The FRM Part 2 Exam Covers 6 Main Topics: Valuation and Risk Models: This section covers the valuation of financial instruments and the application of various risk models, such as credit risk models, operational risk models, and stress testing.This section delves into diverse financial instruments, including bonds, equities, options, and swaps, and their corresponding risks. Quantitative Analysis: This section focuses on the mathematical and statistical tools used in risk management.Foundations of Risk Management: This section introduces the principles of risk management, governance, and risk measurement.The exam consists of 80 multiple-choice questions, and candidates are given 4 hours to complete the test. FRM Part 2 – Questions in Part 2 are more advanced and focused on the practical application of risk management concepts.This part covers key risk management concepts and their real world applications. Candidates are given 4 hours to complete the exam. FRM Part 1 -`The FRM Part 1 exam is a multiple-choice test that consists of 100 questions.Frequently Asked Question Understanding the FRM Exam Exam format Don’t get me wrong, overall I feel BT is a must have, but that would be my only gripe.8.

Maybe it is just me, but it has begun to wear on me. As for my frustration with Bionic Turtle, I can usually follow the questions and answers just fine, but the formatting drives me insane. After taking 1 mock exam from FRM, the questions from Bionic Turtle were much more representative of what I saw in the mock. David is great and the content and questions are challenging and have definitely increased my knowledge.

In terms of Bionic Turtle, I have a love hate relationship with it. (I’m generalizing, obviously people have different backgrounds). As people have stated, you can pass the exam just using Schweser, but I feel like you are playing with fire if that is the route you are going to choose and at best will fall somewhere slightly above the minimum passing score. It does have some merit and is a good summary, but is not comprehensive or difficult enough IMO. I used other materials besides Schweser for CFA and CAIA studies, but if I had only used Schweser I would still feel somewhat confident going into the exam. Out of the 3, Schweser is by far weakest for the FRM. I bought Schweser for my studies, in addition I have used Schweser for both the CFA and CAIA. I’ve put in at least a solid 100/150 hours of studying to this point.

Decided to pursue the FRM since the material interested me. I’m a CAIA charterholder and CFA Level 2 candidate.

Frm study material bionic turtle