For those of you who have started preparing for the Spring 2020 QFI IRM exam, you will notice that the syllabus has been updated. To help process through these new syllabus updates, we’ve summarized the full syllabus updates below. The TIA IRM seminar has now been fully updated to reflect these new syllabus updates! Now, it is time to get studying!
Section 1:
Dropped Readings:
- FERM Ch 1 (Sweeting), An Introduction to ERM
Added Readings:
- QFII-120-20: IAA Note on ERM for Capital and Solvency Purposes in the Insurance Industry, pp. 9-38
Section 2:
Dropped Readings:
- MIP Ch 9, Sections 1-4
- QFII-118-19: Four Faces of an Interest Rate Model, Fitton & McNatt, Chapter 11 of Investment Management for Insurers, Babble, David F. and Fabozzi, Frank J., 1999
Added Readings:
- Value at Risk, Jorion, Philippe, 3rd
Edition, 2007.
- Ch. 17: VAR and Risk Budgeting in Investment Management
- QFII-121-20: Chapter 2 of Quantitative Enterprise Risk Management
Section 3:
Dropped Readings:
- QFII-115-17: Chapters 2 and 3 of Liquidity Measurement and Management: A Practitioners Guide to Global Best Practices
Added Readings:
- Value at Risk, Jorion, Philippe, 3rd
Edition, 2007
- Ch. 7: Portfolio Risk: Analytical Methods (excluding Appendix)