2008 APM Exam

[rekrap]

Welcome and good luck with studying for the May 2008 APM Exam.

There are threads available from the 2007 sitting which provide places to review previously discussed or to continue discussing topics related to specific texts and exams:

Hull (http://www.actuarialoutpost.com/actuarial_discussion_forum/showthread.php?t=101205)
Hardy (http://www.actuarialoutpost.com/actuarial_discussion_forum/showthread.php?t=101206)
Crouhy: Risk Mgmt (http://www.actuarialoutpost.com/actuarial_discussion_forum/showthread.php?t=101211)
Fabozzi: HOFIS (http://www.actuarialoutpost.com/actuarial_discussion_forum/showthread.php?t=101207)
Inv Mgmt and SNs (http://www.actuarialoutpost.com/actuarial_discussion_forum/showthread.php?t=101213)

Annotated Formula Sheet (http://www.actuarialoutpost.com/actuarial_discussion_forum/showthread.php?t=101586) (Assuming it's still similar to the 2007 exam)

If you have any general points or need encouragement, feel free to use this thread, otherwise help everyone out by searching for possible answers to your question first, then if you still need to post your question, try an appropriate thread to help others search for it later.

:tup:

[rekrap]

Question from another thread, which may be of general use:
Would you please share some of the usefule study techniques? I am very struggling with the written exams as I dunt have enough industry experience to fully understand the material.

How many months did you spend on this exam and have you go through all the reading?

Start studying around the first of the year: not too early (e.g., now) or you will burn out before May (or peak in April) but not too late (e.g., March) else you will wish you had started sooner.

Try to read everything at least once, even if it's a cursory glance at some of the more obtuse study notes (using the study manual outlines to condense the material into the useful items.

Work the examples and problems in Hull (especially those suggested by Carmody) - it should be obvious which ones are helpful in preparing for the exam and which ones are just busy work or not relevant (like "Prove that...").

Work through the examples in Hardy and other texts for a sense of how the formulas and concepts go together, and see how the tables and numbers were determined.

With a month to go, start reviewing your condensed outline or notecards, work more practice problems and past exams, and read over the case study and formula sheet just to familiarize yourself with them. You will notice that certain topics come easier to you than others, go back to the source to improve your understanding as best you can (or come to this forum and ask questions, of course).

Good luck.

[rekrap]

From the new syllabus discussion thread (http://www.actuarialoutpost.com/actuarial_discussion_forum/showthread.php?p=2426947#post2426947):

... I notice only a couple new readings, actually.

Yes, it's a lot of reading. I started last November for the spring 2007 sitting. I got a 6 on the exam. Take it as you will.

[rekrap]

:study:

[TiderInsider]

:study:Is that Hull you are reading or Lombardi?