
      320
      Messages:
      1,845
      Latest: L2.T5.28 DV01 duration and price effects (Tuckman) David Harper CFA FRM, Aug 17, 2017 at 1:43 PM
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    9. P2.T6. Credit Risk

      Practice questions for credit risk
      Discussions:
      280
      Messages:
      1,453
      Latest: P2.T6.306. Credit spreads and spread '01 (DVCS; Malz section 7.1) David Harper CFA FRM, Aug 14, 2017 at 2:51 PM
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    10. P2.T7. Operational Risk

      Practice questions for operational risk and Basel II (Basel III)
      Discussions:
      205
      Messages:
      716
      Latest: P2.T7.520. Basel 2.5 with stressed VaR, IRC and CRM (Hull) RaDi7, Aug 18, 2017 at 8:50 AM
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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

      Discussions:
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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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