Actuarial Outpost > SoA Battle of SDM - Spring 2019
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#41
02-11-2019, 09:51 AM
 110PercentWahoo Member SOA Join Date: Apr 2015 College: UVA Alumnus Posts: 160

Quote:
 Originally Posted by PaulP The SOA wants us to be accountants (and bankers) sooooo bad.
Don't forget management consultants, data scientists and asset-side financial analysts.
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ASA, CERA
#42
02-11-2019, 10:14 AM
 MySpaceTom Member SOA Join Date: Oct 2016 Posts: 38

Quote:
 Originally Posted by 110PercentWahoo This cost accounting material is killing me
Thankfully I think a lot of those cost accounting concepts tie back to core economic principles that would be easier to explain from intuition on an exam.

The xVA Challenge material has me more scared than anything so far. I haven't looked at old exams yet, but, I could see the SOA being really cruel with a calculation question regarding a formula that isn't well explained in the textbook -- expecting us to understand some strange notation/nuances.
#43
02-11-2019, 11:50 AM
 rtav Member SOA Join Date: Jun 2014 Location: New England College: UConn Posts: 118

Quote:
 Originally Posted by MySpaceTom The xVA Challenge material has me more scared than anything so far. I haven't looked at old exams yet, but, I could see the SOA being really cruel with a calculation question regarding a formula that isn't well explained in the textbook -- expecting us to understand some strange notation/nuances.
Second this - conceptually this material is straightforward - but the calculations in the last two chapters would be challenging given the limited examples in the reading.
#44
02-11-2019, 11:41 PM
 XP-SteveScoles Member SOA Join Date: Apr 2016 College: University of Manitoba Posts: 245

The 2019 case study is now out - on the SOA SDM exam page (under updates)

Only modest changes - quick comments:
- new short section for Blue Jay Tire on a small subsidiary and some by-country financial exhibits
- Frenz has an additional exhibit related to "Vietombia"
- Blue Ocean's Solar energy section and solar trends has been re-written
- Big Ben has some new products including a crypto-currency savings account!
- Darwin has a new innovation program
- RPPC - AIMCO is gone (note: AIMIA in Blue Jay Air is still in)

it's actually 2 pages shorter than last year - first time ever it has been shortened!

Steve
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XP premium package SDM pass rate in Spring 2019 was 91.7%!

Using anything less is clearly a very poor strategic decision
#45
02-11-2019, 11:57 PM
 110PercentWahoo Member SOA Join Date: Apr 2015 College: UVA Alumnus Posts: 160

It just got real.

Can't wait to see how the exam will Zion Williamson me with the case study (i.e. You'll know what's coming but have no way to stop it!).
__________________
ASA, CERA
#46
02-12-2019, 02:35 PM
 XP-SteveScoles Member SOA Join Date: Apr 2016 College: University of Manitoba Posts: 245

Quote:
 Originally Posted by MySpaceTom The xVA Challenge material has me more scared than anything so far. I haven't looked at old exams yet, but, I could see the SOA being really cruel with a calculation question regarding a formula that isn't well explained in the textbook -- expecting us to understand some strange notation/nuances.
that's possible - could have a 2 point question on something like that.

But just to add some more perspective, flip to chapter 8 - that used to be on the syllabus!

Steve
__________________
I help students pass SDM
steve.scoles@xpactuarial.com

XP premium package SDM pass rate in Spring 2019 was 91.7%!

Using anything less is clearly a very poor strategic decision
#47
02-25-2019, 09:52 PM
 110PercentWahoo Member SOA Join Date: Apr 2015 College: UVA Alumnus Posts: 160

So...anyone here playing Apex Legends in their downtime?
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ASA, CERA
#48
02-26-2019, 12:32 PM
 MySpaceTom Member SOA Join Date: Oct 2016 Posts: 38

Quote:
 Originally Posted by 110PercentWahoo So...anyone here playing Apex Legends in their downtime?

What downtime? Lol - Just kidding.

Actually Yes! What platform do you play on? I'm on Xbox.
#49
03-26-2019, 10:22 AM
 110PercentWahoo Member SOA Join Date: Apr 2015 College: UVA Alumnus Posts: 160

I play on PC.

So we're a little more than a month out and I can already foresee myself taking this exam again in November.

The 153 page case study of bread crumbs, lack of practice questions for objectives 2 and 4, and the difficulty of still-relevant released questions that I've read has me concerned.

Last exam...what a tease
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#50
03-26-2019, 10:34 AM
 rtav Member SOA Join Date: Jun 2014 Location: New England College: UConn Posts: 118

Lack of practice questions for 2 and 4 is killing me as well. Thankfully I think these are going to be the easiest sections (other than some of the decision making versus decision control stuff from section 2).

My main concern about this exam is having a cohesive understanding of the material and being able to apply it to the case study in an intelligent manner.

There haven't been any sections that have blown my mind in terms of technical difficulty - nothing as conceptually challenging as some of the harder readings on ERM/CFE. Rather, I think the difficulty is that most of the concepts are very vague/similar to one another and it will be difficult to know exactly which reading(s) a particular exam question is asking about.

At this point I think I will be going for a shotgun approach on the exam - writing down as much as I can from several readings and hoping I pick up enough points to pass.