hanvinh

There are a few open-ended AM exam questions in the past that I noticed when practising with 07–09 old exams:
2008 Q7B – Recommend one other stress testing method, in addition to stylized scenarios, to effectively supplement VAR. Explain one advantage of this method.
2007 Q3 that asks us to list 2 psychological traps.
Although there have not been many such type of questions, I agree that we do have to memorize well if we run into one. Overall, open-ended questions only occupies a very small proportion of the essay paper.