I somewhat follow the same plan. I am hooked on to the Schweser notes but I have found a new platform for practice questions and mocks called Prepsmarter I found this recently only, they have one of the biggest question bank. Some questions are similar to schweser but there are many more unique ones which even schweser does not have. I just finished my trial and now I have bought their paid subscription. The platform is purely only with the availability of the mobile app as well so I can practice anywhere anytime. Addition to that I got 8 practice exam with my paid plan which are timed so this will help you feel like you are in an exam hall. Must give it shot. They have like more than 5k questions for FRM
“Then FRM exam can only, by difficulty level, being compared to CFA L1. I know there are 4 multiple choice vs 3 on CFA L1 but, anyway, stand alone MC questions are easy per se.”
I wouldn’t agree. MC can be tough as well. Even though the MC questions are not vignette questions they are by far not comparable to the short CFA L1 questions. You should keep in mind that the FRM part I exam is 4 hours for 100 questions compared to CFA L1 with 3 hours for 120 questions. Apart from this most of the people I know (including myself) finished the MC questions section for all of the CFA levels within 2h to 2.30h. That was not the case for FRM part I. I hadn’t that much time left and also not the people I talked to. This might give a better impression of the question difficulty/depth.
Let me/us know what your impression was/is about FRM as soon as you convinced your colleagues and family. I recommend to start as soon as possible as there’s a decent overlap in the curriculum between FRM I and CFA. It helps a lot when the CFA stuff is still fresh in your head… And apart from this right after the CFA you are still used to have no spare time. I can imagine it will be tougher when you wait to long.
With respect to my wife: I just told her that I am going to learn for the FRM. Obviously the outcome would have been different if I would have asked her… WIth respect to my colleagues they don’t have to bother as I only learn in the evening (due to wife and two kids) and I will have a day off next week just before the exam.
As I wrote in another thread the FRM was/is very tough for me as I decided to (hopefully) nail it within one year. I took part I in May and will be taking part II next week. This means that you have may be 1 1/2 to 2 months without learning. The rest of the year is dedicated to learning. Unfortunately I am not very convinced about my part II preparation, but I hope the best as I don’t want to spend another six months to prepare for the part II a second time.
Don’t be too frustrated. That’s something every CFA candidate knows very well. I experienced this for all three CFA levels. If you try to answer serious questions for the first time after studying the outcome is quite often frustrating. As I said this happened to me every time I did a CFA mock exam. As long as you learn from your mistakes and if you don’t lack the knowledge of the underlying concepts (meaning that you know the topic, but you have a problem to apply the concepts, because you are not used to it) it is not too much of a problem if you have problems with the mock exams in my opinion. It’s more of a problem if you can’t answer a considerable portfolio the questions, because you have no clue what they are talking about in these questions.