Bionic turtle vs schweser frm. 24% Model 2 Bionic turtle r =4%, sigma=2.
Bionic turtle vs schweser frm BT boasts 73% pass rate compared to Schweser which only advertises "91% students recommended us". Jan 18, 2024 · Kaplan Schweser offers their prep materials in packages, or à La Carte and both Analyst Prep and Bionic Turtle give you the option to bundle prep for both exams 1 and 2 so you can save money. Especially if you’ve been thru the cfa there’s a bit of overlap. How much overlap is there? I think there is a lot for part 1 but not part 2. The level 1 exam was long and with too many calculations. 80642, dt=1/12, drift 1% Aug 5, 2016 · Hi, hands up! I also passed CFA Level II this Jun, but will sit Level III next year, now for FRM Part I this Nov. Thanks. These two are some of the largest markets for cfa and FRM and you won’t know how candid the candidates in sharing redistributing the copyrighted materials. 2, sigma =1. 015 squared) = 1. If you still have time, then only go for BT. 6- 50. 5, so the answer is supposed to be that 95. Oct 27, 2018 · It was not clear from the P2 2010 thru 2018 AIM Comparison file. When presented with a question like this: (Q28 Credit Risk) Suppose the rate on Company A's one-year zero-coupon bond is 10% and the one-year T-bill rate is 8. 050) is located at 20 - 1. Part 1 in November 2020 and Part 2 May 2021. All registered users can view the practice questions; however, only paid members can view the answers and explanations. I am currently using Schweser material and sometimes prepsmarter for practice because schweser questions are Apr 13, 2016 · Hi @David Harper CFA FRM, Despite all the good explanation I am still confused about the definitions of the different biases. Make sure you know your theory well cuz Part 2 is extremely qualitative. I've just finished studying book 1 and completed the Schweser exam prep for foundations of risk management and my average score from the Q-Bank is 98%. 0) that they provide which I understand includes approximately 2/3 of the core readings - Quite a few of my colleagues have been doing the CFA and I've seen many Schweser boxes in the office. I have put my comments prior giving the explanation Q35: Not sure FRM Study Guide; My Courses; Stay connected. Individuals can wait for study material to be updated by prep provider's for sections such as ORR,LTRM and CI. As someone has pointed out, the first few questions were quite intimidating, but I was more prepared for that mentally (I recall the same thing from part 1) and kept on chugging, and it got better. Pros; Cons; Get 20% Off Kaplan FRM Review Course; 3. Just passed Part I (thank you David for all the help). May 6, 2012 · Financial Risk Manager® (FRM). Jul 28, 2017 · It ain’t free. That Bionic Turtle provides materials that come very near to the actual exam standards, is what I have heard. Every course we reviewed offers different pricing tiers that get more expensive with the more study options you add. May 8, 2014 · Hi David, I miserably failed when taking the Practice Exam 2014 (25 questions, download from GARP library) 12/25. 25 % in BT mock exam 2020 on my first attempt. 5 %, 62. See full list on edureviewer. May 27, 2017 · Hi All, I've purchase the FRM part 1 books for 2017 as well as the schweser books, and the Bionic Turtle professional subscription. 32 %. I do. so frm is a little trickier. It says: The present value of the premiuim payments : Y +(0. Sep 8, 2020 · Hi, I have currently completing some practice exams provided by Kaplan Schweser, and one of the questions states, "Note that on the exam, you will not have access to z-tables, so you would have to reason this one out using the normal distribution approximations"I was of the understanding that z tables were provided as the use of them was Nov 10, 2011 · In schweser (book 3), it states that: "Economic capital/regulatory capital is used for unxepected variations from expected losses called unexpected losses (UL)". 5) Schweser Definitions as under : -->RELATIVE RISK - is measured by excess return, which is the $ loss relative to the benchmark, the shortfall is measured as the Jan 30, 2016 · Hi All, I’m taking Level 1 of the FRM in May 2016. The higher the expected payoff of an asset in bad times, the higher the asset’s expected return. 1) Find the daily variance + Delta of a short Call + Put and Call parity + Feb 24, 2017 · This may be a really one but I am a bit confused with the practice exams from garp that you have on your bionic turtle website. Our team writes new practice questions each week and publishes them in the FRM ® Practice Question section of the forum, which is accessible to all members; however, the answers and comprehensive explanations are only available in the paid forum sections. I have almost finished reading the first 2 books of Schweser notes, the key concepts required for the exam are presented in a very succinct way, but it may be a bit difficult to comprehend if you don’t have enough quantitative background, e. Do not get stuck, park the topics and keep moving ahead. So you aren't starting from ground zero. I am wondering if GARP intends to change the image of FRM exam from being "quant-oriented" to "balanced" or even Nov 6, 2009 · Now i see new graduates doing both simultaneously as you can see from the forums. the statistics part in Quantitative Not many people i think go for both cfa and frm,therefore there would be not many there would be say 10% of frm l1 candidates who would have qualification as passed all three or two cfa levels. Signing up for Part II. Not sure about bionic, heard some bad reviews so did not try. Now, I’m debating between Bionic Turtle and Christian Cooper (Wiley). In earlier stages, easy material such as Edu pristine / Schweser books is helpful with some basic / foundational stuff. Oct 23, 2021 · Hi guys, can I please refer you to the page 16 of Schweser notes, the example of calcuating breakeven premium payments. At the margin, some of these materials (e. I guess there is some inconsistency?! Why its here not 4,4 or for the second not 3,6? Jul 24, 2011 · Many of our subscribers purchase the GARP core books to complement their studies, while some feel that Bionic Turtle’s materials are enough to learn the FRM concepts. minor details) questions, but I think overall difficulty was similar to GARP's practice exams. com Bionic turtle as challenging as the questions and material are, are way better for preparing for the actual difficulty of the exam. Didn’t do GARP. After exams, reference books can be read to get more knowledge. I do notice that some prefer using BT and Schweser and skip the books I prefer reading the books in fear I will something. Note: Paid members do not need to collect practice questions from the forum! After a chapter (or related Jun 25, 2013 · Hi all - apologies if this topic has been already covered - are there significant changes in the curriculum between Nov 2012 and Nov 2013 materials? I was planning on using Schweser FRM Part II materials coupled with BT. Jun 28, 2016 · I do recommend the GARP books but I did have to do my own "research" on certain topics. Question A particular basket credit default swap (CDS) has 100 reference entitites and makes a payoff when the 25th reference entity defaults. The questions I are a way too easy. I search on their website but there is just a basic package, which includes: • Question Sets • Study Notes • Interactive Mock Exams • Basic Forum Access No Instructional Videos available for that package. Summary: Kaplan-Schweser has better notes, but Nov 18, 2020 · Hello candidates, I just signed up for the November FRM Part 1 and using Kaplan Schweser. I finished the curriculum last month and have revised once as well. 0%. They are certainly easier than P1's. Other people claim that Schweser is not enough and that Bionic Turtle is the only way to go. I may defer to Bionic Turtle for Part 2. 959793Y. I did find kaplans frm fine remembering its taking the official reading and reducing to the most crucial. If someone finished the FRM first and then did the CFA, it wouldn't be Dec 5, 2022 · Below are the spreadsheets that we prepare each year to analyze the changes in the GARP curriculum from year to year. All the questions seems to be the same for different years. I used Schweser 2 Mock exams (morning and afternnoon papers) and the GARP's given three mock exams. T5. but when you consider caselets that you have to read than i think bith exams should have approx. Is there anyone who failed in their 1st Dec 30, 2013 · Passed FRM part 2 with just two month of rigorous preparation. GARP May 16, 2015 · It paid off for those questions. Oct 14, 2012 · Hello turtlings! I am thinking about signing up for the FRM part 1 exams in may and am trying to learn as much as possible about the study materials available from GARP and 3rd parties. Dec 25, 2011 · I have 2 friends in my workplace taking FRM, one of them using schweser and the other using BT. Come to South East Asia especially countries like China, India. Nov 1, 2016 · Financial Risk Manager® (FRM). Our FRM study packages cover everything that you need to pass the FRM exam. Bionic Turtle Questions are one notch above exam requirement and hence the best question bank Material available for the Exam. 24% Model 2 Bionic turtle r =4%, sigma=2. Well, I had access to both Kaplan and BT but due to lack of time mostly used Kaplan as it’s better structured and well organised. The higher the expected payoff of Jul 3, 2009 · I think I am going with Schweser. of 4 and min of 0 Q24: Definitely Sharpe ratio. ) So , there you have a testimonial for the rigor of David's BT questions, I guess! I can tell you that the mock exams, Schweser online questions and David's are ALL at very different levels of difficulty. I used Schweser, and did not feel it prepared me adequately for the exam. I bought Schweser for my studies, in addition I have used Schweser for both the CFA and CAIA. May 19, 2012 · One word. I am disheartened since 2 days due to this and thinking whether should I again appear. Jan 8, 2009 · I was a bit surprise I passed. Nov 20, 2010 · I am not a Bionic Turtle member - I used Schweser only to prepare, with supplemental help from the FRM Handbook, which might just be the most poorly written textbook I've ever seen. 12 Smoothing spreads the shocks over se Jul 29, 2017 · Anybody using Schweser? I have a problem with Interpolation. I purchased Bionic Turtle as well for additional questions and How can we access FRM P1 mock exams? Abcbb; Thread; Aug 21, 2020; mock-exams; Replies: 4; Forum: Risk (general) BT Mocks and Mini-Mocks question. I would like to know about your learning plan - which package you went for; whether FRM handbook and readings were helpful; what are the materials you used; how helpful were they in the exam. Udemy FRM Review; 5. I'm not sure if I can wait until Sept for these seminars and dont know how useful they'll be. Which of the following Dec 19, 2012 · Number of options are 4 in frm as compared to cfa where its 3. Book your FRM Demo Session Click Here. using Oct 26, 2020 · Hello all, attended the exam in Frankfurt on Saturday. Personally, I didn't find the time to incorporate Schweser. You can practice with BT or analyst prep. The Bionic Turtle forum is an excellent place to discuss the benefits of becoming a certified FRM, and to speak with others who have chosen to pursue one or both of these designations. Best CFA Calculator: Approved Options Jun 8, 2013 · The FRM follows the assigned Hull, where basis (B) = S(0) - F(0) and a strengthening of basis is an increase (+) and a weakening is a decrease (-), so with respect to "strengthening" or "weakening," it is only the direction that matters, not the magnitude and not the sign. ERP ®, FRM ®, GARP ® and Global Association of Risk Professionals ™, in standard character and/or stylized form, are trademarks owned by the We would like to show you a description here but the site won’t allow us. Gosh, now I am FRM !!!!! :D;) Nov 21, 2010 · I read the comments on about the level 2 exam but did not see more comments on level 1. APNA FRM Review May 14, 2024 · GARP's policy for passing the Part 2 exam after passing Part 1 is as follows: "Pass the FRM Exam Part II by December 31 of the fourth year of passing the FRM Part I. May 18, 2013 · Hi BT folks who have taken P2 exam today, How was the exam? There were some surprise/cheesy(i. Are you able to give me any estimate on the time candidates generally report studying for Part 2? Thank you. I'm more from an economic background rather than mathematical / engineering one. Jul 20, 2018 · An overview of the 2020 syllabus suggest that there are both sequential and independent topics in each section/subject. I strongly suggest go with GARP notes and Bionic Turtle. Oct 21, 2009 · Hi David, I found the menthod used in Schweser notes much easir to calculate Marginal VAR / component VAR. However, I am confused between Tier 2 and Tier 3 options. 25 % (Schweser questions where poorly written in several cases), respectively, which leads to an average of 65,63 ±7. FMP -> 4. They also provide a set of reading materials for the FRM. Bionic Turtle is constantly updating its curriculum to keep up with GARP’s changes, and continually expanding its library of videos and learning spreadsheets. I was told there were lot of similar topics in CFA and FRM 1. I went through the Schweser book on Foundations of Risk Management and took all their tests. Unsmoothing affects only risk estimates and not expected returns. The CFA hits much of the material on the FRM, but not as deep. Market Risk (25%) May 16, 2011 · Hi, another question that left me puzzled due imprecise question format from Schweser's Practice Exam 2010 L2 E1 Q78. I did consider BT for part 2 because the forum is great and people seem to love them over there but when it came down to it I was concerned BT would just take too much time. Page 22. Well , since I am well versed with quant, being a engineering graduate , however, will additional notes and study for the same will be Dec 6, 2020 · Thanks. We'll keep you informed on new forum posts, relevant blog articles, and everything you'll need to prepare for your exam Preparing for the FRM Exam and not sure which books to use? In this video, we break down the strengths and weaknesses of GARP, Schweser, and Bionic Turtle to Sep 11, 2024 · Kaplan Schweser vs Wiley CFA: Comparison of Level 1, 2, 3 Bionic Turtle vs AnalystPrep FRM: Which One Is Better? read more. I checked the website a few minutes ago and the materials are still unavailable for order (minimally, the e-books should Aug 5, 2016 · I’m a CAIA charterholder and CFA Level 2 candidate. I cleared my FRM part 1 in May 2019 by mostly studying Schweser's materials. FRM. I already posted that I could not clear. BTW I believe you had appeared for the exam. I like the Q-Bank as I can easily get certain questions on certain topics. Jan 24, 2020 · Hi everybody ! I have 3 questions for you : 1/ I passed all 3 CFA levels, on first attempt, and relatively recently. But hope I dont have to practice them again. I think it was a fair exam. I have put my comments prior giving the explanation Q35: Not sure May 17, 2012 · Similar to what Shanlane asked, I noticed questions that do not specify that in Schweser end of book questions. You have time to think and understand the poorly written questions. Free resource. 988803Y / 1. As a CFA Charterholder, Schweser and BT made it an easy win for me. Jul 3, 2009 · I think I am going with Schweser. Free FRM ® Practice Questions on the Bionic Turtle Forum. Option should be A (Straight line) with Max. I have the lower tier of Bionic Turtle, and I have to say its great. Jun 23, 2009 · Just had a question; does anyone know if using schweser/bionic turtle, FRM handbook would be enough and disregard the course pack readings? thanks! DoubleDip June 24, 2009, 1:29am #2 Jun 26, 2018 · I really just want Bionic Turtles Problem sets because I’ve heard they are better than Schweser’s diesel_has_torque June 27, 2018, 9:43am #2 Aug 7, 2023 · I would say around 20% of the questions were quantitative (and doable, to be fair, only that I forgot a few concepts here and there), with the rest being qualitative, with the choices being very very tricky and challenging to choose between two choices that were similar / deceptively alike; hence requiring an in-depth knowledge of the core concepts. Their practice questions are not comprehensive enough. Nov 18, 2019 · We had question about the ES Vs VaR + CURRENCY SWAP + INTEREST RATE SWAP + A question about the number of Simulations we need to find a result of monto Carlo Simulation + GARCH vs EWMA Model + GARCH (1. I could only grasp 40% or less. 65*10 = + 3. The quantitative ones are relatively easy and on par with the practice exams. $1 million notional value, semi-annual, 18-month maturity. I currently work in audit. My background is MBA in IT and I work in software company as a BA. I got your point! One more thing related to market risk Ch: The art of term structures models: drift Doubt related to model 1,2 Model dr= sigma *dw As per Schweser if dw= 0. This May 20, 2017 · Hi All, I purchased the GARP materials as well as the Schweser materials. Is there anyone here from Hong Kong or New York City that wants to make a study group? from HK or from NYC or able to speak cantonese (廣東話) If you are interested, please post your email or message it to May 27, 2015 · Hi David / team, Apologies if this question has come up before I did search to see if anyone had posted anything on this. I have no math background, but fair understanding of calculations. me/frm_i for exam related material, guidance and peer support. Wish someone had told me this. If that weakens - implying weakening credit quality of B - put options will turn into money for A, hence increasing counterparty exposure for A in the moment credit quality of B is deteriorating ==> Hence, credit exposure and credit quality negatively correlated = wrong-way risk. If you were starting from ground zero, the FRM would be crazy hard. g. I felt very confortable and scored around 80 to 85% on average. I've seen some of your screencast and Hello David, Greetings !! I am looking forward to appear for the FRM examination this year and using Schweser Study notes as reference for the same. I then came to Bionic Nov 16, 2013 · @babyik PFA my comments on your answers to the questions I dare to disagree with;) Q2: Graph of Variance Vs correl: Var= 2(1- correl). In my opinion, Bionic Turtle’s study materials and video lectures are better than Schweser when it comes to instilling information since they help you comprehend and remember difficult exam concepts so that you can use them as a qualified FRM. This video is an FRM Exam-related Queries series - A lot of students have query related to reference book that Is Schweser Enough for FRM Level 1 Exam and th Aug 28, 2011 · Hi David, I was just wondering if you knew exactly which FRM exams have been released and how we I could get my hands on them. Those definitions don't seem mutually exclusive to me. While for CFA, Schweser EOC questions and mocks are very near to actual exam difficulty, it's not the case with FRM. It might be tough Do not take schweser. They are not good enough for Part 2. For test prep providers, I’ve eliminated Schweser from consideration. But depending on the difficulty of the exam you can expect a downside of at most 10-15% which makes the passing score 85-90% of the total benchmark passing score 56 which is (85% of 56)-(90% of 56)=47. Given that there have been significant updations from 2019 to 2020 in part 2 syllabus. ERP ®, FRM ®, GARP ® and Global Association of Risk Professionals ™, in standard character and/or stylized form, are trademarks owned by the Sep 10, 2024 · The main differences between Bionic Turtle and AnalystPrep are: Bionic Turtle has a range of price points for each FRM part; AnalystPrep offers a practice-only package; AnalystPrep has a lifetime access joint package; Bionic Turtle offers $50 off for a 2 nd package; You can get a three-month extension at Bionic Turtle. I checked the website a few minutes ago and the materials are still unavailable for order (minimally, the e-books should Jun 26, 2015 · I used Schweser for CFA and didn't know about Bionic so used Schweser for FRM too. I always heard FRM is way harder than CFA (might be the math in FRM) so i wanted to try it out to see for myself and it worked out. Kaplan-Schweser’s notes tend to be significantly better than Bionic Turtle’s, which students say have typos and don’t go into topics in depth. com. Kaplan covers all the topic areas of frm and BT is also good in terms of referring to knowledge and understanding comprehensively. Hence to be on safer side you would need at-least 56/80 to pass the exam. May 20, 2016 · Kept AIMs on one side always. Others can also add their own strategies in this thread. ERP ®, FRM ®, GARP ® and Global Association of Risk Professionals ™, in standard character and/or stylized form, are trademarks owned by the Jan 5, 2025 · “highly recommend anyone taking the FRM to use Bionic Turtle. Also, I feel like the study notes close a lot of the gaps in the actual readings. The reason for it is not to establish a career in risk. However, I regretted numerous times during my preparation that I bothered with Q-Bank at all (at Dec 26, 2021 · According to me the Kaplan shweser notes together with BT would be more than sufficient. A lot of them are applicable to FRM Part 1 as well. I appeared for my CFA Level 2 exam last month, so I have some background knowledge on the areas that overlap between FRM 1 and CFA 2. Thanks, Mike. AnalystPrep FRM Review. The difference of opinion could be due to factors such as prior risk management experience, when the exam was taken, length of time committed to studying, etc Jan 6, 2010 · I used study materials from Bionic Turtle and Schweser (PremiumPlus) to pass the exam. Any comments will be greatly Jan 4, 2015 · I passed FRM Part 2 November 2014 exam and would like to share some tips and strategies so that future candidates find them useful. Passed Part I in May 2014 and Part II in November 2014. Answer said that the duration of a zero-coupon bond is always equal to its maturity, regardless of whether it is callable, explaining that if the issuer calls a zero Nov 16, 2013 · @babyik PFA my comments on your answers to the questions I dare to disagree with;) Q2: Graph of Variance Vs correl: Var= 2(1- correl). Currently, I have access to: Analyst prep QA book 1-4 Bionic turtle QA book 1-4 Schweser books 1-4 Mock exams With this would I still need a instructional video package for however many USD So for me L1 frm i read the schweser chapters about 3 times each and had no issue. The questions were I am registering for the FRM part 1 exam and wondering if it is worth it to purchase the instructional video pack from one of the prep providers. Bionic Turtle seems to be a little disorganized although I like the hands-on approach with the blogs. A problem arises when there are huge risk concentrations that provide Aug 20, 2015 · Nicole, thank you for you're reply. I would like to register for the Nov FRM exam while I am still in the study mood. I even bought BT and official GARP books but would highly recommend Schweser of the 3 as coming from a non finance background, their style of explanation was a lot simpler than the other 2. Much appreciated. Apr 4, 2012 · This is the primary reason I did not purchase the handbook for Lev2 from GARP, and went with Bionic Turtle and Schweser. altough I scored above 70% when doing all BT Mock exams. ERP ®, FRM ®, GARP ® and Global Association of Risk Professionals ™, in standard character and/or stylized form, are trademarks owned by the If you like videos, Schweser does not produce videos for FRM; BT does. Any readings in red have been removed in 2023, readings in blue are new to 2023, and readings in black Hi David, I came across a question about the duration of a 10 year zero coupon bond that is callable annually after the 6th year. FRM Books – Question Bank for Exam. This was especially felt during part 1 exam. Using only Schweser worked well for me for level 1, but this part 2 exam was a rude awakening. I can understand from the above that both capitals are to cover UL (which is not right?). Can someone please let me know how does 1. Oct 23, 2011 · Hello David, I just started to study for the November 2011 FRM Exam Part 1. I want to practice now but my research has led me to believe that Schweser's practice exams aren't hard enough or truly representative of the FRM exam. com also has an FRM section, but it looks to me that it is not very well developed. For Part 1, as I recall, the actual exam For Part I, I used Bionic Turtle. Any help would be appreciated. I have not tried it but I know schweser alone is good for everything. Schweser packages are more expensive than BT. The GARP mock exams in my opinion are easier than the actual exam. I used the 3rd edition FRM handbook and complete the reading and questions. Read EACH WORD of the AIM, underline “describe” vs “calculate”. Thus is talking about OTC markets: Many different matching exposures increases market depth and decreases liquidity risk. But after looking at Schweser material for part II which is a bit scrappy and unorganized, I'm wondering how BT material could help me with FRM part II exam. Sequence: The sequence to be followed should be: 2. Also, I already have Schweser's Study Notes for FRM Level 1 . same time/Q. Schweser questions don't come anywhere near the difficulty level of exam. Jan 6, 2010 · I used study materials from Bionic Turtle and Schweser (PremiumPlus) to pass the exam. I am currently using Schweser material and sometimes prepsmarter for practice because schweser questions are Jan 7, 2015 · GARP books and Bionic Turtle. Oct 20, 2013 · Hi David / Shakti. I tried solving the same example of currencies and the answer matches perfectly. I attempted FRM 1 this past November and FRM 2 in December. Feb 18, 2012 · I use both Schweser and Bonic Turtle materials. Now I just want to drill questions and mock exams, and cover off any weark areas with deeper understanding. Is 300 hours May 18, 2019 · I've read in the Nov 2018 exam feedback thread that there are far more conceptual/theory/wordy questions too. 5 % and 56. I'm considering getting the Bionic Further, GARP is not responsible for any fees or costs paid by the user to Bionic Turtle nor is GARP responsible for any fees or costs of any person or entity providing any services to Bionic Turtle. This analysis shows readings that have been removed, added, and changed. 20% Off Analyst Prep CFA & FRM Courses; Enjoy 30% Off Analyst Prep CFA & FRM Courses; 2. Jun 22, 2015 · Passed FRM part I with Q1/Q1/Q2/Q1 (using Schweser). From snooping around this forum, there seems to be several options in terms of study materials: 1. Also, it seems that Schweser does not cover these topics at all. Using Bionic turtle, but really need to use the questions as revission. I was actually pretty surprised cause the calculation questions were pretty direct, and there seemed to be around half or more than half of questions revolving around calculations. Ironically, those without preparation can probably just visualize to see what they want: the distribution has mean of +20 such that the left-side 5% quantile (0. Which was the most helpful to me between Bionic Turtle and Schweser? Hands down it was Bionic Turtle! STUDY NOTES The Bionic Turtle study notes are vibrant and filled with many Oct 20, 2016 · I would go with Bionic Turtle over Schweser, 100%… The number and quality of BT practice questions just blows Schweser out of the water in my opinion. Feb 1, 2021 · Dear Readers, Schweser and Bionic Turtle were both used by me in my FRM level 1 preparation. Aug 19, 2014 · Hi @David Harper CFA FRM CIPM Thanks for the response. 67min/Q whereas in cfa one gets 360/120=3 min/Q in level 2. Solution from Schweser that includse a Live interactive online Seminar that commence in Sept. Schweser provides a lot of qualitative practice questions and BT via David gives detailed explanations on the quantitative stuff and gives even better insight into the past testability of topics so Can anyone please suggest me which prep provider should I choose for FRM level 1 - Schweser or Bionic Turtle? I am new this. Nov 13, 2019 · How can we access FRM P1 mock exams? Abcbb; Thread; Aug 21, 2020; mock-exams; Replies: 4; Forum: Risk (general) BT Mocks and Mini-Mocks question. Jul 24, 2014 · Our team writes fresh, unique practice questions every week. Can you please explain the difference between Relative Risk v/s Active Risk. I needed the GARP books when I needed more detailed explanation. Decided to pursue the FRM since the material interested me. I'd recommend to first wrap up all the Schweser questions and then the AP questions. The FRM has less material, but is deeper. Nov 16, 2013 · In terms of profit made: 1. FRM Part I. Out of the 3, Schweser is by far weakest for the FRM. " So, the last exam you would be able to take is November 2025, as no FRM exam is administered in December. Like this guy I used Kaplan for both. FRM Join our group at t. These are my "FRM Part 2 exam preparation and studying" tips. I took the 2012 GARP practice exam yesterday and scored an 80, having made a few careless mistakes (e. After checking the 2011 practice exam provided by GARP, I have the following question concerning: 2011 Practice Exam / Part 1 / Exam 1 / Question 1 (page 17 with the answer) The problem is to calculate the percentage of May 19, 2012 · No it offered to sell put options on its own stock. Schweser Book 1 consists of 400+ pages while BT book 1 consists of 70+ pages. Jul 6, 2020 · To summarize, to clear exams Schweser notes are enough. I started with Schweser and started doing the QBank questions. The question is: "Use the following information to determine the value of the swap to the floating rate payer using the bond methodology. I have always used Schweser products up to here (for CFA and FRM part I) and Jan 4, 2020 · Hi Guys and Admins. Oct 20, 2016 · I would go with Bionic Turtle over Schweser, 100%… The number and quality of BT practice questions just blows Schweser out of the water in my opinion. e. The Bionic Turtle FRM Study Planner is your best resource to prepare for the FRM exam. Kaplan FRM Prep Course; Features. Further I did the GARP Practice Exam 2020 and two Schweser 2019 Practice Exams, scoring 67. 50. Neither able to decide, not able to get out this failure. Which of the following statements best describes the relationship between asset payoffs and “bad times” events (high inflation, low economic growth, or both)? A. I’ve put in at least a solid 100/150 hours of studying to this point. Bionic Turtle was really good though. Even though BT was a bitch. for volitile market long straddle (significant profit) > long butterfly (small loss) long straddle (significant profit) > short butterfly (modest profit) in the short butterfly, modest profit is due to limiting its up and down profit potential by strike price K1 and Jun 21, 2014 · Hi all, I am planning to take the November FRM exam I and II and I just finished CFA level II. As you mentioned survivorship bias might be a sub-class of selection bias, but it is not presented as such in the FRM curriculum. I passed first attempt both tests. and BT of course. I would like to give my career a new life by focusing in risk management. Not sure I’m qualified to answer. Further, GARP is not responsible for any fees or costs paid by the user to Bionic Turtle nor is GARP responsible for any fees or costs of any person or entity providing any services to Bionic Turtle. David's questions rock!!!! unfortunately i did not practice them as throughly as I should have. In terms of time you get 480/180=2. I have passed the FRM part 1 and have got a fairly comprehensive list of the formulae which recur from schweser's quicksheet, then supplementary information added by May 14, 2012 · I’ve reviewed all of the practice questions from GARP and the FRM Handbook as well as a large sample from Bionic Turtle and thought I was relatively comfortable with the exam material. Apr 5, 2008 · - GARP have the 2008 FRM Core Readings Course Pack (v1. T3. Financial Risk Manager® (FRM). For Part II, I used the official GARP books, along with Bionic Turtle. The question’s quality is great and really challenging. Nov 9, 2009 · theanalystforum. , the spreadsheets) are to assist customers with skills beyond the exam. P2. I googled and find bionicturtle. Jan 30, 2016 · Hi All, I’m taking Level 1 of the FRM in May 2016. Intuitively, estimates of the mean require only the first and last price observation (with dividends take “total prices,” which count reinvested dividends). Myabe my understanding isn't correct but what does a 2018 practice exam part 1 mean compared to 2017 exam part 1? The prep providers need to protect their interest. so less time/Q in frm as compared to cfa. So I managed to read all their books and used their Q-Bank. May 27, 2012 · The Bionic Turtle Material 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 Pass the FRM ® Exam the First Time. I did not accurately track how many hours I studied, but I studied for 350+ hours per level. Alot of time spent passive learning books n videos. Jan 26, 2016 · Some people claim that Schweser is enough to pass Level I and that Bionic Turtle is overkill. Jul 10, 2010 · This question is related to ‘concept checker’ question 4 in Schweser 2009 FRM notes page 98 of Book 2. Regardless of whether I pass CFA II, assuming I retained a decent amount of knowledge from that test, 1. 2% then dr= 0. Jul 3, 2012 · I am planning to subscribe to Bionic Turtle Prep material for FRM Level 1. Recently FRM Part 1 Exam results were announced. I personally found BT questions quite tough and left it. I started doing the old practise exam questions and felt that I was not well prepared with the Schweser QBank. Jul 14, 2012 · I am a fresher like you just decided to go for FRM. Our forum is very useful for these types of inquiries. A B C Mar 19, 2012 · Hello, There is a statement about liquidity risks that I am havgin trouble wrapping my head around. So far for part 1, BT and GARP books worked for me. Having taken level 1 and 2, 80 questions in 4 hrs is doable. QA -> 3. So I wonder if the basic package is enough for Part 2? I just cleared FRM level 1, I would suggest go with schweser notes 1st. I would highly appreciate your valued advice. This is slightly off topic: I read somewhere that revenue from Schweser's exam prep business has been shrinking in recent years. Besides, you may want the books later as part of your library. Score: 11121. P1. 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. For both exams I have used the official GARP material for a first read through, and then supplemented with BT notes and absolutely hammered the BT question sets. It was pretty simple and I scored high 90's. The problem sets are rigorous, and while some may not be actual test questions they certainly reinforce the material. (Jurion Chapter 7 - AIM 55. I have downloaded, 1) AIM statement 2) Study guide 3) Some ebooks (HULL) My. I found the FRM Handbook and the GARP curriculum readings to be more useful as reference materials than as primary resources. Needless to say, I want to repeat saying: BT materials (especially PQs) 5 days ago · These are The Top FRM Exam Prep Courses and Study Guides in January 2025: 1. I'd suggest doing the same. Things might have changed a bit since. Will have to see for results, but felt more prepared coming in this time with BT, and Schweser as a compliment. I have set my mind on obtaining the Schweser books plus the BT resources upon registering. I gave my exam today so I know. Many questions were out of their coverage. Sounds a bit funny, at least at the very beginning. I think garp books can be used for reference otherwise i did'nt used them during my preparations for frm. I scored 76. Our organized, stress-free planner provides the largest and most diverse collection of FRM study materials including daily questions, instructional videos, learning spreadsheets, and more. This is enough for exam (+ 4-5 Mocks). Nothing is free in this world. Therefore, I am wondering if I should get over with FRM in one day. B. Bionic Turtle FRM Review; 4. In average, my mock exams score was about 70%. for revised VaR they are using the midpoint - here 3,5 - to get the value for 5% percentile. Jul 29, 2008 · Hi, 1) i was just wondering if anyone has tried the schweser FRM practice exams and found them any useful FRM. Schweser is using 4,7 as starting point. I guess this might be the place for FRM, but I am not sure what is the meaning of bionicturtle and its relation to FRM. Do the BT Mock exam need an update or do they really reflect the exam level? I might just had a bad day, but I am a bit Nov 10, 2012 · The CFA program prepares you well for the FRM in my opinion. 5%, dw=. I am skeptical on whether BT can deliver the same amount of content than Schweser as the pages difference is really scary. Wiley indicates that the material would be available by “end of January”. Jun 23, 2009 · Just had a question; does anyone know if using schweser/bionic turtle, FRM handbook would be enough and disregard the course pack readings? thanks! Dec 9, 2020 · I am thinking about registering for the FRM Part 1 Exam in July 2021. How long would it could take to me to pass each levels of the FRM Oct 31, 2021 · Hi @alexwallace It's a lazy question that might penalize candidates who know too much. . I was a CFA charter holder was used to the schwezer notes for passing all 3 levels, the FRM material is a bit trickier to tackle and May 25, 2011 · Hi guys, I am preparing for the upcoming June CFA Lv2 right now. 959793 got calculated? Thanks Oct 1, 2017 · "The unsmoothing process has several important properties: 1. I went through all your lectures and summary chapter Q&A;also. Jan 5, 2012 · Hello, Probably a question that could be answered by me doing a bit more research on the site, but I am just notorious for being lazy. I have a Bachelor's degree in Math though I haven't quite used it in the past 5 years since I graduated. VRM -> 1. May 9, 2019 · I just did the pre-mock test for Part II from GARP and scored 14 / 20. FRM ® vs CFA ® Comparison Chart Dec 1, 2013 · (I learned from FRM I that using Schweser alone was a risky strategy - I got lucky, I guess. Financial Markets & Products (30%) May 20, 2011 · How was the exam in your part of the world? what are the questions which you can remember? Feb 2, 2013 · FRm part I is quite the same in terms of difficulty , i do not see any major differences besides the topics you have to study. I think your chances are bright given that only few would be of your qualification giving the frm l1 and many are of low qualification as of no cfa or Jul 7, 2008 · Hi David, Prior to knowing about your site, I had purchase the Prem. While the part I is more oriented towards covering basic tools and techniques to apply to the risk management framework the part II deals with covering major risk topics like credit risk, market risk, operational risk Nov 2, 2012 · Putting the benchmark at 70% out of total score of 80 we get 70% of 80=56. Aug 6, 2014 · Hello all, I am planning to appear for FRM exam in May 2015 for both parts. (I started with bionic turtle and literally thru it in trash within a couple days). 0% of the distribution lies to the right of +3. I do things only for the library. 4=47-51 which should be where the passing I found so many recommendations to use Bionic Turtle for Part II. Assume we are at the floating rate reset date. calv tzr jtci rxmk tstu xpsj okqdnp ulg vaumo moowab