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1. November 2018 Part 2 Exam Feedback

Submitted on the 17th of January. Just got an email from GARP that I have been certified at last!

3. FAQ After Exam ARPM (Advanced Risk and Portfolio Management) certificate

Passed FRM Level 2! Thanks David and Nicole for the enormous support. This also serve as a culmination in my 6 years experience in the Financial Services Industry (2 years in Data Analytics & Machine Learning for Consumer Credit, 1-1/2 in Model Validation in Banking, and 3 years as Quant...
4. FAQ After Exam ARPM (Advanced Risk and Portfolio Management) certificate

I have just completed the ARPM certificate (Levels 1 and 2 plus a final project). It is open notes for 4 hours exam each level. You can do the computing in a software (e.g. Matlab / Python) since you may be required to manipulate matrices. It is far more quantitative than FRM and it is designed...
5. Errors Found in Study Materials P2.T6. Credit Risk

I have the 2018 GARP copy of De Laurentis and the normal cdf operator is present.
6. Errors Found in Study Materials P2.T6. Credit Risk

From P2.T6. Credit Risk Measurement & Management Giacomo De Laurentis, Renato Maino, and Luca Molteni: Developing, Validating and Using Internal Ratings (p. 21) N = the cumulated normal distribution operator is missing in the probability of default. The text has this operator.
7. Gregory's Spreadsheet JG_XLS_8.4 (CCS swap)

All errata are errata from the text but not from the spread sheet related. From the updated spreadsheet https://cvacentral.com/books/credit-value-adjustment/spreadsheets/ it has the expression =SQRT(C17^2+D17^2+2*IRFXCorr*C17*D17) C17 - from IRS D17 - from FX forward
8. Gregory's Spreadsheet JG_XLS_8.4 (CCS swap)

There is a correction in the spreadsheet: JG_XLS_8.4 (CCS swap) Example at time 0.025 PFE for CCS =SQRT(B17*(10-B17)^2*IRVol^2+B17*FXVol^2+2*IRFXCorr*B17*SQRT(10-B17)*IRVol*FXVol) The square root term on the last term should be eliminated and thus the correct formula is...
9. May 2017 Part 1 Exam Feedback

I encourage you to purchase it together with BT. The learning experience not just passing the exam would be far richer by investing both of these.
10. May 2017 Part 1 Exam Feedback

Thanks Dave and to BT Team ... BT rocks! Count me in to your passing statistic ... I thought that I won't make it. Here are my quartiles: 2-1- 3-1 ... a junior quant here aspiring to get a deeper understanding of risk and finance through the FRM exams.