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Hello All, It is clrearly evident from the candidate posts/comments across forum thread that many of the candidate felt that actual exam has become taugher in 2016 when compared to previous years. Most of the candidate stated that May 16 and Nov16 exams were relatevely taugh both in terms of...

Passed part 1!! Happy to see the result. My take on FRM exam: 1. Forget all the official mock tests, It just a time pass. It is no where close to what you see in actual exam. 2. Either know something fully or not...nothing in between. i.e. only deep understanding from analytical and quantative...

What is the simple to understand explanation/rationale behind the Basle Committee specification for multiple of 3 times the 99% confidence 10-day VaR as minimum regulatory market risk capital for investement banks, etc? I am curious about the explanation both in quantative and qualitative...