FRM, as the name suggests, involves ‘managing risk’. To ‘manage’ a risk, it is very important to ‘measure’ the risk and hence, the term, Risk Measurement. So coming to the exam preparation, the method is very clear and involves three things: 1. Practice 2. Practice 3. More practice The reason for so much emphasis on practice is the fact that the number of formulas involved in the FRM curriculum is humongous. There is not a single formula that is unimportant. Every chapter, every section involves a lot of formulas. While preparing a topic, by the time you reach the end, you’ll forget the formulas you learnt at the initial part […]