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  1. Numerical Wizard

    Exam Feedback May 2016 Part 2 Exam Feedback

    Work Experience Submitted: June 28th 2016 1:46 pm CET Received Designation: July 15th 2016 4:22 pm CET :)
  2. Numerical Wizard

    Exam Feedback May 2016 Part 2 Exam Feedback

    I passed Part II after passing Part I in Nov 15. :-) Market Risk: 1 Credit Risk: 2 Operational Risk: 1 Investment Risk: 1 Current Issues: 1 Congratulations to everyone else who passed! :-)
  3. Numerical Wizard

    Exam Feedback May 2016 Part 2 Exam Feedback

    @dwheats GARP has twittered the pass rates of the May Exams yesterday: May 2016 #GARPFRM Exam pass rates -- Part I: 44.5% | Part II: 50.1% May 2016 #GARPERP Exam pass rates -- Part I: 57.0% | Part II: 57.4% Link: https://twitter.com/garp_risk
  4. Numerical Wizard

    Exam Feedback November 2015 Part 1 FRM Exam Feedback

    @mishrasa1987 We have already created a WhatsApp group called "FRM II Exam May 2016" for continuous exchange between candidates for the May 2016 Part II exam. Feel free to join us. :-) I have chosen the Bionic Turtle Advanced Study Plan for Part II and will be studying with Bionic Turtle...
  5. Numerical Wizard

    Exam Feedback November 2015 Part 1 FRM Exam Feedback

    I have also passed. :-) I got 2 - 1 - 1 - 1. Congratulations to everybody else who has passed! I am now very much looking forward to Part II in May 2016. :-)
  6. Numerical Wizard

    Exam Feedback November 2015 Part 1 FRM Exam Feedback

    @S666 The exact hour of the announcement has not been specified by GARP as of now. But they have definitely confirmed on their Twitter account about one hour ago that the results will be released tomorrow. Good luck! :-)
  7. Numerical Wizard

    Exam Feedback November 2015 Part 1 FRM Exam Feedback

    @spinonthings Regarding the question on requirements which have to be fulfilled for a series to be covariance stationary besides a stable mean and a stable covariance structure, it is also required that the autocovariance at displacement 0 is finite.
  8. Numerical Wizard

    Exam Feedback November 2015 Part 1 FRM Exam Feedback

    @heretolearn You can expect the official results on January 5th 2016! I have received an official email from GARP in which they have said official results will be out on that day. Good luck to you!
  9. Numerical Wizard

    Exam Feedback November 2015 Part 1 FRM Exam Feedback

    @mishrasa I think that you do have a chance of passing with 50 - 60%! There are a couple of people who only studied one week for the Part I Exam and then they passed, even with a quite good quartile ranking. In any case, I wish you the best of luck and will keep my fingers crossed for all of...
  10. Numerical Wizard

    Exam Feedback November 2015 Part 1 FRM Exam Feedback

    @aof @Moey I agree with aof regarding the question on the Sharpe and Information Ratio. According to my calculations, the portfolio with the highest sharpe ratio did not fulfill the criterion regarding the information ratio threshold. The portfolio with the second highest sharpe ratio did...
  11. Numerical Wizard

    Exam Feedback November 2015 Part 1 FRM Exam Feedback

    @mishrasa The population includes all the candidates who have taken the respective exam on that particular day. So if you have taken the FRM Part I Exam, all the candidates who have taken the FRM Part I exam on the same day will be in the population. Then GARP will assign a quartile ranking...
  12. Numerical Wizard

    FRM Part I Exam on November 21st 2015

    I have opened this thread to share impressions and feedback on today's FRM part I exam.
  13. Numerical Wizard

    Errors Found in Study Materials P1.T4. Valuation & Risk Models (OLD thread)

    Hi @Nicole Manley I think there is an error on page 3 of the Study Notes for Chapter 18 in Valuation & Risk Models - Operational Risk: The Study Notes say the following on page 3: " 2. Standardized Approach … Capital calculation for a year by business line = (year 1 gross revenue from...
  14. Numerical Wizard

    Is WACC included in FRM P1 syllabus

    WACC is not included in the FRM syllabus.
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