Section cut offs

ayon8212
Posts: 1
Joined: Mon Nov 02, 2015 9:38 am

Section cut offs

Postby ayon8212 » Thu Nov 05, 2015 3:27 pm

Hello Sir,

Can you let me know whether sectional cutoffs are considered in FRM exam to consider whether a person has cleared the exam?

Thanks
Ayon

edupristine
Finance Junkie
Posts: 722
Joined: Wed Apr 09, 2014 6:28 am

Re: Section cut offs

Postby edupristine » Fri Nov 06, 2015 5:06 am

Hi Ayon,
There is no sectional cut off in FRM level 1 exams.
Each quartile includes 25% of the total observations.
Observations falling:-
below 25% are allocated under 1st quartile (Q1 )
between 25.1% - 50% are allocated under 2nd quartile (Q2)
between 51% - 75% are allocated under 3rd quartile (Q3)
Remaining are allocated under 4th quartile (Q4)


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