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I just got the email from GARP and I passed too but I am still waiting for the breakdown of exam results to be posted. Thank you David for putting together such a great review program and for this awesome website. I don't think I would have been as successful on this exam without BT. Your...

I did view all of the early bird sessions and I looked at most of the spreadsheets and I found them helpful for learning the concepts. I chose BT over Scheweser, eventhough I used Schweser for most of my CFA exam preparation because I liked Dave's early bird screencasts so much and I liked the...

I too thought this exam was too long and focused too narrowly as I felt a lot of the great stuff I learned while preparing for this exam through BT wasn't tested or tested appropriately. I've worked in risk management at a bank in the interest rate risk group overseeing hedging and...

I am confused by the answer GARP gave because they said the answer is C.) 444,000 when their explanation results in B.) 344,000. I don't understand how they come up with 444,000? Is this a typo? I understand how they calc 344,000... 100,000 + 1,000,000 x (1/2(.10 - 1.96 x .30)) Not...

I know it is hard to make generalizations about how well we should approximately do on practice exam questions (old exams and BT flash quizes) but I feel that it helps me to have a ballpark range to target for what I should be getting or would need to pass as it helps my confidence during these...

Thanks David for your quick response and for clearing things up! I love your website and screencasts!

I am a little confused about what contributes to procyclicality (seems like its everything)... Based on my studies this far, I thought I read that Rating Agencies (which use a though-the-cycle approach) contributes to procyclicality (e.g. they are too late to issuing downgrades when the...

I just want to check that my thinking here is correct... The buyer of the CLN pays cash (thus funding the credit transfer for the issuer of CLN) and receives higher yield for taking credit risk but doesn't the CLN buyer also have counterparty risk that the CLN issuer can't pay the coupons or...

I work in risk management at a mortgage bank and have been interviewing around for other risk management jobs at other banks and investment firms. I have a CFA charter and am working on my FRM but I do not have a graduate degree or a super strong quantitative background in mathematics or...