Actuarial Outpost
 
Go Back   Actuarial Outpost > Exams - Please Limit Discussion to Exam-Related Topics > SoA/CAS Preliminary Exams > General
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions


Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 02-05-2018, 10:12 AM
Calvert Calvert is offline
CAS
 
Join Date: May 2012
Posts: 23
Default What to do?

I've taken years off from exams, yet have been fairly successful at my company. I'm realizing now, however, I am really unmarketable if things go south and I want to leave (not yet).

So, I have to decide about exams.

Should I take MFE? Pros-I've taken it twice before and failed. So I'm sorta familiar with material. But the exam is during a tough time for me with 2 family weddings before (and in my culture, family weddings are non-negotiable, along with their accompanying festivities).

also, should the change in MFE this fall to some thing else mean anything? AFAIK, CAS is still taking credit for the new MFE...whatever it's called.

Should I take C? I've never taken it before and if I fail, i have to take a brand new exam this fall called MAS-II. Also, I forget most of this theory from college because it's been so long. So I'd essentially have to re-learn most of this stuff. This exam is before the aforementioned weddings.

Both exams I have plenty of time to study. The only caveat (and one reason why I've taken time off from exams) is that we don't have a study time program here at my company. They're open to it and have asked me to submit a proposal. (Long story why there's no study time).

thoughts? any insight helpful.
One more item: even though no study time, they will pay for seminars and manuals.
Reply With Quote
  #2  
Old 02-05-2018, 10:18 AM
Vorian Atreides's Avatar
Vorian Atreides Vorian Atreides is offline
Wiki/Note Contributor
CAS
 
Join Date: Apr 2005
Location: Hitler's Secret Bunker
Studying for ACAS
College: Hard Knocks
Favorite beer: Sam Adams Cherry Wheat
Posts: 61,605
Default

To be "marketable" in a long-term way, you need to get your letters. So between the two Exams, I would suggest focusing on the one you feel most comfortable with. And by "comfortable," I'm also including the evaluation of which material you find most interesting.

What is the timing between the last "family wedding" and sitting for the Exam?
__________________
I find your lack of faith disturbing

Why should I worry about dying? Itís not going to happen in my lifetime!


Freedom of speech is not a license to discourtesy

#BLACKMATTERLIVES
Reply With Quote
  #3  
Old 02-05-2018, 10:23 AM
Calvert Calvert is offline
CAS
 
Join Date: May 2012
Posts: 23
Default

thank you for your reply. Agree about the letters.

2018 MFE CBT Dates: July 5-11
2018 C CBT Dates: June 19-25

Family wedding #1 June 30. Probable commitment: June 27-July 3
Family wedding #2 July 7. Probable Commitment: July 4-July 9

I am more comfortable with MFE, given my recent (4 years ago) attempt.

Despite the date conflicts mentioned above, I am still leaning toward MFE, given comfort with the material.
Reply With Quote
  #4  
Old 02-05-2018, 10:42 AM
NormalDan's Avatar
NormalDan NormalDan is offline
Member
CAS
 
Join Date: Dec 2016
Location: NJ
Posts: 5,891
Default

Quote:
Originally Posted by Vorian Atreides View Post
To be "marketable" in a long-term way, you need to get your letters. So between the two Exams, I would suggest focusing on the one you feel most comfortable with. And by "comfortable," I'm also including the evaluation of which material you find most interesting.


OP you don't strike me as particularly interested in learning the material on either exam. I'd figure out which one you're most motivated to learn/pass and do that one. Gotta get those letters
Reply With Quote
  #5  
Old 02-05-2018, 10:51 AM
Calvert Calvert is offline
CAS
 
Join Date: May 2012
Posts: 23
Default

Unfortunately, you're right. I recently turned 40, and have a young family which takes more and more of my time. But I gotta do what I gotta do for my family's future.
Reply With Quote
  #6  
Old 02-05-2018, 10:57 AM
Vorian Atreides's Avatar
Vorian Atreides Vorian Atreides is offline
Wiki/Note Contributor
CAS
 
Join Date: Apr 2005
Location: Hitler's Secret Bunker
Studying for ACAS
College: Hard Knocks
Favorite beer: Sam Adams Cherry Wheat
Posts: 61,605
Default

Do you still need to sit for Exam MAS-I?
__________________
I find your lack of faith disturbing

Why should I worry about dying? Itís not going to happen in my lifetime!


Freedom of speech is not a license to discourtesy

#BLACKMATTERLIVES
Reply With Quote
  #7  
Old 02-05-2018, 02:41 PM
Calvert Calvert is offline
CAS
 
Join Date: May 2012
Posts: 23
Default

Quote:
Originally Posted by Vorian Atreides View Post
Do you still need to sit for Exam MAS-I?
You know, I don't know. when I got my transcript in the fall it showed i had credit for S, but now I see S is no longer on the CAS website. I assume not.
Reply With Quote
  #8  
Old 02-05-2018, 02:44 PM
Calvert Calvert is offline
CAS
 
Join Date: May 2012
Posts: 23
Default

http://www.casact.org/admissions/ind...ansition_rules

It seems from the above, bc I have credit for S I have credit for MAS-1
Reply With Quote
  #9  
Old 02-05-2018, 02:44 PM
Vorian Atreides's Avatar
Vorian Atreides Vorian Atreides is offline
Wiki/Note Contributor
CAS
 
Join Date: Apr 2005
Location: Hitler's Secret Bunker
Studying for ACAS
College: Hard Knocks
Favorite beer: Sam Adams Cherry Wheat
Posts: 61,605
Default

Quote:
Originally Posted by Calvert View Post
You know, I don't know. when I got my transcript in the fall it showed i had credit for S, but now I see S is no longer on the CAS website. I assume not.
If you have credit for S, I believe that you'd have credit for MAS-I.

If that's the case, you might want to just buckle down and get through 4/C.

Otherwise, you're facing the potential of taking an Exam where it'll be assumed that you're (at least) familiar with MAS-I (and there is enough difference between S and MAS-I for this to be a concern) and finding the need to put in more time to study for MAS-II than you'd have to for 4/C.

YMMV.
__________________
I find your lack of faith disturbing

Why should I worry about dying? Itís not going to happen in my lifetime!


Freedom of speech is not a license to discourtesy

#BLACKMATTERLIVES
Reply With Quote
  #10  
Old 02-05-2018, 02:54 PM
NormalDan's Avatar
NormalDan NormalDan is offline
Member
CAS
 
Join Date: Dec 2016
Location: NJ
Posts: 5,891
Default

FWIW, I found C to be far more interesting than MFE. Not sure how recent your MFE attempts were but if they were years ago you've probably forgotten much of it anyway. I certainly study more productively when I'm interested in the topic and you could at least see where C topics were useful (credibility is a huge topic, then some statistics sprinkled in for fun). C was the first exam where I felt like it could possibly be directly useful (I don't work in life/pensions where FM might be helpful). So unless you're feeling MFE I vote C, ontop of VA's reasons.
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 01:29 PM.


Powered by vBulletin®
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.23770 seconds with 9 queries