FRM Exam November 2017 - Candidate Feedback
I just sat the FRM Part I exam in Sydney yesterday and was wondering how you all went?
Given that I’ve already passed both the CFA and CAIA in previous years, I only studied for this exam for around 5 weeks thinking that it would be enough to get me through. Wow…this exam was way more challenging than any CFA or CAIA exam. I wouldn’t so much say that it was extremely difficult but to finish this exam on time was a near impossibility. No CFA/CAIA exam ever had this many calculations - i think it was like 65/35% skewed towards calcs. Usually I found that CFA official mocks were way harder than the real thing, but here I reckon that it was the opposite. GARP really aggressively test topics, I picked up on some things that would’ve fooled a lot of people if they weren’t concentrating. GARP really make sure that you know your content!
I answered around 92 questions and had to blind guess the rest as I ran out of time. Out of the 92 questions I did answer I had to blind guess maybe 5-7 questions and was 50/50 on at least 15 questions.
Honestly i couldn’t see the minimum passing score being any higher than 55% or so for this exam.
How did you go?