FRM Level 1- May 2011

Jobs & Careers
83

Hi,
First of all congratz for clearing FRM in one attempt. I wanted to confirm
1. If someone attempting FRM 1 & 2 in one sitting and clear level 1 but fails in 2. Does it still have to attempt level 1 again or level 1 wll be considered as cleared?
2. How tough it gets to attempt both level in one sitting?
3. Do you think scheweser material is sufficient to clear exam or I need to refer some other material also?

Thanks...

84
Hi,
First of all congratz for clearing FRM in one attempt. I wanted to confirm
1. If someone attempting FRM 1 & 2 in one sitting and clear level 1 but fails in 2. Does it still have to attempt level 1 again or level 1 wll be considered as cleared?
2. How tough it gets to attempt both level in one sitting?
3. Do you think scheweser material is sufficient to clear exam or I need to refer some other material also?

Thanks...


the thing is u can clear l1 only or you clear both. So that means u can't clear l2alone
well in terms of toughness if u hv some knowledge
of stats and econometrix or are comfortable with maths
then l1 should not be a problem
l2 on the other hand is more theoretical so needs more
reading with revision
and yes doing schweser religiously with the questions from past frms would suffice
i hope i have helped
in case u have more queries please feel free to communicate
i would be more than happy to help..
Cheers!!
85

GKRM,

I am planning for FRM Part1 exam. I do not have finace background but have maths background. Please let me know the preparation stategy for this exam.

Thanks,
Subbarao

86

Thanks a lot for your prompt response. I was wondering if you guys have some links to FRM material such as Core FRM because I am planning to back my schweser learning with core material.

Thanks...

the thing is u can clear l1 only or you clear both. So that means u can't clear l2alone
well in terms of toughness if u hv some knowledge
of stats and econometrix or are comfortable with maths
then l1 should not be a problem
l2 on the other hand is more theoretical so needs more
reading with revision
and yes doing schweser religiously with the questions from past frms would suffice
i hope i have helped
in case u have more queries please feel free to communicate
i would be more than happy to help..
Cheers!!
87

No I dont have core material.
But yes i do have the reference readings for L1.
I will try sending them to You in two three days if u need them...
What I will suggest is that core material is too much tome stuff and rather wasting ur time on it you should do schweser twice thrice or even 4 times and trust me u should come out in flying colours.
Cheers!!!

88

I did schweser reading for 7 chapters initially but I didn't got the feel of FRM. But when I did the same thing in core material, It was lot more interesting and I was better able to connect on why I am doing this thing.

Thanks a lot for your advice. I will surely focus more on Schweser material to clear exam and a brief reading of core material to get a feel.


No I dont have core material.
But yes i do have the reference readings for L1.
I will try sending them to You in two three days if u need them...
What I will suggest is that core material is too much tome stuff and rather wasting ur time on it you should do schweser twice thrice or even 4 times and trust me u should come out in flying colours.
Cheers!!!
89
I did schweser reading for 7 chapters initially but I didn't got the feel of FRM. But when I did the same thing in core material, It was lot more interesting and I was better able to connect on why I am doing this thing.

Thanks a lot for your advice. I will surely focus more on Schweser material to clear exam and a brief reading of core material to get a feel.

i guess u have sorted it out correctly for urself and it should work fine.
my only thing against core readings is they eat a lot of time and as the time starts nearing it starts getting over u.
i know schweser would not be clear on first reading it was the same for me.
but i will advise not to go to the bottom of the things so as u sink in them... :)
rather i would suggest just read casually the first time like you read a magazine say or may be a text lesson. and when u do so just make small notes or underline stuff.
do this asap and go back again n may b again. Things open themselves when u keep visiting them and thats hw it works and worked for me.
Cheers!!
90

Hey FinanceCracker,

Could u please send me the FRM L1 material..i've sent u a PM...plz check and respond at the earliest..

Thanks,
Shrey..

91

Hey ,

As of now i am perusing MBA course ..
So i have the same doubt regarding work exp detail.

Someone please reply to this post !!

thanks
Amit

92

Hey ,

As of now i am perusing MBA course ..
So i have the same doubt regarding work exp detail.

Someone please reply to this post !!

thanks
Amit



Puys, I was registering for FRM Part I Nov 2011 today. I am 2011 pass-out and have currently deferred my joining till nov/dec. What do I write in these
fields?

* Employer/Affiliation
(Please enter full company name.)

* Job Title

* Department

* Area of Concentration

* Number of Years Working in Risk Management

-What are the suggested readings for FRM Part-I?

-Do we need the FRM Part-I books(Complete set of 4 individual books)? But then they cost an extra $250.

-Will Schweser notes be enough? Will they be different for Nov Part-I? Where can I get them? How much do they cost?

-Which calculator do I need to get?

-How much time does one require to commit before taking the exam?

-How many sections are there in the exam?? Are there any sectional cut-offs?

-How much credit-limit should my card have to make the payment? Is it possible to pay by debit card?

Please help.
93

Hi I am having FRM in nov 2011,
Urgent help, can anybody please let me know where can I get the notes in Gurgaon/Delhi or if can get by post from Mumbai.

94
Hi I am having FRM in nov 2011,
Urgent help, can anybody please let me know where can I get the notes in Gurgaon/Delhi or if can get by post from Mumbai.


09820665601
in mumbai this person used to deliver notes..
kaplan notes 4 books of rs 500
ask him if he will deliver to dekhi or not
95

hey
can any1 tell me in setail abt the specification of calculator which can be used in frm level 1

96

hey can anyone tell me about the calculator which can be used in frm level 1 exam..
thanks!

97

Hi can anyone help me with Question Bank of Pristine or FinInstructor. I will be appearing for FRM part 1 in November 2011. I have already purchased the Kaplan Shweser notes and the FRM Handbook.

98

Please tell me which type of calculator is required...
approx cost of the calculator..
nd from where i can get iT

99

@pggd

The calculators allowed are :

Texas Instruments BA II Plus, (both versions) including the BA II Plus Professional

Hewlett Packard 10B II, 20B, 12C, including the HP 12C Platinum and the Anniversary Edition


GARP - Calculator Policy


In Mumbai Texas Instruments Calculators are officially sold by Rank Enterprises. Tel no: 022 2430 8104 or 022 2437 0039. You can contact them directly and check if they deliver in Delhi.

I purchased BA II Plus Professional from them directly for Rs 2700/- (with certain discount given by them).

In some shops in Mumbai it is available for Rs 3200/-.

100
hi puys...this great link ws posted by sum1 quite some time ago....as most of us dnt hav the time to go through the complete forums,, im reposting it here.....
now every1 gets an even footage in terms of the study material

it has all the written FRM material that has even been written....epic!!

http://www.mediafire.com/mona#0,1

Hey FinanceCracker thx 4 d link.. m planning to take frm in may 12..planning 2 take coaching coz m working n dunno if i can learn things on my own..do u kno whh class is gud?..in mumbai i hv hrd pristine is gud..a fren mailed across dis link called Prof Iyer's online class.. https://sites.google.com/site/fromiyer/ d video seems gud and luks like bionic's..gud thing is its online..
101

I am a candidate in the FRM Level 1 exam for the Nov 2011 sitting. I started studying since July 2011. I am both a CFA and CAIA charter holder

The purpose of this post is to solicit opinion from current FRM candidates as well as FRM charter holders of their experience and views. While I share my FRM study experience, it is not meant as a complain but rather to check if there are others who share similar views

1) The FRM program has expanded so much in scope, breadth, and depth, that it has become OVERWHELMING in terms of the amount of materials to study as well as to memorize (eg formulas) for the exam

2) The Practice Exams (especially 2011) has become so difficult that it doesn't seem to link sufficiently well with the readings. Even when I compared a difficult exam question with the original core readings, the material in the core reading is not sufficient for me to get a good grip on the subject matter in order to answer the question successfully

3) The exam has become more difficult, with two sittings. if you compute the probability of passing both levels 1 and 2 at the same exam sitting. This is to compare apple with apple, ie. one sitting at Nov 2009 and prior

4) The practice exams are not well written. Often there is no indication whether the interest rate is continuous or discrete. With the emphasis on accuracy, and the way multiple choice questions are written, if you don't obtain the same answer as one of the choices, not because you didn't know how to compute, you might answer it wrongly

ok, enough for now.

views / opinions, please. thanks

102

hey all...i am appearing for L1 in Nov. so can anyone provide link or pdf for final review guide of schweser..
thanks alot..
Anshul