What to read in the Garp books?

Hello everyone,

In the study guide provided by GARP for the FRM PART1, under the “Foundations of Risk Management” it’s written : • Basic risk types, measurement and management tools • Creating value with risk management • The role of risk management in corporate governance • Enterprise Risk Management (ERM) • Financial disasters and risk management failures • The Capital Asset Pricing Model (CAPM) • Risk-adjusted performance measurement • Multi-factor models • Information risk and data quality management • Ethics and the GARP Code of Conduct Does it mean that in the books there are some chapters that I don’t need to read? Like chapter 7 about the credit crisis of 2007 or chapter 13 about the principles for effective risk data aggregation and risk reporting. Thanks in advance.

The GARP Part 1 readings published in 4 books contain only readings covered by the curriculum, meaning everything should be studied. There is no extraneous chapters in the books. The readings you mention seem to fit within these 2 bullets, respectively:

• Financial disasters and risk management failures

• Information risk and data quality management

Ok it’s clear now, thank you very much.