It also had AMA, credit VAR calculation, market var + stressed var, cut off calculation at 95%, one question on MF global, LDA . The questions were not easy to understand & interprete. The given choices were very confusing.
I found it very difficult. Almost 60% questions were unexpected.
Around 7-8 questions were in SCDS which I found difficult. One was on LCR, on leverage ratio and ARACOC. Even MBS and volatility smile questions were very tricky.
GARP practise questions didn't do any justice. I had prepared well...
Hi David,
I was reading last FRM part 2 exam feedback & somebody mentioned that Garp asked about Solvency II. Can you please provide link for the Solvency II material.
Thanks,
Sharda
Hi David,
In R38.P2.T6.Malz_v3.pdf on page 41, you have given "Number of defaults" for 0 correlation(Binomial distribution). I need to know how to calculate that. That means if n=100 & p=1% , then how to calculate "number of defaults" at 95%.
Can you please let me know.
Regards,
Sharda
Hi David, Suzzane,
I am paid member, recently bought advanced FRM material.
Just wanted to know from where I can download the FRM level 1 formula sheet?
The links in the forum(older posts) are not working.
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