Hi all, it has been around 3 weeks since the results and I was thinking how the recent Part II pass-outs plan to :
1. retain the knowledge they have gained
2. build on the knowledge gained ( stay current)
3. learn more applications to apply the knowledge they have gained by learning...
On the lighter side ....If GARP ask 2-3 simple questions like:
What is the full form of GARP?
What is the difference of questions asked in Part 1 and Part 2?
It will lighten the candidate's stress or what?
Download the Program Manual, it has the AIMS, for formulas concentrate on Calculate, Compute and Derive AIMS.
link is https://www.garp.org/#!/frm_study_materials/
Thanks ami44 it shows View ID Card Info for me too, I guess I just have to check the information there and leave it. You filled only 3 fields ? Name, ID Type and ID Number?
Has anybody got the mail from GARP with the above subject. I got one and after clicking YES I am taken to http://go.garp.org/l/39542/2015-04-13/d42fp it tells to that you have to enter all the ID Info again, now I have been trying to follow instructions given there but could not find the Add ID...
thanks i found it at http://www.garp.org/#!/frm_readings/?sctp=PPC&scvn=Google&scsrc=Google_Search&sckw=frm&gclid=Cj0KEQjwgI6pBRDak6aRovWNqLsBEiQA8zZSLnjTMObeZtXWKwfnEz3gkqvv3h0XyVQKGchXf8cVvroaAi4u8P8HAQ
Hi @tosuhn could you please guide me to the link from where I can download the Current Issue readings, the new website is giving me some issues.... thanks in advance.
I agree with above. One more very good resource is the FRM Program Manual, especially the Reading Plan on Page 62. This reading plan has logical continuity to it. This is the same reading plan GARP sends across in emails, but it is complete in Program Manual. Hope this helps.
Has anybody any idea about the changes in the FRM part II syllabus for 2015, I ve tried GARP site but its not updated there, also if someone knows when they will be updated.
Thanks...it's clear now. I got confused in converting theory to formulas, really appreciate your timely reply. It would really be beneficial if you could put this in study notes as this is the best explanation of the concept that I found.
The formula where (-mu+alpha*sigma) is when the profit or loss data is in P/L form, it is for the same reason I made the formula list, even I got confused in the beginning. I got confused because of question 69.1 but here...
As per my understanding the basic formulas are the same but it's the form that the data is in that changes the formulas,
basically
L/P data are a simple transformation of P/L data:
L/P = −P/L,
L/P observations assign a positive value to losses and a negative value to losses, and we will
call...
alpha is the weight assigned to the last period return .... in ARCH(m) and GARCH(1,1) .
Also, in EWMA alpha is equal to (1-lambda) where lambda is the volatility decay factor
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