# PRMIA 8002 Exam Topics

**PRMIA 8002 Exam**

Mathematical Foundations of Risk Measurement :II

Total Questions: 132**What is Included in the PRMIA 8002 Exam?**

Authentic information about the syllabus is essential to go through the PRMIA 8002 exam in the first attempt. Study4Exam provides you with comprehensive information about PRMIA 8002 exam topics listed in the official syllabus. You should get this information at the start of your preparation because it helps you make an effective study plan. We have designed this PRMIA Mathematical Foundations of Risk Measurement certification exam preparation guide to give the exam overview, practice questions, practice test, prerequisites, and information about exam topics that help to go through the PRMIA Mathematical Foundations of Risk Measurement :II exam. We recommend you use our preparation material to cover the entire PRMIA 8002 exam syllabus. Study4Exam offers 3 formats of PRMIA 8002 exam preparation material. Each format provides new practice questions in PDF format, web-based and desktop practice exams to get passing marks in the first attempt.

### PRMIA 8002 Exam Overview :

Exam Name | Mathematical Foundations of Risk Measurement :II |

Exam Code | 8002 |

Actual Exam Duration | 120 minutes |

Expected no. of Questions in Actual Exam | 90 |

Official Information | https://prmia.org/Public/PRM/PRM_Handbook_Digital%20Resources.aspx |

See Expected Questions | PRMIA 8002 Expected Questions in Actual Exam |

Take Self-Assessment | Use PRMIA 8002 Practice Test to Assess your preparation - Save Time and Reduce Chances of Failure |

### PRMIA 8002 Exam Topics :

Section | Objectives |
---|---|

Chapter 1 | Reviews the fundamental mathematical concepts: the symbols used and the basic rules of arithmetic, equations and inequalities, functions and graphs. |

Chapter 2 | Introduces the descriptive statistics that are commonly used to summarize the historical characte ristics of financial data: the sample moments of returns distributions, ‘downside’ risk statistics, and measures of covariation (e.g. correlation) between two random variables. |

Chapter 3 | Focuses on differentiation and integration, Taylor expansion and optimization. Financial applications include calculating the convexity of a bond portfolio and the estimation of the delta and gamma of an options portfolio. |

Chapter 4 | Covers matrix operations, special types of matrices and the laws of matrix algebra, the Cholesky decomposition of a matrix, and eigenvalues and igenvectors. Examples of financial applications include manipulating covariance matrices, calculating the variance of the returns to a portfolio of assets, hedging a vanilla option position, and simulating correlated sets of returns. |

Chapter 5 | First introduces the concept of probability and the rules that govern it. Then some common probability distributions for discrete and continuous random ariables are described, along with their expectation and variance and various concepts relating to joint distributions, such as covariance and correlation, and the expected value and variance of a linear combination of random variables. |

Chapter 6 | Covers the simple and multiple regression models, with applications to the capital asset pricing model and arbitrage pricing theory. The statistical inference section deals with both prediction and hypothesis testing, for instance, of the efficient market hypothesis. |

Chapter 7 | Looks at solving implicit equations (e.g. the Black-Scholes formula for implied volatility), lattice methods, finite differences and simulation. Financial applications include option valuation and estimating the ‘Greeks’ for complex options. |

**Updates in the PRMIA 8002 Exam Topics:**

PRMIA 8002 exam questions and practice test are the best ways to get fully prepared. Study4exam's trusted preparation material consists of both practice questions and practice test. To pass the actual Mathematical Foundations of Risk Measurement 8002 exam on the first attempt, you need to put in hard work on these questions as they cover all updated PRMIA 8002 exam topics included in the official syllabus. Besides studying actual questions, you should take the PRMIA 8002 practice test for self-assessment and actual exam simulation. Revise actual exam questions and remove your mistakes with the Mathematical Foundations of Risk Measurement :II 8002 exam practice test. Online and Windows-based formats of the 8002 exam practice test are available for self-assessment.

- 50000+ Customers feedbacks involved in Products
- Customize your exam based on your objectives
- User-Friendly interface
- Exam History and Progress reports
- Self-Assessment Features
- Various Learning Modes