Sorry I missed your earlier comment.
I work at a financial data & analytics company on our risk model offering.
The FRM helped me better understand the work I'm doing - especially the Market Risk and Risk Mgmt & Investment Mgmt pieces.
Now I have to keep learning and go deeper...
I followed the order of the GARP learning objectives, and it seemed to make sense (e.g. several of the Market Risk concepts like VaR then re-appear in other parts of the curriculum).
I know others who didn't follow that order and did fine, so you probably have some flexibility...
Hi @nikic @spartakus
Attached is a benchmarking analysis document which GARP commissioned for the FRM & ERP.
If I'm reading it correctly the FRM is comparable to a Master's in the UK (the table includes other countries too).
Screenshot of the overview table:
UK qualification levels...
I’m 41 and just got FRM certified last month, so we old dogs can still learn new tricks :)
My math was also rusty and I had to review it and put in quite a bit of time, but if you’re willing to do the work it’s feasible :)
If you look in the Resources section of the BT forum there’s...
Hi @David Harper CFA FRM
It's been pretty hot here in London, but climate change is just a hoax ;)
So aside from the umbrella which @emilioalzamora1 correctly suggested, also be prepared for hot weather since the infrastructure is geared towards cold, so you end up feeling it more here (no air...
Doing 3 chapters a day with all of: "reading GARP core-> BT videos -> BT notes -> BT questions for each" sounds like a lot to me, but I know I'm slower than average at getting through the material.
Personally I started doing BT videos -> BT notes -> BT questions but wasn't diligent...
A few more study & exam tips in addition to my post above:
1) If you don't get a concept 100% on the 1st pass, that's OK. Don't dwell on one thing for too long since you'll end up having to rush through later readings to stay on schedule. There's a lot of material to cover, and...
Thanks @Bernard57950 :)
I've just passed Part II and am waiting to hear back about my work experience.
Good luck for your exam!
P.S. Realized I goofed on the dates above since the terrible Pearson eBooks were when I originally signed up for the Nov 2017 part II exam before I deferred to...
Hi @emilioalzamora1 @Nicole Seaman @rujiewang
Now that I'm at my laptop I found the relevant section from my results letter after passing the Part II exam :)
"Please don’t forget to opt-in to the Certified FRM Directory"
I think on average it takes 2 weeks to 1 month for the work experience to be verified. I don't think there's anything else to do other than wait for the reply from GARP after you've submitted the work experience.
Once certified you need to opt in to the Certified FRM Directory if...
Now that GARP are with VitalSource Bookshelf you can (when I had originally signed up for the Nov 2017 part II exam before I deferred, they were with a different Pearson ebook solution which was terrible and didn't let you copy), but the quality varies from book to book.
I'm in the same boat as you and just relied on BT as my primary source, referring back to the GARP materials from time to time when an acronym wasn't explained or I struggled with a topic. It would have taken too long for me to read through the GARP material as my primary...
The quartiles represent 25% each, so to take an extreme example the same 3,3,3,2,1 could represent a very different score if you're at the top or bottom of the range for all of them.
Top of the range:
Bottom of the range:
I think it's the...
I think on average it takes about 2 weeks based on some previous BT posts, and the time frame in the results letter:
"If you submit this information by September 15, 2018, your certificate will be included in the September 28, 2018