r/frmindia

Is buying the frm secret sauce 2026 worth it ?

it is 126 dollars w/o taxes

I got 2432, which is a borderline fail.
Studied for 3.5 months and got 60-70% in the mocks, but still did not clear.
What else should I have done? I believe I missed it by 2-3 questions.

Please dm for Price

Hi

40 days left to FRM L1 August

Under prepared hence under confident

Completed one reading of 2 books (foundation and quant), have solved limited sums from from schweser only

And read few chapters from book 3 and 4.

Good part - can devote 3-4 hours on weekdays post work as i have wfh (more hours on weekends) provided i am consistent and disciplined, which i am currently lacking.

Tomorrow 30th June is the last day to defer my exam. The question is - should i continue studying for Aug or defer?

An option trader at an equity hedge fund is assessing the cost structure of the fund’s

portfolio of options. The trader examines the types of positions the fund trades with

its prime brokers and investigates whether the fund can reduce the upfront costs of

its option positions. How can the trader transform a long option into a zero-cost

derivative product?

A Arranging with the option seller to pay an amount equal to the upfront option

premium at maturity rather than at option initiation

B Entering into an agreement to purchase the payoff of the option at maturity for an

amount equal to the future value of the current option premium

C Combining the purchase of the option with a sale of other options such that the net

premium is zero and the combined payoff is identical to the payoff of the original

option

D Purchasing the option and selling the underlying stock such that the net upfront

cash flow is zero and the payoff is identical to the payoff of the original option.

I am confused as Option C makes the Net premium as zero but the payoff structure is different. It becomes a Bull spread and i am getting conflicting answers from Claude and GPT and the Answer booklet says Option B which just defers the Cashflow. Please help in this case.

Most people I know and saw online as well got their quartiles through apex. Even the ones on 15th and it clearly seemed to be uploaded date wise.

Has FRM pt2 apex started working for anyone?

Hey everyone, I'm a second-year finance undergrad at a Tier 1 college in Mumbai with a 9 GPA. I've recently become really interested in risk management, but I'm also fascinated by high finance, especially equity research and private equity. I'm considering starting the FRM, but I'm unsure if it's the right step during undergrad or if I should opt for CFA ( given i have a strong interest in the risk management field ) . Would love to hear from people who've been down a similar path.

Left with book 4 have not revised yet any of the three books
Is ashwini bajaj practice question and garp 10 years question more than enough

Hi everyone! Congratulations to everyone who cleared the May 2026 FRM Part II exam! 🎉

Could those who passed please help with a few questions?

1. Was the exam more numerical-heavy or theory/concept-heavy?
2. Which topics or subtopics appeared to be the most important or were tested repeatedly?
3. What is one piece of advice or suggestion you would give to someone appearing for the exam?
4. How would you recommend approaching each subject (Market Risk, Credit Risk, Operational Risk, Liquidity & Treasury Risk, Investment Risk, and Current Issues)? Any specific strategy for revision or question practice?

Any insights would be greatly appreciated. Thank you in advance, and congratulations once again!

Hi everyone,

I recently registered for FRM Part I, and honestly I’m feeling quite anxious about how to proceed. I really don’t want to mess up this attempt, and I’m okay with spending money on coaching or extra resources if it genuinely improves my chances.

As of now, this is what I have access to:

• GARP official study plan / learning objectives
• Some older Schweser notes, mainly 2023
• Some older QBank / question material from AnalystPrep and Bionic Turtle
• GARP practice exams / pre-study material from previous years
• Access to a course/study plan, but not necessarily the full latest official books

My main confusion is:

1. Are older Schweser 2023 notes still usable for FRM Part I, assuming I cross-check with the latest GARP learning objectives?
2. Is it risky to rely on older QBanks/mocks, especially since FRM questions seem to have become more conceptual and less straightforward?
3. Should I buy a coaching subscription mainly for:
   • updated notes,
   • good lectures,
   • a strong QBank,
   • and multiple mocks?
4. Which provider would you recommend if my priority is passing comfortably, not just barely clearing?
5. How many mocks should I realistically take before the exam?
6. What should my mock-score target be before I can feel reasonably confident?
7. Is it better to spend more time on concepts first, or should I start doing questions/mocks early and learn through them?

I’m not looking for shortcuts. I’m willing to put in the hours. I just don’t want to prepare the wrong way using outdated or insufficient material and then realize too late that I should have used a better QBank or coaching program.

For context, I want to take FRM seriously and ideally clear with a strong score/quartile. I’m especially worried about whether just reading notes and doing old questions will be enough, or whether the exam now requires a much more updated and conceptual approach.

People who recently cleared FRM Part I or are preparing seriously — what would you do in my position?

Would you recommend:

• self-study with Schweser/GARP + old questions,
• buying a full coaching package,
• buying only a QBank/mock package,
• or using something like Bionic Turtle / AnalystPrep / Schweser / any other provider?

Any honest advice on how to structure preparation, when to start mocks, and what mistakes to avoid would really help.

Thanks in advance.

Hey can you guide me from where I can purchase frm classes in cheap prices???

Does anyone know the tentative timing when they'll be out?