![]() ![]() Don't skip any bullet points, and make sure you write/explain things in a language that you will understand. This 10-20 page, formula-dense packet will be used from this point on as the replacement for your study manual. Once you have done this, your fourth step is to make a study packet that exactly follows the exam syllabus. Most study manuals have an adequately in-depth explanation for each topic, so don't skip over it!Ĥ. You need to know why each formula is structured the way that it is and be able to manipulate it accordingly on the exam. ![]() Just knowing which numbers to plug where won't cut it. You need a DEEP UNDERSTANDING of all topics on the syllabus. But be careful: if that topic builds on a topic that is mentioned on the syllabus, you might want to be safe and familiarize yourself with the concept.Īnd this next tip is very important: You need to know the material. If you come across a section that is not mentioned on the syllabus, a question on that material will probably not turn up on your exam. It will help you to get a grasp of the material that will be covered on the exam. This will most likely be the majority of your studying. Once you have your textbook, your third step is to read through it while taking notes and doing some problems along the way. Finan can also be found online at A Probability Course for the Actuaries: A Preparation for Exam P/1 and A Basic Course in the Theory of Interest and Derivatives Markets: A Preparation for the Actuarial Exam FM/2.ģ. Free, comprehensive and continuously updated study manuals by Marcel B. As these seminars and eCourses can get a bit pricey, most stick with one of the aforementioned textbook manuals. Some alternatives (or supplements) are The Infinite Actuary (TIA) online seminars and the Coaching Actuaries eCourses and ADAPT software. The most popular textbook study manuals are from ACTEX Publications and Actuarial Study Manuals (ASM). The second step is to get yourself a good study manual. the sitting), so be sure to find the syllabus that corresponds to the month during which you are signed up to take it.Ģ. This material sometimes varies depending on the month the exam is offered (i.e. This syllabus will outline the material that will be covered on the exam, which will give you a good idea of what and what not to study. The first step is to find the exam syllabus online at.
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