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  #1  
Old 05-31-2017, 02:17 PM
Taemisung1 Taemisung1 is offline
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Default Exam FM/2 June 2017 Thread

There seems to be a lot of random discussions about the changes in June, but no official thread.

Last edited by Taemisung1; 05-31-2017 at 02:22 PM..
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  #2  
Old 05-31-2017, 02:45 PM
smarterthancandee smarterthancandee is offline
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I'm scheduled for June 14 -- 2 more weeks to study
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Old 06-06-2017, 10:31 PM
dhunited12 dhunited12 is offline
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Exclamation Determinants of Interest Rates

I'm glad someone created this thread.

How are you going about studying for the Determinant of Interest Rates portion of the exam?
On Coaching Actuaries they only have 8 questions regarding that section, and they are very simple questions.

Also, what are you using to study?
I used Coaching Actuaries for the last sitting (didn't pass) and was getting high 20's on level 5 exams. It felt like my exam was more around a level 6 exam. I am still using CA and have been just taking level 6 exams and have gotten a 25/35 consistently each time. Sort of a bummer, but still got a week left.
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Old 06-07-2017, 11:07 AM
Taemisung1 Taemisung1 is offline
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Quote:
Originally Posted by dhunited12 View Post
I'm glad someone created this thread.

How are you going about studying for the Determinant of Interest Rates portion of the exam?
On Coaching Actuaries they only have 8 questions regarding that section, and they are very simple questions.

Also, what are you using to study?
I used Coaching Actuaries for the last sitting (didn't pass) and was getting high 20's on level 5 exams. It felt like my exam was more around a level 6 exam. I am still using CA and have been just taking level 6 exams and have gotten a 25/35 consistently each time. Sort of a bummer, but still got a week left.
I've only briefly gone over Determinant of Interest Rates. When you sat for the exam last time was that section well represented or low concentration on it?

I used the ASM to learn and CA so far to practice. I feel that the best method is to drilldown on section quizzes for each section that you are missing and stop practicing problems you already know for sure.
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Old 06-07-2017, 12:07 PM
smarterthancandee smarterthancandee is offline
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I have been doing Adapt level 7 exams and I'm not doing very well on them. When I took exam P, I thought the questions were much simpler than Adapt with a lot less stuff going on in them. I'm hoping it's the same for FM.
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Old 06-07-2017, 12:48 PM
dhunited12 dhunited12 is offline
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Quote:
Originally Posted by Taemisung1 View Post
I've only briefly gone over Determinant of Interest Rates. When you sat for the exam last time was that section well represented or low concentration on it?

I used the ASM to learn and CA so far to practice. I feel that the best method is to drilldown on section quizzes for each section that you are missing and stop practicing problems you already know for sure.
Taemisung1, last Exam FM was a different syllabus. Last time I sat, the syllabus included Derivatives such as options and option combinations. That has been moved to Exam MFE. Instead, they added Interest Rate questions. Interest Rate Swaps weren't weighted that much, now each exam I see at least 2 questions on that, and they completely added Determinant of Interest Rates.
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Old 06-10-2017, 07:52 PM
ActuaryTrainee ActuaryTrainee is offline
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Just passed this afternoon, had an ER of 8 on ADAPT and the exam felt like a level 5-6. Good luck to all sitting in June!
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Old 06-10-2017, 09:03 PM
shwasti1995 shwasti1995 is offline
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Quote:
Originally Posted by ActuaryTrainee View Post
Just passed this afternoon, had an ER of 8 on ADAPT and the exam felt like a level 5-6. Good luck to all sitting in June!
hey, congratulation! thats awesome!. how were the questions on determinant of interest rates? were they like the ones in Adapt?
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Old 06-10-2017, 10:02 PM
dhunited12 dhunited12 is offline
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Quote:
Originally Posted by ActuaryTrainee View Post
Just passed this afternoon, had an ER of 8 on ADAPT and the exam felt like a level 5-6. Good luck to all sitting in June!
Well done, congratulations. What level exams were you taking to prepare yourself?
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  #10  
Old 06-10-2017, 11:19 PM
ActuaryTrainee ActuaryTrainee is offline
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As far as the new section of the syllabus, I read the study note provided by SOA and did the practice problems from ADAPT and felt well prepared for the questions I got on the exam. For practice exams I took level 5 exams and was consistently getting 25/30 on them
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