Regarding Exam 1 syllabus

[varun]

Regarding Exam 1 syllabus

[Anonymous]

Hi

I am preparing for PRM Exam 1, but not quite clear with the exam contents.I am clear that topics like Exotic Bonds and Convertible bonds are not in the syllabus (as per prmia website) though they are part of the handbook.
But refering to the topic ‘Term structure of interest rates’ I can see a thorough updation topics and addition of newer sections like Ho Lee model , which were not present in the previous handbook.

Can someone guide whether these are part of syllabus or not, and should be studied or not?

Any help would be appreciated

Thanks

[Anonymous]

It looks like you are using old 2004 version of Handbook. The newest one is 2010 and available at PRMIA website for $$$.
Exotic Bonds and Convertible are excluded from exam I, no need to read.
‘Term structure of interest rates’ has some new topics, but all of my friends passed the exam without reading new topics.

[Anonymous]

Thanks for the response AndreevM.
Yes I am having 2004 handbook coz I thought the syllabus updation had happened only for Exam 3 topics.Was not aware even exam 1 topics were updated.
Thanks for the information though, appreciated.

[Author]

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