It can take 4-6 weeks for GARP to approve work experience, although some people may get their approval sooner. There is more information in the work experience thread here: https://www.bionicturtle.com/forum/threads/work-experience-verifying-time.9694/Nope. No e-mail yet. But does it really matter at this point?
I just submitted my little job description experience thing. Anyone know the turnaround time for it?
Hi, congratulations. You seems to have passed closely Just for benchmark, how many answers do you think you were correct. That must be quite useful to guague. Thanks. Please don’t take it offensive..Define barely, bc I think thus far I've been the closest.
Hi, congratulations. You seems to have passed closely Just for benchmark, how many answers do you think you were correct. That must be quite useful to guague. Thanks. Please don’t take it offensive..
Nah no offense taken. Here's how I assessed it. B/c I had a few minutes after I finished the exam to ponder this.
- I know about 1/3 of the questions flat out. No gimmicks or guesses. So that's about 27 questions. I think we agree these were like low-hanging fruits. Simple calculations. Simple efficient frontier, information ratio, current event, type questions.
There were about 10 questions I had no idea. These include using the full merton model, and long novel drawn out questions and those governance/operational stuff. No idea. Zero. Just kinda looked through the choices and selected one.
So now I'm about half....Assuming I got all 27 questions of the easy ones correct. And 1/4th of the 10 questions from no idea questions, that's about 3 questions correct.
30/40 = 75% correct. No bad.
The rest, 40 other questions i struggled with the most. The stuff I knew, I knew. The stuff I didn't. I don't know. These 40 questions were like half/half. So I'd narrow it down to 2 or 3 and just kinda winged it. Let's say 1/3rd correct to be conservative.
0.33 * 40 = 13 correct.
So altogether I think I probably got 43/80 = approx 54% correct
This number makes sense because I've taken the mock GARP exam and have taken both the Kaplan Schweser Exam and was scoring very consistently in the mid-to-high 50's. I broke into the 60's on an older mock but I think that's a fluke.
Going into this exam, I knew it was going to be tight. And the results proved it. So their exam is 'fair' at assessing me. OpsRisk was not my friend. I work in market, credit, and liquidity risk space so those were kind of my strengths. And the exam reflected that as well. Similar to my mock exams.
Overall, I have no quarrel with the exam. It was a difficult exam. I struggled as always and knew it was going to be tight. Other people from Kaplan were in a similar boat as me; just hanging by a hair. I honestly believe what saved me was the little help I've gotten here to just barely pushed me over the edge. As I know for a fact, I was very close to the threshold, if not directly on it.
I do however, have a quarrel with GARP and how they run their organization but that's a story for another day.
Hope this helps.
It can take 4-6 weeks for GARP to approve work experience, although some people may get their approval sooner. There is more information in the work experience thread here: https://www.bionicturtle.com/forum/threads/work-experience-verifying-time.9694/
I do not recommend relying on anything you might find when logged into your GARP account until the official results are released. The hacks and tricks have been tried for a number of years, and they are not accurate. They just cause more stress for everyone. The glitches on the GARP website happen every year right before the results are released. :/
Just wanted to support this statement - the trick suggested earlier in this forum resulted in me getting the letter that I failed the exam encouraging me to register for the next Part II exam. Which I actually thought was true, given that I did have very little time for preparation just before the exam. The actual result was a pass, which did come as a big surprise to me but also confirming the fact that all those tricks are indeed useless.
Well ok, slightly better then! 2,3,1,3,3,3