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FRM Level 1 - Help

Guys,
I am planning to sit for FRM level 1 in May 2011. I am little confused as to how to prepare for it. I am a full-time MBA student and I think I can spare at most 120 hours for FRM level 1. From the information that I have gathered till now, following are the things which one can use to prepare:

1. Schweser Notes (Includes 3 books for Level 1 plus practice exams)
2. GARP core readings
3. FRM official HandBook (6th edition, nearly 700 pages)
4. Bionic turtle notes + Videos

Now I know its a very subjective call, but can you guys tell me what all I need to study to PASS the exam. Someone told me that I need to study FRM official handbook and schweser notes to pass it on the other hand, someone else told me that schweser alone is sufficient.
Please help me out guys!

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Hi - It all depends on your background, but if you only have 120 hours to study I recommend BT. They have a lot of great tutorial videos, great practice questions, and a very active forum to exchange questions. BT is also cheaper than Schweser. In addition, you should also get the old FRM exam questions provided by GARP. Good luck!

@CFAFRM
When you recommended to study BT , did you mean that I should study them because I got less time at my end or more ?
Regarding my background, Engineer + Cleared 2 levels of CFA Examination + MBA Full Time Student.
I want to pass the exam and I think that is more important to me right now. Now, among schweser and BT, which one of them will require less effort and energy ?
Please suggest

I think 120 hours is too short. Most people spend 200 hours. I spent 300 hours reading the textbooks and using BT videos and questions. I wanted to pass on the first try just like you.
I don’t know much about the Schweser materials for the FRM, but I have seen threads that don’t recommend it. On the other hand, there are people who pass it with Schweser only. BT is only $199 and you can watch the videos whenever you have time and do questions and read their notes. I would start sooner than later.

Are you also studying for the CFA level 3 in June? If that is the case stick with the CFA and take the FRM in November because you won’t be able to do both and the MBA.

Good luck!