1. Exam Structure & Content

Set 4 sticks to the official Part I layout with 100 multiple-choice questions divided into:

• Foundations of Risk Management (20 Qs)

• Quantitative Analysis (20 Qs)

• Financial Markets and Products (30 Qs)

• Valuation and Risk Models (30 Qs)

In this set, we’ve introduced advanced case-driven questions—mini case studies that require you to synthesize across topics, just as you’ll need to do on exam day.

2. Realistic Difficulty & Timing

• 4-Hour Timer: Simulate the full exam experience under timed conditions.

• Case Study Focus: Mid-section questions include multi-part scenarios that reward a deep understanding of core concepts and their interconnections.

Practicing these integrated cases will sharpen your ability to navigate complex, layered problems.

3. Detailed Solutions & Explanations

• Integrated Walkthroughs: Each case-based question includes a narrative solution that shows how to break down multi-part prompts into manageable steps.

• Reference Tips: We flag which GARP curriculum readings align with each scenario for targeted review.

This helps you not only solve the question, but also build a systematic approach for any hybrid problems.

4. Performance Analytics

• Topic & Case Scores: See your accuracy on straightforward questions versus case-based ones, so you know whether to focus on pure theory or applied practice next.

• Time vs. Question Type: Track whether cases eat up more time—then practice pacing those sections to balance speed and depth.

These analytics empower you to refine both knowledge and strategy before tackling the final set.

5. How to Maximize Set 4

1. Timed First Run: Complete all questions under strict timing, noting case-study pacing.

2. Narrative Review: Read each case’s walkthrough in full, then restate the solution in your own words to cement the method.

3. Targeted Case Drills: Create two “mini cases” by combining questions from different domains and practice treating them as one problem.

By mastering Set 4’s integrated cases, you’ll boost your adaptability and analytical thinking—essential for handling FRM’s toughest questions.