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You fail the CFA exams if you haven't studied for at least 300 hours for each one. 'Something like Schweser condenses things and makes it all more palatable.' You fail the CFA exams if.

Hi guys, New to the site. Just passed CFA Level II. I won’t start studying for Level III until early next year so i thought i will tackle FRM Level 1 for the next three months (no not seeking a dose of alphabet soup.i do want to become a risk analyst!). Any suggestions what the best training provider/study material is for Level 1? I’m reading differing opinions on here - some suggest official GARP books, others mention, bionic turtle etc. I used CFAI books for CFA I and II which was enough.would reading the GARP books get me through for FRM?

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Hi, hands up! I also passed CFA Level II this Jun, but will sit Level III next year, now for FRM Part I this Nov. I have almost finished reading the first 2 books of notes, the key concepts required for the exam are presented in a very succinct way, but it may be a bit difficult to comprehend if you don’t have enough quantitative background, e.g. The statistics part in Quantitative method. But of course, past exam-takers’ experience was that, the actual exam will test them far LESS calculations as everyone expected, so I think it’s enough to read for understanding. I think it is a great to be pursuing the “alphabet soup” (as everyone seems to call multiple letters after a name) I earned my FRM and really enjoyed the experience. Chem mozhno usilitj dejstvie amfetamina.

I am just starting the CFA process now.and I want as many letters after my name as I can earn and that I find valuable. (CERA, ASA, FSA are others that I might pursue later - if only for the challenge). I cannot recommend Bionic Turtle enough. My name is throughout that forum too as I was very active there - please feel free tor each out if I can assist with your prep. I’m a charterholder and CFA Level 2 candidate. Decided to pursue the FRM since the material interested me. I’ve put in at least a solid 100/150 hours of studying to this point.

I bought for my studies, in addition I have used for both the CFA. Out of the 3, is by far weakest for the FRM. I used other materials besides for CFA and studies, but if I had only used I would still feel somewhat confident going into the exam. I don’t feel that is the case for FRM. It does have some merit and is a good summary, but is not comprehensive or difficult enough IMO.

As people have stated, you can pass the exam just using, but I feel like you are playing with fire if that is the route you are going to choose and at best will fall somewhere slightly above the minimum passing score. (I’m generalizing, obviously people have different backgrounds). In terms of Bionic Turtle, I have a love hate relationship with it. David is great and the content and questions are challenging and have definitely increased my knowledge.

After taking 1 mock exam from FRM, the questions from Bionic Turtle were much more representative of what I saw in the mock. As for my frustration with Bionic Turtle, I can usually follow the questions and answers just fine, but the formatting drives me insane. Maybe it is just me, but it has begun to wear on me. Don’t get me wrong, overall I feel BT is a must have, but that would be my only gripe.