FRM Level I: Quantitative Analysis
The second course of the FRM Level I series and 20% of the exam. All fifteen official 2026 GARP readings for Quantitative Analysis, taught on one fund and one loan book: probability and Bayes' rule, the eleven named distributions, covariance and portfolio moments, estimators and the Central Limit Theorem, hypothesis testing, single and multiple regression, regression diagnostics, stationary and non-stationary time series, returns and volatility measurement, Monte Carlo and the bootstrap, and the machine-learning toolkit through to the confusion matrix. Every problem is stated in exam form and solved by hand on a BA II Plus before any code runs.
- Level: intermediate
- Duration: 4 weeks
- 10 sections
- Price: $29.99
Topics: FRM, FRM Part I, quantitative analysis, probability, Bayes' rule, random variables, probability distributions, covariance, correlation, sample moments, central limit theorem, hypothesis testing, p-value, confidence interval, linear regression, multiple regression, OLS, regression diagnostics, heteroskedasticity, multicollinearity, time series, autocorrelation, ARMA, unit root, volatility, Jarque-Bera, Monte Carlo simulation, bootstrapping, machine learning, logistic regression, regularization, decision trees, neural networks, confusion matrix, risk management, BA II Plus
What's inside
- FRM Level I: Quantitative Analysis
- Chapter 1: Probability, Random Variables and Distributions
- Chapter 2: Multivariate Random Variables and Portfolio Moments
- Chapter 3: Sample Moments, Estimation and Hypothesis Testing
- Chapter 4: Linear and Multiple Regression
- Chapter 5: Regression Diagnostics
- Chapter 6: Time Series — Stationary and Non-Stationary
- Chapter 7: Returns, Volatility, Correlation, Simulation and Bootstrapping
- Chapter 8: Machine-Learning Methods and Prediction
- Chapter 9: Quantitative Analysis Practice Exam