I don't know much about sql, regrettably. That being said, I have seen SQL Server Management Studio most often. However, SQL is SQL is it not? So, if you can program in one application, you should be able to do in others, more or less. Additionally, you can utilize SQL syntax in proc SQL in...
I would also like to add the following:
IT IS UP TO US TO PROMOTE THE FRM!!!! @Mkaim is exactly right! Indeed, I think I will start saying, "Oh, That's much better!" whenever someone asks me to compare the FRM to the CFA!
I would prefer to wait for David to respond to see if an anonymous survey could be generated....if not, I would be happy to share my salary range.
Brian
I was thinking that compensation information would be valuable information to know for folks. Obviously, the amounts will differ by location, experience level, degrees earned, etc., but I still think that this information could be very valuable for BT members.
@David Harper CFA FRM - have you...
@Nicole Manley - hope you don't mind me suggesting the following - this entire thread is a bit redundant - it could probably be moved to the other thread,
https://forum.bionicturtle.com/threads/may-2016-part-2-exam-feedback.9610/page-20
I don't believe there is a "formula" per se. If I remember correctly, David provides an example in the corresponding spreadsheet, the results of which are included in the study notes. The approach is described therein.
You can use excel or you can use a financial calculator. This would not be an issue for the exam and I would caution you (@desh) on getting too caught up on something this minor. The test will provide the D1 or the N(d1) values if there is a BSM question that requires it, or, they would...
I began my career in the actuarial field (pension consulting firm Towers Perrin (now Towers Watson). I have passed P and FM and have looked at the MFE material a few times. Honestly, it was very helpful as the FRM exams are no where near the difficulty of actuarial exams. I rank the actuarial...
"f(x) = 3/125*x^2
them turn it to
f(x) = 3/125*1/3*x^3 = x^3/125 = p"
This is not algebra per se. Rather, it is calculus. The integral of x^n is (x^(n+1)) / (n+1) .
Do you have any background in undergraduate mathematics? I think that a minimum level of comfort with math is necessary for...
This is a simply math problem - it requires you to know how to calculate the payment on a fully amortizing loan. You can use the PMT function in excel, even easier, just use the TVM functionality on the BAII Plus calculator.
N = 12*30 = 360 (months)
5% / 12 = period rate
PV = 250000
FV = 0...
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