Financial Risk Manager [FRM] by GARP

Jobs & Careers
506

Any one preparing for FRM 08 From PUNE please PM me we can schedule a meeting, discuss on notes, coaching classes etc.

507

Hi

Good one Girsh, Me was also planning for a similar meet in Mumbai.

Do post the outcomes of the meet, later

All the best

Shyam

Hi all FRM aspirants (For Chennai based puys)

we are planning to meet tomorrow 19/04/2008 at around 6.30pm at Ascendas (near Tidel Park).

andy_jaan, doraa7 and girishdn(me) have confirmed.

If anybody is interested plz. pm me for the details.

Girish
512

i m new to the forum can any one provide the website link for examing authority of FRM

513

Hi Girish,

Can U pls brief out the payment details for the Schweser's material, I wish to pool with U guys.

Cheers,
Surya

514

any one from bangalore appearing for FRM.. we can pool in for study materials

515

Dear all yesterday we had FRM pg meet at Chennai:

The discussion included lots of topics(unrelated).
The points that came out were:
1. Get stock of the study material we have and share them among within ourselves.
2. The Schweser vs. core readings.
3. Though all of us thought that core readings wud be better from the knowledge perspective the importance of schweser cannot be ruled out for clearing exam.
4. Andy added that FRM is not that tough exam as it is made out to be one.(really a comforting statement)
5. Chennai traffic
6. IPL (namely brandon maccullum and hussey innings.:w00t:
7. PLanning to meet next week again.

neways we have to wait till may 3rd week for schweser so lets try and cover hull and gujrati(if we get hold of one) to the extent possible.

Girish

516

suryasanthosh schweser is available in 3rd week of may. from my Approximate calculations I guess it should cost around 2500. Will inform group once we actualy approach the release date of schweser.

Girish

Hi Girish,

Can U pls brief out the payment details for the Schweser's material, I wish to pool with U guys.

Cheers,
Surya
517

Hi All,

:laugh: Good to hear from you all, In PG we have a custom that whenever one has a PG Meet, they need to post pics - Guys please do that in next meet :happy:.

Some points that I would like to add

3. Core Reading is like a Textbook - Its damn vast and wide whereas the Topics are quite narrowed down as per the FRM Readings in Schweser. For a start, it would be better If one prepares from Schweser and once He has done with that, he can move on to Core Readings for adequate cover.

4. Its definitely comfortig words, All those people who gave FRM exam last year, think Otherwise. Its definitely a TOUGH EXAM.

I have joined a FRM Training Class in Mumbai, and already 3-4 people who had joined there, dropped the idea of giving FRM exam this year.

One definitely needs to put in a lot of preparation, and since the passing criteria is Percentile based, No one knows till the last moment whether they will clear the exam or not, until the result has been declared.

cheers,

Shyam


Dear all yesterday we had FRM pg meet at Chennai:

The discussion included lots of topics(unrelated).
The points that came out were:
1. Get stock of the study material we have and share them among within ourselves.
2. The Schweser vs. core readings.
3. Though all of us thought that core readings wud be better from the knowledge perspective the importance of schweser cannot be ruled out for clearing exam.
4. Andy added that FRM is not that tough exam as it is made out to be one.(really a comforting statement)
5. Chennai traffic
6. IPL (namely brandon maccullum and hussey innings.:w00t:
7. PLanning to meet next week again.

neways we have to wait till may 3rd week for schweser so lets try and cover hull and gujrati(if we get hold of one) to the extent possible.

Girish
518

Hi Girish,
Pls count in my contri for the Schweser material
Btw, what all material would you get when u say the cost per head would be ~2500 INR?

~anshuk

suryasanthosh schweser is available in 3rd week of may. from my Approximate calculations I guess it should cost around 2500. Will inform group once we actualy approach the release date of schweser.

Girish
519

Hey Guys...It is good to see ppl really into FRM spirit, I was just searching the net for FRM details and in this forum, I got a lot of information abt FRM, :idea:

I would be interested to buy the schweser material, would like to know can I be a part of this contribution pool for Schweser related stuff.

I just thank all you guys, for all the efforts and time given to share the information.

Best wishes...Fletch

520

well suryasanthosh,Anshuk,goalfrm

plz. chk ur pm for my contact details.


Anshuk

it is entire schweser essential solutions set.
u can see the contents on the schweser site.

The idea to pool in in the form of group is to get the complete set of schweser

Girish

Hi Girish,
Pls count in my contri for the Schweser material
Btw, what all material would you get when u say the cost per head would be ~2500 INR?

~anshuk
521

Making this thread sticky because of the sheer attention and response it gets. Also, because of request from ssu039.:satisfie:

Enjoy.

522

hi puys,

first my intro...
i am a system analyst having 3 years IT exp....
would be moving to kolkata as a business analyst in a commercial bank KPO....
any of the FRM veterens please advise whether which is
the best payment options for FRM fee payment....
also wanna know that if the online payment is made are they going to deduct the membership fee next year also from my credit card account....
also what should be the account balancein rupees in one's credit card for payment of $ 550...
would request to reply back as soon as possible as the deadline for early discount is approaching (30 april 200.....
is there any other suggestions to keep in mind while registering for exam.....

also any guys from kolkata to form a study group for FRM....

cheers ,
psycho

523

Hi Psycho,
Safely assuming the exchange rate to be close to 42 INR at the time the txn happens, you would need close to 550*42 = 23100 INR in your CC acct. Plus, there is a conversion fee that is charged, and service tax on that...add a margin of another 1000 bux...net-net, ensure that you have 24000+ limit on your card account before you register

~anshuk

hi puys,

first my intro...
i am a system analyst having 3 years IT exp....
would be moving to kolkata as a business analyst in a commercial bank KPO....
any of the FRM veterens please advise whether which is
the best payment options for FRM fee payment....
524

and yes...as someone mentioned earlier in this forum, tseems like the card account is automatically going to be debited every year for the annual membership fee..so not only wd you have to ensure that you have funds available in your card acct at that time (to avoid going into overlimit, and thus being charged by the bank for the same), but also would you have to ensure that you keep that card acct live forever (or update GARP about it...the formalities of which are still unclear to me)

~anshuk

hi puys,

first my intro...
i am a system analyst having 3 years IT exp....
would be moving to kolkata as a business analyst in a commercial bank KPO....
any of the FRM veterens please advise whether which is
the best payment options for FRM fee payment....
also wanna know that if the online payment is made are they going to deduct the membership fee next year also from my credit card account....
525

Yipee!!! Financial Risk Manager by GARP goes Sticky

Thats another feather in our Cap (the 1st one being our decision to give FRM)


btw Hows studies going on ...


Well, I am completely done with Market Risk and only 1 chapter (VAR) left for me in Quant Risk.

Rest on is just a cakewalk for me

v

v

v

v

v

v

Just Kidding, Hope I could say that now

208 Days left for the FRM exam.

Cheers

Shyam



Making this thread sticky because of the sheer attention and response it gets. Also, because of request from ssu039.:satisfie:

Enjoy.
526

Hi guys,

I have been following this thread since a long time and it has really increased my level of interest to appear for the FRM exam in Nov 08.

I just want to gauge how doable is this course. I am a B.Com with 5 years of experience in Investment Banking (worked in Treasury and Financial Controlling functions) in India and abraod. Currently I am placed in Singapore. I want to know is there anyone from a Commerce background attempting this exam in November?

For some personal reasons, I am taking a break from work so would like to utilize this time to give a 100% dedicated effort to prepare for this exam. Keeping that in mind and also the fact that I am from a non-engineering / non-fin background, will July be too late to start preparing for it?

Anyone who can share his/her thoughts on this will be a great help to me.

Cheers.

527

HI Zimmer,

Welcome to PG

Me from a BMS Background, and will be giving the FRM exam this year.

For Quant Risk - People of Engineering Background, Statistics, Economics(Econometrics to be precise) will have the most benefits

For Market Risk - People of MBA Finance who are already done with Hull, will have the maximum benefits.

Rest of the course will be on similar lines for all.

Since you already work in Treasury and Financial Control functions, you may be familiar with many of the concepts required in the exam.

Starting in July will be a bit late, To gauge yourself - You can start off reading Hull and Jorion - FRM Handbook. If you find all these comfortable, the you are fit for the exam.

cheers,

Shyam

Hi guys,

I have been following this thread since a long time and it has really increased my level of interest to appear for the FRM exam in Nov 08.

I just want to gauge how doable is this course. I am a B.Com with 5 years of experience in Investment Banking (worked in Treasury and Financial Controlling functions) in India and abraod. Currently I am placed in Singapore. I want to know is there anyone from a Commerce background attempting this exam in November?

For some personal reasons, I am taking a break from work so would like to utilize this time to give a 100% dedicated effort to prepare for this exam. Keeping that in mind and also the fact that I am from a non-engineering / non-fin background, will July be too late to start preparing for it?

Anyone who can share his/her thoughts on this will be a great help to me.

Cheers.
528
Hi ssu039,

Any idea how is ace 3 levels for FRM Coaching??

Hi all,

I am an MBA (Finance) and an engineer. I have one and an half years of experience as Research Analyst. I have relatively good grounding in Finance.


As somebody was mentioning in this forum, I too believe formal training and then self study...
I am seriously looking at taking coaching from Pristine (I would prefer ACE as it spread for 15 weeks, but they do not conduct classes in Chennai) for FRM. Before that I want know is it worth money taking coaching in Pristine? Has anybody taken coaching at Pristine or heard of somebody taking coaching at Pristine? How good is that? the curriculum structure, faculty, advisory, tips for the exam, etc...

Links:
Ace 3 levels - Ace3Levels Coaching for the FRM Exams conducted by GARP
Pristine Careers - PristineCareers

kindly pour in suggestions in this regard,

thanks and regards,
Dora
529

Hi,

Other than PristineCareers there is one more institute mentioned on GARP website.
http://www.iqfindia.com/frmbrochure.pdf

Does anybody have any idea about either of two??


GARP website do mention about automatically charging renewal fee...


Please be advised that GARP automatically renews individual membership one year from the initial sign up date for those who pay via credit card. An email notification of this membership charge will be sent to you four weeks prior to your renewal date.



INSTITUTE OF QUANTITATIVE FINANCE (INDIA)

Brochure: http://www.iqfindia.com/frmbrochure.pdf

FRM Training
IQFI provides classroom based interactive training to FRM candidates. We impart hands on and practice oriented training to enable candidates to gain deep insight into the subject and achieve success in the FRM exam.
Offerings
  1. Extensive 13 weeks (104 hrs) classroom sessions for exhaustive exam preparation .
  2. High quality trainers who have combination of teaching and industry experience to equip the candidates with expertise in Risk Management concepts and enable them to score success in the exam.
  3. Extensive practice exams at the end of each module
  4. Mock tests at the end of course to assess the level of prepardness of the candidates.
  5. Addional mock test 2 weeks before the FRM exam.
  6. Refresher course material.
  7. Question bank with solutions for past FRM examinations.
  8. Sample papers.
  9. Assistance in job placement and career guidance.
Faculty
Our trainers comprise of highly experienced professionals having expertise in Risk Management, Investment Banking and Basel Implementation with educational background in Quantitative Finance, Management & are also holding CFA and FRM designation.
Training Structure
The entire training will be divided into modules. After completion of each module sufficient time will be given to the candidates to read, practice and come back with queries and doubt in the next session. Each learning module will be followed by a practice test. After completion of training two mock tests will be conducted to give a feedback on the level of preparedness.
After completion of the exam candidates will be supported with career guidance and given extensive placement support without any charges.