Anyone going to do FRM-I in Nov?

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calvol

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It looks interesting, and maybe a good follow-on to the L2 exam? Looks more straightforward number crunching too.
 
I sat for FRM (p1+p2) 2 weeks prior to CFA L2. Looking back, it was not the best idea, to put it mildly…I thought, why not, there are common topics. Ughhh.. Anyway, true, there is some overlap in the areas such as quants, fixed income and derivatives in P1, however FRM goes deeper with a narrower focus. Overlap with P2 is minimal. It depends on your background how easily you can digest the study material, FRM is highly computational. Maybe you can have a look at the Bionc Turtle forum to get a grasp about what to expect. I would not underestimate the efforts it requires to pass the exams, but it’s absolutely doable if you plan to sign up for the November exam.You can even sit for both parts, however I would not advise it, 2 x 4 hr long sittings on the same day glued to your calculator is just pure hell I can tell. On the other hand as a CFA candidate you are kinda used to the feeling, aren’t you?;)
 
nice topic! was looking at that too. what about other options like CAIA (which even uses CFA Code and Standards)? Seems like easier stuff? Is there any crazy person who does Actuarial Studies and CFA? What about CPA?
 
It’s a good complement to CFA. Lots of dual-holders.
And it is far more computational than CFA.
 
Hello , I have registered for Nov part 1. Picked up study material from BT
 
For me it is CFA L2>FRM P1>CFA L1>FRM P2> CAIA L2>CAIA L1. No idea bout CPA.
Hard to get back to good old routines? ;)
 
Alladin wrote:
so which is the hardest : CPA,CFA,CAIA,FRM?
Click to expand...
Literally comparing apples to oranges. From what I’ve heard from other peoples’ experiences I’ll take a shot and say CFA>CPA>FRM>CAIA.
 
From what I’ve heard, CFA is the hardest nut to crack, and have seen many CFA charterholders also with a FRM degree, so guess, FRM compliments CFA
 
ive heard Prof Degree in Actuarial Studies is more difficult than CFA, would be interesting to know if anyone gave it a try
 
@krisztina - GARP’s site recommends x number of hours to pass the exam, would you say that it’s an accurate estimate? How many hours did you put in? Was considering taking frm p1 in november, just to take a break from all the qualitative material on the cfa curriculum.
Btw, I was taking actuarial exams before this. Only finished the prelim/lower level exams though. I’d say that some of the actuarial exams are more difficult than cfa L1/L2. Not too many topics but very deep and calculation intensive. Typical prelim is about 3 hrs long w/ only 30 q’s and some peeps use 2 diff calcs at the same time.
 
Hi,
I plan to sit, however will start studying post L2 results only.
 
@ palisoc_xb I would say if your memory serves you well, in that you remember cfa L1+L2 materials and you like quant stuff, you won’t struggle on P1. P1 Quant is practically L1+L2+VAR ( latter one is useful for L3 too), Foundations is primarily about basics of risk mng, CAPM, APT, also pretty much touched by CFA, FM&P is about derivatives mainly, even if it’s much more detailed. Valuation and risk models is similar to fixed income (L1 & L2) + BSM, Greeks, VAR, ratings, loss calculations… I have never logged the hours to be honest, as I said, it always depends on your background how many you actually need. Have a look at this page http://www.garp.org/frm/study-center/study-materials.aspx. The volume of material in terms of Schweser pages is in the ballpark of 900-920. I hope it helps!
 
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