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Many people on this forum have asked those who passed the FRM exams to share their tips and strategies. I had many strategies, as can be seen from this long post, but I did not feel comfortable giving advice when I myself had not passed the exam (was awaiting results). I passed FRM Part 2 November 2014 exam and would like to share some tips and strategies so that future candidates find them useful.

Others can also add their own strategies in this thread. These are my 'FRM Part 2 exam preparation and studying' tips. A lot of them are applicable to FRM Part 1 as well. Please note that these are my own tips and strategies, and they may not be applicable or helpful to you. Some people may not agree with my opinions and reasoning, and I accept that: no two people are the same and there is bound to be difference of opinion on such strategies. A lot of this you might know already, but I am still listing what I feel might be helpful.

Whatsapp Application For Nokia C2 01 Download on this page. FRM Part 2 is a lot different from FRM Part 1. I studied from the original books and used BT notes, practice questions and videos. My friend had lent me his older Schweser books, but I never got to them (except for perusing through their quick sheet). Start early Everyone says this. Everyone knows this. But not many people actually follow it. The earlier you start, the better you feel.

FRM Part 2 exam is typically very qualitative. FRM Part 1 generally tends to be heavily quantitative.

(However, some people posted that the FRM Part 1 November 2014 exam was not very quantitative. Maybe GARP is incorporating feedback from previous test-takers or trying new question types.) Regardless, there are so many topics in FRM Part 2 where it is almost impossible to ask quantitative questions. So it would be safe to assume that there will be a qualitative component in the exam. Having said that, a lot of questions, in my opinion, had content directly from the FRM books (the core readings). Knowing this, I felt that reading the actual books will make me feel confident. The material is a lot to handle, if you go the hard route: the original books. Starting early gives you enough time to study for the exam.

Read the books and use notes/practice questions for review and practice As mentioned earlier, I read the core readings from the FRM books. But not reading them was a risk I did not want to take. Notes do their best to 'explain' the concepts. BT does this job very well.

However, for a qualitative exam, there are bound to be some questions, the answers to which are 'direct quotations' from the original books. Notes provide a good summary.