How To Pass Actuarial Exams Presented By Brandon Stevens

How To Pass Actuarial Exams
Presented By Brandon Stevens
Outline
Background
 What It Takes
 The Process
 MythBusters

Background
Fall 2010
Exam FM
Spring 2011
Exam P
Fall 2011
Exam MFE
Spring 2012
Exam MLC
Fall 2012
Exam C
What It Takes
The Process
Step 1 - Locate Your Resources
 Step 2 - Schedule Your Time
 Step 3 - Find Your Support

Locate Your Resources
The Process – Locate Your Resources
Exam P
Exam FM
Exam MFE
Exam MLC
Exam C
Study
Manual
BPP
BPP
ASM
ASM
ASM
Notecards
BPP
BPP
BPP
BPP
BPP
Practice
Exams
ADAPT
ADAPT
ADAPT
ADAPT
ADAPT
Alternate Resource:
The Infinite Actuary (TIA)
The Process - Locate Your Resources
The Process - Locate Your Resources
The Process - Locate Your Resources
The Process - Locate Your Resources
The Process – Locate Your Resources
Schedule Your Time
The Process – Schedule Your Time

PLAN YOUR WORK,
THEN WORK YOUR PLAN
The Process – Schedule Your Time

Months
Days
Hours / Day
5
4
3
2
1
150
120
90
60
30
2.0
2.5
3.3
5.0
10.0
ALLOW FOR
CONTINGENCIES
The Process - Schedule Your Time
Month 1
LYR
Month 2
Study
Month 3
Study
Month 4
Study
Month 5
ADAPT
Find Your Support
The Process – Find Your Support
The Process – Find Your Support

Actuarial Outpost


Study Groups


http://www.actuarialoutpost.com/
https://math.illinoisstate.edu/actuary/undergrad/study_groups.shtml
Be An Actuary

http://beanactuary.com/#content
The Process – Find your Support
FIND A ROLE MODEL

You should start studying for an actuarial exam
when you take the corresponding course at ISU

There aren’t any actuarial exams that you can
take before completing Calculus II (MAT 146)

You can take the exams out of order
 Recommended
Order: FM, P, MFE, C, MLC
How To Pass Actuarial Exams
YOUR FAITH IN PASSING MUST BE
GREATER THAN YOU FEAR OF FAILING
Questions