seems like puys who have cleared PRM r no longer active here

realboss Says

they r standard buks n a clear understanding of subject matter from them will serve gud any aspirant taking frm/prm...entirely my personal opinion

i once spoke to a guy on orkut who has cleared prm, he said he has prepared from the handbook and practised from the schweser frm material

vicky113 Says

i wish there is a puy like that. well how did ya get those info? afaik handbook is good enuf now.

they r standard buks n a clear understanding of subject matter from them will serve gud any aspirant taking frm/prm...entirely my personal opinion

hi vicky !

thnx 4 ur reply

my understanding is that one needs to prepare from hull,fabozzi,alexander besides handbuk to clear xam comfortably...

any puy who has cleared all 4 papers would b at a bttr position to guide us

i wish there is a puy like that. well how did ya get those info? afaik handbook is good enuf now.

hi vicky !

thnx 4 ur reply

my understanding is that one needs to prepare from hull,fabozzi,alexander besides handbuk to clear xam comfortably...

any puy who has cleared all 4 papers would b at a bttr position to guide us

I'm keen to go for PRMIA exams but i've certain doubts . Please take time out to clarify these

1. Completion of all four exams would make one PRMIA certificate holder?...Is there any work-ex requirement like that in FRM?...Do we get a physical certificate mailed to us?...how much time does it take after passage of exams to receive the certificate?...declaration of exam results occur in 15 days?

2. does handbuk available for download sufficient for preparation?...If not wat all material does one need?schweser/kaplan?

3. does the syllabus changes periodically?....would beginning for prep now n by the time i give exams if syllabus changes would i be asked question based on new syllabus?

4. i need to complete the four exams in 2 year's timeframe?...if not then i'll have to begin afresh?

someone who has cleared PRMIA exams plz answer above queries

1. yes u beocme a prm after completing all the exams, no work ex required. afaik it should take 15 days to get ur result, i dont know how much time it takes for the hard copy

2. i dont think there is any other material other than the handbook. u can enroll for pristine tests though

3. i dont think syllabus changes every few months, it lats changed this yr march afaik, if u buy the official prm handbook, u will get the updates if syllabus is changed

4. not sure about the last q. better ask the helpline

I'm keen to go for PRMIA exams but i've certain doubts . Please take time out to clarify these

1. Completion of all four exams would make one PRMIA certificate holder?...Is there any work-ex requirement like that in FRM?...Do we get a physical certificate mailed to us?...how much time does it take after passage of exams to receive the certificate?...declaration of exam results occur in 15 days?

2. does handbuk available for download sufficient for preparation?...If not wat all material does one need?schweser/kaplan?

3. does the syllabus changes periodically?....would beginning for prep now n by the time i give exams if syllabus changes would i be asked question based on new syllabus?

4. i need to complete the four exams in 2 year's timeframe?...if not then i'll have to begin afresh?

someone who has cleared PRMIA exams plz answer above queries

Hey does anybody know how to get hold of the PRM handbook other than buying it from PRMIA because thats a very costly option?

Hi Dude
1)You have to pay for the study material. It will be available to you online(the link is available on PRMIA website). No hard copy of PRM handbook is available.Even if you get a hardcopy , it is bound to be the old syllabus. The syllabus changed for Exam III since March 2010. Exam IV is case study based,the cases are available on PRMIA website.
2) PRM is gaining popularity and a lot of ppl are taking it up nowadays. In fact I did search for risk managemnt jobs in various sites, and wherever I saw it was "FRM/PRM" ...Just goes to show the growing clout of PRM...Moreover the networking you get with your local chapters is also an added advantage..But at present, FRM is ruling the roost in India...However with Basel II implementations becoming the need of the day for banks,PRM is bound to be in demand..But one thing dude, PRM/FRM etc..are ONLY SECOND TO CFA.(though the bounds are different , i.e CFA is investment related and FRM/PRM risk management related)..

hey i know prm/frm is diff from cfa. so as u r saying prm is gaining value in india, so do u think its ok to try for a guy like me who doesnt have any work ex, though am a mba fin student passing out in 2011, and i have interest both in investment as well as risk management. and if u have any idea tell me, is the handbook more than enuf for the exam or something else is needed? like schweser is really good for cfa. and how much does the handbook cost, i was seraching for the info but cldnt get it

Hi Dude
1)You have to pay for the study material. It will be available to you online(the link is available on PRMIA website). No hard copy of PRM handbook is available.Even if you get a hardcopy , it is bound to be the old syllabus. The syllabus changed for Exam III since March 2010. Exam IV is case study based,the cases are available on PRMIA website.
2) PRM is gaining popularity and a lot of ppl are taking it up nowadays. In fact I did search for risk managemnt jobs in various sites, and wherever I saw it was "FRM/PRM" ...Just goes to show the growing clout of PRM...Moreover the networking you get with your local chapters is also an added advantage..But at present, FRM is ruling the roost in India...However with Basel II implementations becoming the need of the day for banks,PRM is bound to be in demand..But one thing dude, PRM/FRM etc..are ONLY SECOND TO CFA.(though the bounds are different , i.e CFA is investment related and FRM/PRM risk management related)..

hey i have a few qs regarding prmia
1) from where do u study for it? do they provide some material like cfa on registration? if not, do we have schweser type material fro prm?

2) is it worth giving? does it have any value in india?

PRM exam sample questions at www.riskprep.com - they might be of some help.

PRMIA Says

I am the Chief Operating Officer of PRMIA. I fail to see what wrong signals I am sending out. I have no control on anyone using PRM or PRMIA in their taglines.

I know it is insane to ask you this.
But can ou guide me as to which one is better among FRM(from GARP) and PRM(from your organisation)?
Also how does it help in enhancing and furthering the career of the candidates who have passed the exam.
Can you provide some testimonials. I have gone through websites of bothe the organisation and have seen more jobs posted on the GARP website. Does it mean that GARP is more acceptable?

I am the Chief Operating Officer of PRMIA. I fail to see what wrong signals I am sending out. I have no control on anyone using PRM or PRMIA in their taglines.

Unfortunately, if you publish questions from a PRMIA exam you will be in violation of our Bylaws through unethical behaviour - you will be removed from the PRMIA membership and your PRM exam results will therefore be invalid.

PRMIA maintains high ethical requirements (as does GARP) and we expect our members to behave equally.

Hello,

Just a question - Why have u both guys (PRMIA and PRMIAhelp) registered on PG using initials "PRM" as ur user name

You are sending out wrong signals - Please clarify if you are an existing PRM member and offers PRM Coaching or you are officials from PRMIA organisation

Cheers,
Shyam

Unfortunately, if you publish questions from a PRMIA exam you will be in violation of our Bylaws through unethical behaviour - you will be removed from the PRMIA membership and your PRM exam results will therefore be invalid.

PRMIA maintains high ethical requirements (as does GARP) and we expect our members to behave equally.

Hey friends i have completed my MBA (PG) & appearing for FRM.
M looking forward to wrk in Risk mgmt.
I have few questions ......
1) In case of FRM if u clear d exam u gt certificate only after showing experience of 2 years, is there any such thing for PRM too??
2) Do we need any higher qualification to appear for PRM?? ( I mean do we need any higher degree like FRM or CFA to appear for PRM)
3) PRM is simpler to FRM??

Plz Help.............

I recently took the financial part and got a 55. Of course I need to take it again. In fact, I can some post the questions from memory here itself

hi,
could u pls tell me prm is better thn frm or not ..what r the major differences between prm and frm... which is well recognised

regards,
amitesh

Hi,

Is prima handbook sufficient ...
Any info would be helpful.

abs

Yes I am totally agree. Actually I am planning for PRM. But I am confused that whether PRM is well known or not like FRM is well known.
If I give PRM exam then it will worth or not.

I need help.

@DestinationIIM's - Good thread

I guess we can have some FRM or Fin experts post here and let us know the diff as well as the aspects of PRM ....
Post the query abt comparison on the FRM thread given by rmbt and give the link to this thread for ref.

@rmbt - PRM is a diff exam and so i think a new thread shd be ok for it ..

Hi

I've gone through the detail on PRM website and have decided to register. I've got the Handbook for preparation too.

Anyone who has taken the exam please update.

As i see, there is only one exam test centre in India at Mysore! Is that right?
I'm from Bangalore.


Bye

PS: saxson101, i've sent you a personal message. plz check you Inbox on pagalguy.

Hi Mizzou,

can u help me in getting study material for PRM

Thanks

general gyaan on PRM

1) lots of centres in india. In fact atleast 10 in delhi alone

2) no restriction on PRM

3) Not much useful if u're interested in Ibanking front office

4) Very useful if u want to go into risk mgmt/middle office

5) NONE of the recruiters at my b school knew wat was PRM abt

6) FRM is a bit more recognised

7) Have taken only exams 1 & 2 so can only tell u abt them - easy

exam 3 seems tough

9) NOT a subsitute for CFA

hi Maverick_2007

can u help me regarding preparation material for PRM level-1 &2.

Thanks
Jas

Please help me i need question bank for PRM, my id is samthinkgreat@gmail.com

Can anybody provide question bank on PRM please i need urgent help

Guys,

Can someone please help with these questions?

thanks

Hey KK, Bhaiyyu and others on this thread,

I am looking for some help re info on PRM and its prep. Quite specifically my questions are mentioned below. Any help would be real gold guys, please if you can throw some light...

1. Any institution in Delhi that offers training/coaching on PRM (or CFA)?
2. Can you please suggest if the suggested book - essentials of risk management - is sufficient for clearing all the exams for PRM certification? In other words, if you can recommend some good readings - mandatory or optional.
3. Appropriate time frame for attempting the certification. I do have basic financial and accounting knowledge though.

Thanks a bunch in advance!

rags

Hey KK, Bhaiyyu and others on this thread,

I am looking for some help re info on PRM and its prep. Quite specifically my questions are mentioned below. Any help would be real gold guys, please if you can throw some light...

1. Any institution in Delhi that offers training/coaching on PRM (or CFA)?
2. Can you please suggest if the suggested book - essentials of risk management - is sufficient for clearing all the exams for PRM certification? In other words, if you can recommend some good readings - mandatory or optional.
3. Appropriate time frame for attempting the certification. I do have basic financial and accounting knowledge though.

Thanks a bunch in advance!

rags

Hi Bhaiyyu,

I have scheduled my PRM test 2 this monday.
can you tell us about the type of questions asked ?
also I am only studying the hand book provided by PRMIA.
will it be sufficient to clear the exam ?

KK

Hi,

Is prima handbook sufficient ...
Any info would be helpful.

abs

Hi

If anybody has any links to the Sample Questions on the PRM exam .
Please post

Regards
punter15

Hi Bhaiyyu,

I have scheduled my PRM test 2 this monday.
can you tell us about the type of questions asked ?
also I am only studying the hand book provided by PRMIA.
will it be sufficient to clear the exam ?

KK

general gyaan on PRM

1) lots of centres in india. In fact atleast 10 in delhi alone

2) no restriction on PRM

3) Not much useful if u're interested in Ibanking front office

4) Very useful if u want to go into risk mgmt/middle office

5) NONE of the recruiters at my b school knew wat was PRM abt

6) FRM is a bit more recognised

7) Have taken only exams 1 & 2 so can only tell u abt them - easy

exam 3 seems tough

9) NOT a subsitute for CFA

Hi... Thanks for your inputs.

How thorough do we need to be with complex formula's in the PRM handbook for exam 2. Like Lognormal distributions, variance in each case etc.

What kind of questions should i expect. I'm going to take exam II soon.

general gyaan on PRM

1) lots of centres in india. In fact atleast 10 in delhi alone

2) no restriction on PRM

3) Not much useful if u're interested in Ibanking front office

4) Very useful if u want to go into risk mgmt/middle office

5) NONE of the recruiters at my b school knew wat was PRM abt

6) FRM is a bit more recognised

7) Have taken only exams 1 & 2 so can only tell u abt them - easy

exam 3 seems tough

9) NOT a subsitute for CFA

Hi

I've gone through the detail on PRM website and have decided to register. I've got the Handbook for preparation too.

Anyone who has taken the exam please update.

As i see, there is only one exam test centre in India at Mysore! Is that right?
I'm from Bangalore.


Bye

PS: saxson101, i've sent you a personal message. plz check you Inbox on pagalguy.

Hi guys
Is there anyone here preparing for PRM or have completed it ?:neutral:
I have just started :satisfie: have to complete before september last week:(
we can discuss different things related to this ?:neutral:
How is it compared to FRM valuewise ???:
more info here : PRMIA: The Professional Risk Managers' International Association

hey i have just register for it loooking forward to sit for level 1 in august.

any info on the study material bro

hey wot happend suddenly to this growing thread.lets resume the talks man
i'm keen to know details about PRM
1. hasnt it been put under ne restrictions like wot happened with CFA in india?
2.does it stand an edge over CFA or equally good?
3.which one is better FRM/PRM?

@rmbt - PRM is a diff exam and so i think a new thread shd be ok for it ..

Ya, pal....Completely understand that, trying to help him with FRM(as there is already a thread on it).

This thread might help you:

http://www.pagalguy.com/forum/career-discussions/17216-financial-risk-manager-frm-garp-11.html

All the best.