Financial Risk Manager [FRM] by GARP

Jobs & Careers
674
***** CORRECTION *****

Hi All,

Catparanoid, Anil84, Pyronite, Cannedblood

Please note:
FRM Aspirants Mumbai Meet has been rescheduled to Sunday 18th May, 2008
Place and Time: Dadar CCD by 11.00 AM

Cheers,

Shyam

P.S: My intention was to keep the meet on Sunday, But I accidentally chose 17 May.
Dear All,

Lets meet up,

FRM Aspirants Mumbai Meet on 17th May, 2008

Place: Dadar CCD or Chembur Barista

Time: By 11 AM or 3 PM - TBD

Post if u r in.

cheers,

Shyam
675
File attached :
Comparison of FRM 2008 topics vs 2007 topics.
Changes in FRM 2008 :
1. Quant Section:
Damodar Gujarati - Essential Econometrics introduced in place of Probability and Statistics, Schaum's Outlines
Multiple regression is added
For Var portion - a new reading by Paul Willmott is introduced in place of Jorion
Dropped Extreme value theory (EVT) reading
Reduced readings on Volatility
2. Market Risk:
Dropped readings on VaR by Allen, Boudoukh, and Saunders
Dropped reading on Mortgage-Backed Securities by Bruce Tuckman
3. Credit Risk:
Introduction of 3 chapters of Michael Ong
One chapter of Hull in Credit Derivatives
Added reading related to Subprime Mortgage Credit
Dropped 3 readings on Credit Derivatives by Gunter Meissner
Dropped 2 readings on Credit Portfolio by Saunders
4. Operational Risk
Dropped 2 readings on Operational Risk
Added 2 readings on LDA, operational VaR & Basel II - Op Risk & SOX
Basel Readings: Dropped reading by Saidenberg & Schuermann
5. Investment Risk:
Dropped the Amaranth case entirely
Dropped 2 fixed income readings: multi-factor models & performance attribution
Added two Andrew Lo readings :
1. Can Hedge Fund Returns be Replicated?
2. Quants Failure in August 07
676

Hey Anil,

Hats off to you.....

That was a gr8 piece of info....

Thanks a Ton
Girish

677
cat_banda Says
Is FRM Quant heavy?? I am a B.COM grad and didn't had Maths in my 10+2 and graduation. I don't like Maths much...

Hi Puys,
M waiting for a reply to my query.
678

Hi,

Yes, Although Quant Risk occupies only 10% of the exam, its concepts has to be actively employed in other areas of risk.

The best option will be to read out FRM Handbook Quant Risk part. Other stuff to read out will be the Basic Econometrics book by Gujarati.

If you are comfortable with the stuff, then head on for the exam.

Another option would be - If u stay in Mumbai, get on to Laxmi Xerox shop and check out the Core Readings. Spend some time over there. Go through the Quant Risk notes multiple times.

cheers,

Shyam

Hi Puys,
M waiting for a reply to my query.
679

Does anybody have core readings of 2007.
2 missing chapters from core readings MODEL RISK and STYLE DRIFTS were part of it.
Those who have pls share!
Now pending is :-
1. 3 chapters of Micheal Ong
2. John Hull's chapter on CREDIT DERIVATIVES
3. Ellen Davis - BASEL II & SOX

680
Hi Puys,

How are your preparations going on? My self have scheduled to kick start full-fledged preparation from next week

Coming to point, After long mull over joining Pristine (We Chennai guys do not have options of Ace3Level or IQF and thanks to Anil for giving positive feedback about Pristine), finally I have decided to join classes. Classes are going to commence from 24 of May. Classes will be conducted on every Saturday and Sunday (i.e. 24, 25 of May and ). Every day 5 hours. 10 hours per weekend. 5 weekends and 5x10=50 hours of total duration. Fees 10,000.

I am strongly in favour of joing classes because of following reasons:
1. Many concepts are fairly new to many of us. Through self study, even after sparing lot of time and efforts, we may not get good grasp of intricacies of the concepts some times we do not understand at all. A formal class by an expert in that field would unravel many difficult concepts.
2. Most of the concepts very practical in nature. Briefing about background of the concepts is necessary to get practical understanding of concepts. Text books or tutorials do not provide such background. They, generally, plunge into the concepts. A class room training may provide such facility.
3. Experts in this field can give guidance and right path for preparation which is very much necessary for exams like FRM.

Its worth 10k, when we are sparing around 30k+ and so much of time.

So guys any body from Chennai want to join Pristine please post here. If we can make 5 or more we can bargain for a discount of %.

thanks,
Dora
681

hi,
we are a group of five people who will be joining Pristine in Mumbai and delhi.. so if u want u can come with us to avail the discount.. Check ur PM
Regards
Rahul

Hi Puys,
How are your preparations going on? My self have scheduled to kick start full-fledged preparation from next week
Coming to point, After long mull over joining Pristine (We Chennai guys do not have options of Ace3Level or IQF and thanks to Anil for giving positive feedback about Pristine), finally I have decided to join classes. Classes are going to commence from 24 of May. Classes will be conducted on every Saturday and Sunday (i.e. 24, 25 of May and ). Every day 5 hours. 10 hours per weekend. 5 weekends and 5x10=50 hours of total duration. Fees 10,000.
I am strongly in favour of joing classes because of following reasons:
1. Many concepts are fairly new to many of us. Through self study, even after sparing lot of time and efforts, we may not get good grasp of intricacies of the concepts some times we do not understand at all. A formal class by an expert in that field would unravel many difficult concepts.
2. Most of the concepts very practical in nature. Briefing about background of the concepts is necessary to get practical understanding of concepts. Text books or tutorials do not provide such background. They, generally, plunge into the concepts. A class room training may provide such facility.
3. Experts in this field can give guidance and right path for preparation which is very much necessary for exams like FRM.
Its worth 10k, when we are sparing around 30k+ and so much of time.
So guys any body from Chennai want to join Pristine please post here. If we can make 5 or more we can bargain for a discount of %.
thanks,
Dora
682

hey guys,

what a great thread this has become...i just cant thank regulars in here for the clarity they have given me about the FRM course...thanks one and all this being my first post up here...

---------------
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the schweser notes will take time..mostly last week of may...so i think i finally have to make that eternal start with Hull...

683

and hey rahul...even i am interested in Pristine training...count me in...the next batch starts, me thinks on June 7th...that will definitely kick me up...

684

Hi Surya,

I am Gangineni Dhananjhay. Registered for FRM Nov 2008 exam. Requested GARP for Hyderabad centre. If any body from Hyderabad can also request.

Cheers
Gangineni Dhananjhay

685

Hi,

I want to attend Pristine training in Hyderabad. We can form a group and avail the discount. Puys from Hyd pl respond

686

Hi Dora,
I am from chennai.I wanna attend pristine coaching for FRM 2008.Please let me know your contact number.
Regards,
Madhu

687

HI guys whoever wana join Pristine PM me before Friday night with ur mail ids and phone numbers..
I have already talked to Pristine and they have agreed to give us discount..
It doesnt matter even if people are from different cities and will be taking classes in different cities and different batches at different times..
Regards
Rahul

688

also whoever wana join Mumbai batch must act fast because the last date for registration is closing in .. I think its 25 May
:)

689

Hi gooner,
check ur PM
Regards
Rahul

690

"Jorion Handbook 4th Ed vs FRM2008" by "Bionic Turtle"

691

Hi madhu ( frmaspirant),

Check ur PM
Regards
Rahul

692

Anil,
R u interested in joining Pristine because i am closing in the group for Pristine to avail the discount.. Mail me .. wont be able to recieve ur call as i am not in city..
Regards
Rahul

693

Hi everyone.. this is Prabhat here from Pune. I have enrolled for FRM 2008 exam. can someone please guide me where to get the notes from. is there a sift copy available. otherwise from where can i get the material from. thanks everyone.....