[anil84]

GARP's reply to my query as regard to sectional cut off, passing
criteria, passing percentage etc.:

If someone has better idea please put forth your comments :

GARP FRM Team
Mon, May 5, 2008 at 8:25 PM


Hello

You can go to GARP - FRM - The Certification Recognized by Risk Management Professionals Worldwide and see historical passing rates and other information on the exam. Also GARP does not release the individual FRM Exam scores, as per the FRM Guidelines at www.garp.com/frmexam/guidelines.asp which state "Test results are given on a Pass/Fail basis only".

Additionally, the registrant agreement which you will sign before taking the exam states "I further understand that the specific results of my examination will not be released to me for review after completion of the examination and I will receive only a Pass or Fail notification."

Passing scores are determined as a ratio of the absolute score to the average of the top 5% of passers. You are not penalized for a wrong answer. The test results analysis that will be provided to you will allow you to see how you did compared to others that took the exam.

Thank you,
GARP FRM Team

"Creating a culture of risk awareness"

And with thanks to Jyothi :

"How many passed the FRM 2006 exam…..pass rates for FRM 2007"
Financial Risk Manager | How many passed the FRM 2006 exam.....pass rates for FRM 2007

[anil84]

I went with some other aspirants to IQFI office.
Their classes will be at somewhere at churchgate.

Frankly speaking I wasnt so comfortable.
They are first timers and didnt seem to exam oriented.
It could be a taking a chance.
The positive factor of more time could prove to be negative if time is wasted.
Faculties as told by the coordinator are FRM designation.
Still who doesnot want to go fast & just want to supplement studies with some sort of training, may go for it. By conversation they looked adjustible being first timers.
But nothing is committed from their side.

Those who really wish to take off & then wish to look for the ground where they stand, may like the Pristine way.
Pristine as all comment will be more exam oriented. But looks little fast.
They may not be putting much emphasize on basics (I doubt as I am not so familiar with Quant as have not practised much).

Faculty wise I dont have any idea.
Just heard Mr. Parminder in Pristine is good in Quant.

I didnt comment on ACE3 because first I dont have any idea. secondly they seem more money oriented. Their fees is very high.

Originally Posted by ssu039

Hello All,

Anil both are official FRM Course Providers.

From ur Analysis IQF definitely provides more days on FRM training. It would be a good idea to visit their office in Mumbai, before u register for the course with them.

Pristine is Good too, and theres one more Ace3levels.

Ultimately it boils down to How much effort does one put in, At the ends it would be us and not the Classes that would make the difference


Cheers,

Shyam

[anil84]

Comments by David Harper, CFA on Bionic Turtle ;

Financial Risk Manager | Passing criteria

Originally Posted by anil84

GARP's reply to my query as regard to sectional cut off, passing
criteria, passing percentage etc.:

If someone has better idea please put forth your comments :






And with thanks to Jyothi :

[Aquarian80]

Hi Guys,

I am from Bangalore, and after going through this forum I do realize that I am a bit late. But better late than never and so here I am.

Guys I would like to know if there is anyone from Bangalore out here in this forum who is planning to join any coaching classes or has joined yet?

Also for the notes from Schweser, even I would like to share costs for them. So if anyone could hep me out with that and any other notes available that would be really great.

[anil84]

Content of exam questions available on GARP website for paid candidates:

1. 2008 FRM Practice Exams



Reading Price:
GARP Member (Non-Affiliate): FREE


Reading Abstract:
THE 2008 FRM PRACTICE EXAMS ARE FREE FOR ALL PAID 2008 FRM CANDIDATES. The 2008 FRM Practice Exams I, II and III have been developed to aid candidates in their preparation for the FRM Examination in November 2008. These practice exams are based on a sample of questions from the 2006 FRM Examination and are representative of the questions that will be in the 2008 FRM Examination. Wherever necessary and possible, questions, answers and references have been updated to better reflect the topics and core readings listed in the 2008 FRM Examination Study Guide. The 2008 FRM Practice Exam I, II and III each contain 40 multiple-choice questions.


Reading Contents:
2008 FRM Practice Exam I - Candidate Answer Sheet
2008 FRM Practice Exam I – Questions
2008 FRM Practice Exam I – Answer Key
2008 FRM Practice Exam I – Answers & Explanations
2008 FRM Practice Exam II – Candidate Answer Sheet
2008 FRM Practice Exam II – Questions
2008 FRM Practice Exam II – Answer Key
2008 FRM Practice Exam II – Answers & Explanations
2008 FRM Practice Exam III – Candidate Answer Sheet
2008 FRM Practice Exam III – Questions
2008 FRM Practice Exam III – Answer Key
2008 FRM Practice Exam III – Answers & Explanations

2. 2007 FRM Practice Exams



Reading Price:
GARP Member (Non-Affiliate): FREE


Reading Abstract:
THE 2007 FRM PRACTICE EXAMS ARE FREE FOR ALL PAID 2007 FRM CANDIDATES. The 2007 FRM Practice Exams I, II and III have been developed to aid candidates in their preparation for the FRM Examination in November 2007. These practice exams are based on a sample of questions from the 2004 FRM Examination and are representative of the questions that will be in the 2007 FRM Examination. Wherever necessary and possible, questions, answers and references have been updated to better reflect the topics and core readings listed in the 2007 FRM Examination Study Guide. The 2007 FRM Practice Exam I, II and III each contain 40 multiple-choice questions.

Reading Contents:
2007 FRM Practice Exam I – Candidate Answer Sheet
2007 FRM Practice Exam I – Questions
2007 FRM Practice Exam I – Answer Key
2007 FRM Practice Exam I – Answers & Explanations
2007 FRM Practice Exam II – Candidate Answer Sheet
2007 FRM Practice Exam II – Questions
2007 FRM Practice Exam II – Answer Key
2007 FRM Practice Exam II – Answers & Explanations
2007 FRM Practice Exam III – Candidate Answer Sheet
2007 FRM Practice Exam III – Questions
2007 FRM Practice Exam III – Answer Key
2007 FRM Practice Exam III – Answers & Explanations

Originally Posted by ssu039

Hi Girish

Looks like some confusion

I am referring to the Practise exams thats available on GARP Digital Library. Heres the link

2007 FRM Practice Exams, FRM Certification Program

We get 3 practise exams with Solutions.

I am not referring to the sample exam thats available on the GARP website

Hope this clears,

Cheers,

Shyam

[anil84]

Schweser's reply to my query for availability of their notes for FRM 2008 and shipping time to Mumbai,India.

From : Stephanie McGrath@Kaplan
Tue, May 6, 2008 at 3:49 AM

Anil,
Thank you for your inquiry. The FRM products will be available in Mid May, we do not have an exact date yet as they are updating the materials to reflect any changes. International shipping takes 4-7 business days.

Thank you,


Stephanie Mc Grath
Customer Service Representative
__________________________
Kaplan Schweser
Kaplan Financial Education
__________________________

[anil84]

I was going through Jorion handbook for FRM - 4th edition and I didnt find compatible enough for preparation for Nov 2008.

Handbook was last published in March 2007 and meant basically for Nov 2007 exam.
Thereafter GARP didnt issue/suggested new edition i.e. the same edition will continue.

It looks like GARP publishes handbook every 2-3 years.

But looking at risk areas which are never constant & looking at FRM curriculum which is updated thoroughly every year, it dint fit in.

There are major changes in Quant section and few other sections.
Certain readings are removed all together and certain new are added.


Like EVM theory from Quant is removed & D Gujarati book is introduced.
Chapters of Micheal Ong is introduced in Credit Risk portion.

So we should not end up readings extraneous material.

Best thing is to go through 2008 AIMS first & then go thorugh readings suggested in study guide like Hull,Tuckmam,Gujarati,etc.

So please dont make Jorion's handbook as your base of study. It may not be that fruitful.

Cheers !



~Anil

[dips7]

Hi guys,

If any one of u plan 2 appear for the exam in Calcutta, lets make a note of the number so that we can have Calcutta as a cntre for exams.

Dips

[kunduanil]

Hi,

I am from bangalore and has registered for FRM 2008 Exam.I am planning to take Bionic turtle or take coaching from Pristine careers, along with other FRM material such as core reading and schweser. Anyone interested in forming a group and sharing the cost can PM me.

[Pyronite]

I entirely agree with you Anil, regarding your views on the handbook. Following is the extract from the 2008 FRM study guide which is self explanatory:


The Financial Risk Manager Handbook, 4th edition, by Philippe Jorion
(New York: Wiley & Sons, 2007), covers most of the FRM examination topics at the
appropriate level. However, please note that the FRM Handbook was designed to
help candidates review the material and is not a textbook. Alone, the FRM
Handbook is not sufficient to prepare a candidate to pass the examination.

Regards

Originally Posted by anil84

I was going through Jorion handbook for FRM - 4th edition and I didnt find compatible enough for preparation for Nov 2008.

Handbook was last published in March 2007 and meant basically for Nov 2007 exam.
Thereafter GARP didnt issue/suggested new edition i.e. the same edition will continue.

It looks like GARP publishes handbook every 2-3 years.

But looking at risk areas which are never constant & looking at FRM curriculum which is updated thoroughly every year, it dint fit in.

There are major changes in Quant section and few other sections.
Certain readings are removed all together and certain new are added.


Like EVM theory from Quant is removed & D Gujarati book is introduced.
Chapters of Micheal Ong is introduced in Credit Risk portion.

So we should not end up readings extraneous material.

Best thing is to go through 2008 AIMS first & then go thorugh readings suggested in study guide like Hull,Tuckmam,Gujarati,etc.

So please dont make Jorion's handbook as your base of study. It may not be that fruitful.

Cheers !



~Anil