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Long-Term Actuarial Math Old Exam MLC Forum |
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#31
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I know it's a difficult exam but I think it's a little better at building upon itself compared to C, where the material is so diverse. Who knows, maybe I'm riding the cloud nine high of having just passed C but I'd want to give it a shot. ![]() |
#32
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#34
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![]() With C, I think it was more calculation intensive, where you had to bust out a formula and calculate it quickly. With MLC, it is more about deep understanding of material and ability to derive your own formulas, as well as proofs and verbal confirmation of your understanding. For me, C was intuitive, and came to me pretty naturally. MLC I was fine on the calculations, but when it came to the theory side, I found I could have prepared better.
MLC was more difficult in my opinion, but not vastly so. Getting it on the first try though, I think is pretty damn hard. That being said, I think 3 months is enough if you are dedicated.
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#35
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#36
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Definitely appreciate the difficulty but having ~100 hrs of paid study time is hugely helpful. And hopefully, I can squeeze in an extra 300 on my own in 3 months time. Worth a shot, at a minimum, rather than sitting on hands for the fall semester. |
#37
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#38
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I like to get the material in a very concise way, and then get to the review and practice step quickly. I used the Coaching Actuaries online manual for this exam, and it worked well for me, but I knew the style I was looking for. They have a free trial of the first 2 sections (about 20% of the material) if you want to see how it is set up. Where they are lacking though is the theory side, as it is all extremely concise. You will need to find other ways to bulk up on the theory side. I did by practicing all released WA questions, which I think worked well, though I wish I started it sooner (like a month before exam day). Maybe TIA would be better in this regard. I always recommend ADAPT, and for this one it is no different. Get to an EL of 6 on ADAPT and you will absolutely crush the MC section.
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#39
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#40
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We'll see how I feel after a brief break. ![]() |
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