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  #191  
Old 01-10-2017, 03:00 PM
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dkamka dkamka is offline
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Originally Posted by had3s View Post
Can someone tell me if any other options are important except Asian, Barrier, Compound, GAP and Exchange? I don't find anything related to others on the syllabus?
Chooser, min/max, all or nothing and forward start
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  #192  
Old 01-10-2017, 06:43 PM
hsp1995 hsp1995 is offline
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I just started studying like ... 3 days ago, this looks much harder than FM and P.
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  #193  
Old 01-11-2017, 11:44 AM
mathlete824 mathlete824 is offline
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Quote:
Originally Posted by dkamka View Post
Chooser, min/max, all or nothing and forward start
Agree to this. All or nothing options are definitely ones that you should know the equations and how they can be used to create other options. Forward start options seem to be somewhat common as well. The others: fair game but probably not likely
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  #194  
Old 01-11-2017, 12:29 PM
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Agree to this. All or nothing options are definitely ones that you should know the equations and how they can be used to create other options. Forward start options seem to be somewhat common as well. The others: fair game but probably not likely
Yep, all or nothing are building blocks and the others are good only for onesy and twosy questions
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  #195  
Old 01-11-2017, 09:19 PM
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I changed roles at work and my workload had increased significantly. I also have two young ones at home so I just don't think it will happen by March - I am also not an actuary so it isn't a big deal - it's more of a personal goal to pass the exam at some point. I was hoping to pass before the change but oh well.
Oh, ok. Well, I wish you the best of luck for the summer exam! I'm hoping not to be there with you, but you never know! I'm still behind where I'd like to be, but I'm pushing through. My workload is high right now, too, so I completely understand.
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  #196  
Old 01-11-2017, 09:26 PM
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Originally Posted by LoganRFSU View Post
Good luck with everything! I'm starting to enter my usual "two-month meltdown" so maybe I'll see you in the summer MFE thread

Edit: I just read through ASM's Lesson 23 - Stochastic Integration three times, and I might have well have read it negative ten times because I still don't know wtf I just read
Haha! Don't worry, I think Lesson 23 is probably the least likely to be tested on (just my impression). However, when going through the manual the first time, lesson 23 really clarified a lot about Brownian motion in general for me (especially, when I paired it with the textbook). I didn't quite understand what was going on beforehand, but this topic cleared things up. I see why the study schedule spreadsheet puts this alongside lessons 16 and 17. If it isn't clicking, though, I probably wouldn't worry about it.
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  #197  
Old 01-12-2017, 03:09 AM
kshinforthewin kshinforthewin is offline
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Just started my MFE course in college this week. Debating on whether I should take the March exam or wait for the curriculum change and take it in July. Will it be easier or more difficult after the curriculum change, and is it possible to fit all the information and be prepared if I were to attempt to take the exam in March?
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  #198  
Old 01-13-2017, 08:57 PM
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Starting to feel a little bit nervous even though the exam is in 2 months. Currently at chapter 19.. slowly progressing and doing some end of chapter exercices. What are the most important topics for this exam? Looking at the syllabus, majority of questions is on binomial trees, black scholes, exotic options, hedging and interest rate models? Any suggestions until then?
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  #199  
Old 01-16-2017, 10:54 AM
LoganRFSU LoganRFSU is offline
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Originally Posted by GSLife View Post
Haha! Don't worry, I think Lesson 23 is probably the least likely to be tested on (just my impression). However, when going through the manual the first time, lesson 23 really clarified a lot about Brownian motion in general for me (especially, when I paired it with the textbook). I didn't quite understand what was going on beforehand, but this topic cleared things up. I see why the study schedule spreadsheet puts this alongside lessons 16 and 17. If it isn't clicking, though, I probably wouldn't worry about it.
It definitely cleared things up a little bit with Brownian Motion, but it took me way too damn long just to get, what feels like, a pretty small amount of "enlightenment" on the topic haha. I think if it is tested on, it'll only be one question max...hopefully.

I decided to not hang my head on it too much and moved on. I'm finishing up Lessons 24 (Binomial Tree Models for Interest Rates) and 25 (Black Formula for Bond Options) today.

Quote:
Originally Posted by had3s View Post
Starting to feel a little bit nervous even though the exam is in 2 months. Currently at chapter 19.. slowly progressing and doing some end of chapter exercices. What are the most important topics for this exam? Looking at the syllabus, majority of questions is on binomial trees, black scholes, exotic options, hedging and interest rate models? Any suggestions until then?
You should have a decent amount of time to finish the manual and practice until the exam. If you're feeling a bit too nervous for comfort, you can do what I'm doing and "fast-track" the final chapters just to get them over with and start taking practice exams; I'm only reading through them, taking very minimal notes, and looking over the problems/solutions (not trying them myself, which can take a long time).
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  #200  
Old 01-17-2017, 11:10 AM
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Well looks like i spoke to soon in my previous post.... after 6 weeks of procrastination it's time to actually jump back into this. Plan of attack is to read through ASM again, reinforcing comprehension and making notes of all the little things I tend to overlook. Since I've already done the majority of them, I most likely will not bother with the end of lesson questions until after reading through the entire manual first. Once i've finished reading through all the material again, I'll be doing the ASM practice exams, then buying an ADAPT subscription for whatever remaining time I have. Any other late starters or am I the only poor bastard? lol
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