Frm Part 1 Study Plan 5x156w

Reading Number Foundations of Risk Management 1 Risk Taking: A Corporate Governance Practice 2 Delineating Efficient Portfolios 3 The Standard Capital Asset Pricing Model 4 Nonstandard Forms of Capital Asset Pricing Models Applying the CAPM to Performance Measurement: Single5 Index Performance Measurement Indicators? 6 Information Risk and Data Quality Management 7 Financial Disasters Risk Management Failures: What Are They and When Do 8 They Happen 9 GARP Code of Conduct Comprehensive Test

Quantitative Methods 10 Probabilities 11 Basic Statistics 12 Distributions 13 Hypothesis Testing and Confidence Intervals 14 Linear Regression with One Regressor Regression with a Single Regressor: Hypothesis Tests and 15 Confidence Intervals 16 Linear Regression with Multiple Regressors Hypothesis Tests and Confidence Intervals in Multiple 17 Regression 18 Monte Carlo Methods 19 Estimating Volatilities and Correlations Comprehensive Test

Financial Markets and Products 20 Introduction (Options, Futures, and Other Derivatvies) 21 Mechanics of Futures Markets 22 Hedging Strategies Using Futures 23 Interest Rates 24 Determination of Forward and Futures Prices 25 Interest Rate Futures 26 Swaps 27 Properties of Stock Options 28 Trading Strategies Involving Options Fundamentals of Commodity Spot and Futures Markets: 29 Instruments, Exchanges and Strategies 30 Commodity Forwards and Futures 31 Foreign Exchange Risk 32 Corporate Bonds 33 The Rating Agencies

Number of AIM Statements 47 16 5 4 2 4 6 1 7 2

79 8 7 7 9 10 7 8 8 9 6

135 8 9 7 8 12 12 15 5 5 11 13 10 11 9

Comprehensive Test

Valuation and Risk Models 34 Measures of Financial Risk 35 Quantifying Volatility in VaR Models 36 Putting VaR to Work 37 Binomial Trees 38 The Black-Scholes-Merton Model 39 The Greek Letters 40 Prices, Discount Factors, and arbitrage 41 Spot, Forward, and Par Rates 42 Returns, Spreads, and Yields 43 One-Factor Risk Metrics and Hedges 44 Multi-Factors Risk Metrics and Hedges 45 Empirical Approaches to Risk Merics and Hedges 46 Country Risk Models 47 External and Internal Ratings 48 Loan Portfolios and Expected Loss 49 Unexpected Loss 50 Operations Risk 51 Stress Testing Principles for Sound Stress Testing Practices and 52 Supervision Comprehensive Test

149 8 9 9 5 9 11 7 8 9 9 9 7 7 8 9 4 9 9 3

Hours required Total Hours required for for practicing hours understanding problems required 20 11.5 31.5 5 1.5 6.5 3 1 4 2 1 3 1.5 1 2.5 2.5 1.5 2

1 0.5 0.5

3.5 2 2.5

1.5 1

0.5 0.5 4 Time allocated

2 1.5

32 3 4 4 6 2.5

26 2 3 3 3 2

58 5 7 7 9 4.5

2.5 2.5

2 2

4.5 4.5

3.5 2 2

3 1 1 4 Time allocated

6.5 3 3

36.5 2.5 2 2 2.5 2 2.5 3 2 3

27 2 1.5 1.5 2 1.5 2 2.5 2 2

63.5 4.5 3.5 3.5 4.5 3.5 4.5 5.5 4 5

2 3.5 2 2 1.5

1.5 2 1 1 0.5

3.5 5.5 3 3 2

4 Time allocated 43.5 2 3.5 3 2.5 3 3.5 2.5 3 2.5 2.5 2.5 2 1.5 1.5 1.5 1 2 1.5

30 1 2 2 2 2 2 2 2 2 1.5 1.5 1 0.5 0.5 1 0.5 1 0.5

73.5 3 5.5 5 4.5 5 5.5 4.5 5 4.5 4 4 3 2 2 2.5 1.5 3 2

2

1 4 Time allocated

3

Total hours required

226.5

Week-Day (Working Professionals) ( 2 Week- Day (for those who hours on working days and 6 on are not working)(hours weekends) Progress distributed uniformly) 1 1 1 1

-

Monday to Wednesday Thursday to Friday Saturday Saturday

1 1 1 1

-

Monday to Tuesday Wednesday Thursday Friday

1 - Saturday 1 - Sunday 1 - Sunday

1 - Saturday 1 - Sunday 1 - Sunday

1 - Sunday 2- Monday 2 - Tuesday and Wednesday 8 weekdays + 2 weekends

2 - Monday 2 - Monday 2- Tuesday 9 days

2 2 2 3 3

2 2 2 3 3

-

Thursday and Friday Saturday to Sunday Sunday and 3- Monday Tuesday to Friday Saturday

-

Wednesday and Thursday Thursday to Satuday Saturday and Sunday Monday to Wednesday Wednesday and Thursday

3 - Saturday and Sunday 3 - Sunday

3 - Friday and Saturday 3 - Saturday and Sunday

4 - Monday to Wednesday 4 - Thursday and Friday 4 - Friday and Saturday 4- Saturday 12 weekdays + 5 weekends

4 - Monday and Tuesday 4 - Wednesday 4 - Thursday 4 - Friday 17 days

4 4 5 5 5 5 5 5 6

-

Saturday and Sunday Sunday Monday and Tuesday Wednesday and Thursday Friday and Saturday Saturday Sunday Sunday and 6- Monday Tuesday and Wednesday

4 4 5 5 5 5 5 5 6

-

Saturday and Sunday Sunday Monday Tuesday and Wednesday Wednesday Thursday and Friday Friday and Saturday Sunday Monday and Tuesday

6 6 6 6 7

-

Thursday and Friday Saturday Sunday Sunday Monday

6 6 6 6 6

-

Tuesday and Wednesday Wednesday and Thursday Friday Saturday Saturday and Sunday

7 - Tuesday and Wednesday 13 weekdays + 5 weekends

6 - Sunday 16 days

7 - Thursday and Friday 7 - Friday and Saturday 7 - Saturday and Sunday 7 - Sunday and 8 - Monday 8 - Tuesday to Thursday 8 - Thursday to Saturday 8 - Saturday and Sunday 8 - Sunday 9 - Monday and Tuesday 9 - Wednesday and Thursday 9 - Friday and Saturday 9 - Saturday 9 - Saturday and Sunday 9 - Sunday 9 - Sunday 9 - Sunday and 10 - Monday 10 - Monday and Tuesday 10 - Wednesday

7 - Monday 7 - Tuesday and Wednesday 7 - Thursday and Friday 7 - Friday and Saturday 7 - Sunday and 8 - Monday 8 - Monday and Tuesday 8 - Wednesday and Thursday 8 - Thursday and Friday 8 - Saturday and Sunday 8 - Sunday and 9 - Monday 9 - Tuesday 9 - Wednesday 9 - Thursday 9 - Friday 9 - Saturday 9 - Sunday 9 - Sunday and 10 - Monday 10 - Tuesday

10 - Thursday and Friday 10 - Saturday 17 weekdays and 7 weekends

10 - Wednesday 10 - Thursday 25 days

Progress