PRM Exam III and IV

zigy

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bhaiyyu:

Exam IV is case studies and ethics/standards, so study material is pretty easy to understand. Diagnostic Exam questions were even easier. Actual exam asked more specific questions than Diagnostic Exams. You can answer most of the questions if you remember what you read, but you need to recognize what kind of risk the cases are talking about (operational, credit, market, regulation etc.).

I started reading material right after CFA exam, so it had been a little more than 3 months. Like I said, my study time is limited to commute and some lunch time. I read most of material twice and did Diagnostic Exams many times. Diagnostic Exam kept generating the same questions (thus it took like 8minutes to finish one exam) and Kesdee told me there were 106 questions on database, but I think they added some questions since then.

Hope this helps.
 
Scored 91% and passed Exam IV. I suppose I over-studied for this one.

Now to Exam III.
 
zigy Wrote:
-------------------------------------------------------
> Scored 91% and passed Exam IV. I suppose I
> over-studied for this one.
>
> Now to Exam III.



Hey congrats dude!!!

How's exam III Prep going ?
 
bhaiyyu Wrote:
-------------------------------------------------------
> zigy Wrote:
> --------------------------------------------------
> > Scored 91% and passed Exam IV. I suppose I
> > over-studied for this one.
> > Now to Exam III.
> Hey congrats dude!!!

ditto on the congrats

Trust God and keep your powder dry
 
Thanks, guys.

Exam III prep is going, but I have to say this material is not that interesting for me. Some part was good, like digging CFA L III Risk Mgt or Quants a little deeper, though.

Nowadays I only study commutting. At night I am often pinned in front of TV when Rockies game is on.

So I guess I won't take the exam for a while.
 
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