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LongTerm Actuarial Math Old Exam MLC Forum 

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#21




I almost wish I'd fail the current sitting so I can routinely debate this exam with SandbagQueen. She has become infamous on the MFE boards. I don't really wanna fail of coarse, but someone's got to be there to put some life into the boards.
As far as advice. The whole life contingencies part all kinda builds upon itself. Also, it gets easier. I still think the later chapters of the survival distribution stuff (which is the first ASM section) was the hardest to learn at the time. Insurances and Annuities were decent. Premiums were easy. Reserves are kinda hard I admit. Then multiple lives/decrements and expenses are easier again. There is a lot but it's not that tough. There is very little conceptual stuff, mostly math. Then there is the poisson/markov material. That is all practice. Just do a whole bunch of them and you will have 6 or 7 guaranteed (well almost) correct questions on the exam. The poisson questions do require some ingenuity, but it's no different than what you may have seen on exam p, just harder. 
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#24




Chapter 1 of Actuarial Mathematics is now in the books.
Now time to hit chapter 2. Chapter 3 is where the real material begins... but I think it's best to review key concepts before proceeding. Let's see if this strategy turns out to be a successful one. ASM fans, you need not despair. I plan to get to it later. 
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If you have the second could you list the chapter titles for the syllabus recommendations... 311 I think, I would really appreciate it
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#26




I have the second edition.
Chapter Titles: 3: Survival Distributions and Life Tables 4: Life Insurance 5: Life Annuities 6: Benefit Premiums 7: Benefit Reserves 8: Analysis of Benefit Reserves 9: Multiple Life Functions 10: Multiple Decrement Models 11: Applications of Multiple Decrement Theory 15: Insurance Models Including Expenses Actuarial Mathematics is not complete as you need to download additional study notes to fully cover material tested in the exam. Details given in the syllabus. 
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Thanks for the chapter list, looks like all the subjects are in the same order, hopefully the 1st edition problems aren't too different from the 2nd
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SBQ! I'm sooo glad you are moving on to MLC with me! we'll be so popular over here just like in MFE last time! Also.. I haven't seen anyone else using the other text option that's not the Actuarial Mathematics book (I forget the name), but that's the one I ordered because Actuarial Mathematics book was a huge hardcover and didn't seem like I could easily study on the train with it... does the one I ordered suck?? 
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However, IMO problems are problems, and the more practice you get the better... The only reason I got the Actuarial Math text is because it was free
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nov 2010 sitting, progress thread 
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