FRM® Part 1 Mastery Series

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Tutorial – How to Use the Interactive Practice Question Platform

Direct Link – Interactive Practice Question Platform

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Instructional Video: Intro to Foundations of Risk

Learning Spreadsheet: Intro to VaR

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Study Notes: The Building Blocks of Risk Management

Practice Question Set: The Building Blocks of Risk Management

Instructional Video: The Building Blocks of Risk Management

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Study Notes: How Do Firms Manage Financial Risk?

Practice Question Set: How Do Firms Manage Financial Risk?

Instructional Video: How Do Firms Manage Financial Risk?

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Study Notes: The Governance of Risk Management

Practice Question Set: The Governance of Risk Management

Instructional Video: The Governance of Risk Management

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Study Notes: Credit Risk Transfer Mechanisms

Practice Question Set: Credit Risk Transfer Mechanisms

Instructional Video: Credit Risk Transfer Mechanisms

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Study Notes: Modern Portfolio Theory (MPT) and the Capital Asset Pricing Model (CAPM)

Practice Question Set: Modern Portfolio Theory (MPT) and the Capital Asset Pricing Model (CAPM)

Instructional Video: Modern Portfolio Theory (MPT) and the Capital Asset Pricing Model (CAPM)

Learning Spreadsheet 1 of 2: Modern Portfolio Theory (MPT) and the Capital Asset Pricing Model (CAPM)

Learning Spreadsheet 2 of 2: Modern Portfolio Theory (MPT) and the Capital Asset Pricing Model (CAPM)

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Study Notes: APT and Multifactor Models of Risk and Return

Practice Question Set: APT and Multifactor Models of Risk and Return

Instructional Video: APT and Multifactor Models of Risk and Return

Learning Spreadsheet: APT and Multifactor Models of Risk and Return

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Study Notes: Principles for Effective Data Aggregation and Risk Reporting

Practice Question Set: Risk Data Aggregation and Reporting Principles

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Study Notes: Enterprise Risk Management (ERM) and Future Trends

Practice Question Set: ERM and Future Trends

Instructional Video: Enterprise Risk Management and Future Trends

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Study Notes: Learning from Financial Disasters

Practice Question Set: Learning from Financial Disasters

Instructional Video: Learning from Financial Disasters

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Study Notes: Anatomy of the Great Financial Crisis

Practice Question Set: Anatomy of the Great Financial Crisis

Instructional Video: Anatomy of the Great Financial Crisis

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Study Notes: GARP Code of Conduct

Practice Question Set: GARP Code of Conduct

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Foundations of Risk Focus Review Video 1 of 2

Foundations of Risk Focus Review Video 2 of 2

Learning Spreadsheets: P1.T1.XLS Bundle

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Study Notes: Fundamentals of Probability

Practice Question Set: Fundamentals of Probability

Instructional Video: Fundamentals of Probability

Learning Spreadsheet: Fundamentals of Probability

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Study Notes: Random Variables

Practice Question Set: Random Variables

Instructional Video: Random Variables

Learning Spreadsheet: Random Variables

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Study Notes: Common Univariate Random Variables

Practice Question Set: Common Univariate Random Variables

Instructional Video: Common Univariate Random Variables

Learning Spreadsheet: Common Univariate Random Variables

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Study Notes: Multivariate Random Variables

Practice Question Set: Multivariate Random Variables

Instructional Video: Multivariate Random Variables

Learning Spreadsheet: Multivariate Random Variables

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Study Notes: Sample Moments

Practice Question Set: Sample Moments

Instructional Video: Sample Moments

Learning Spreadsheet: Sample Moments

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Study Notes: Hypothesis Testing

Practice Question Set: Hypothesis Testing

Instructional Video: Hypothesis Testing

Learning Spreadsheet: Hypothesis Testing

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Study Notes: Linear Regression

Practice Question Set: Linear Regression

Instructional Video: Linear Regression

Learning Spreadsheet: Linear Regression

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Study Notes: Regression with Multiple Explanatory Variables

Practice Question Set: Regression with Multiple Explanatory Variables

Instructional Video 1 of 2: Regression with Multiple Explanatory Variables

Instructional Video 2 of 2: Regression with Multiple Explanatory Variables

Learning Spreadsheet: Regression with Multiple Explanatory Variables

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Study Notes: Regression Diagnostics

Practice Question Set: Regression Diagnostics

Instructional Video: Regression Diagnostics

Learning Spreadsheet: Regression Diagnostics

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Study Notes: Stationary Time Series

Practice Question Set: Stationary Time Series

Instructional Video: Stationary Time Series

Learning Spreadsheet: Stationary Time Series

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Study Notes: Nonstationary Time Series

Practice Question Set: Nonstationary Time Series

Instructional Video: Nonstationary Time Series

Learning Spreadsheet: Nonstationary Time Series

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Study Notes: Measuring Return, Volatility, and Correlation

Practice Question Set: Measuring Return, Volatility, and Correlation

Instructional Video: Chapter 12: Measuring Return, Volatility, and Correlation

Learning Spreadsheet: Measuring Return, Volatility, and Correlation

ARCHIVED: Instructional Video 1 of 2: Measuring Return, Volatility, and Correlation

ARCHIVED: Instructional Video 2 of 2: Measuring Return, Volatility, and Correlation

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Study Notes: Simulation and Bootstrapping

Practice Question Set: Simulation and Bootstrapping

Instructional Video: Simulation and Bootstrapping

Learning Spreadsheet: Simulation and Bootstrapping

Archived Instructional Video: Simulation and Bootstrapping

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Study Notes: Machine-Learning Methods

Practice Questions: Machine-Learning Methods

Instructional Video: Machine-Learning Methods

Learning Spreadsheet: Machine-Learning Methods

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Study Notes: Machine Learning and Prediction

Practice Questions: Machine Learning and Prediction

Instructional Video: Machine-Learning and Prediction

Learning Spreadsheet: Machine-Learning and Prediction

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Quantitative Focus Review Video (1 of 3)

Quantitative Focus Review Video (2 of 3)

Quantitative Focus Review Video (3 of 3)

Learning Spreadsheets: P1.T2.a XLS Bundle

Learning Spreadsheets: P1.T2.b XLS Bundle

Learning Spreadsheets: P1.T2.c XLS Bundle

Learning Spreadsheets: P1.T2.d XLS Bundle

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Study Notes: Banks

Practice Question Set: Banks

Instructional Video: Banks

Learning Spreadsheet: Banks

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Study Notes: Insurance Companies and Pension Plans

Practice Question Set: Insurance Companies and Pension Plans

Instructional Video: Insurance Companies and Pension Plans

Learning Spreadsheet: Insurance Companies and Pension Plans

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Study Notes: Fund Management

Practice Question Set: Fund Management

Instructional Video: Fund Management

Learning Spreadsheet: Fund Management

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Study Notes: Introduction to Derivatives

Practice Question Set: Introduction to Derivatives

Instructional Video: Introduction to Derivatives

Learning Spreadsheet: Introduction to Derivatives

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Study Notes: Exchanges and OTC Markets

Practice Question Set: Exchanges and OTC Markets

Instructional Video: Chapter 5: Exchanges and OTC Markets & Chapter 6: Central Clearing

Learning Spreadsheet: Exchanges and OTC Markets

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Study Notes: Central Clearing

Practice Question Set: Central Clearing

Learning Spreadsheet: Central Clearing

Instructional Video: See Chapter 5 Exchanged and OTC Markets (combined video)

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Study Notes: Futures Markets

Practice Question Set: Futures Markets

Instructional Video: Futures Markets

Learning Spreadsheet: Futures Markets

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Study Notes: Using Futures for Hedging

Practice Question Set: Using Futures for Hedging

Instructional Video: Using Futures for Hedging

Learning Spreadsheet: Using Futures for Hedging

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Study Notes: Foreign Exchange Markets

Practice Question Set: Foreign Exchange Markets

Instructional Video: Foreign Exchange Markets

Learning Spreadsheet: Foreign Exchange Markets

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Study Notes: Pricing Financial Forwards and Futures

Practice Question Set: Pricing Financial Forwards and Futures

Instructional Video: Pricing Financial Forwards and Futures

Learning Spreadsheet: Pricing Financial Forwards and Futures

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Study Notes: Commodity Forwards and Futures

Practice Question Set: Commodity Forwards and Futures

Instructional Video: Commodity Forwards and Futures

Learning Spreadsheet: Commodity Forwards and Futures

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Study Notes: Options Markets

Practice Question Set: Options Markets

Instructional Video: Options Markets

Learning Spreadsheet: Options Markets

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Study Notes: Properties of Options

Practice Question Set: Properties of Options

Instructional Video: Properties of Options

Learning Spreadsheet: Properties of Options

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Study Notes: Trading Strategies

Practice Question Set: Trading Strategies

Instructional Video: Trading Strategies

Learning Spreadsheet: Trading Strategies

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Study Notes: Exotic Options

Practice Question Set: Exotic Options

Instructional Video: Exotic Options

Practice Questions Learning Spreadsheet: Exotic Options

Study Notes Learning Spreadsheet: Exotic Options

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Study Notes: Properties of Interest Rates

Practice Question Set: Properties of Interest Rates

Instructional Video: Properties of Interest Rates

Learning Spreadsheet: Properties of Interest Rates

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Study Notes: Corporate Bonds

Practice Question Set: Corporate Bonds

Instructional Video: Corporate Bonds

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Study Notes: Mortgages and Mortgage-Backed Securities

Practice Question Set: Mortgages and Mortgage-Backed Securities

Instructional Video: Mortgages and Mortgage-Backed Securities

Learning Spreadsheet: Mortgages and Mortgage-Backed Securities

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Study Notes: Interest Rate Futures

Practice Question Set: Interest Rate Futures

Instructional Video: Interest Rate Futures

Learning Spreadsheet: Interest Rate Futures

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Study Notes: Swaps

Practice Question Set: Swaps

Instructional Video: Swaps

Learning Spreadsheet: Swaps

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Financial Markets & Products Focus Review Video (1 of 3)

Financial Markets & Products Focus Review Video (2 of 3)

Financial Markets & Products Focus Review Video (3 of 3)

Learning Spreadsheets: P1.T3.a XLS Bundle

Learning Spreadsheets: P1.T3.b XLS Bundle

Learning Spreadsheets: P1.T3.c XLS Bundle

Learning Spreadsheets: P1.T3.d XLS Bundle

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Study Notes: Measures of Financial Risk

Practice Question Set: Measures of Financial Risk

Instructional Video: Measures of Financial Risk

Learning Spreadsheet: Measures of Financial Risk

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Study Notes: Calculating and Applying VaR

Practice Question Set: Calculating and Applying VaR

Instructional Video: Calculating and Applying VaR

Learning Spreadsheet: Calculating and Applying VaR

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Study Notes: Measuring and Monitoring Volatility

Practice Question Set: Measuring and Monitoring Volatility

Instructional Video: Measuring and Monitoring Volatility

Learning Spreadsheet: Measuring and Monitoring Volatility

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Study Notes: External and Internal Ratings

Practice Question Set: External and Internal Ratings

Instructional Video: External and Internal Ratings

Learning Spreadsheet: External and Internal Ratings

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Study Notes: Country Risk: Country Risk: Determinants, Measures, and Implications

Practice Question Set: Country Risk: Country Risk: Determinants, Measures, and Implications

Instructional Video: Country Risk: Country Risk: Determinants, Measures, and Implications

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Study Notes: Measuring Credit Risk

Practice Question Set: Measuring Credit Risk

Learning Spreadsheet: Measuring Credit Risk

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Study Notes: Operational Risk

Practice Questions: Operational Risk

Learning Spreadsheet: Operational Risk

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Study Notes: Stress Testing

Practice Question Set: Stress Testing

Instructional Video: Stress Testing

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Study Notes: Pricing Conventions, Discounting, and Arbitrage

Practice Question Set: Pricing Conventions, Discounting, and Arbitrage

Instructional Video: Pricing Conventions, Discounting, and Arbitrage

Learning Spreadsheet: Pricing Conventions, Discounting, and Arbitrage

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Study Notes: Interest Rates

Practice Question Set: Interest Rates

Instructional Video: Interest Rates

Learning Spreadsheet: Interest Rates

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Study Notes: Bond Yields and Return Calculations

Practice Question Set: Bond Yields and Return Calculations

Instructional Video: Bond Yields and Return Calculations

Learning Spreadsheet: Bond Yields and Return Calculations

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Study Notes: Applying Duration, Convexity, and DV01

Practice Question Set: Applying Duration, Convexity, and DV01

Instructional Video: Applying Duration, Convexity, and DV01

Learning Spreadsheet: Applying Duration, Convexity, and DV01

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Study Notes: Modeling and Hedging Non-Parallel Term Structure Shifts

Practice Question Set: Modeling and Hedging Non-Parallel Term Structure Shifts

Instructional Video: Modeling and Hedging Non-Parallel Term Structure Shifts

Learning Spreadsheet: Modeling and Hedging Non-Parallel Term Structure Shifts

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Study Notes: Binomial Trees

Practice Question Set: Binomial Trees

Instructional Video: Binomial Trees

Learning Spreadsheet: Binomial Trees

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Study Notes: The Black-Scholes-Merton Model

Practice Question Set: The Black-Scholes-Merton Model

Instructional Video: The Black-Scholes-Merton Model

Learning Spreadsheet: The Black-Scholes-Merton Model

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Study Notes: Option Sensitivity Measures: The “Greeks”

Practice Question Set: Option Sensitivity Measures: The “Greeks”

Instructional Video: Option Sensitivity Measures: The “Greeks”

Learning Spreadsheet: Option Sensitivity Measures: The “Greeks”

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Valuation and Risk Models Focus Review Video (1 of 3)

Valuation and Risk Models Focus Review Video (2 of 3)

Valuation and Risk Models Focus Review Video (3 of 3)

Learning Spreadsheets: P1.T4.a XLS Bundle

Learning Spreadsheets: P1.T4.b XLS Bundle

Learning Spreadsheets: P1.T4.c XLS Bundle

Learning Spreadsheets: P1.T4.e XLS Bundle

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Foundations of Risk Pre-Session Video (Available March 27th)

Foundations of Risk Live Session Agenda & Access

Foundations of Risk Live Session Replay & Slides (available April 2nd)

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Quantitative Analysis Pre-Session Video

Quantitative Analysis Live Session Agenda & Access

Quantitative Analysis Live Session Replay & Slides (available April 9th)

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Financial Markets & Products Pre-Session Video (available April 10th)

Financial Markets & Products Live Session Agenda & Access

Financial Markets & Products Live Session Replay & Slides (available April 16th)

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Valuation & Risk Models Pre-Session Video (available April 17th)

Valuation & Risk Models Live Session Agenda & Access

Valuation & Risk Models Live Session Replay & Slides (available April 23rd)

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Part 1 Final Review Pre-Session Video (available April 24th)

Part 1 Final Review Live Session Agenda & Access

Part 1 Final Review Live Session Replay & Slides (available April 30th)

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Foundations of Risk Live Session Replay & Slides – May 2025 Exam

Foundations of Risk Live Session Replay & Slides – August 2025 Exam

Foundations of Risk Live Session Replay & Slides – November 2025 Exam

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Quantitative Analysis Live Session Replay & Slides – May 2025 Exam

Quantitative Analysis Live Session Replay & Slides – August 2025 Exam

Quantitative Analysis Live Session Replay & Slides – November 2025

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Financial Markets & Products Live Session Replay & Slides – May 2025 Exam

Financial Markets & Products Live Session Replay & Slides – August 2025 Exam

Financial Markets & Products Live Session Replay & Slides – November 2025 Exam

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Valuation & Risk Models Live Session Replay & Slides – May 2025 Exam

Valuation & Risk Models Live Session Replay & Slides – August 2025 Exam

Valuation & Risk Models Live Session Replay & Slides – November 2025 Exam

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Part 1 Final Review Live Session Replay & Slides – May 2025 Exam

Final Live Review Live Session Replay & Slides – August 2025 Exam

Part 1 Final Review Live Session Replay & Slides – November 2025 Exam

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Part 1 Mock Exam 1 (now available)

Part 1 Mock Exam 2 (releases in February)

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Part 1 Formula Sheets (Coming Soon)

FRM® Part 1 Mastery Series

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