Progress on course 2

[Bama Gambler]

how are my fellow course 2 takes coming along? i have covered most of the material, but am far from mastering it.

Bama Gambler

[bg23516]

Done with reading of:
Price Theory
Interest Theory
On Ch. 12 of Finance.
Haven't touched Macro

I did a lot of studying for price theory already, so I've been ignoring it for 2 weeks or so. Just reading finance and doing review. Did a lot of Interest Theory problems before but I've been ignoring until today. Short term goal is to review all interes theory concepts and do lots of practice problems on the IT material.

Done about 150-175 hours so far.

[Bama Gambler]

150 hours? that's great!! i thought i was doing good and i have only put in 80. i am in the same boat as you. i have not touched the macro, up to ch. 16 in finance, and done with reading the micro and i.t.

Bama Gambler

[drctypea]

bama..how did you go through all that material in only 80 hours. me and bg study together and i know he works quicker than me..but 80 hours for all that material is ridiculous....you reading the material carfully? taking notes? doing problems? give me some pointers :smile:..ive read all i.t...and up to chapter 12 in finance...and 4 in micro..nothing on macro yet..doing lots of practice questions though as i go...think im skipping right to wacc and options though..this part of the finance i feel is most important...

[Bama Gambler]

Interest Theory: read chapters 1-4 carefully and worked many problems from CSM study manual. i am going to the NEAS seminar next week. batten teaches the interest theory and everyone says he is the best. so i am not going to read 4-8.

Micro: went through the material pretty fast b/c i had micro in college. course of action - read chapter and then work problems from CSM manual.

Finance: i am not reading the text (well actually i read the first few chapters) b/c i found the text had too much non-exam material. i am reading Weiss study notes and working problems from CSM study manual.

i had to really fly thru the material b/c i wanted to see most of it before i went to the seminar. i have by no means mastered the material. i just wanted the terms and problem types to be familar so that i could get the most out of the seminar. i still have to committ a lot of the details to memory.

Bama Gambler

[drctypea]

i see what you did bama..that was my strategy at first to fly through the material but then i felt like i wasnt retaining anything so im going slower and trying to master things i think will be tested. i have taken all these classes in college (aside from int. theory) so i have a good knowledge of them (i actualy have an economics degree) but the questions are still much more difficult and require much more insight than anything i did in school..in other i still need to study my a*s off...oh well..soon itll be over...and ill prob be taking it again..:smile:

[bg23516]

Yeah, it was closer to 150 hours. I did 2 hours per day for january, and 3 hours a day for february, with a few 6-8 hour days... Adds up to 150 or so.

The Corp Finance material is REALLY dull. I'm so bored with it. I'm glad to be done with the interest theory text so I can just start doing lots of the problems.

Dave, I'll probably talk to you this weekend.

Marc

[rawl316]

Bama, where did you get the Weiss study notes from? I agree that the finance stuff is by far the most boring. I have no problems studying micro and interest theory. Please let me know where you got the study notes from. Thanks.

[glenn]

The Weiss notes is the Finance part of the Temple study guide:

$48.00:

http://www.rapidact.ca/cgi-bin/actuaryus.cgi/C2-TempleFinance

[drctypea]

bama..you think that the study manual is worth it. right now im reading the chapters but mainly practicing the questions from csm. you think i shoudl pick up weiss manual. are the outlines any better than csms or actex or asms. thanks

[Bama Gambler]

the weiss manual is ok. it is not in outline form. it basically summarizes each chapter. my company paid for my study materials so cost was not really an issue. if you have to purchase the manual yourself, then i think you should probably stick with what you got. i don't know how the weiss manual compares to the actex or asm manuals (i have not seen those manuals).

Bama Gambler

[asalsharifi]

are the any course 2 "first timers"?

[bg23516]

yeah, I am. Passed 1 last may, didn't sit in November. Started studying Jan. 2.

[rookie]

my first time too, just passed one in Nov. I have gone over the Micro and Macro and I am on Ch 6 of Interest theory, havent touched finance yet. I started studying in the end of January. I am also going to read the Klein how to pass manual after I get through all the material. If anyone has started reading that yet, please let me know what you think of it, is it very useful?

[drctypea]

hey..also taking 2 for the first time...started studying feb 2. i think the klein manual is "off"...he gives you the types of questions on the exam but not much in the way of practice questions or what i would call detail. i dont think that you can rely on that to pass but thats just my opinion..others rave about it.

[asalsharifi]

any 1st timers in the bay area?