Financial Risk Manager [FRM] by GARP

Hi Shyam/Anil,

I have seen the discussion regarding Essestial Econometrics. When that book is included in Core Readings set by Laxmi, why we need to buy separately. One Pagal Guy said It is there in Core Reading set.

Please clarify my doubt.

Midas Touch

Hi,

GARP suggested core readings has Chapter No. 1 to 8 of book "Essentials of Econometrics" by Damodar Gujarati.
These basically cover basics of statistics & usage of probaility models and other things in further analysis.

GARP has not included these into their course pack v1.0 and these are written as "Coming Soon" in the list.

For FRM studies only certain chapters of this book are relevant.


Hi Shyam/Anil,

I have seen the discussion regarding Essestial Econometrics. When that book is included in Core Readings set by Laxmi, why we need to buy separately. One Pagal Guy said It is there in Core Reading set.

Please clarify my doubt.

Midas Touch

....................

Nobody has posted anything about their studies.
How are you all proceeding & what are you referring?

I had started with John Hull 6th ed. Now I have started Gujarati also.
Because of stretched working hours I am having less time to study.
Still trying to read at least 1-2 hours a day.

I dint find jorion good one to start with. Anyways its still stands good for many topics.

Hi All,

I am new to PG.... I was referred to this by one of my friends. I have registered for FRM 2008 and am weighing my options for going for one of the frm course providers. I have talked to pristine and also I met the IQFI people on Saturday and discussed the details of training program. The faculty at IQFI seems to be interesting. Mr. Biswas is one of the promoters of risk infotech solutions a risk management company. He seems to have good knowledge of risk modeling and quantitative methods. Mr. Shah has 14 years of experience and is currently handling risk at HSBC amc and has also worked with stan chart bank treasury heading the market risk and says he was the CRO at SBI funds. Now i have to make up my mind.... can anyone guide me?

thanks

.......................

About difference in HULL 5th ed and 6th ed, Girish may help.

As far as reading Gujarati further is concerned...its upon ur apetite to grasp more.
GARP has suggested certain readings & Quant portion has 10% weightage.

There is so much to read in other topics.
Readings of Gujarati book suggested in Core Readings covers so much & may suffice for further readings of other topics.

I am not so sure as I have not studied Gujarati that much.

Still I feel at least we should first cover that much whatever is there in AIMS.



Hi Anil,

I am currently at the 13th Chapter of John Hull,5th Edition.Is there any difference b/n 5th and 6th Edition.As i am not from finance background I am planning to finish John Hull first.Regarding Gujrati ,will the material in core reading enough or I have to buy gujrati buk..

Regards
Anil

Hello! Everybody,

I am new to PG. I have registered for FRM 2008. Have started with John C Hull & Core Readings on Fixed Income Mathematics.

I am also planning to join coaching centre in Mumbai. I am weighing the options between IQFI & Ace3 Levels.
Any feedback is welcome especially of Ace3levels since this is their second year. IQFI is in their first year.......so we dont know exactly still any suggestions.

Yes, please include me in the group for sharing the Bionic Turtle as well.


About Calculator pls suggest whether we should go for Plus or Professional.


Thanks & Regards.

Hi

I would like to buy Core Readings as soon as possible. Please confirm that Laxmi Xerox provides all the material. Recently, Anil said that He has informed those guys about missing chapters.

Thanks

Dear All,

Just In .... Must SEE :new_multi:

GARP website in all its new look -

A Cool!!! new webpage design - Too Good

GARP : Global Association of Risk Professionals

Really loved it

Its time, that I change my signature too for a brand new one

cheers,

Shyam

Hi Folks

I am new to Pagalguy. This forum is huge..!

Here goes my first post..

I had applied for the 2008 FRM Scholarship Programme. I couriered them the required documents along with the application that reached them on 22nd April. Since then I have not received any email acknowledging the receipt of my application. They dont even reply to any of the mails I write to them regarding this. I tried calling them over the phone. What I got was a computerised call process with a dead end and no solution to my distress.

I wonder if any of the puys can get me through this and what should I do in ths regard.

I am right now doing my graduation. Do you think its okay to spend those 700$ on FRM. Is it worth it for me if I fail to get the scholarship. Besides, do you think it will help me in getting IB placements during campus recruitment.

:baaa:Ankit

I have purchased FRM digital package from GARP. I am willing to share it with others for a reasonable price or in exchange of Bionic Turtle/Schweser material. Objective is to share resources to get access to multiple preparation materials.

I am in US, so it will be possible to share with others only in US. If anyone in US is interested, please send me a message.

Good luck to all FRM aspirants!

Kumar

Hi ,

I am new to Pagal Guy. I am appearing for FRM 2008.

This is my first post. I plan to start my 1st readings with weekend.

Can anyone suggest , whether i start first with CoreReadings first or Schweser Notes.

Hi Ankit,

Welcome to PG

There are 2 to 3 guys who had applied for FRM scholarship - 1 was from FMS, delhi, 1 from IIFT. So just search backwards 4-5 pages - u will get their posts. They will be in a better position to answer ur queries.

Scholarships are offered on first come, first serve basis for first 100 Applicants only.

U said u are currently doing ur graduation. I doubt if you will qualify for Scholarship. There is a minimum course credit requirements that you need to complete for availing scholarships. This you will get only in an MBA programme in India. Please double check the FRM Scholarship

If you are looking at Jobs in Investment Banking Division then FRM/CFA would not help you. You need to be an MBA from a premier institute to get in. An IB will hire you for other roles in some different departments.

cheers,

Shyam


Hi Folks

I am new to Pagalguy. This forum is huge..!

Here goes my first post..

I had applied for the 2008 FRM Scholarship Programme. I couriered them the required documents along with the application that reached them on 22nd April. Since then I have not received any email acknowledging the receipt of my application. They dont even reply to any of the mails I write to them regarding this. I tried calling them over the phone. What I got was a computerised call process with a dead end and no solution to my distress.

I wonder if any of the puys can get me through this and what should I do in ths regard.

I am right now doing my graduation. Do you think its okay to spend those 700$ on FRM. Is it worth it for me if I fail to get the scholarship. Besides, do you think it will help me in getting IB placements during campus recruitment.

:baaa:Ankit

Hi Shyam/Anil,

Please respond to my query regarding Core Readings.
In 2nd week of May, My friend is coming to Mumbai. So that I can purchase Core Readings from Laxmi Xerox.

Thanks,
Midas Touch

There are two chapters which are there in study guide but I dunno why GARP didnt include these into core readings part.


Already there is so much of material suggested.

May be you can get what is available now & start studying.




Hi Shyam/Anil,

Please respond to my query regarding Core Readings.
In 2nd week of May, My friend is coming to Mumbai. So that I can purchase Core Readings from Laxmi Xerox.

Thanks,
Midas Touch

Hi buddy,

To add more to what Anil posted,

The current core Readings thats available is pretty vast and will last you for atleast 3-4 months. Till that time, the missing chapters will be out.

So just go ahead and purchase it.

cheers,

Shyam

Hi Shyam/Anil,

Please respond to my query regarding Core Readings.
In 2nd week of May, My friend is coming to Mumbai. So that I can purchase Core Readings from Laxmi Xerox.

Thanks,
Midas Touch

Anil, Thanks for providing good links.
Please do it in future as well.
I am Commere Grad and did not have Maths in Inter.
I am getting scared of Quant. Please give me some suggestions. I am thinking of joining tuition for Quant.

any suggestions, welcome.

Thanks

Hi! Shyam, Anil & Everyone

Thanks Anil 4 the Links provided.
It seems Shyam knows a lot about FRM.

Please help me with the feedback on Ace. How good r they , since they r too costly. Whether it is worth the money.

Secondly any inputs for IQFI, the people who are interested in joining IQFI. The idea is both of these go gradually.

Thanks & Regards.

:)

Hi
This is regarding ur query on the use of the calculator...I believe Shyam had answered a similar query some time back on this thread.
This is what he said:

" would advise you to go with TI BA II Professional or Plus and not the HP one. Thats because, all the Schweser Notes of FRM or CFA will give explanations and calculations to numericals with the help of TI BA II PLus calculator.
Between Plus and professional, Professional is a bit more advanced and contains more functions than the Plus calci."

I would like to add the following

  1. Schweser recommends the TI BAII Plus/Pro for the FRM examination. If you do purchase a TI BAII , please note that it comes preset from the factory with P/Y (payments per year) set to 12. Remember to change the same as and when required.
  2. I have seen both the TIBA versions ..while the Pro version looks really cool :cool2:, its keys are slightly harder compared to the other one

Hope this helps


Hello! Everybody,

I am new to PG. I have registered for FRM 2008. Have started with John C Hull & Core Readings on Fixed Income Mathematics.

I am also planning to join coaching centre in Mumbai. I am weighing the options between IQFI & Ace3 Levels.
Any feedback is welcome especially of Ace3levels since this is their second year. IQFI is in their first year.......so we dont know exactly still any suggestions.

Yes, please include me in the group for sharing the Bionic Turtle as well.


About Calculator pls suggest whether we should go for Plus or Professional.


Thanks & Regards.