r/FRM

Hi everyone,

I recently found out I didn't pass FRM Part II for the second time.

For my prep, I mostly relied on the 2 GARP mock exams and hammered the entire Schweser Question Bank. I actually went through all of these questions multiple times until I felt very confident, but it clearly wasn't enough for the actual exam.

I'm planning to retake it this November and realize I need to completely change my strategy. Does anyone have recommendations for a different study approach, or other question banks/mock exams that are closer to the real thing?

Any advice would be greatly appreciated. Thanks!

I am starting an ed-prep business and have made a web application which lets users study/track progress when studying for the FRM exam. As someone whos going to take his level 2 this august I was quite frustrated having to pay exorbitant amounts of money for analyst prep and other platforms.

I wanted to see if anyone here any recommendations for features, or any frustrations they have had with the other providers.

Currently im looking to price it at $12/Month.

The goal is to add 20 minute lectures as well as notes in the near future after launch. Looking for advise and wana know who and how many are in the market for an alternative. thanks!

Any help will be appreciated thank you

i have my frm attempt due on 7th august and rn i am revising and doing 2025 ap questions side by side which i am finding very basic like i am able to answer almost every one of them
so now should i change the book or do ap only?

Hi everyone, I am a CFA charterholder, just started the FRM journey, planning on sitting for part 1 November 2026, I'm taking a full 6 month study period. Well it's because that's the average pace for regular people. FRM is a bit confusing, not the content though. I feel like I don't know what to expect, not like the CFA, where you have a complete question Bank, if you can answer them all, you're pretty much comfortable. For FRM, it's different, and the end of chapter questions seem pretty much inadequate for the exam. Some say we should stick with GARP. Others say we should skip it and use prep providers instead. So I've decided to follow my own method which is working great so far, and that's what I want to share with you guys if you're interested: I am using AI (deepSeek, free & reliable) to summarize the GARP content, chapter by chapter. I do the same with the prep provider's content. (Schweser). If I don't understand something, I just go back to the book chapter of either one, or ask AI for clarification. Then I put together a summary that includes everything on both parts, that way I am not missing anything. Then I go over GARP's practice questions and Schweser questions, after each chapter I finish. I take notes of each question I answered wrong or right by chance. I finished two books already. These are my two cents for those interested. I'm sure that many relate to this method. Now I have a question: where do you think I can get the most appropriate mock exams for part 1, besides the ones from GARP?

Good luck everyone

AUGUST Attempt... Need advice on how do i prepare now? This was my 1st Mock.

As title says. I have my exam scheduled for the 7th of Aug. I forgot a lot of formulas in the middle so that i will practice. Other than that please advice.

I am done with the reading(can't remember anything ofc). Did AP QB for MR, CR, and ORR. Planning to give my first mock on the 10th.

I need advice on how to approach revision and how to efficiently cover the imp topics?

What should I do next? I am losing all motivation and belief in myself. HELP!

Hi everyone,

I recently cleared FRM Part I and I'm looking for a good prep provider for FRM Part II.

Has anyone here taken Ashwini Bajaj's FRM Part II classes? How was your experience in terms of teaching quality, concepts, notes, and question practice?

I'd really appreciate any honest feedback.

i have 2023 analyst prep qb and 2023 bt question bank and i don’t have the time to practice both can someone suggest which one should i do?

Why does it takes 1.5 months for may/november result to come out & only 15-20 days for august results?

I’m a bit confused about the way HDFC Bank calculates interest on part prepayments and would appreciate if anyone who has dealt with this can explain.
My situation:

Home Loan with HDFC
Interest rate: 7.95% (floating)
EMI date: 25th of every month

Planned part prepayment: Rs. 5,00,000
I initially wanted to make the part prepayment on 29 June, but the HDFC representative advised me to wait until 3 July.
According to them:
If I prepay on 29 June, I’ll have to pay around Rs. 3,000 as simple interest.
If I prepay on 3 July, I’ll pay only around Rs. 200 as simple interest because of the way they calculate the EMI cycle and prepayment window.

This is where I’m confused.
My understanding was that if I prepay earlier, my principal reduces earlier, so I should save more interest overall. HDFC is saying that waiting until 3 July is actually better.
Has anyone experienced this with HDFC or another bank?
Is this a standard banking practice?

Is this “simple interest” just interest accrued since the last EMI, or is there some internal accounting rule?
Even if the immediate interest component is lower on 3 July, does delaying the prepayment mean I end up paying more total interest over the life of the loan?
Which option would you choose, and why?
If anyone has an amortization example or works in banking, I’d really appreciate your explanation.

Everything is so confusing. I completed my graduation last year and as soon as that, i started preparing for FRM. Now i am seeing people are saying there is no job after FRM in India???. Seriously? So much time and energy for nothing? . Meanwhile my peers are either CAs or doing MBA. And here im studying P2, giving so much efforts and time for no job??

What if i do financial modelling and data analytics after my exams? If it's of no value, then why did I waste 2-2.5 lacs for this certification? 🫠 Its all greek.

I'm planning to start preparing for FRM Part I. Can anyone help me with study materials or recommend good resources?

Hey guys ! I've completed Fixed Income, Financial Institutions, and Basics of Risk Management. Should I start Derivatives or Quantitative Analysis next?

Is buying the frm secret sauce 2026 worth it ?

it is 126 dollars w/o taxes

Hey guys, can you please suggest a really good, valuable power BI, SQL Course that a beginner can do in a less time, and which makes you ready for entry level jobs in risk domain.

Tips and Time Management techniques to do so, from ppl who might have been in a similar situation, can give 8-9 hours a day

I've decided to give FRM part 1 in November and you'll have to pay less if you register by July 31st right

The problem now is I just realised I lost my passport.

My mom passed away 2 years ago and since I don't go home much, I didn't bother to check if it's there in the files or not. Now that i casually told my dad that I'll need it for the registration, he said he's not seen my mom's and my passport for the past two years, it's just empty passport wallets.

I turned 18 this April and when I applied for my driver's license this summer, there was some query regarding the address proof etc and I didn't get the LLR

So there's no way of getting my LR in a month now.

As far as the passport is concerned, we'll have to file an FIR for the missing passport and there's a lot of procedure. And given the fact that I live away from home, it'll be very difficult to go more than twice.

Is there any other way out? I want to give the nov attempt cause next year I have something else lined up. I'll be grateful if I could get some help with this

Anyone else got approval email?