Do you read handbooks or notes to prepare for FRM? Who s going to say

Hello classmates, I'm glad to answer for you!

handbook or notes？First of all, I would like to say that whether to use Handbook or Notes is really a personal choice, and it does not affect the test result in essence. A friend of mine just looked at the handbook, and the result was a one-time pass of the first and second levels.

I always look at the notes,. The advantage of handbook is that it is focused, logical and official, but the disadvantage is that it is slow to update and does not contain many new content. The advantage of notes is that it contains a lot of new content, in short, the exam is "down-to-earth", and the exam should be enough!

The disadvantages are lack of logic, a lot of content, and tiredness and unlove. Therefore, the choice of the two textbooks is purely a personal preference, and the most perfect choice is, of course, to go through the handbook first to form an overall feeling, and then read the notes. But due to the weakness of human nature or various strange reasons, this is basically impossible.

No matter which textbook you choose, study carefully and do the questions, I believe that victory lies ahead!

FRM does the question. It is still necessary to do the questions, and by doing the questions, you can still understand how weak you are, and you still need to see something. The first level recommends that everyone study 60% of the textbook + 40% do the questions, and the second level focuses on comprehension, so 75% of the learning and understanding of the textbook + 25% of the questions.

The questions that must be done include the official GARP sample questions of the past four years, and the notes are sent to the practice exam with the book. Many people worship the frm 100 questions to do, after all, it is a professional summary of the first question, which has a certain guiding significance for candidates.

Hope mine can help you solve the problem, if you are satisfied, for yo.

Gordon wishes you a happy life!

Handbook, a total of more than 780 pages, but the FRM level to read about 350 pages, please note that there will be a mark at the bottom of each chapter. The FRM level can be divided into four parts: Part 1 Risk Management Basics, Part 2 Quantitative Analysis, Part 3 Financial Markets and Products, and Part 4 VAR Models.

I think the more difficult ones are Fixed Income and Part 4 in Part 3, so if you can't do it once, you can read it several times.

Notes, consisting of three volumes, of which the first volume is Risk Management Fundamentals and Quantitative Analysis (the thickest), the second volume is Financial Markets and Products (the thinnest), and the third volume is VAR Models. Notes are written in strict accordance with the official outline (the materials sent to you AIM (printed version)), although the content of the bound book has no continuity, the important thing is that the notes cover all the knowledge points. It can be based on notes.

Finally, practice is indispensable.

In the process of reading handbooks and notes, basically the market finishes chapter by chapter and does chapter by chapter exercises. After several rounds of review to the final sprint stage, it is recommended that FRM applicants choose the notes workbook and the mock questions given by the official in previous years. Multiple rounds, whether to read the handbook or notes several times, 3 times is required, mainly depends on your own mastery of the mastery.

FRM Learning Handbook

Handbook is the core textbook of the Financial Risk Manager certification, with a clear structure and insight, which is an essential reference material for the FRM exam. However, the content is too concise, which is suitable for candidates with relevant knowledge background and practical work experience, and is suitable for intensive review before the exam. Generally speaking, for candidates with no foundation, candidates who have already passed the FRM exam think that it is best to combine CoreReading and Handbook.

When I don't understand something when reading a handbook, I go to corereading to check it. This method is suitable for candidates who want to learn about risk management, and if they want to pass the exam quickly, this revision method is longer and is not suitable for use.

FRM Learning Notes

This set of learning materials is compiled according to the annual FRM syllabus, which is simple and easy to say, and candidates with various knowledge backgrounds and work experience can benefit from it, and is an essential textbook for the FRM exam. Note is a test preparation textbook written by Kaplan, which covers the syllabus very comprehensively, but it is not very organized. The handbook is more detailed, but it lacks some of the content of the test center.

Candidates combined handbook and note, took notes by themselves, and clarified relevant concepts and knowledge points. The two have a complementary effect, and when combined, knowledge points will not be missed.

No matter which reference book you choose, familiarity with the knowledge points is the most important. Don't "just watch but don't practice" or "just practice without reading", the combination of test questions and books can maximize the efficiency of revision.

FRM exam materials are selected based on personal ability, and Handbooks and Notes are essential books for studying.

There are three notes. Book1 is an introduction to basic risk, models such as CAPM, ethics, probability theory, mathematical statistics, econometrics, EWMA, GARCH, and many more. Comparative basis, accounting for 40% of the total weight.

book2 is a derivative, a variety of calculations, accounting for 30%. Book3 is a detailed description of credit risk, VAR, operational risk, sovereign risk, etc., accounting for 30%. The first half of books 1, 2 and 3 should be read carefully for the first time, and you can read to the extent that you can successfully complete the next 5 exercises on each topic.

This shows that you have a basic understanding of the test center. The second half of book3 has only two useful formulas, large paragraphs of textual descriptions, which can be skimmed or not read. Personally, I only skimmed through the Key Concept at the end of each topic and felt that it was enough to cope with the multiple choice exams.

However, due to the thick nature of the FRM textbook, many candidates will go through the Handbook and then focus on the notes. Of course, this does not mean that handbook is not important, it explains the concept very clearly, and when you don't understand it, you will have a feeling of sudden enlightenment.