Common FRM Mistakes – Part 3

Estimated reading time: 2 minutes



Part 3 of this series of looking at student mistakes now continues.

You may click here to read part 1.

Or click here to read part 2.


Leaving questions blank

This mistake should never be made in the exams (ever). GARP has made it clear that no student will be penalized for incorrect answers.

As a direct result of this stance, be sure that every single question has be covered before you leave.

It is absolutely okay to make a guess or two – this sort of thing will happen to most candidates.


Ignoring the time in the exam room

There will be a clock in the examination room and you must pay attention to it.

Time and again, we hear students say that they are extremely surprised at how quickly the time goes by when they sit down.

Don’t make the mistake of thinking there’s all the time in the world to do everything.

Always remember that time is limited and you are to use every bit of it wisely, from start to finish.

In the event that you do finish all questions before time’s up, then be sure to go over your answers and double-check as many as you can.

We all make simple mistakes under pressure and one cannot be too careful. It’s just better to safe than sorry.


Hyper-focusing on a few things

Remember that you are on a journey to become a better person as well as a better professional.

We know that some students will attempt to get pass the exam be trying to focus all their attention in a few areas and then hope for the best on D-day.

This is a bad tactic in so many ways.

Your objective is to learn and become a better/more-rounded individual. The goal is not just passing an exam. The goal is to learn.

Many have fallen into this trap and we urge you not to do the same. Study your books thoroughly and dedicate yourself to the profession.

Short-cuts will take you nowhere fast. Spend time to fully appreciate what is in front of you.


Not studying everything

Again, we stress that you must manage your time in such a way that you will be able to cover all the segments properly.

Start early and completely dedicate your efforts in this worthy goal.


Thank you!

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