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PrepSmarter Learning App

Study

and practice to pass.

PrepSmarter has over 4,000 questions for FRM. PrepSmarter dynamically identifies your knowledge gaps and releases the right learning, at the right time, so you can focus on your weaknesses while retaining your strengths.

Flexible Pricing

  • Curious
  • 0
  • 100 Unique Practice Questions
  • Expires Jun 01, 2017
  • Believer
  • 30
  • 1000 Unique Practice Questions
  • 2 Full-length mock exams
  • Expires Jun 24, 2017
  • Determined
  • 120
  • Unlimited Practice Questions
  • 8 Full-length mock exams
  • 1:1 doubts clarification
  • PASSPROMISE
  • Expires Nov 18, 2017

Ultimate Product Comparison

  •  
  • GARP Approved Prep Provider
  • # of Questions for Part I
    (with answers and detailed explanations)
  •     Customizable Practice Sessions
  • # of Full-length Practice Exams
  •     Customizable Practice Exams
  • Multi Dimensional Review
  • Perfomance Metrices
  • Adaptive Learning
    (So you don't waste your time)
  • Confidence based Learning
    (to build mastry)
  • Spaced Reinforcement
    (so you remember longer)
  • Global Contests
  • Discussion Forum
  • Fully-loaded Android Application
    (4.5 rating, 9,000+ downloads)
  • Price
  • Schweser
  • 1,200+
     
  • 0
  • Some

  •  

  •  

  •  

  •  
  • 249
  • Bionic Turtle
  • ~1,100
     
  • 0

  •  

  •  

  •  

  •  
  • 249
  • Wiley
  • 485+
     
  • 0

  •  

  •  

  •  

  •  
  • 99

What others are saying

What's included? Everything.

Adaptive daily practice

Unlimited daily practice questions, adapted to your proficiency - higher your proficiency level, harder the questions. Don't waste time doing easy questions.

Multi-dimensional Review

Review previously attempted questions based on correctness, confidence level and topics. You can also bookmark questions and review them later.

Global Contests

Compete with candidates from around the world and see how you stack against others. Win exciting prizes and be featured on our leaderboards.

Anytime, Anywhere Learning

PrepSmarter is designed and developed to look perfect on a full range of devices so you have an impeccable learning experience wherever you are.

Features
Full-length mock exams

Full length practice exams cover only the topics you've already studied and not the ones you haven't. Taken under real exam conditions, these build discipline and stamina.

Rich, actionable insights

Only PrepSmarter reports your speed, accuracy and proficiency and also compares these to other candidates. So you know how you're doing and how you stack against others.

Discussion Forum

Discuss your doubts with other candidates and professionals on our discussion forum.

Our PASSPROMISE

We are confident you'll pass in the first attempt. We make a promise - If for some reason, you don't pass, we'll issue a PrepSmarter credit, equal to your payment, for use towards the next exam.
We stand behind you — even if it takes a second try.
*Available with full (determined) subscriptions only

Question of the day

May 25 | #2000005714

A risk manager is examining a Hong Kong trader’s profit and loss record for the last week, as shown in the table below: 

Trading Day Profit/Loss (HKD million)
Monday 10
Tuesday 80
Wednesday 90
Thursday -60
Friday 30

The profits and losses are normally distributed with a mean of 4.5 million HKD and assume that transaction costs can be ignored. Part of the t-table is provided below: 

Percentage Point of the t-Distribution P(T>t) = α
Degrees of Freedom 0.3 0.2
4 0.9 0.9
5 0.0 0.9

According to the information provided above, what is the probability that this trader will record a profit of at least HKD 30 million on the first trading day of next week? 

 
 
 
 

How confident are you?

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