# Topic: PRM Exam II

## How to Study for PRMIA Mathematics Section

The exam II of the PRM Certification conducted by PRMIA is about mathematical foundations of risk management. As the risk management profession becomes more important and dependent on quantitative models, it is essential for a risk manager to possess adequate...## All About PRM Exam II

In the previous article we talked about the PRM Exam I, where the focus of the exam was to build the foundation of finance theory, financial instruments, and financial markets. This article discusses PRM Exam II: Mathematical Foundations of Risk Measurement. One of...## Statistical Foundations: Mean and Standard Deviation

Many financial calculations and estimations require a statistical analysis of the variability of past market returns. Because we have strong evidence that market returns are approximately normally distributed, we can estimate potential market movements with a given...

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