How long does it usually take to get back once work experience has been submitted? I submitted the day the results came out.
Also, experience is 10 months as a retail auto loan underwriter and 19 months as a commercial banker. I also work with treasury including establishing derivatives...
For sure. It was more a general question but a few examples are on page 4, 7, and 14 of chapter 36 of the BT study notes.
I basically mean defining the parameters in the equations.
So if you have sigma(t,i) and sigma(T,i) in an equation, an explanation of what sigma is (a good guess would be...
When I click the link to download the pdf version of the notes, it just opens the same page I was on in a new tab. I was able to successfully download 3 readings, but then it stopepd working. Are the notes not out yet? Please advise.
Nicole, thank you for you're reply. I will be looking into Bionic Turtle as an alternative this time around as I did not feel adequately prepared for Part 1 using Schweser.
Are you able to give me any estimate on the time candidates generally report studying for Part 2?
Does Bionic Turtle have physical copies of the study material?
Would you consider Part 2 to be more or less difficult than Part 1?
Would you say more or less time is needed to study for Part 2 than Part 1?
I am considering writing Part 2 in Nov 2015 but concerned I may have waited too long.
I see, I was thinking that it assigned more weight and probability to the more extreme losses (which is incorrect because that is already factored into the probability density of the returns).
The above now makes sense thanks to your help.
I am confused about expected shortfall.
Does it apply equal weightings to all losses past a certain quantile?
In the context of a normal distribution, will this bias the expected value towards the lower end of the tail?
Thank you for any help!