:: Topic: KESDEE PRM 3 content

Risk Education
PRM Exam Preparation

A resource for the Professional Risk Manager (PRM) exam candidate. Sample PRM exam questions, Excel models, discussion forum and more for the risk professional.

About RiskPrep

About the PRM

Home
My Exams
- Exam1 (Finance)
- Exam2 (Math)
- Exam3 (Risk)
- Exam4 (Cases)
Forum
Blog
All Tutorials
FAQ
Contact us

Welcome, Guest

Forum

KESDEE PRM 3 content - outdated

TOPIC: KESDEE PRM 3 content - outdated

KESDEE PRM 3 content - outdated 28 Jul 2018 07:49 #1487

tapmi4212 OFFLINE Fresh Boarder Posts: 1 Karma: 0	I notice that the KESDEE content for PRM 3 has not been updated for 2015. They agree but their response to my follow-up queries (when wil they update, can I get a refund etc.) have been slow. Has someone else had similar experiences?
	The administrator has disabled public write access.

KESDEE PRM 3 content - outdated 19 Dec 2018 21:35 #1531

Khaled OFFLINE Fresh Boarder Posts: 6 Karma: 0	I felt that PRM I had the same issue
	The administrator has disabled public write access.

KESDEE PRM 3 content - outdated 18 Feb 2019 19:31 #1542

bongoplayer OFFLINE Fresh Boarder Posts: 3 Karma: 0	Their content is orientated towards the 2011 syllabus. I asked for a refund but havent heard back. They were good for exam 1 but not so much for exam 3
	The administrator has disabled public write access.

KESDEE PRM 3 content - outdated 28 Feb 2019 23:10 #1544

WizardManx1 OFFLINE Fresh Boarder Posts: 7 Thank you received: 1 Karma: 0	Ive been using it so far for an exam I have next week, so does that mean im busted? How do you know for fact its not suitable - where does it say? 2011 is supposed to be shorter, this is 23 chapters?
	The administrator has disabled public write access.

KESDEE PRM 3 content - outdated 01 Mar 2019 07:06 #1545

bongoplayer OFFLINE Fresh Boarder Posts: 3 Karma: 0	You will still be learning from it so that's good. But when I looked at the 2011 syllabus it correlated perfectly with the kesdee chapters Doesn't necessarily mean you're busted
	The administrator has disabled public write access.

KESDEE PRM 3 content - outdated 02 Mar 2019 14:28 #1546

WizardManx1 OFFLINE Fresh Boarder Posts: 7 Thank you received: 1 Karma: 0	So what's the best material for 3?
	The administrator has disabled public write access.

KESDEE PRM 3 content - outdated 04 Mar 2019 11:10 #1547

bongoplayer OFFLINE Fresh Boarder Posts: 3 Karma: 0	Unfortunately the text books. I say unfortunately because there is so much of it. The risk prep tutorials are good too and a general understanding of risk
	The administrator has disabled public write access.

KESDEE PRM 3 content - outdated 04 Mar 2019 20:24 #1548

WizardManx1 OFFLINE Fresh Boarder Posts: 7 Thank you received: 1 Karma: 0	Ive a fairly good understanding of the principles etc but at this point Im just gonna have to try and muscle memory the risp prep questions & hope for the best/that some of it is relatable. Will most likely report back with how I've miserably failed.
	The administrator has disabled public write access.

KESDEE PRM 3 content - outdated 04 Jun 2019 14:56 #1559

WizardManx1
OFFLINE
Fresh Boarder
Posts: 7
Thank you received: 1
Karma: 0

WizardManx1 wrote:

Ive a fairly good understanding of the principles etc but at this point Im just gonna have to try and muscle memory the risp prep questions & hope for the best/that some of it is relatable.

Will most likely report back with how I've miserably failed.

Yeah, I did the exam and I think I got 24/60.

There were loads of questions with extremely poor grammar.

There wasn't a single calculation question.

They were mostly generic questions regarding various things like;

-Cmbs
-Basel ii
-Loss given default and pd
-Operational risk
-Hhi vs hh
300: 200: 100 rest were 10m
What was the hh number and index (2questions)
-Bermudan swap
-Fsa 2009 question - liquidity risk 2009
-Principples of prmia - which one is not a principle
-deferral of pay
-Revolving mbs x2
-Credit risk officer role
-Alm and alco
-Fva/xva/cva/dva
-kri
-Top down approach
-Expected exposure
-Kurtosis/leptokurtosis
-Options pricing approach
-Contingent claims approach
-Internal operational risk management
-Plenty of true/false questions
-Risk Adjust Performance measures
-Risk Adjusted Returns question
-Retail risk based pricing
-Interest Rate swap question
-Credit spread question
-Yield curve question
-Floating for fixed question
-Extreme value theory or extreme something question maybe evtreme value
-Assumption of normality - fat tails
-Sharpe ratio
-Cds of an index question
-Feedback effects
-What is a balance sheet
-Isda questions about netting / terms / events of defaults
-Multi netting / bilateral close out netting questions
A give 20 to b
B give 15 to c
C give 10 to a

What did the netting agreement save?

Sit it again in a couple of weeks and will just try and brush up on the above to make up the extra 12 or so marks but can tell you the Kesdee is pretty useless as are most of the questions on RiskPrep minus whatever's mentioned above.

The administrator has disabled public write access.

The following user(s) said Thank You: Khaled

KESDEE PRM 3 content - outdated 22 Jun 2019 19:46 #1589

BEPARIA1 OFFLINE Fresh Boarder Posts: 12 Karma: 0	Is it enough to solve and practice risk prep questions and pass?Who ever is saying reading full 1000 pages throughly are remembering..its nearly impossible.It would b great if you share the strategy?
	The administrator has disabled public write access.