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Passed FRM '08, Thank You David!


Vice President
Hi David,

The inauguration AND FRM results on the same day... that was a lot to take in!

Passed the exam thanks to much help from both yourself and Schweser. Your in-depth coverage of the more technical topics was definitely superior to Schweser's, which I thought was too light and easy in places. Their "concept checkers" were a joke, which was surprising given that their CFA materials are generally good. Your Basel reference sheet is fantastic. Your cram sessions were awesome - the perfect thing to watch in the days just before the exam. The test was very hard, perhaps even unfair in places, and I was a bit surprised to learn that I passed, to be honest. Some subjects were tested repeatedly while others not at all. Having gone through CFA-2 earlier in the year probably helped as well (failed in 10th band unfortunately).

Just wanted to say thanks for all your efforts at Bionic Turtle. It's truly a great resource, and I would recommend it most highly to anyone sitting for the FRM. Keep up the great work!

All the best,

David Harper CFA FRM

David Harper CFA FRM
Staff member

Thanks for the feedback, thank you! Congrats on the result!

I especially appreciate this sentence and agree with your implication: "The test was very hard, perhaps even unfair in places, and I was a bit surprised to learn that I passed, to be honest."

I think there are two aspects to the perceived unfairness, one GARP needs to fix, the other is perhaps intrinsic to a modern risk cirriculum:

1.GARP needs to improve the "fairness" of the exam; i.e., the *alignment* between assignments, AIMs, sample questions and exams; IMO, there is too much tracking error that gives rise to arguable unfairness. This has been the primary focus of my f/back to them. GARP leadership has been very responsive frankly to this criticism so I am expectant/hopeful going forward.

2. But also, as the exam annually and dynamically updates the cirriculum with expert authors, I think the exam will always be hard to predict or extrapolate from recent papers. I think this is a virtuous element, quite aside from (1) above, in GARP's approach where they are discouraging "gaming" and "mere rote memorization." In defense of this approach, I must observe: well-prepared candidates do seem to pass even as they have *exactly* your feeling ("I was surprised").

So, I think your reaction is helpful guidance to any FRM candidate. Thanks again!


Vijaya Kumar

New Member
Hey Dave,

Congrats on the result. I am starting the preparation for FRM 2009. It would be of great help if you throw some light on the preparation method. If u have any schweser notes, send that as well to this e-mail id: .(JavaScript must be enabled to view this email address)