There is no secret formula that can help you navigate through the FRM program and pass the test, but an organized, disciplined approach will help you pass each level of the program and ultimately achieve your goal
June 27th, 2011
FRM Part I Foundations of Risk Management RenÃ© Stulz, “Risk Management Failures: What are They and When Do They Happen?” Fisher College of Business Working Paper Series (Oct. 2008). Fisher College of Business Working Paper No. 2008-03-017. GARP Code of Conduct Valuation and Risk Models “Principles for Sound Stress Testing Practices and Supervision” (Basel Committee on Banking Supervision Publication, May 2009) FRM Part II Credit Risk Measurement and Management Adam Ashcroft and Til Schuermann, “Understanding the Securitization of Subprime Mortgage Credit” , Federal Reserve Bank of New York Staff Reports, no. 318 (March 2008). Eduardo Canabarro and Darrell Duffie, “Measuring and Marking Counterparty Risk” in ALM of Financial Institutions, ed. Leo Tilman (London: Euromoney Institutional Investor, 2003).
February 10th, 2010
In the preceding post we talked about job as a financial analyst. Today we discuss Risk Management as a career. Overview Risk Management: Within the financial services industry, risk management involves assessment and quantification of business risks, and then taking measures to control or reduce them. Educational requirements: To work in risk management, a bachelor’s degree is the bare minimum, often an MBA also is preferred. Strong quantitative skills are a must.Certifications like the PRM or FRM provide the necessary backing to your resume. A globally recognized certification program puts employees on the same footing. Organizations consider them as a means to ensure that everyone in particular job groups or functions has the same level of experience, knowledge, and ability.
January 22nd, 2010
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