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  #1  
Old 06-19-2009, 07:38 PM
Dr.Mavashi Dr.Mavashi is offline
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Default Have you ever moved an exam?

Ok, unfortunately I dont think I will get ready by august. While I understand most of the solutions in ASM my performance on the section's questions is not that great at all, it actually sucks. FM/2 is considered the easiest of them all, if I cant get ready for it in three months is that a reason to question if this is for me? At this point I am thinking of moving it to december.
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  #2  
Old 06-19-2009, 08:02 PM
stormhold stormhold is offline
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there're still 2 months. i am also taking it in August. you need to trust yourself.
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  #3  
Old 06-19-2009, 08:29 PM
Dr.Mavashi Dr.Mavashi is offline
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Quote:
Originally Posted by stormhold View Post
there're still 2 months. i am also taking it in August. you need to trust yourself.
Well that's the whole thing I dont trust myself. At the pace I am going I dont think I will have enough to cover the entire ASM.
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  #4  
Old 06-19-2009, 09:05 PM
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Noumenon84 Noumenon84 is offline
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I was in the same boat as you when I took exam P.

One week before the exam I was still performing very poorly on practice problems, even though I understood the solutions when I saw them. I was making stupid mistakes. I was also nervous because I had no idea what a typical exam P looked like and I had left out maybe 20% of the syllabus in my studies.

However I passed. Although, even if I hadn't it would have been a good experience. I think if you have the time and money to spend on a sitting then the experience of taking the exam only serves to prepare you better for your next attempt.

Also, you might be off to a slow start with the material in FM, but this is probably because you haven't gotten comfortable with the basic concepts of annuities and time value of money. Once you do the rest of the financial math part of the manual will come a lot easier.

I wouldn't give up before you start. It can be done.
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P FM MLC MFE C
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  #5  
Old 06-19-2009, 09:31 PM
Dr.Mavashi Dr.Mavashi is offline
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Quote:
Originally Posted by Noumenon84 View Post
I was in the same boat as you when I took exam P.

One week before the exam I was still performing very poorly on practice problems, even though I understood the solutions when I saw them. I was making stupid mistakes. I was also nervous because I had no idea what a typical exam P looked like and I had left out maybe 20% of the syllabus in my studies.

However I passed. Although, even if I hadn't it would have been a good experience. I think if you have the time and money to spend on a sitting then the experience of taking the exam only serves to prepare you better for your next attempt.

Also, you might be off to a slow start with the material in FM, but this is probably because you haven't gotten comfortable with the basic concepts of annuities and time value of money. Once you do the rest of the financial math part of the manual will come a lot easier.

I wouldn't give up before you start. It can be done.
I am pretty comfy with time value. I am a Finance Major and Econ minor, and to warm for this, took an applied calc I class in local city college for this. But the ASM questions are kicking my ass, the PV questions I had in my Corporate Finance/Investment analysis exams were a freaking joke comparing to these. I cant really put a finger on why I understand the solutions in less then a minute most of the time, but cant crank these question fast enough even on a second pass. I've never been this frustrated.
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  #6  
Old 06-19-2009, 09:49 PM
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Noumenon84 Noumenon84 is offline
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I know after studying for a while and doing a lot of questions it can be frustrating to get questions wrong or be down right stumped by them. Instead of being frustrated by those situations instead try to learn what stumped you or what mistake you made and say to yourself, "well now I know and knowing is half the battle. G-I JOE!!!"

How far are you into the manual and how long have you been studying?
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Last edited by Noumenon84; 06-19-2009 at 09:53 PM..
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  #7  
Old 06-19-2009, 10:55 PM
sohpmalvin sohpmalvin is offline
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If you are not confident, of course it is better that you delay it to December sitting. As for me, I will continue for it. It took me only one month to prepare for FM.
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  #8  
Old 06-19-2009, 11:27 PM
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Noumenon84 Noumenon84 is offline
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I see no harm sitting for it anyways.
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  #9  
Old 06-27-2009, 02:33 AM
rrbest rrbest is offline
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Worst case scenario you put some fire under yourself and learn a whole bunch before you fail the exam.
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