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

Browse Open Actuarial Jobs

Life  Health  Casualty  Pension  Entry Level  All Jobs  Salaries


Long-Term Actuarial Math Old Exam MLC Forum

Reply
 
Thread Tools Search this Thread Display Modes
  #21  
Old 06-24-2019, 02:14 PM
aactuary92 aactuary92 is offline
Member
SOA
 
Join Date: Mar 2019
Studying for LTAM
Posts: 31
Default

Hello!

Just got done with STAM, fingers crossed I passed and I'll be joining this study effort soon. Taking a couple weeks off first...
__________________
aactuary92
P FM MFE STAM LTAM PA
1 2 3 4 5 IA 6 7 8 FA
APC
Reply With Quote
  #22  
Old 06-24-2019, 11:43 PM
skysecond's Avatar
skysecond skysecond is offline
Member
SOA
 
Join Date: Aug 2016
Location: Dallas
Studying for STAM
College: UW-Madison
Favorite beer: Heady Topper
Posts: 41
Default

Just finished STAM today as well. Wondering if LTAM in Oct is not long enough to me. I'm currently working as a full-time. Could anyone share some thoughts on first sitting? BTW, I will be busy with working until the end of July and may have little time studying. Thanks!
__________________
P FM MFE STAM
Reply With Quote
  #23  
Old 06-25-2019, 09:42 AM
aactuary92 aactuary92 is offline
Member
SOA
 
Join Date: Mar 2019
Studying for LTAM
Posts: 31
Default

Quote:
Originally Posted by skysecond View Post
Just finished STAM today as well. Wondering if LTAM in Oct is not long enough to me. I'm currently working as a full-time. Could anyone share some thoughts on first sitting? BTW, I will be busy with working until the end of July and may have little time studying. Thanks!
Of course it depends on the person, and I don't know your study habits, but if this were my first time taking LTAM (it's not lol) I would wait until spring. Especially with your concerns about your work. I feel ok with only 3 months to study, but as I said I've taken it before and already feel reasonably comfortable with the material. You could use this time to do module work if you haven't already started!
__________________
aactuary92
P FM MFE STAM LTAM PA
1 2 3 4 5 IA 6 7 8 FA
APC
Reply With Quote
  #24  
Old 06-26-2019, 12:53 PM
Glazzy Glazzy is offline
SOA
 
Join Date: Feb 2019
Location: KCMO
Studying for LTAM
College: Truman State University
Favorite beer: UC Schnickelfritz
Posts: 20
Default

Quote:
Originally Posted by skysecond View Post
Just finished STAM today as well. Wondering if LTAM in Oct is not long enough to me. I'm currently working as a full-time. Could anyone share some thoughts on first sitting? BTW, I will be busy with working until the end of July and may have little time studying. Thanks!
This is my first sitting, but I would agree with aactuary92. In my experience, it's really easy to get lost in the notation and the relationships across the difference notation. Even with a day or two off of looking at the material, I find myself playing more catch-up than with previous exams (understandably so, I guess). If you don't have a whole lot of time until end of July, I would imagine it to be a pretty overwhelming cram, but not impossible! Just my thoughts, best of luck!
__________________
LETS GO BLUES!!

P FM IFM STAM LTAM SRM PA

VEE FAP
Reply With Quote
  #25  
Old 06-27-2019, 07:41 PM
skysecond's Avatar
skysecond skysecond is offline
Member
SOA
 
Join Date: Aug 2016
Location: Dallas
Studying for STAM
College: UW-Madison
Favorite beer: Heady Topper
Posts: 41
Default

Quote:
Originally Posted by aactuary92 View Post
Of course it depends on the person, and I don't know your study habits, but if this were my first time taking LTAM (it's not lol) I would wait until spring. Especially with your concerns about your work. I feel ok with only 3 months to study, but as I said I've taken it before and already feel reasonably comfortable with the material. You could use this time to do module work if you haven't already started!
Thanks for the advice. I will consider Spring 2020 as a better option at this point.
__________________
P FM MFE STAM
Reply With Quote
  #26  
Old 06-27-2019, 07:42 PM
skysecond's Avatar
skysecond skysecond is offline
Member
SOA
 
Join Date: Aug 2016
Location: Dallas
Studying for STAM
College: UW-Madison
Favorite beer: Heady Topper
Posts: 41
Default

Quote:
Originally Posted by Glazzy View Post
This is my first sitting, but I would agree with aactuary92. In my experience, it's really easy to get lost in the notation and the relationships across the difference notation. Even with a day or two off of looking at the material, I find myself playing more catch-up than with previous exams (understandably so, I guess). If you don't have a whole lot of time until end of July, I would imagine it to be a pretty overwhelming cram, but not impossible! Just my thoughts, best of luck!
Thanks for the information. Good luck with your future exams!
__________________
P FM MFE STAM
Reply With Quote
  #27  
Old 06-28-2019, 11:58 AM
HaloPewPew's Avatar
HaloPewPew HaloPewPew is offline
Member
SOA
 
Join Date: Jan 2016
Posts: 38
Default

I don't really agree with taking sittings off. The value in sitting for an exam with a 20% chance of passing is >0. LTAM is a different testing environment as well, so you would get used to that.
Reply With Quote
  #28  
Old 06-28-2019, 09:58 PM
skysecond's Avatar
skysecond skysecond is offline
Member
SOA
 
Join Date: Aug 2016
Location: Dallas
Studying for STAM
College: UW-Madison
Favorite beer: Heady Topper
Posts: 41
Default

Quote:
Originally Posted by HaloPewPew View Post
I don't really agree with taking sittings off. The value in sitting for an exam with a 20% chance of passing is >0. LTAM is a different testing environment as well, so you would get used to that.
I'm not confident that 20% chance is the assumption. Also, being unprepared and failing the exam is not helpful to the next sitting. Maybe it will add some experience and knowledge the next sitting. However, does it worth a fail to gain this experience? Wouldn't simulation tests give you similar results?
__________________
P FM MFE STAM
Reply With Quote
  #29  
Old 06-28-2019, 10:02 PM
ryanpez's Avatar
ryanpez ryanpez is offline
Member
SOA
 
Join Date: Mar 2012
Location: Omaha, NE
Studying for STAM
College: Youngstown State Alumni
Posts: 121
Default

Minimum for this exam Id say is 4 solid months. Praying for a pass from Spring sitting
__________________
P FM MFE LTAM STAM PA
VEE: FIN ECON STATSRM
FAP: 1 2 3 4 5 IA 6 7 8 FA
APC
Reply With Quote
  #30  
Old 06-29-2019, 12:09 AM
carshev1629 carshev1629 is offline
SOA
 
Join Date: Mar 2019
Posts: 14
Default

Hello guys, I just had exam STAM last week and will start studying for LTAM from now. For those who have passed/studying for this exam:

1. How is the difficulty compared to STAM. It took me exactly 3 months for STAM so is 4 months sufficient for this one?

2. Any advice on study strategy given this one has written answers?

3. Good study manual? Usually I use ASM + Adapt but heard this one may be different.

Any sharings would be greatly appreciated!
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 09:17 AM.


Powered by vBulletin®
Copyright ©2000 - 2019, 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 0.17954 seconds with 10 queries