How I passed the Full FRM Exam

The exam may have been brutal but the bar isn’t set very high for this exam.
PIECE OF CAKE TO PASS THIS.
There, I said it. Unfortunelately, it’s true.
 
Not sure if entirely true, the exam is not getting any easier with time plus it does need a reasonable amount of time preparing for.
clearable with decent preparation? yes. a piece of cake? not so much.
 
Schweser, Schweser and Schweser for me as well. I think I’ve read the Schweser Study Notes three times in 3 months and did the the free GARP practice tests. I scored below average in the Schweser Final Tests (prolly because I finished it very fast) and failed the GARP practice exams but thankfully got 1st quartile in all but 2 subjects in the Actual exam (I’m 2nd quartile in Foundations of RM and forgot the other one). I’m really glad I used Scweser as I don’t have the luxury of time to read the Handbook and Core Readings as I am working full time.
I think my CAIA background helped me as well (used plainly Schweser for both CAIA levels and passed both with flying colors). Will start my CFA soon and will definitely use Schweser again.
I must say the 2009 FRM exam was a difficult exam- very tricky questions plus very overwhelming coverage.
 
Klarsolo Wrote:
——————————————————-
> blueswan Wrote:
> ————————————————–
> —–
> > FRM in my opinion was as brutal as CFA L2.
> Don’t
> > underestimate this sucker.
> >
> > - Blueswan, CFA, CAIA, FRM
>
> I second that. Don’t underestimate the difficulty
> of this exam. It’s easily as much to study as any
> given CFA level, but the questions on the FRM exam
> were trickier on average.
I respectfully but completely disagree, even though the pass rates for both are close (~40%). I found the studying and exam questions on the FRM to be pretty straightforward, with the exception of a scant few questions on the exam. Maybe its because I have a more quant background (math undergraduate degree) and its one of my stronger areas on the CFA.
The CFA exam will omit major parts of its ciricculum because there is so much material to study. The comprehensive-ness of it is what makes it so frustrating and difficult. I’ve failed Level 2 twice now (Band 7 and 10). I passed FRM Level 1 in the highest quartile for 3 of the 4 sections (the other in the second quartile).
I have to agree with mcpass on this one although I wouldn’t say “piece of cake”, but it feels easier than the CFA.
 
Without arguing with anyone else, this is my difficulty level of all these exams … have a quant background (engg) + mba.
Toughest to easiest ranking. Luckily i did not have not to repeat an exam, so this is all based on the 1st try…
—-
CFA - L3
FRM - Full
CFA - L2
CAIA - L2
CFA - L1
CAIA - L1
—-
measuring difficulty level is subjective, in my case i measured it based on number of sleepless nights before results are announced ;-)
 
You must log in or register to reply here.
Back
Top