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FRM Last week Preparations

I hope that all of you are well on your way revising for the FRM Part I Examination this week. With less than a week for the exam, here are some tips to keep in mind – Last week strategy Go through all the question banks in your courseware If you have any queries or [...]

FRM Results

The FRM Part I and Part II results have been announced in the past week, and the results for Pristine students have been pretty good. For FRM Part I, 70% students so far have cleared their examinations and are now eligible for the Part II exam. For FRM Part II, a whooping 95% students have [...]

FRM® Preparation tips

Hope your preparation for FRM Exam is going well, please ensure that you finish your syllabus latest by 30th April and revise and practice lot of questions in May. Revise all the FRM questions given on edupristine.com If you have any queries please mail them to help@edupristine.com, our trainers will reply to same within 24 [...]

CFA v/s FRM

CFA® The Chartered Financial Analyst (CFA®) was originally intended for equity analysts working in the investment banking sector. Over a period of time (since it’s inception in 1963), this has expanded so that a CFA® is now often compared to an Masters in Business Administration (MBA). It has become one of the de-facto certification that [...]

FRM Exam Preparation for Important Topics – Quantitative Analysis

Pristine organized a free one hour Webinar (Live online class) on Quantitative Analysis. The objective of the Webinar was to explain the concept of Quants and it’s importance in the preparation of Financial Risk Manager FRM. Quantitative Analysis is a little difficult section of the exam. The objective of the Webinar was to give the [...]

Free FRM Quantitative Analysis Seminar for November 2010 exam

Join us for a FREE Webinar on July 25 FRM and PRM are a premier certification in the area of risk management. It tests the candidate

Do you want to test your FRM exam preparation?

Pristine is conducting a short mock exam of 15 questions on FRM exam fundamentals. This quiz is aligned with FRM syllabus. Compare your performance with other candidates from all over the world participating in this quiz.
About The Quiz
The quiz is divided into three sections, Quantitative Analysis, Value at risk, Finance. For the candidates attempting all the sections, we would be sending detailed FRM solutions and Visualize FRM mind maps. The material would help you revise the imortant concepts and formulae.
Quizzes
Please click on the following link for the Quantiative section quiz
Quantitative Quiz
Value at Risk Quiz
Options Pricing Quiz

CFA or MBA?

A lot of people have the question if they should pursue CFA or MBA? Which certification you should take depends solely on your professional goals. CFA and MBA both the degrees are expensive, require time and a lot of effort on student’s part. It is very important to note the distinction between these two certifications. MBA is masters degree in business administration, where students are introduced to various areas of business like accounting, marketing, human resources, operations management. There are also Business schools which offer Phd and master courses specializing in specific domains like consulting, finance, marketing etc. The career path after MBA, depends on a lot of factors, including your area of interest, previous work experience and business acumen of specific domain. A lot of employers recruit MBA’s for team manager’s profile where the employee is expected to manage and take quick decisions in their domains. The basic type of MBA courses are typically full time (2 years), part time for evening and weekend batches . There are also Executive MBA’s which are specifically meant for more work experience people. Nowadays, professionals engineers, CA’s, Doctors, politicians go for MBA. Most of the business schools also prefer candidates with at least 4 -5 years of work experience. Almost all of the top B schools recognize GMAT exam ‘s score to test student’s aptitude. However, just giving the exam does not guarantee you an admission, there are a lot of other criterias also that B schools look for, like your past academic record, work experience, other academic qualifications and certifications etc. B Schools in India take CAT, SAT, XAT exams as there enterance examination.

Practical application of Probability in Finance

Probability and Statistics are tools for modelling financial markets there risks and returns. The topics are also covered in many finance exams like CFA conducted by CFA institute www.cfainstitute.org, FRM conducted by GARP www.garp.com, PRM conducted by PRMIA www.prmia.org.
A lot of candidates skip this section, finding it hard to understand. However if you see the practical application of probability you will understand its importance in finance domain.
There are a lot of real world applications of probability as can be widely seen in portfolio expected returns and variance.
Probability in broad sense is term used to indicate vague possibility that something might happen. It is also used synonymously with chance.

Finance domain for Engineers

Everyday we come across questions on when, whether and who should give CFA, FRM exam? Does qualifying these exams ensures a job?
CFA, FRM exams are prestigious worldwide recognized degree exams. They give professional designation to financial analysts who complete a series of exams.
It’s not mandatory that you have to be a professional in finance domain to appear for this exam. These days, engineers, doctors and professionals from other backgrounds who want pursue a career in finance domain opt for these exams.
Qualifying these exams don’t ensure a job but certainly can give you an edge over others. It would be an add on qualification to your career and resume. Companies shortlist the prospective employee’s CV through searching their database on important terms like “CFA”, “FRM“, if these terms appear in your resume, your resume become’s a potential candidate’s CV.