06-30-2005, 05:14 AM
The FRM Examination is a 5-hour, approximately 140 question multiple choice examination. The examination is split into two sections, each section is 2.5 hours in length and it is given in booklet form further more FRM additionally covers Operational and Integrated Risk Management which is not covered in CFA.
While CFA Examination divideded in 3 levels you can attend each level individually timing is 4 hours to solve the papers Level 1 & 2 consist of multiple choice questions while in Level 3 questions comes in 50% essay and 50% multiple choice format.
I guess that you are not fully aware of PBS current status, let me update ur information a little, five student cleared 2 parts in just 1 yr the course consist of total 4 parts, even ACCA takes about 3.5 yrs to pass, Mr. Javed khan is currently giving part 3 of CMA he also cleared LEVEL 1 of CFA.
If you examine the course outline throughly its is not entirely impossible to clear these certifications, as i said before this course is simply an integration of overlapping syllabi, i'll define you a little
CMA examination consist of 4 parts, you only have to clear 3 parts, part 4 is the combination of all 3 parts.
CFM also consist of 4 parts on the basis of CMA, 3 parts of CFM are exempted you only have to give its 4th part which is the combination of 3 parts of CMA and 1 extra subject,as for CFA its first Level is the combination of all 3 parts of CMA. In CFA & FRM course outline is exactly same except one extra subject which i mentioned earlier.
So you see If you clear 3 parts of CMA you can attend CFM and also CFA level 1.
CMA,CFM,CFA,FRM,CPA are all american based certifications all follows same pattern and GAAP rules so it is not entirely impossible but then again as you said different people different perspectives.
Yes one more thing all CMA papers are computerized results are online and comes immediately right after you finished.
Regards
Fahad A Khan
"It is the mark of an educated mind to be able to entertain a thought without accepting it"
While CFA Examination divideded in 3 levels you can attend each level individually timing is 4 hours to solve the papers Level 1 & 2 consist of multiple choice questions while in Level 3 questions comes in 50% essay and 50% multiple choice format.
I guess that you are not fully aware of PBS current status, let me update ur information a little, five student cleared 2 parts in just 1 yr the course consist of total 4 parts, even ACCA takes about 3.5 yrs to pass, Mr. Javed khan is currently giving part 3 of CMA he also cleared LEVEL 1 of CFA.
If you examine the course outline throughly its is not entirely impossible to clear these certifications, as i said before this course is simply an integration of overlapping syllabi, i'll define you a little
CMA examination consist of 4 parts, you only have to clear 3 parts, part 4 is the combination of all 3 parts.
CFM also consist of 4 parts on the basis of CMA, 3 parts of CFM are exempted you only have to give its 4th part which is the combination of 3 parts of CMA and 1 extra subject,as for CFA its first Level is the combination of all 3 parts of CMA. In CFA & FRM course outline is exactly same except one extra subject which i mentioned earlier.
So you see If you clear 3 parts of CMA you can attend CFM and also CFA level 1.
CMA,CFM,CFA,FRM,CPA are all american based certifications all follows same pattern and GAAP rules so it is not entirely impossible but then again as you said different people different perspectives.
Yes one more thing all CMA papers are computerized results are online and comes immediately right after you finished.
Regards
Fahad A Khan
"It is the mark of an educated mind to be able to entertain a thought without accepting it"
