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  #251  
Old 06-22-2017, 03:12 PM
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15 days

Candidly, I wouldn't worry about whether the exam will be bad or not. The only thing that can come of it is more worry. Focus on your plan for the next two weeks. That's what matters and what you can control. Make a plan and execute. It's clutch time!

My plan is the following:

For the last few weeks I've been skimming through each section of the ASM manual, rereading my notes, and redoing most of the practice problems. This has been good to just freshen things up in my memory.

There are two weeks left, and I've got about half the sections left to go doing this. I'm going to work on it up until July 1st or 2nd, then I'm going to take most of the remaining days to really hammer on the sections where I know I'm weak(er) (Monte Carlo, exotic options, calculating Greeks, and probably some interest rate trees).

I'm going to do two more practice exams, one this weekend, and one the following weekend just to keep practicing my timing.

Fun times! What's everyone else doing for the next two weeks?

And after the exam I have a nice beer saved (some kind of barrel-aged Narwhal from Sierra Nevada). I also plan to take at least one mega-nap over the weekend. It's going to be awesome!

EDIT: I take that back. If people want to talk about the exam being friendly and fun because of the new syllabus - I'm all for that. Positivity and confidence are what we all need!
My enthusiasm has waned somewhat and I feel I'm dragging my feet through this last mile of the marathon. I'll try to do as many practice questions I can in this last 2 weeks.

Just committed to the October Exam S today. I think this motivates me a little, to just get through MFE and get it over with.
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  #252  
Old 06-22-2017, 03:14 PM
ToBeAnActuaryOrNotToBe ToBeAnActuaryOrNotToBe is offline
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Haven't started practice problems yet. I finish studying the material on Sunday then I have 2 weeks to do practice problems. I'm sprinting right now. Got rid of all of my social obligations and will take some personal days soon.
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  #253  
Old 06-22-2017, 04:32 PM
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Art_Vandelay Art_Vandelay is offline
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Quote:
Originally Posted by The Disreputable Dog View Post
15 days

Candidly, I wouldn't worry about whether the exam will be bad or not. The only thing that can come of it is more worry. Focus on your plan for the next two weeks. That's what matters and what you can control. Make a plan and execute. It's clutch time!

My plan is the following:

For the last few weeks I've been skimming through each section of the ASM manual, rereading my notes, and redoing most of the practice problems. This has been good to just freshen things up in my memory.

There are two weeks left, and I've got about half the sections left to go doing this. I'm going to work on it up until July 1st or 2nd, then I'm going to take most of the remaining days to really hammer on the sections where I know I'm weak(er) (Monte Carlo, exotic options, calculating Greeks, and probably some interest rate trees).

I'm going to do two more practice exams, one this weekend, and one the following weekend just to keep practicing my timing.

Fun times! What's everyone else doing for the next two weeks?

And after the exam I have a nice beer saved (some kind of barrel-aged Narwhal from Sierra Nevada). I also plan to take at least one mega-nap over the weekend. It's going to be awesome!

EDIT: I take that back. If people want to talk about the exam being friendly and fun because of the new syllabus - I'm all for that. Positivity and confidence are what we all need!
my plan --
10 question ADAPT quizzes (difficulty 4-7), section by section, until I am able to reach 90%+, then move on to the next section. today I am starting this for section 10 so three more to go. I am hoping to finish this by Sunday. then I will begin smashing practice exams for the the following two weeks up until exam day - July 12.

I will probably take some advice from your plan and focus on weak areas if I start to notice any spots where I'm reeeeeaaalllllyyyy struggling. right now my main weak area is not a specific topic, but finishing the exam within the 3 hours. so that is my main focus for now!
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  #254  
Old 06-23-2017, 02:15 PM
ToBeAnActuaryOrNotToBe ToBeAnActuaryOrNotToBe is offline
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CoachingActuaries just added a video on "Calculating Option Greeks." I'll go watch it after work.
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  #255  
Old 06-23-2017, 02:30 PM
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hmm SOA sample problems are kinda trickier than I expected..especially the ones that doesn't involve a lot of calculation
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  #256  
Old 06-23-2017, 04:54 PM
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14 days

Was this the second set of sample problems that was tricky?
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  #257  
Old 06-23-2017, 05:08 PM
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Quote:
Originally Posted by The Disreputable Dog View Post
14 days

Was this the second set of sample problems that was tricky?
No...the first set. I was shocked that I couldn't even get the first problem (about zero-cost purchased collars) right. I still don't understand the solution to this one I think I'm fine with previous MFE materials.
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  #258  
Old 06-23-2017, 05:28 PM
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Have y'all done the SOA sample problems? I've seen mixed thoughts on how helpful they are. I guess if time allows..... \_(ツ)_/
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  #259  
Old 06-24-2017, 11:40 AM
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13 days!

Yeah, I remember a handful of earlier questions on the first sample set were a little tricky. And you're right, they were often the less computational ones. For me a lot of it was stuff that I just didn't notice as relevant/testable. For instance, who cares what the notional value of a call is? (Forgive me, I'm on the PC side. Maybe there's a reason to care about the notional value of a call.) I will say that I did finally learn that it's "notional" and not "notational" - as I'd written in all of my notes.

The zero-cost collars are something that I keep forgetting about, and they're probably worth reviewing. It seems like they keep coming up.

BJB, I've only done the first set of SOA sample problems. I realized afterward that the ASM manual includes them in its own practice problem sections, so I haven't prioritized them as highly (you're exactly right - "as time allows") since then. I figure I've seen most/all of them at some point in ASM.
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  #260  
Old 06-24-2017, 02:25 PM
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how does adapt rate their difficulty? i've gotten level 6-7 problems that were not that bad and ones that were level 0 something that i f'd up but the solution didn't look THAT easy
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