Spring 2012 Exam Discussion

[BlueGuardian]

OK, it's no longer April 26 anywhere in the world (by a large margin). What did you all think of the test?

Honestly, I thought it was a fair test. There wasn't anything out of left field that I had no clue on. I was rushed to write out what I wanted on a couple of the problems, but I may have been getting off-topic, too.

[Runner-JRBS]

Completely blanked on the Sharpe Ratio, etc. question... did a few calculations, but really didn't have much to offer on that question. Felt I had reasonable answers for the other eight questions and thankfully felt pretty solid on the two high-point questions (I've done a LOT of PRW redesign work in real life). I really have no idea, though, on whether I got enough information down.

[BlueGuardian]

Originally Posted by Runner-JRBS

I really have no idea, though, on whether I got enough information down.

That's my biggest fear as well. I just have no sense of what is "enough."

[daTriniCyclingActuarian]

I found something to put for most of them, not quite sure if it was what they were looking for.

Some questions I clearly had no idea, like the differences between 401(k), 403(b) and 457 DC plans except that they are for various types of entities.

Knew nothing about that question with the ratios stuff.

Have no idea what makes a DRO qualified.. I did do the calculations though, but forgot to divide by 2 in the end... Not even sure if the methods I used were what they were looking for.

The others, while I put answers down, I'm sure I was missing items they'd be looking for in their checklist when grading.

November can take as long as it wants to get here