20 pect quant... or even may be less but quant part was not difficult. The rest was difficult, it is easy to say I managed to figured out 2 wrong ones, but i am telling you 90 pct of people telling you that will be wrong, balance rests on managing quant part well. There was one MCQ in liquidity...
thank you sir, i get the idea, it is more of question of understanding what to build first, either roads or ability to develop electricity.
im grateful for time.
Is it necessary to memorize every single line item and detail in the Risk Weighted Assets table for ratios like LCR and NSFR at the FRM Level 2 operational risk exam? or for examples credit spread tables (market Risk - Internal models approach) or for instance Jump to default Credit quality...
how did paper go for you.. i am not entirely sure how i got 4th quartile in FMP and 3rd in quant...these sections did go well although remaining quartiles have no surprises!
results are out i did not pass
images
can anybody else confirm this?!!!!!!
Change your PC time clock to jan 17, 2022 an restart and log in to your account.
not much clarity in choices, it was hard to relate back to what i had studied. Also, there was not any balance in the way areas were covered. In the quant section my paper had just 2 mcqs on hypothesis while ARMA had around 5 mcqs and of those 2 mcqs one was rather difficult to understand. But...
2 easy ones that i can recall now.
mutual funds (3 obvious wrong choices!) right one was payment of commission to broker for getting clients( something along the lines of, cant remember exactly!)
breakeven premium (heart aches i did that wrong)!
stress testing and tolerance limits ( i got that badly wrong!)
scenario analysis (very easy and doable)
on the whole BT material was very good only problem i have is with feedback. See in online education there is no live feedback and that was THE problem for me. I think had i had feedback on...
More easy ones: ( and i got them right!)
implied volatility (liquidity based thus requires historical data)
market risk how not involved in OTC (no matched books in OTC! in other words no novation)
role of collateralization and how to value collateral (certainly not based on average daily...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.