So nicely explained thanks for vedio people like me who does not have access to resource will be benifit by it keep it up sir You r doing excellent job
Hello James, Your videos are great! Can you please upload a video for " How to prepare for FRM Exam in 4 months?" for someone who has cleared CFA L1 and has an engineering background.
Hi. Thank you for your kind words! We take your input and will try to do a video like this. In the meantime, you can read our FRM 3-month study plan here: analystprep.com/blog/frm-part-1-exam-3-month-study-plan/
Yes, the FRM certification would help you land a job in the risk management field. However, since you graduated in 2013 you might need to put in lots of efforts.
@@analystprep thank you. What more skillset or certification i can work to get a good job. As i was running a small business of my own for last 6 years. Thank you once again
The formal definition of VaR from Wikipedia is: "Value at risk (VaR) is a measure of the risk of loss for investments. It estimates how much a set of investments might lose (with a given probability), given normal market conditions, in a set time period such as a day." For example, if a portfolio of stocks has a one-day 5% VaR of $1 million, that means that there is a 0.05 probability that the portfolio will fall in value by more than $1 million over a one-day period if there is no trading. Informally, a loss of $1 million or more on this portfolio is expected on 1 day out of 20 days (because of 5% probability). This is what you have to understand at this point in your studies. However, we'll be spending a lot of time on VaR calculations in the next few FRM part 1 books. You'll then be able to understand this concept a lot more clearly.
Thank you James. The videos are precise and clear. The content is Clear and the examples used are easy to relate.
You're welcome. Glad you like it!
So nicely explained thanks for vedio people like me who does not have access to resource will be benifit by it keep it up sir
You r doing excellent job
You're welcome and thank you for the kind words!
Thank you for your great lectures. I hope that you will continue uploading videos for FRM part 1 book 4 .
Hi. Yes, we will be continuing uploading videos every week.
Hello Anh.. have you completed FRM part 1. Can you help me my whatsapp number is +919899091028
Thanks a ton! James sirji !! This was quite insightful and easy to understand.
Glad you liked it!
Thanx for uploading such useful videos.Pls also sugeest study materials for FRM
You're welcome. analystprep.com/frm has everything you need to pass the exam. Simply register an account and get started right away.
Hello James,
Your videos are great! Can you please upload a video for " How to prepare for FRM Exam in 4 months?" for someone who has cleared CFA L1 and has an engineering background.
Hi. Thank you for your kind words! We take your input and will try to do a video like this. In the meantime, you can read our FRM 3-month study plan here: analystprep.com/blog/frm-part-1-exam-3-month-study-plan/
Hello Sir,
I'm a big fan of you. I love the way you teach.
Sir one of my request is, can I get the pdf copy of your lacture.
Thanks
Hi. They are included in AnalystPrep's premium packages at app.analystprep.com
Would it be a good decision to take frm exam after graduating in 2013 and having no prior experience.
Would it help in getting a good job.
Yes, the FRM certification would help you land a job in the risk management field. However, since you graduated in 2013 you might need to put in lots of efforts.
@@analystprep thank you. What more skillset or certification i can work to get a good job. As i was running a small business of my own for last 6 years.
Thank you once again
VaR is interpreted as the minimum expected loss while in FRM it is the maximum loss ,so which one is correct?
The formal definition of VaR from Wikipedia is: "Value at risk (VaR) is a measure of the risk of loss for investments. It estimates how much a set of investments might lose (with a given probability), given normal market conditions, in a set time period such as a day."
For example, if a portfolio of stocks has a one-day 5% VaR of $1 million, that means that there is a 0.05 probability that the portfolio will fall in value by more than $1 million over a one-day period if there is no trading. Informally, a loss of $1 million or more on this portfolio is expected on 1 day out of 20 days (because of 5% probability).
This is what you have to understand at this point in your studies. However, we'll be spending a lot of time on VaR calculations in the next few FRM part 1 books. You'll then be able to understand this concept a lot more clearly.