[girishdn]

Hi Rahul,

can u give me the email id of book zone

Girish

Originally Posted by Rahul.igidr

HI shyam,
yes you are right. Handbook is at bookzone only. I mailed the bookzone guy and asked about the handbook and he quoted me the above mentioned price for the book. All the conversation was through e mail so there is no question of not hearing things properly. I will re check the book before buying and i am thinking of visiting the bookstore this weekend.
Rahul

[Dsylexic]

Originally Posted by girishdn

Dear Shyam, catparanoid, rahul.igidr, dsylexic, stratmanish, andy_jaan, doraa7,

further update on Schweser,

Spoke to the schweser guys today.
The Schweser notes for FRM 2008 will be available in 3rd week of may only.

Till then i think we have to go ahead with hull and gujrati only.

Cheers,
Girish

Thanks Girish. BTW, are we doing the sharing only for schweser?. What about core readings?. Is everyone buying from GARP or laxmi copy?Lami copy will provide core readings for 1500/ and its available today.

[girishdn]

Dsylexic,

have u bought the core readings from Lakshmi Photocopy.
are these core readings complete if yes then we can go ahead with lakshmi xerox.

Originally Posted by Dsylexic

Thanks Girish. BTW, are we doing the sharing only for schweser?. What about core readings?. Is everyone buying from GARP or laxmi copy?Lami copy will provide core readings for 1500/ and its available today.

[ssu039]

CAUTION: CORE READINGS

If some of you are planning to buy Core Readings from Laxmi Xerox - Pls make a note of this

GARP releases the core Readings in phases and not in one go. Currently they have released the Version 1 of core Readings.

The contents of this can be found over here

FRM Digital Library-FRM Core Readings,FRM Chapters,FRM Books,FRM Online

If one buys the Core Readings from Laxmi Xerox, many chapters would be missing in it.

Eg: From the Quantitative Analysis section, one will only get

• Allen, Boudoukh and Saunders. Understanding Market, Credit, and Operational Risk: The Value at Risk Approach. Oxford: Blackwell Publishing, 2004.
  • Chapter 2 – Quantifying Volatility in VaR Model

The remaining readings will be available only after some time. So they wouldnt get this readings now

Not Included from the Quantitative Analysis section:

• Damodar N Gujarati, Essentials of Econometrics, 3 rd Edition ( New York: McGraw-Hill, 2006). (Coming Soon)
  • Chapter 1 – The Nature and Scope of Econometrics
  • Chapter 2 – Review of Statistics I: Probability and Probability Distributions
  • Chapter 3 – Characteristics of Probability Distributions
  • Chapter 4 – Some Important Probability Distributions
  • Chapter 5 – Statistical Inference: Estimation and Hypothesis Testing
  • Chapter 6 – Basic Ideas of Linear Regression: The Two-Variable Model
  • Chapter 7 – The Two-Variable Model: Hypothesis Testing
  • Chapter 8 – Multiple Regression: Estimation and Hypothesis Testing
• Paul Wilmott, Paul Wilmott Introduces Quantitative Finance, 2nd Edition ( New York: Wiley & Sons, 2007).(Coming Soon)
  • Chapter 22 – Value at Risk
  • Appendix A – All the Math You Need … and No More (An Executive Summary)

So its not the best time to buy Core Readings from Laxmi Xerox presently.

Please double check all the notes for missing chapters, before you buy any notes from Laxmi Xerox.

cheers,

Shyam

Originally Posted by Dsylexic

Thanks Girish. BTW, are we doing the sharing only for schweser?. What about core readings?. Is everyone buying from GARP or laxmi copy?Lami copy will provide core readings for 1500/ and its available today.

[ssu039]

Hi,

Its better to concentrate on these 3 modules first, in the sequence

1] Quant Risk
2] Market Risk
3] Credit Risk

The remaining 2 modules are mostly theoretical with Case studies, Its better to do them last.

cheers,

Shyam

Originally Posted by street kaba

hello everybody,
it seems that tempo is building up on this thread as is clear from level of participation of people on this thread. not to mention that shyam is doing a great job. also i see rahul.igidr is bit enthusiastic about the exam. by the way rahul i u from economics stream from igidr mumbai if so then do inform me as then both of us are sailing in same boat myself being ma(economics). also as far as debate regarding gujarati is going on then i would like to say that basic econometrics will be no substitute for essential econometrics as the topics given in AIM statements are not covered in desired way in basic econometrics, it just mentions these topics in appendix in a very light way and assumes u people are familiar with the topics and just need a brush up before starting with hardcore econometrics stuff. hence i think essential econometrics is very different from basic ecomtrics. also i should mention that it is basic econometrics that is more comon in market hence if u go to buy from market dont forget to stress on ESSENTIAL econometrics. hope this ends confusion regarding gujarati. but i also have my own set of problems and hope shyam and other will try to solve it

1. i want to ask people of finance background how much of the frm course did they already have covered in there finance course and which topics are completely alien to them as is to other people of non fin background. as far as my guess goes finance guys are also equally blank about the operational risk part of course. major portions covered already are if i m correct market risk, credit risk, Var . if it be not so then please inform me so that i get an idea about how much extra effort i have to put being non fin background. also if these topics have been covered then were they covered at same depth.

2. also can anybody suggest me the sequence in which i should start studying so that i cover course in most effetive way for eg can i straight away jump to credit or operational risk portion if i desire to do so. i must tell i tried to read the securitisation stuff in credit risk and had smoke coming out of my ears was it bc of wrong sequence of studying

[Rahul.igidr]

HI Girish
check ur PM for the mail id
Rahul

Originally Posted by girishdn

Hi Rahul,

can u give me the email id of book zone

Girish

[anshuk23]

Hi all...Did some search on the kind of marks that put you through in FRM..and found that this was the indicative list of quartile scores for the candidates who passed:

Credit Risk Measurement and Management - 2nd quartile
Market Risk Measurement and Management - 1st
Operational and Integrated Risk Management - 1st
Quantitative Analysis - 3rd
Risk Management and Investment Management - 1st

Credit Risk -1st Quartile
Market Risk- 2nd Quartile
Operational Risk -1st Quartile
Quant - 2nd Quartile :(
Risk and Investment Management- 1st Quartile

Credit Risk -1st Quartile
Market Risk - 2nd Quartile
Operational Risk - 2nd Quartile
Quant - 2nd Quartile
Risk and Investment Management - 2nd Quartile

Credit Risk -3rd Quartile
Market Risk - 1st Quartile
Operational Risk - 2nd Quartile
Quant - 2nd Quartile
Risk and Investment Management - 1st Quartile

Credit Risk Measurement and Management - 2nd quartile
Market Risk Measurement and Management - 1st
Operational and Integrated Risk Management - 2nd
Quantitative Analysis - 2nd
Risk Management and Investment Management - 1st

credit risk: 1st quartile
market risk: 2nd quartile
op risk: 3rd quartile
quant: 3rd quartile
risk & investment management: 1st quartile

credit risk: 3st quartile
market risk: 2nd quartile
op risk: 2rd quartile
quant: 1rd quartile
risk & investment management: 2st quartile

credit risk: 3st quartile
market risk: 2nd quartile
op risk: 2rd quartile
quant: 1rd quartile
risk & investment management: 2st quartile

credit risk: 2nd quartile
market risk: 1st quartile
op risk: 2nd quartile
quant: 1st quartile
risk & investment management: 1st quartile

credit risk: 1st quartile
market risk: 1st quartile
op risk: 1st quartile
quant: 1st quartile
risk & investment management: 1st quartile

So...prima facie, looks like if you can manage around 1st quartile in around 2 sections, and 2nd in the other 2, and may be a third in the last, should be a safe bet...but then, I could be wrong, considering that the candidates who got the quartiles in this proportion might have had really high scores in the sections in which they got 1st quartile...


Btw, i have 2 queries for puys...
1) I've never used a finacial calculator in my life...which one's better ..the TI one or the HP one? And where can I get them from here in Delhi? Would one from Gaffar Mkt be a safe bet? Plan to get used to the calculations early one..was born with two left hands as far as quant goes
2)Everyone seems to be talking about Essentials of econometrics...i searched the nook and corner of internet, but couldn't find this book anywhere...is there an indian edition of the book in the market? Or would someone care to share a soft copy, if there exists one?

tx...

[Dsylexic]

Originally Posted by ssu039

CAUTION: CORE READINGS

If some of you are planning to buy Core Readings from Laxmi Xerox - Pls make a note of this

GARP releases the core Readings in phases and not in one go. Currently they have released the Version 1 of core Readings.

The contents of this can be found over here

FRM Digital Library-FRM Core Readings,FRM Chapters,FRM Books,FRM Online

If one buys the Core Readings from Laxmi Xerox, many chapters would be missing in it.

Eg: From the Quantitative Analysis section, one will only get

• Allen, Boudoukh and Saunders. Understanding Market, Credit, and Operational Risk: The Value at Risk Approach. Oxford: Blackwell Publishing, 2004.
  • Chapter 2 – Quantifying Volatility in VaR Model

The remaining readings will be available only after some time. So they wouldnt get this readings now

Not Included from the Quantitative Analysis section:

• Damodar N Gujarati, Essentials of Econometrics, 3 rd Edition ( New York: McGraw-Hill, 2006). (Coming Soon)
  • Chapter 1 – The Nature and Scope of Econometrics
  • Chapter 2 – Review of Statistics I: Probability and Probability Distributions
  • Chapter 3 – Characteristics of Probability Distributions
  • Chapter 4 – Some Important Probability Distributions
  • Chapter 5 – Statistical Inference: Estimation and Hypothesis Testing
  • Chapter 6 – Basic Ideas of Linear Regression: The Two-Variable Model
  • Chapter 7 – The Two-Variable Model: Hypothesis Testing
  • Chapter 8 – Multiple Regression: Estimation and Hypothesis Testing
• Paul Wilmott, Paul Wilmott Introduces Quantitative Finance, 2nd Edition ( New York: Wiley & Sons, 2007).(Coming Soon)
  • Chapter 22 – Value at Risk
  • Appendix A – All the Math You Need … and No More (An Executive Summary)

So its not the best time to buy Core Readings from Laxmi Xerox presently.

Please double check all the notes for missing chapters, before you buy any notes from Laxmi Xerox.

cheers,

Shyam

Thanks Shyam for the words of caution. But this still leaves the question open:-Is anyone buying GARP core readings directly/online? How about sharing the costs of that material?.

I agree schweser will be useful but what about buying the real deal?

dsyl

[street kaba]

hey anshuk nice to see someone else frm delhi participating here. well getting straight to job
1. as i have mentioned in my previous posts u can have FRM material and financial calculator in delhi from bharat book depot , ber sarai, near jnu.
2. as far as using calculator is concerned even i m blank and hope guys here on this forum can give a word on this.
3. there r different versions of financial calculator and if i remember correctly shyam somewhere mentioned that it is better to go for PROFESSIONAL version

[anil84]

FRM hand Book 4th edition is already available in hard copy.
Then is it reprinted for FRM 2008 or are there any changes in 4th edition too??
Does anybody have soft copy?

I have Hull . Options, Futures, and Other Derivatives, 6th ed. in soft copy.
Link is :
4shared.com - document sharing - download Options, Futures And Other Derivatives 6Th Edition John Hull (Clear).pdf

Link for Gujarati__Basic_Econometrics :
RapidShare: 1-Click Webhosting

Can somebody share Essential Econometrics!!


One Kind request :
There have been many comments/advices/suggestions by now.
Can someone summarise what should one read for FRM. And also all material & guidance in one message.
Though there are many things but it won't be possible to go through all.

Originally Posted by Rahul.igidr

hi shyam,
do u have FRM hand book 4th edition? i downloaded the 3rd edition from net. I am planning to buy the 4th edition.. Is it different from the 3rd.. can u give some links from where i can download some core readings (if available on net)...