frm

How useful is the FRM exam, and for what fields? Would it be useful for credit risk? How much studying do you need to pass it?

31 Jul 2018

Ok all, I am 34 Finance BS, will finish MBA at Ross in fall 2012, working on CFA and FRM. Looking for a job in finance that is 40ish hours a week. Love spending time with the fam (got 3) and only looking to break 6 figures. I know you all are young and overflowing with man juice (I was a Marine for 15 years, I know how it is), but someone out there has to have some idea of a decent finance gig where strip joints and buckets of powder aren't the norm. Anyone?

22 Jun 2011

Chanced upon some profiles in Linkedin. These people have so many extra qualifications like FRM, CFA and CAIA. http://www.linkedin.com/pub/thomas-fursa-cpa-cfa-… http://www.linkedin.com/pub/anil-kumar-cfp-cfa-fr… http://www.linkedin.com/in/farhadmian http://www.linkedin.com/in/petrunov http://www.linkedin.com/in/andrewspieler http://www.linkedin.com/in/davidhoberman I was thinking, do their jobs really require them to have these qualifications? Seems like overkill to me. What do you guys think? I can't imagine how much time they spent after working hours to study for these qualifications on their own.

08 May 2012

Folks, I'm in need of some advice from people currently in the industry. I'm really interested in financial risk management and I'm currently pursuing a masters in regulation and risk management. We have some hours allocated to CFA and FRM (both level I) as part of our program. We can choose both but it becomes impossible to go for CFA, FRM and the coursework. I was planning to concentrate on FRM as I really wanna work in RM once I graduate. But my program director is pushing for me to drop FRM and concentrate on CFA. He says CFA has global recognition, even if I wanna work in risk where as I

02 Mar 2016

Is there anyone make a clear differences between junior investment and financial risk management analyst in asset management firms?

18 Aug 2013

There are just so many certificates for finance-oriented jobs out there. How should I go about finding out which certification I should go for? Right now, I really don't know much about each of them. I am just a math major with a concentration in economics.

16 Jan 2013

Currently weighing up the alternatives and have a bit of spare time on my hands. Background: already have a M.Fin and a Chartered Accountant certification, current role is in credit risk / transaction execution for a global IB, in particular doing cross-border secured lending to mining companies in emerging markets, but I'm wanting to make the jump into Energy and Infrastructure investments and in particular financing greenfield projects, either on the sell or buy-side. Which would be the best designation to aim for?

02 Feb 2015

I'm a sophomore econ major, and have passed FRM part 1 exam last summer. As FRM contents(risks, fianancial crisis, quantitative methods, derivatives etc) are not too relevant to IBD, I was wondering if I should put it on my resume as "FRM part 1 exam passed" or not at all. What are your suggestions?

14 Jul 2018

Financial Risk Manager Handbook Sixth Edition(new!) at http://www.yeabook.org/frmhot/47.htm

30 Dec 2010

Two weeks ago, I was worried. I was struggling to understand many of the concepts for the Part 2 FRM exam and neither Schweser nor The Bionic Turtle were helping. Schweser's FRM materials, in my opinion, are not up to the standards of their CFA materials. For example, instead of prerecorded videos given by several charterholders in their fields of expertise, one instructor gives a live three hour class for eight weeks that is then archived on the Schweser site. The videos are not edited and while watching them last year in preparation for Part 1, I felt my time would have been better spent reading their Study Guides instead.

30 Aug 2012

Hi. Which of the two exams would you recommend for structuring: FRM or CFA? (I am currently completing my MBA, and have an engineering background). Thank you in advance for your thoughts!

12 Aug 2010

Has anyone taken the FRM? I was curious as to how it matches up difficulty wise to the CFA. I know it is much more quant based but haven't heard much detail on this. Any insight is greatly appreciated.

08 Jun 2009

I am almost 100% certain of sitting for the FRM Part 1 test this coming November. I recently got a job in the risk management department of an Asset Management company, and I have a genuine interest in flashing out my career either in risk itself (ops/ent or market) or get in to the buyside as an analyst. I am more certain of the former, and less certain on the latter...and as such between CFA and FRM I have decided to pursue this first, and if I still want to, I can pursue CFA at a slower pace at some point in the future. I've been working for half a year and am prepared to earn a

28 Jun 2017

The beginning of June was a month ago, and the wait for my Level 2 CFA test results continues. I am a seasoned veteran of this excruciating process. After waiting two months to find out how I did, I and everyone else in this predicament then have to wait another ten months to take the next test. I've decided to kill time by studying for the Part 2 FRM exam--and to enhance my skills in financial modeling. I believe the two exams--CFA and FRM--complement one another, providing a review when the syllabi overlap and providing deeper understanding when they don't. And the financial modeling will be a tangible skill that will help me land that breakthrough job in finance that I've been preparing for--or so I hope.

02 Jul 2012

I am a recent MS graduate (Financial Engineering, University of Montreal) now working as a credit risk analyst for a Quebec Bank in Montreal, Canada. I am interested in working in New York but am intimidated by the competition and unsure which jobs are perhaps a good match. I have little experience but am considering doing the level I CFA this year in hopes this will help me for New York. I am not interested in going head-to-head with Harvard PhDs for quant jobs in New York. 1) What kind of jobs should I look for in New York if I want a mix of finance and quantitative? What is a good match for me? I'm not even sure what kind of job listings to check and get confused with all the titles - investment banking, equity research, etc. Is financial engineering too quant? Can risk analysis/management be mixed finance/quantitative? Should I search for MS in the job listings?

24 Jan 2010

Hi All I am sitting the FRM qualification in November (and looking to sit CFA 1 in Dec). I suppose the first question would be - is this a good idea? From my understanding there are elements of overlap between the two courses (bit of equities, fixed income stuff) so I'm hoping its very doable with my day job. The main reason behind this thread however is to seek an understanding at how valued FRM is? Is it something that makes a good difference on the CV/ any remuneration? Is it only valued in Risk or does it weigh something when applying for front office roles within Markets? Any information on how useful this is to one's career is welcome. Thanks

26 May 2014

In a mail here is what GARP had to say about FRM passing score: Passing scores are determined as a ratio of the absolute score to the average of the top 5% of passers. Does this mean only those who are in top 5 percentile will pass the exam ? How else do you explain the statement ? What will be the passing score if 500 candidates sit for FRM and their score are like in the this spreadsheet https://docs.google.com/spreadsheet/ccc?key=0Ajx3…

09 May 2012