Hey there @frm_risk,
Thank you very much for your response. I will definitely try to broaden my network.
I think you're right in the sense that I need to get my foot in the door somewhere. I'll try harassing the big banks here in Canada some more.
Thank you.
Hello forum,
I'll be blunt, i'm coming here for advice as i'm not really sure what do to anymore.
A little bit of story and background first.
I'm 25 and I graduated back in April of 2013. My bachelor was in business administration but I prefer to say finance as that was my major. I'm not...
Go there and see if you don't want to wait for the e-mail.
http://www.garp.org/frm/exam-results/exam-results.aspx
Mine is a pass for part 2. (1,1,2,3,3)
Thank you Bionic Turtle!
Hello everyone,
I need some help on understanding why perfect correlation makes a part of the equation for portfolio VaR disappear. I've tried the calculations and the answers come out the same but I don't understand why.
How do we get from: VaRp = sqrt(VaR1^2+VaR2^2+2VaR1VaR2)
to
VaRp =...
I also have a hard time understanding page 6 of the tuckman reading for market risk. Where are the value for the replicating portfolio coming from?
If anyone could explain that would be great!
Edit: After searching a little i found this...
Hello there KS29,
From my experience (passed cfa and frm level 1) I can say that the amount of overlap between CFA and FRM (at least for the first exam) is minimal. I'd say the only overlap comes from asset classes (fixed income, derivatives, etc) in which FRM goes much deeper than CFA. CFA on...
First of all, thank you David for your quick answer :P
Second, Nicole, it's funny that you mention Calculus for dummies because right after creating my forum post I went ahead and bought exactly that book on Amazon!
I understand that calculus is not mandatory to pass FRM but also that it's...
Hi david,
I've been studying for about a month now and I am currently on the quantitative analysis part of the curriculum.
I came across some calculus while reading your note but never really paid attention to it as it seems to be shown as a bonus rather than being mandatory. There seems to...
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