agarwalankit0 SaysIt would be nice if u can send me the attached files. M also giving FRM this May. Me too from Mumbai.....mine emial-is is
Could you please also share it with me at
Could you please also share it with me at
any1 giving FRM L1 from kolkata in may 2011??? interested in study groups?? contact me!!!
can any1 tell me how to access the bionic turtle videos...other than payin and accessing them???....
and whether there are any sectional cut offs in FRM L1??? out of the 4 sections if i score 0 in 1 section...and manage to do well in the rest....can i still clear the exam???....and is there any passing criteria...like a particular mark has to be obtained to pass??....
request those who already cleared to answer these critical questions....
thanks in advance.... 😃
I have completed CFA level 3.
Will start MBA in 2-3 months.
Have 3.5 years of non-finance work experience.
recently resigned from last job
am free for next five weeks.
Is it good to do some finance job/internship or do FRM ?
Which one will help me in getting summer internship in finance area ?
I have one day left to decide and register for FRM Level I
Hi All,
I am thinking of taking up FRM 1, in December 2011. Currently I am doing Actuarial Science and I am done with CT series of it. Due to the bad job scene in actuarial I want to do FRM, But recently I came across some discussions saying that for jobs there is no or less requirements in FRM, Is it True? Because by seeing the curriculum it seems pretty good to me having such good insights about risk management hedging...Please guide if in this case CFA would be better as jobs are very much available.
It would be really helpful if some one put light on job scenario for FRM and CFA.
Thanks:cheerio:
I need test bank which comes with FRM handbook by Jorion. Is there anyone who is having the soft copy of the same. Will be very thankful.
Dear FRM aspirants,
I am writing some things about the exam from my own experience of taking the exam in November 2010.I guess things would not change substantially this time round.
Inside the question paper, somewhere between two pages, OMR answer sheet is enclosed. The answer sheet has another paper attached to it so that whatever ovals you darken also appear on the other paper.In US parlance, they call it 'carbon paper'.The answer sheet and carbon paper are attached to each other using perforations on the top as well as left margin. Once the invigilator instructs, remove the answer sheet and attached carbon paper by pulling along the perforation on the LEFT side. Leave the perforations on the top untouched. By mistake, I had pulled at least 20% of the top perforation and I was really worried whether my answer sheet will be graded or not.Fortunately it was graded but why take chances?
In XAT,SNAP and other MBA entrance exams, you can change answer by completely erasing old answer and darkening new oval.However FRM follows different method.You CANNOT use eraser. If you want to change the answer, leave the already darkened oval untouched, darken the oval that you feel is the appropriate answer.Thus two ovals will remain darkened.In order for their computer to know which one of the two was the right answer expected to you, there is a blank square just next to ovals of the OMR. Just write 'A'/'B' or whatever corresponding to YOUR answer.Please note that whatever you write on OMR sheet is getting recorded on the carbon paper.If you use eraser on OMR sheet,it will erase only your answer on OMR sheet but whatever you have recorded earlier would be still visible on the carbon paper.If there is a mismatch between OMR sheet and carbon paper, that might lead to problems. Still carry an eraser because you might need it for rough calculations.
Thirdly,you have to return the question paper along with answer sheet.At any point, do not remove carbon paper from the answer sheet.If I remember it right, I had to sign on the question paper as well.You cannot carry the question paper with you.
Fourthly, you can do the rough calculations on the question paper.There are couple of pages in the question paper for rough calculations. I used them and I also used blank space on other pages to perform rough calculations.
Also make sure that you get enough practice of using the financial calculator. Some keys and functionalities on that calculator are not very obvious. Ordinary scientific calculator follows BODMAS rules but I guess BA Professional Plus of Texas Instrument does not.Get to know all such nuances and avoid last minute confusion.
They are very strict about time.If they say that doors will be locked at 7.45 AM, they mean it.Also once the invigilator asks to stop, just stop at once.They can file a violation report with GARP in case any of their instructions is not followed.
By now you might have received your hall tickets online.Get the printout of the hall ticket and remember that you are not supposed to write anything on the printout of the hall ticket.Hall Ticket will mention your GARP ID and seat number. One day before the exam, they put up the list of room numbers in the center and the examinees with GARP IDs in respective rooms.
I appeared for exam in Mumbai at Thakur College, Kandivali.On the day of the exam, I found out that according to GARP ID chart displayed the previous day, I was supposed to be in one room and according to seat number, I was supposed to be in some other room.Same was the case with pretty much everybody.That caused some confusion initially and we had to see the concerned person to find out the right room.If that happens, don't panic. During FRM L2, invigilator wrote the correct seat number on my Hall Ticket printout. I told him that according to GARP rules, nothing should be written on the hall ticket but he told me that they would take care of this. So the bottomline is if invigilator writes something on the hall ticket, tell him/her that it is against rules (of course it will be taken care of in case invigilators write something) but in any case do not write anything on your hall ticket on your own.
I am just writing all this to make you aware of what to expect in actual FRM. Don't get unnecessarily tensed up because of all these details.Just know that you might face something like this on the D-Day. Again the disclaimer applies-- I am writing this from my own experience of appearing for FRM in November 2010.Their rules might be same or might have been changed.So apply your own judgment.
Good luck for your FRM. I am sure that you all will rock!!!
GKRM
Hi All
I am preparing for CFA L1 and comtemplating on appearing for FRM part 1 this November. However I am going for MBA in a couple of months and won't get as much time to study as I have now. I need some guidance on whether I should go for it this november or wait for may next year.
So could anyone please tell me how the extent of course material and difficulty level on FRM part 1 compare with CFA L1?
Sanchit
Hi All
I am preparing for CFA L1 and comtemplating on appearing for FRM part 1 this November. However I am going for MBA in a couple of months and won't get as much time to study as I have now. I need some guidance on whether I should go for it this november or wait for may next year.
So could anyone please tell me how the extent of course material and difficulty level on FRM part 1 compare with CFA L1?
Sanchit
Me too. Joining FMS this July. Preparing for CFA L1. I am in a dilemma whether it is any use trying FRM. Is it possible to keep good grades and also prepare for FRM considering the hectic MBA assignments? The thing is whether it will give an edge in summers?
This reply for earlier query raised by Sanchit as well as Oliveoyl.
I graduated from a top B-school this year and I appeared for both FRM and PRM in my 2nd year of studies.The first year was damn hectic. Still some students appeared for CFA L1 in 1st year, though I suppose nobody appeared for FRM in 1st year.
Generally your summer placement interviews will be done by November and your FRM results will be declared only in January. So appearing for FRM in 1st year will not give you any advantage in summer interviews. Had you finished FRM before going to B-school, that would have definitely given you an edge in summer interviews but not in this case.
On the other hand, if you pass FRM before your final interviews (which will happen sometime in February-March 2013), you can very well use FRM for your final interviews.
GKRM
oliveoyl SaysMe too. Joining FMS this July. Preparing for CFA L1. I am in a dilemma whether it is any use trying FRM. Is it possible to keep good grades and also prepare for FRM considering the hectic MBA assignments? The thing is whether it will give an edge in summers?
Thanks for the quick reply.
I understand your point. However I intend to complete both parts of FRM, and CFA L2 if possible, before I complete my MBA. And if I don't appear for FRM part 1 now I'll have to take three (pretty tough!!! ) exams next year. As far as I know there quite some overlap between PRM and FRM, while the curriculum for CFA L2 is completely different. That's the reason I think I'll have to complete FRM part 1 this year itself.
Sanchit
Hi All,
I am thinking of taking up FRM 1, in December 2011. Currently I am doing Actuarial Science and I am done with CT series of it. Due to the bad job scene in actuarial I want to do FRM, But recently I came across some discussions saying that for jobs there is no or less requirements in FRM, Is it True? Because by seeing the curriculum it seems pretty good to me having such good insights about risk management hedging...Please guide if in this case CFA would be better as jobs are very much available.
It would be really helpful if some one put light on job scenario for FRM and CFA.
Thanks:cheerio:
hi ankit, FRM is a very good combination with actuarial science, and there are decent opportunities with Insurance companies. But it also depend on you education background, for ex how many exams have you cleared for actuarial, are you a graduate or post graduate. If you are just a gradate then CFA will definitely give more job opportunities
Hi,
I have just finished my PGDM (finance) and intend to appear in FRM nov 2011. I dont have a maths background , although I had maths upto 12th and have a good hold on the topics of probability and calculus of upto that level only. I have a good idea of financial concepts and have studied Risk Management well from J.C.Hull's book. Currently I am preparing Probability from Feller's and Econometrics from Gujarati and revising Hull. Can somebdy advice me if I need to do any thing more, i.e on calculus etc... also what is the future prospect of a fresher MBA finance with an FRM, clearly I'm eyeing for a treasury job after this ie, aftr taking the may 2012 exam.
I'l appreciate a reply :)
Leonidas
I suppose we can discuss doubts here:
I have a simple question from the futures:-
Initial margin is $6000 per contract and mainteinance margin is $4500 per contract. Supposing only 1 contract is there.....At what circumstance can $2000 can be withdrawn from the margin account?...
some1 plz explain....TIA
pardon me if its silly q 😃
Hi...u can study from core readings(they are more than enough)or you can go for scheweser notes+ Philip jorean.
Do practice the questions from Schweser.
This material will be available at laxmi photocopier in mumbai.his no. is 09820541867
Hi,
I have just finished my PGDM (finance) and intend to appear in FRM nov 2011.
I dont have a maths background , although I had maths upto 12th and have a good hold on the topics of probability and calculus of upto that level only.
I have a good idea of financial concepts and have studied Risk Management well from J.C.Hull's book. Currently I am preparing Probability from Feller's and Econometrics from Gujarati and revising Hull.
Please advise me if I need to do any thing more, i.e on calculus etc...
also what is the future prospect of a fresher MBA finance with an FRM, clearly I'm eyeing for a treasury job after this ie, aftr taking the may 2012 exam.
I'll really appreciate if someone can list the hot topics for FRM and the relevent books .. I dont have access to materials like Schweser yet!
Leonidas 😃
Hi,
I have just finished my PGDM (finance) and intend to appear in FRM nov 2011.
I dont have a maths background , although I had maths upto 12th and have a good hold on the topics of probability and calculus of upto that level only.
I have a good idea of financial concepts and have studied Risk Management well from J.C.Hull's book. Currently I am preparing Probability from Feller's and Econometrics from Gujarati and revising Hull.
Please advise me if I need to do any thing more, i.e on calculus etc...
also what is the future prospect of a fresher MBA finance with an FRM, clearly I'm eyeing for a treasury job after this ie, aftr taking the may 2012 exam.
I'll really appreciate if someone can list the hot topics for FRM and the relevent books .. I dont have access to materials like Schweser yet!
Leonidas :)
HI...
the most important topics would be hedging using futures , Delta and gamma hedging in options, Portfolio Variance, CAPM formula, EWMA and GARCH, Basis Risk, Option Strategies, Black Scholes formula, VAR Formula , calculation of Forward rates, Sortino Ratio, Duration and Convexity , Expected and Unexpected loss, Normal Distribution , Beta and alpha concepts.go through them really well
and m also preparing for nov attmpt...schweser quetion bank is real gud but the notes seem to be incomplete...study from hull...u can even download redings from here:http://www.mediafire.com/mona
All the best!1
print quality of frm materail of which shop is better
laxmi xerox
om copy
or mahakali xerox
print quality of frm materail of which shop is better
laxmi xerox
om copy
or mahakali xerox
hi...i bought the material from laxmi...the print quality is gud !! others i have no idea
print quality of frm materail of which shop is better
laxmi xerox
om copy
or mahakali xerox
hello...i bought the materials from mahakali xerox and i feel that the material print is acceptable...