Financial Models
A “financial model” can be a lot of things. The phrase is usually used to describe a representation of a real financial situation. Financial models typically use a set of assumptions and inputs to generate an output or set of…
FRM Part 1 Exam – 3-Month Study Plan
I sat and passed FRM Part 1 in May 2018, in Frankfurt. Easy as that sounds, make no mistake – it was a tough ride! Even with an MSc. In Business Administration and specialty in corporate finance, I still knew I…
FRM Changes from 2018 to 2019
FRM Part I Changes in 2019 For FRM part I, there has been no addition or deletion of any chapters. In fact, some chapters have been rewritten but for the most part, all learning objectives have stayed the same. The…
The FRM Program: Expectations, Benefits, and Tips
Introduction A Financial Risk Manager (FRM) that desires to be recognized by the Global Association of Risk Professionals (GARP) is required to pass an exam that grants hopefuls the right of passage into fulfilling careers within the world of finance….
Central Counterparties
Central counterparties, also known as CCPs, protect market participants from counterparty /credit/default risk and settlement risk by guaranteeing the trade between a buyer and a seller. By doing so it helps avert the cascading impact a counterparty default could have…
Open Market Operations – A Tool for Inflation and Interest Rate Targeting
OMOs or Open Market Operations are a commonly used tool by Central Banks to administer the monetary policy. Central Banks try and control the price and quantity of money in the economy through the implementation of the monetary policy, price of money being interest…
CFA vs FRM: Which One is Better
Financial professionals who want advancements in their career always find it difficult to decide which courses can offer more facilities to get more lucrative job offers. In this situation, two courses come into their preference, CFA, and FRM. Both these…
