Few more days to go for Early Registration.
Do not leave your decision till 31st.
Guys, I am BTech and in IT for10 years.I did one project in equities domain 5 years back in a IT services vendor and now away from banking domain. I have basics of equities and little derivatives.
I am planning to take FRM part 1 this Nov. Do you think If I can spend 200 hours study Can I clear the exam within 3 months. I want to register as have only few days to register.
Please suggest ...
@mak_ab said:Hi,
I am appearing for FRM part 1 Nov 2012 exam. I bought the GARP notes & have BT videos. I wanted to know where can i get the practice exams or schewser materials. Is it worth to courier the materials from OM books or laxmi stores from India. If yes, can anyone please share the details(address, cost, no. of days) for getting these couriered.
hey if you order from OM Books, then with in a week you ll get it
hey can anybody guide me with the material I should use for Level 2. And also any strategy that I should adopt while preparing.
Thanks.
@amaz0n said:Guys, I am BTech and in IT for10 years.I did one project in equities domain 5 years back in a IT services vendor and now away from banking domain. I have basics of equities and little derivatives.I am planning to take FRM part 1 this Nov. Do you think If I can spend 200 hours study Can I clear the exam within 3 months. I want to register as have only few days to register.Please suggest ...
go through the frm syllabus, if you don't have then try to find at http://www.garp.org/ and decide yourself how much time it would take.
@87ln said: 1. FYI...puys are supposed to write general queries on thread and private suggestions on PM. Wat I wrote to u was meant only for u so PM is the place for it. However if u want to be criticized on thread then .... 2. I never told u to bite the hand that feeds u. I just asked to post the questions (if u remember) after modifications. I can very well understand that u may not be able to do that due to paucity of time. But there isnt any need to explain the importance of ethics...I also know that.3. " Perhaps time will make you experience why I wrote that " .... pls do not presume that wat will time teach me .And...1 thing to u now...wen u write/say something...just dont xpect that everyone agrees to everything u say...there will be times wen ppl will disagree...jusst dont make a fuss abt it..take it in positive way. There was no need really to public my PM on thrd. Going by watever u wrote...I think u mite stop guiding puys if 2-3 puys disagree wid u again. Pls use PM for further disc. if u want and let this thrd be used only for FRM queries. @ Rest of FRM aspirants - Mr. Leolazer had unnecessarily made a private conversation public so I had to reply him on thread. My apologies in case of any inconvenience/irritation caused to u guys.
i don't know what happened like what exactly went public, but agree with you as i observed in his replies
@amaz0n said:Guys, I am BTech and in IT for10 years.I did one project in equities domain 5 years back in a IT services vendor and now away from banking domain. I have basics of equities and little derivatives.I am planning to take FRM part 1 this Nov. Do you think If I can spend 200 hours study Can I clear the exam within 3 months. I want to register as have only few days to register.Please suggest ...
Seems a long shot - why do you want to go for FRM, being a IT person? Just curious!
Nonetheless, if it suits you and you are very inclined, have a look at the study guide from GARP (freely available). Check to see what areas you are comfortable with - probably quant? What about other areas - derivatives, basics for finance and risk, VaR etc
@irrationaldream said: hey can anybody guide me with the material I should use for Level 2. And also any strategy that I should adopt while preparing.Thanks.
- See if you can get your hands on BT videos. Schweser is not so good for P2.
- Go as per the AIMs - the material provided is too vast - you tend to get lost. Not everything is testable.
- Practice a lot
hi all ,i cleared my frm part 1 this may ,will be sitting for next in november .is any 1 interested in taking coaching for frm part2 in delhi ????plz respond asap,pristine is nt providing this tym ,finstructor needs more students to start the coaching ....
@[507407:shalu26]
Maybe you can try to check with IIQF also ?
@leolazer said:Seems a long shot - why do you want to go for FRM, being a IT person? Just curious!Nonetheless, if it suits you and you are very inclined, have a look at the study guide from GARP (freely available). Check to see what areas you are comfortable with - probably quant? What about other areas - derivatives, basics for finance and risk, VaR etc
Thanks for your reply. I want to move from IT into Tech BA role.I can't keep up with either growing Tech stack or be a 24/7 IT People (Political) manager with little pay, so is the inclination to specialization in some functional area. I am short of time, money &brain; needed for CFA/QFA, so thinking of FRM.
@amaz0n said:Thanks for your reply. I want to move from IT into Tech BA role.I can't keep up with either growing Tech stack or be a 24/7 IT People (Political) manager with little pay, so is the inclination to specialization in some functional area. I am short of time, money &brain; needed for CFA/QFA, so thinking of FRM.
And... are you of the opinion that FRM requires the least mind knowledge and will provide max mileage in the financial sector? :)
Also, what do you plan to do for the 2 yr relevant work ex?
Not trying to dissuade you from FRM, just checking if it really does match to your expectations.
Guys, currently a first year PGDM student in IIM C. Will be writing CFA L1 in Dec 12, and if I clear it, L2 in June 13.
I am planning to write FRM too. Now I understand that CFA is a much broader thing and I should decide which way to go based on interest. But, as of now, I seem to be interested in the "broader" finance, and not its branches. Will it be of any benefit to write FRM too ? I like maths and I understand FRM is little more quant intensive. Also, considering the effort needed, and if I should go for FRM, should I go for Nov this year or May next year ?
In short what next, after CFA L1, options being L2 or FRM, or both (I would love to do both unless there is absolutely no use).
Note : Have 2 years of Software Development background.
hi, Can someone direct me a place where I can get FRM 2011/2012 Bionic Turtle notes/videos. Many thanks.
@amaz0n said:
hi, Can someone direct me a place where I can get FRM 2011/2012 Bionic Turtle notes/videos. Many thanks.
I meant copied material.
@[390371:leolazer], I too don't think FRM is easy. It needs good commitment, time & practice. abt 2 years exp.. let me see how FRM goes first ; )
@amaz0n said:@leolazer, I too don't think FRM is easy. It needs good commitment, time & practice. abt 2 years exp.. let me see how FRM goes first ; )
Best!
Prepare good and dedicate yourself and you will definitely succeed.
@sanemate said:Guys, currently a first year PGDM student in IIM C. Will be writing CFA L1 in Dec 12, and if I clear it, L2 in June 13.
I am planning to write FRM too. Now I understand that CFA is a much broader thing and I should decide which way to go based on interest. But, as of now, I seem to be interested in the "broader" finance, and not its branches. Will it be of any benefit to write FRM too ? I like maths and I understand FRM is little more quant intensive. Also, considering the effort needed, and if I should go for FRM, should I go for Nov this year or May next year ?In short what next, after CFA L1, options being L2 or FRM, or both (I would love to do both unless there is absolutely no use).Note : Have 2 years of Software Development background.
@[390371:leolazer] Kindly reply to my query too.
hi puys any one giving thought of doing PRM over FRM have done some research found these
1) PRM has four papers
a) Finance
b) Quant
c) Risk - fin, ops, credit
d) Case studies and ethics
so its easier to target one topic at a time (this no way downgrades the level of difficulty vs FRM, personally i feel this is a better way)
2) PRM is cheaper
3) PRM is non profit (its evolved FRM itself when some people found FRM is doing it for profit)
4) PRM has tie up with many prestigious universities
5) Although it is lesser known than FRM but recruiters who know about FRM will know about PRM as well
6) FRM is good for people who are out there in risk industry, where as PRM is for those who want to step in.
7) Endorsed by top profs like John C Hull etc.
what say puys?
@sanemate said:Guys, currently a first year PGDM student in IIM C. Will be writing CFA L1 in Dec 12, and if I clear it, L2 in June 13.
I am planning to write FRM too. Now I understand that CFA is a much broader thing and I should decide which way to go based on interest. But, as of now, I seem to be interested in the "broader" finance, and not its branches. Will it be of any benefit to write FRM too ? I like maths and I understand FRM is little more quant intensive. Also, considering the effort needed, and if I should go for FRM, should I go for Nov this year or May next year ?In short what next, after CFA L1, options being L2 or FRM, or both (I would love to do both unless there is absolutely no use).Note : Have 2 years of Software Development background.
- What is your background? - give a little bit more detail - Comm / Engg etc
- What are your career aspirations - will you be choosing finance as your specialization, if yes, which which area of finance do you aim to get a job in ?
- Have you started with CFA L1 studies - how are you finding them?
- Write a bit more broadly about your interests and abilities in finance.
Nevertheless, my initial impression
- You will have 1.5 years before your placements - so do not hurry things - also do not neglect your grades and projects - you will regret it for life.
- IIM C has a very good Finance club and groups - get into them and concentrate on getting some industry projects with the help of your faculty.
- Even if you are CFA L1 by your placement time, it is ok - you will not be losing anything.
- But if you are CFA L2, FRM but with poor skill set, grades and project portfolio - no IB will touch you.
- L2 is a monster compared to L1 - so have no misconceptions !
Rest later...