What's new

2012 FRM Part I Books vs FRM Handbook (6th edition)

RiskNoob

Active Member
Hi David,

I plan to study FRM P1 by mostly using BT materials(study notes + tons of practice questions from BT). By briefly looking at the study notes, I feel that I still need selective topics in core readings for the supplementary contents. Don't get me wrong, the study notes' quality is great.

However, I think 'FRM Part 1 Books' is quite expensive ($250 + shipping $71.90 + custom & duty tax) so I am thinking about purchasing FRM handbook from amazon. Not only it is cheaper, but also it contains Part 2 topics as well.

I am wondering whether the Handbook (6th edition) is still a good alternative core reading compare to the FRM Part 1 Books.

RiskNoob
 

RiskNoob

Active Member
On second thought, found out that this post is more suitable in 'About FRM'. I wonder If I could delete it/move to another section?
 

Aleksander Hansen

Well-Known Member
Studying for Part 1 I had:
  1. The GARP Core FRM readings;
  2. The Bionic Turtle Material
  3. The latest edition of the FRM Handbook

I used BT most; then supplemented with the GARP core readings where I felt further depth was necessary; I did not use the Handbook much at all, and the test bank is outdated - the practice exams are from 2008, 2009, 2010 so it's not terribly relevant anymore (besides there were some errors in there). Don't get me wrong, I think the handbook itself is good, however, it is just that, a handbook. Think of it as a good reference book, but don't mistake it for a self-sufficient text book. It will not give you enough depth nor bredth to serve as a replacement for the core readings, and David's notes has more of both IMO.

So, I recommend you get BT and GARP's FRM Core readings. If you can afford it I think the handbook can be great as a reference, but you will probably rely on it more, "here and there" as well as after the exam.
 

RiskNoob

Active Member
On second thought, found out that this post is more suitable in 'About FRM'. I wonder If I could delete it/move to another section?

Thanks (Susanne?) for re-arranging the post.

Studying for Part 1 I had:
  1. The GARP Core FRM readings;
  2. The Bionic Turtle Material
  3. The latest edition of the FRM Handbook
I used BT most; then supplemented with the GARP core readings where I felt further depth was necessary; I did not use the Handbook much at all, and the test bank is outdated - the practice exams are from 2008, 2009, 2010 so it's not terribly relevant anymore (besides there were some errors in there). Don't get me wrong, I think the handbook itself is good, however, it is just that, a handbook. Think of it as a good reference book, but don't mistake it for a self-sufficient text book. It will not give you enough depth nor bredth to serve as a replacement for the core readings, and David's notes has more of both IMO.

So, I recommend you get BT and GARP's FRM Core readings. If you can afford it I think the handbook can be great as a reference, but you will probably rely on it more, "here and there" as well as after the exam.

I see. By looking at the table of the contents of the handbook, I found out that topics seems to be simplified and does not closely follow AIM statements. So I just have ordered (a bit pricey) Core books from GARP. Thanks Aleksander for the feedback. :)
 

Suzanne Evans

Well-Known Member
Hi David,

I plan to study FRM P1 by mostly using BT materials(study notes + tons of practice questions from BT). By briefly looking at the study notes, I feel that I still need selective topics in core readings for the supplementary contents. Don't get me wrong, the study notes' quality is great.

However, I think 'FRM Part 1 Books' is quite expensive ($250 + shipping $71.90 + custom & duty tax) so I am thinking about purchasing FRM handbook from amazon. Not only it is cheaper, but also it contains Part 2 topics as well.

I am wondering whether the Handbook (6th edition) is still a good alternative core reading compare to the FRM Part 1 Books.

RiskNoob

Hi RiskNoob,

I'm not sure if you have seen this FAQ, but I'd recommend you take a look as it might help with your decision: http://www.bionicturtle.com/faqs/category/frm-product#do-i-need-the-handbook-and-readings

Thanks,
Suzanne
 

RiskNoob

Active Member
Hi RiskNoob,

I'm not sure if you have seen this FAQ, but I'd recommend you take a look as it might help with your decision: http://www.bionicturtle.com/faqs/category/frm-product#do-i-need-the-handbook-and-readings

Thanks,
Suzanne

Hi Suzanne,

Yes, I looked at it too and the FAQ above and reminded me when I actually looked at the 'table of contents' in the handbook in the amazon - I found out that I need some raw materials than the handbook for my case. Both posts from the above helped me to decide.:)

Thanks,

RiskNoob
 
Top