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Recent content by Salonica

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    Exam Feedback FRM Part 2 (May 2015) Exam Feedback

    That must have been borderline, considering you got 2's for 75% of the exam. Good luck next time.
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    Exam Feedback FRM Part 2 (May 2015) Exam Feedback

    Well done mate. That's not easy. Congrats.
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    Exam Feedback FRM Part 2 (May 2015) Exam Feedback

    Thanks BT. Your notes are quality!!! I do however think you have a lot more room for improvement, such as the fact that you publish some material late or not at all. Saying that, I did not score below 2nd quartile in none of the 9 FRM sections across the 2 levels. This putting much less hours...
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    Exam Feedback FRM Part 2 (May 2015) Exam Feedback

    Results are out. Get in!!! Passed 1-2-2-2-1
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    Exam Feedback FRM Part 2 (May 2015) Exam Feedback

    Come on GARP... Do us a favour and publish the results NOW!!!
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    Exam Feedback FRM Part 2 (May 2015) Exam Feedback

    Portfolio credit VaR is a quantile of the credit loss minus the expected loss of the portfolio. Default correlation has a tremendous impact on portfolio risk.  Default correlation affects the volatility and extreme quantiles of loss but does not impact the expected loss (EL).  If default...
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    Exam Feedback FRM Part 2 (May 2015) Exam Feedback

    Correct. Unfortunately I got this easy one wrong. Along with more easy ones!
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    Exam Feedback FRM Part 2 (May 2015) Exam Feedback

    I couldn't agree more with your conclusion.
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    Exam Feedback FRM Part 2 (May 2015) Exam Feedback

    Right, I've got 52 questions so far. I know it's sad making a spreadsheet list but I think I am going to die of anxiety if I wait until 23rd June. Any more please?
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    Exam Feedback FRM Part 2 (May 2015) Exam Feedback

    Question on stress testing. I answered bank needs to shock risk factors they are most sensitive to. That may be wrong. Also question on external loss of Girling was on a company suffering damage to physical assets (some natural disaster I think).
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    Exam Feedback FRM Part 2 (May 2015) Exam Feedback

    Distribution required for LDA. I answered Poisson
  12. S

    Exam Feedback FRM Part 2 (May 2015) Exam Feedback

    Question on the ordinal measures of correlation. I think answer was that they are not invariant to transformations of variables
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    Exam Feedback FRM Part 2 (May 2015) Exam Feedback

    Liquidity adjusted VaR was around 35k or sth? (really can't remember but straightforward question)
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    Exam Feedback FRM Part 2 (May 2015) Exam Feedback

    Another one on smoothing effect on illiquid assets prices. I chose increase in volatility or sth like that
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