Done with the exam? Share your Exam MFE study notes here!

[quintus_ch]

Originally Posted by colby2152

It's not perfect, but it's pretty thorough, and I believe my equations sheet at the very end is pretty accurate.

Jraven and anyone else, feel free to review and comment on changes/upgrades to MFE study guide.

I'm very interested in using your study guide as I prepare for MFE. Before I do I am wondering how it worked out for everyone else who used it... did everyone pass?

[quintus_ch]

Well, it's been about 10 days since I posted this with no response. So I guess that means that everyone has moved on to MLC (or C) because they passed.

[colby2152]

Originally Posted by quintus_ch

Well, it's been about 10 days since I posted this with no response. So I guess that means that everyone has moved on to MLC (or C) because they passed.

Well, the creator (me) of that study guide didn't pass. That doesn't mean that the material and explanations are wrong, it just means that I could have studied more. I was also taking MLC at the time, and I passed that exam. Therefore, expect a newly polished study guide for Spring 2008.

[cubs1908]

Although a few errors in the 1st draft, Colby's notes are very good. I did not use Colby's notes to prepare, but it may help you grasp the material better. I definitely suggest you supplement his notes with another source (Mahler, ASM, Actuarial Brew, etc). Best of luck!

[AKD]

What study aid would you guys recommend for the MFE...Actex, ASM...??? And I intend to take either MLC, AFE/ERM, APM or CAS 8. Any recommendations as to what to take with the MFE in May? Suggestion on study material would any of the above would be appreciated. (I already have and MBA, and the FRM...passed the P and FM in last sitting

[cinderella]

Originally Posted by colby2152

Thanks for the compliments, but that's a bit over my head, especially at this point in my career. I was doing it to help myself while studying, and didn't make it public on the AO till it was finished. I do enjoy teaching, but my explanations can be loose at times, and any writings involve some fine tuning. Nevertheless, I have a lot of interest in creation of an online study guide such as TIA for math courses such as algebra, trig, calculus, and basic stats.

thanks~

[kirghizstan]

have any found errors in Colby's study notes gone uncorrected? If so what are they? Thanks

[siomai_lover]

Colby,
Thanks for your study guide.
It really helps.

Goodluck!!!

[siomai_lover]

Attached is my notes on what are the possible profits for the following arbitrage on non-dividend paying stocks:

[Valkyrie]

I think I found 2 errors.

1. p7 the u and d formulae are missing an h

2. p12 I don't believe that d(lnX(t)) = dX(t)/X(t). I'm still not sure why this is incorrect but looking at the solution to the sample question 12
d(lnX) = (alpha - .5*sigma^2)dt + sigma dZ

Also, disregard perpetual options and add S^a claims