FRM Exam- Set 2 (Part 1)

Description

FRM Part I Mock Exam – Set 2 Overview

1. Exam Structure & Content

Set 2 follows the official FRM Part I blueprint with 100 multiple-choice questions across the four core domains:

• Foundations of Risk Management (20 questions)

• Quantitative Analysis (20 questions)

• Financial Markets and Products (30 questions)

• Valuation and Risk Models (30 questions)

While the topic distribution mirrors Set 1, the specific question scenarios are reshuffled to test deeper conceptual links and ensure varied exposure

2. Realistic Difficulty & Timing

• Timed Conditions: 4-hour exam window, replicating the exact time pressure of the FRM Part I.

• Progressive Challenge: Early questions focus on core definitions and simple calculations; later questions ramp up complexity with multi-step problem solving.

This progression trains you both to build speed on easy items and to stay sharp for the toughest questions.

3. Detailed Solutions & Explanations

• Narrated Walkthroughs: Each answer features a clear, step-by-step explanation, including alternate solution paths where relevant.

• Curriculum Cross-References: Links back to core readings (e.g., GARP curriculum sections) so you can review the source material directly.

These annotations help cement your understanding and make subsequent review faster and more targeted.

4. Performance Insights

• Topic Breakdown: Post-test analytics show your score by domain, so you can immediately identify which areas—say, Quantitative Analysis or Valuation models—need extra attention.

• Pacing Report: You’ll see time spent per question bracket (e.g., questions 1–20 vs. 81–100), highlighting if your speed flags on longer, more intricate items.

Armed with these insights, you can adjust your pacing strategy and revisit weak spots efficiently.

5. How to Maximize Set 2

1. Timed First Pass: Complete all questions under strict time, then immediately note any timing bottlenecks.

2. Deep Dive Review: Re-take missed or slow questions in untimed mode, consulting the narrated solutions and flagged curriculum sections.

3. Targeted Drill: Create mini-quizzes of 5–10 questions from your lowest-scoring domain to reinforce those topics before moving to Set 3.

By leveraging Set 2’s structured variation and analytics, you’ll sharpen both your conceptual mastery and exam endurance—crucial ingredients for FRM success.