Guide

FRM cheat sheet and revision notes: how to turn formulas into marks

A cheat sheet and revision notes only help if candidates can choose the right formula under exam pressure.

FRM Part 1Study workflowReadyPass guide

Group formulas by decision context: probability, regression, valuation, VaR, credit risk, and options.

Write units and substitutions before calculating, especially for duration, convexity, and VaR problems.

Use short recall drills between longer practice sessions so formulas stay available under time pressure.

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