Search results

MAY passing rate has been less compared to November exams. I think number of ppl writing FRM in May are less compared to November. My test center there were just 30-40 people who appeared for the exam. This I assume is because ppl prefer giving CFA exams during June.

Good you started applying risk management in real life...... :)

12000 pounds. Wow. This is very expensive.

Hi, I am planning to learn financial modelling. So just wanted to know about the best course to learn. Are there any online material providers for financial modelling like the Schweser and BT videos for FRM/CFA.

No sectional cut off. Overall score is considered.

If am not wrong the options were SMM of 0.075% and 0.045%?

What would be the cut-off for part 2? Is it possible that the cut off score might be below 50?

Yup. I think u r right.

Are u referring to the question about ES - 10 vars were provided for 90 to 99%? Shouldn't the answer be average of the last 5 vars? i,e average of vars for 95, 96,97,98,99% vars?

There was a question on Lvar that tested for higher or lower under constant or exogenous approach. For prepayment, 115 PSA appears to be correct. For PSA, prepayment increase by 0.2 % each month till it reaches 6%. After that is remains constant at 6 %. Since the question was for 115PSA...

I found the paper difficult. More quantitative questions and most of them were lengthy. It occupied the entire 4 hours. Additional questions I could recall - Question on SMM and PSA pre payment for mortgage. Preferred rate for derivatives.