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#31




Thanks for the advice everyone I really appreciate it. I got both the ACTEX and ASM study guides (I got a really good deal on both) so I am going to rely on those for the time being. If I feel I am not grasping/understanding the material well enough I will definitely consider a seminar as well to get some visual help. Now time to start looking for a summer internship. This'll be interesting

#32




Don't rush yourself I say, considering P is no longer seasonal. Buy the review materials and study first, and then sign up after you've seen what you are up against. The preliminary exams are as much about testmanship (time management, strategy, etc.) as it is about mathematics. You also have to become best friends with your SOAapproved calculator.
It is inevitable in your actuarial career that you will have to learn to study things on your own off a book and not from a professor. For some it starts at the first exam. 
#33




Quote:
1) Do you recommend selfteaching real analysis, set theory (as in, nonbasics), stats (I know its VEE required anyhow, but...), p.d.e.'s or (basic) linear algebra for professional purposes, or should one just focus on the act. exams? (and if so, any recommended guide/textbooks? ) 2) yes, I started out in education as well, but decided to go back to undergrad >_<
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#34




@pquach: That's a good question. If you're interested in those topics, go for it. I wouldn't worry too much about it in the midst of studying for exams. They will cover the directly applicable material. The things I named are healthy for a highlevel understanding of math and logic in a general sense.
There are plenty of nontextbook books that are rather cheap and are good reads. I'd look into one that does a deep dive into calculus. Elementary (nonpartial) Diff.Eqs. is nice background into how functions change and behave. (Partial deals with multivariate and gets nasty.) Basic Linear Alg can be helpful in programming/math modeling. Axiomatic (rulebased) set theory is good for logic. Proofmaking is too.
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#35




thanks for the feedback!
since I have limited experience with PDEs, some of them seem rather horrifying!
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I how your hairline emulates the Beta prime density! seeking position Last edited by pquach; 02222011 at 05:00 PM.. 
#36




Quote:
(Disclaimer: This is how I understand it. Google chaos theory.)
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#37




Could you tell me where I can find Guo's manual for free? I searched Google and was unable to find it. Thanks.

#38




Quote:
I thought it was worth the money, but definitely a complement to another source like ASM. I wouldn't rely solely on Guo.
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#39




Hi guys, I just joined the forum today. I am really happy to see that you guys post your comments to help exam takers. I am also planning to sit for exam P on the july windows. I am currently using the Actex 2006 study manual and the Marcel Finan pdf book for exam P. I never took a strong mathematical based statistic class but I have a descent Math background ( Calculus 2). I was wondering whether I have the good study manual or you guys think I should add something else like the ASM or sign in for TIA ( which is so expensive)? Do is matter if I use the Actex 2006 edition ie, do I need a recent edition like 2010? thanks guys for your inputs.

#40




I just passed Exam P! I took Probability and Stats a few semesters ago. Then, I did every question in the Actex manual and SOA 153. I made a list of questions that were interesting and then reviewed them before taking practice exams. I also took a few practice exams from the Actex and TIA and scored above a 20 on each one.
Three points of advice I found most important: use shortcuts to save time, remember everything you know about each distribution, and skip questions that you don't know after one minute so you can utilize that time for all the questions you do know and you need time for! Good luck studying and preparing!! 
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