347 647 9001+1 714 797 8196Request a Call
Call Me

Interview With FRM Expert Pratik

May 5, 2009
, , ,

An Interview with FRM Expert Pratik

This is an interview in a series of Interviews that EduPristine Careers will conduct. EduPristine sets up meetings with professionals/ students / other people, who have been successful in clearing FRM, and gets their views on how to succeed. EduPristine is hopeful that it will provide the readers some insight into how to crack FRM and other certification courses in finance.

Paramdeep Singh, a director with EduPristine speaks to Pratik, an expert in Risk Management and Banking. Pratik has been working with the Banking Regulator RBI and has a strong background in statistics and Economics. He has significant experience in statistics, IT and Business Analysis. He has a strong background in Mathematics and Statistics and thinks that planning and working hard are the most important aspects from the Exam perspective.

Param: Tell me a brief about your background

Pratik: I did my bachelors in Mathematics (Hons.) from Presidency College Calcutta and then completed M.Stat from the Indian Statistical Institute. Then I joined RBI in the Stat department. But I worked mostly in the IT department, initially as a developer and subsequently as a Business Analyst and Project manager. I have done my Masters in Financial Management from Jamnalal Bajaj Institute of Management under Mumbai University before appearing for the FRM exam.

Param: Why did you give the FRM exam?

Pratik: As I have a background of Statistics / Math, I thought that the area of risk management would suit me because a quantitative approach towards risk management is assuming great importance. To be able to establish myself in this field, I thought FRM will help as it is the most renowned certification in this field.

Param: Do you think that background plays an important role in clearing FRM?

Pratik: But even if you do not have background, proper planning guidance and hard work should help one to get through.

Param: What has been your Mantra for success?

Pratik: Planning and hard work. Also, I took a lot of mock exams before the actual test.

Param: When did you start preparing?

Pratik: I started planning early in June. But actual study I started in late July/ August.

Param: How much did you study?

Pratik: It would be difficult to quantify the actual hours. But for the last 3 months, I studied every evening on weekdays and almost 6-8 hours on holidays.

Param: What subjects did you concentrate on?

Pratik: I tried to cover whole syllabus. But specially concentrated on Market Risk.

Param: What do you think is the best way to crack the subjects?

a. Credit Risk

b. Market Risk

c. Operational risk

d. Quantitative Analysis

e. Portfolio & hedge Funds

Pratik: It depends on which one you are comfortable with. Generally one has to choose either Market or credit risk as that person’s main strength. But as one has to pass in every topic, you cannot ignore any of the topics.

Param: What books did you study for the subjects?

a. Credit Risk

b. Market Risk

c. Operational risk

d. Quantitative Analysis

e. Portfolio & hedge Funds

Pratik: I studied from Schweser Notes and tried to cover the Core reading as much I could do.

Param: What other reference material did you use while studying?

Pratik: None other than the ones mentioned above.

Param: How best can EduPristine Careers be used for preparing for FRM?

Pratik: I am sure it must be of great help. Unfortunately, I could not use their services for preparation for the FRM exam.

Param: What are your career plans after achieving the FRM certification?

Pratik: I would like to use it to further my career.

Param: Lastly, what did you do on the final day before the exam?

Pratik: Tried to relax. Just revised some topics. Tried to prepare myself mentally for the exam.

Param: Your Advice to FRM/ Finance aspirants:

Pratik: This exam is a real test of not only your knowledge but also your mental stability. If you are calm and composed during the exam, you increase your chances provided you have prepared yourself thoroughly.

These FRM Interviews are presented by EduPristine (Leader in FRM/ CFA®/ PRM/ FinanceTraining.

Click here to know more about FRM Training.


About the Author

Trusted by Fortune 500 Companies and 10,000 Students from 40+ countries across the globe, it is one of the leading International Training providers for Finance Certifications like FRM®, CFA®, PRM®, Business Analytics, HR Analytics, Financial Modeling, and Operational Risk Modeling. EduPristine has conducted more than 500,000 man-hours of quality training in finance.


Global Association of Risk Professionals, Inc. (GARP®) does not endorse, promote, review or warrant the accuracy of the products or services offered by EduPristine for FRM® related information, nor does it endorse any pass rates claimed by the provider. Further, GARP® is not responsible for any fees or costs paid by the user to EduPristine nor is GARP® responsible for any fees or costs of any person or entity providing any services to EduPristine Study Program. FRM®, GARP® and Global Association of Risk Professionals®, are trademarks owned by the Global Association of Risk Professionals, Inc

CFA Institute does not endorse, promote, or warrant the accuracy or quality of the products or services offered by EduPristine. CFA Institute, CFA®, Claritas® and Chartered Financial Analyst® are trademarks owned by CFA Institute.

Utmost care has been taken to ensure that there is no copyright violation or infringement in any of our content. Still, in case you feel that there is any copyright violation of any kind please send a mail to and we will rectify it.

Popular Blogs: Whatsapp Revenue Model | CFA vs CPA | CMA vs CPA | ACCA vs CPA | CFA vs FRM

Post ID = 2072