Minimum-Variance Portfolios
In theory, we could form a portfolio made up of all investable assets.... Read More
2023 Syllabus >>>>
2024/2025 Syllabus
Learning Module 1 – Rates and Returns
LOS
LOS e: calculate and interpret major return measures and describe their appropriate uses
Learning Module 2 – Time Value of Money in Finance
Learning Module 3 – Statistical Measures of Asset Returns
LOS b: calculate, interpret, and evaluate measures of dispersion to address an investment problem
LOS c: interpret and evaluate measures of skewness and kurtosis to address an investment problem
LOS d: interpret the correlation between two variables to address an investment problem
Learning Module 4 – Probability Trees and Conditional Expectations
LOS c: calculate and interpret an updated probability in an investment setting using Bayes’ formula
Learning Module 5 – Portfolio Mathematics
Learning Module 6 – Simulation Methods
LOS b: describe Monte Carlo simulation and explain how it can be used in investment applications
Learning Module 7 – Estimation and Inference
Learning Module 8 – Hypothesis Testing
Learning Module 9 – Parametric and Non-Parametric
LOS b: explain tests of independence based on contingency table data
Learning Module 10 – Introduction to Linear Regression
LOS f: describe different functional forms of simple linear regressions
Learning Module 11 – Introduction to Big Data Techniques
LOS b: describe Big Data, artificial intelligence, and machine learning
LOS c: describe applications of Big Data and Data Science to investment management
2026/2027 Syllabus
Learning Module 1: Returns of Financial Assets and Instruments
LOS a: Describe, compare, and interpret returns
Learning Module 2: Types of Financial Returns
Learning Module 3: Benchmarking Returns
LOS a: Calculate and compare money-weighted and time-weighted rates of return
Learning Module 4: Time Value of Money in Finance
Learning Module 5: Statistical Characteristics of Asset Returns
LOS b: Describe, interpret, and evaluate measures of skewness and kurtosis
LOS c: Calculate, interpret, and evaluate covariance and correlation
LOS d: Calculate, interpret, and evaluate semi-deviation and coefficient of variation
Learning Module 6: Statistical Distributions for Financial Asset Prices and Returns
LOS c: Calculate, interpret, and evaluate conditional expectations, variances, and covariances
LOS d: Formulate investment problems through Bayesian updating
Learning Module 7: Estimation and Hypothesis Testing
Learning Module 8: The Return and Risk of a Financial Portfolio
Learning Module 9: Simulation of Financial Asset Prices and Returns
LOS a: Describe historical simulation and explain how it can be used in investment applications
LOS b: Describe bootstrap resampling, and explain how it can be used in investment applications
LOS c: Describe Monte Carlo simulation and explain how it can be used in investment applications
Learning Module 10: Applications of Simple Linear Regression in Finance
LOS d: Calculate and interpret the variable estimates of the capital asset pricing model (CAPM)
Learning Module 11: Introduction to Financial Data Science
Sergio Torrico
2021-07-23
Excelente para el FRM 2
Escribo esta revisión en español para los hispanohablantes, soy de Bolivia, y utilicé
AnalystPrep para dudas y consultas sobre mi preparación para el FRM nivel 2 (lo tomé una sola vez y aprobé muy bien), siempre tuve un soporte claro, directo y rápido, el material sale rápido cuando hay cambios en el temario de GARP, y los ejercicios y exámenes son muy útiles para practicar.
diana
2021-07-17
So helpful. I have been using the videos to prepare for the CFA Level II exam. The videos signpost the reading contents, explain the concepts and provide additional context for specific concepts.
The fun light-hearted analogies are also a welcome break to some very dry content.
I usually watch the videos before going into more in-depth reading and they are a good way to avoid being overwhelmed by the sheer volume of content when you look at the readings.
Kriti Dhawan
2021-07-16
A great curriculum provider. James sir explains the concept so well that rather than memorising it, you tend to intuitively understand and absorb them.
Thank you ! Grateful I saw this at the right time for my CFA prep.
nikhil kumar
2021-06-28
Very well explained and gives a great insight about topics in a very short time. Glad to have found Professor Forjan's lectures.
Marwan
2021-06-22
Great support throughout the course by the team, did not feel neglected
Benjamin anonymous
2021-05-10
I loved using AnalystPrep for FRM.
QBank is huge, videos are great.
Would recommend to a friend
Daniel Glyn
2021-03-24
I have finished my FRM1 thanks to AnalystPrep. And now using AnalystPrep for my FRM2 preparation. Professor Forjan is brilliant. He gives such good explanations and analogies. And more than anything makes learning fun. A big thank you to Analystprep and Professor Forjan. 5 stars all the way!
michael walshe
2021-03-18
Professor James' videos are excellent for understanding the underlying theories behind financial engineering / financial analysis. The AnalystPrep videos were better than any of the others that I searched through on YouTube for providing a clear explanation of some concepts, such as Portfolio theory, CAPM, and Arbitrage Pricing theory. Watching these cleared up many of the unclarities I had in my head. Highly recommended.