Finance, FRM

FRM Books – Which Material should you use?

FRM Books – Which Material should you use?

While preparing for the FRM Exam you will find so many suggestions and books to prepare. Below is the list of books or materials available for your preparation.

Below are available Books/Preparation Material – FRM Books

GARP Institute Book – 

Pros:

  • You get a detailed understanding of the concepts
  • Reliable as provided by the institute so can be sure all concepts will be covered

Cons:

  • Too Lengthy –  It will take more time to complete one reading of the books.
  • Language is not easy –  Many sections were difficult notation are used.

 

Bionic Turtle Notes:

Pros:

  • Further detailed understanding of the concepts with lot of interesting diagrams.
  • A lot of Concepts are explained with  Excel along with its Screenshot.

Cons:

  • Most of the concepts are straight forward taken from GARP without any change
  • Exhaustive for preparation but time-consuming
  • Language is not easy

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Schweser Notes:

Pros:

  • Most popular of all the notes available for FRM Preparation
  • Simple language for concepts explanation
  • Around 60% of the candidate use Schweser FRM books for preparation
  • It covers the concepts as much needed for clearing the exam.
  • Concise version of the Institute notes
  • Preferable notes if you are new for Finance or coming from Engineering Background

Cons:

  • Since it is a Concise version of the GARP Notes – some of the concepts are not explained as detailed as should have been.

Wiley Notes:

Pros:

  • It covers the concepts as much needed for clearing the exam.
  • Concise version of the for easy preparation.

Cons:

  • Language is not easy –  Many sections were difficult notation are used.

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FRM Handbook – Philip Jorian

Pros:

  • Covers the most important topics in detail.
  • Includes Past Year FRM Exam Questions for preparation

Cons:

  • All Chapters are not included for all the books.

 

Reading with the combination as Below should be good for clearing the exam in First Attempt:

  • Schweser Notes for Most of the chapters
  • Bionic Turtle or FRM Handbook for some difficult chapter for concept clarity

To summarize, to clear exams Schweser notes are enough. After exams, reference books can be read to get more knowledge.

Book your FRM Demo Session Click Here

FRM Books – Question Bank for Exam

Bionic Turtle Questions are one notch above exam requirement and hence the best question bank Material available for the Exam.

Don’t rely on the Schweser Questions as they are easy and should be used to gain confidence in simple concepts and formulas.

In case you need more assistance in preparing for the Exam contact us +91 9819137880

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