the best sequence to study the AIMs

Mohamed.FRM

New Member
based on your experience, what is the best sequence to study the AIMs part 1?
such as the following sequence:
1- Foundations of Risk Management
2- Valuation and Risk Models
3- Financial Markets and Products
4- Quantitative Analysis
 

Alex_1

Active Member
Hi, I suggest (from my experience learning for part 1) sticking to the order proposed by the Study Planner:

1- Foundations of Risk Management
2- Quantitative Analysis
3- Financial Markets and Products
4- Valuation and Risk Models

(i.e. somewhat different to what you have written). This is because "Foundations..." really teaches you the basics, the "Quantitative.." part is important in order to understand concepts such as VaR and in order to understand how to value a portfolio of options for example ("Valuation and Risk Models") it is helpful to understand the basics of options theory from Hull ("Financial Markets and Products").
On the other hand everybody has a different learning method, so it depends on your previous experience in finance and statistics...
 
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