can someone pleasen confirm that this is indeed the structure of the exam?
I confirm, this is the structure of the FRM PART 1 in the morning with 100 questions in 4 hours
thanks very much! can you please also make it clear to me that there is no afternoon session and it is just the morning session for those of us taking part 1 ONLY!? thanks again (I am also in Switzerland currently, Zurich)
In order to earn the CFA designation, you need to pass the CFA Level I, CFA Level II, and the CFA Level III exams. In order to earn the FRM designation, you need to pass FRM Part I, and the FRM Part II, exams. What is called a “Level” in CFA is called a “Part” in FRM. (This is a vestige of the old days, when the entire FRM program was based on a single exam.) Wikipedia explains the FRM structure reasonably well: “The FRM exams now consist of two exams, FRM Part I and FRM Part II. Each exam consists of a single four-hour session. Candidates may choose to sit for both parts on the same day, however if a candidate fails Part I their Part II exam will not be graded. The Part I exam is administered on FRM exam days in a single four-hour session from 8:00am to 12:00pm. The Part II exam is administered on FRM exam days in a single four-hour session from 2:00pm to 6:00pm.”
crystal clear! thanks
Yes exactly, quite well explained! Just to add, I registered in advance this summer for the FRM Part 1 and Part 2 for this November 2011. However as being short of study time, I will go just for the morning Part 1 session, hoping the remaining week is enough to help me prepare! By the way Penny-wenny I am currently in Geneva, so nice to meet you!
Hey guys, Let me know if my below reasoning is correct… Relationship between Stock Prices and Risk Free rates? What is the relationship between RF and Stock Prices? I thought that when Interest Risk Free rates increase, bond prices go down and so more people will go and buy bonds or deposit their money in banks hence leading to a decrease in stock prices. If stock prices decrease, put option values increase and call option values decrease. What do you think?! Cheers, ShadEs
Stock prices will always contain a component of the RF rate. The RF rate represents the retunr you can get with no risk over a period of time. The stock return as a risky investment must return RF + Added retrun for Stock risk.