Actuarial Outpost
 
Go Back   Actuarial Outpost > Exams - Please Limit Discussion to Exam-Related Topics > SoA > Corporate Finance and ERM (CFE) Track > Foundations of CFE Exam
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions


Upload your resume securely at https://www.dwsimpson.com
to be contacted when our jobs meet your skills and objectives.


Foundations of CFE Exam Old Financial Economic Theory Forum

View Poll Results: Which manual did you have and what did you think of it
Actex, and Loved It! 0 0%
Actex, it got me by, but... 0 0%
Actex, eh 2 3.13%
Jam, and Loved It! 3 4.69%
Jam, it got me by, but... 11 17.19%
Jam, eh 9 14.06%
Pak, and Loved It! 23 35.94%
Pak, it got me by, but... 6 9.38%
Pak, eh 8 12.50%
Manual, I don't need no stinkin' manual 2 3.13%
Voters: 64. You may not vote on this poll

Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 10-29-2009, 08:38 PM
MiACt's Avatar
MiACt MiACt is offline
Member
 
Join Date: Nov 2005
Posts: 49
Default How Prepared Were You and Which Manual Did You Use

Since we can't talk about the exam yet, I thought this might be a worthy diversion
Reply With Quote
  #2  
Old 10-29-2009, 08:41 PM
ReddEye's Avatar
ReddEye ReddEye is offline
Member
SOA
 
Join Date: Aug 2006
Location: Cubicle City, USA
Favorite beer: real alcoholics don't drink beer
Posts: 941
Default

PAK only baby! Feel like I have a fighting chance.
Reply With Quote
  #3  
Old 10-29-2009, 08:43 PM
butterjuice74's Avatar
butterjuice74 butterjuice74 is offline
Member
 
Join Date: May 2005
Posts: 133
Default

when can you talk about the exam?
Reply With Quote
  #4  
Old 10-29-2009, 11:21 PM
Caramel Caramel is offline
Member
SOA
 
Join Date: Nov 2001
Location: Where Jerry-The-Cat lives
Favorite beer: Can I have a glass of baco noir instead?
Posts: 448
Default

Quote:
Originally Posted by ReddEye View Post
PAK only baby! Feel like I have a fighting chance.
I used to be a big fan for JAM, the study manual, the flashcards, the CD (when they were availabe) and the seminar.

But this time, I am in big disappointment with JAM.

In volume III, there are many errors in the solutions, mainly which sections that answers can be found. The Gains from Operations (for Reinsurance) has erros as well. Then, the online seminar did not work for me! Because I had no one to ask questions too.

Yes, theinfiniteactuary said you can e-mail the instructors when you have questions, and this is true, and it's also true that Carmody got back to me within a day or two. But his answers are usually so brief, like "Yes, you are right", or "No, I still get 4.6". No additional explanations. I tried it a few times, and it was very hard to explain a question and what confuses me (if you don't want to type pages in your e-mail); the feedback process became not very effective.

After a few trials (sending my questions to JAM because I registered for online seminar), I just gave up.

While in a live seminar, you can always bring your binders, your papers with scratch of solutions and ask the instructor during the breaks or before/after the seminar starts/ends for that day.

Finally, my last rant is that, the sample 2009 exam that was supposed to be a real mock SOA exam for FETE, it turned out only has morning session, half of the exam!

I need a real 6 hours exams with a lot of questions to simulate the examination day. Trust me, without such practice, my brain isn't used to wake up and fully functional starting from 8:30 am to 4:45 pm. It was a brain marathon, and I needed a mock exam to be a full exam to be useful.

What happens to JAM?! I was so frustrated...
Reply With Quote
  #5  
Old 10-30-2009, 12:28 AM
BitterSweet BitterSweet is offline
Member
 
Join Date: Jul 2004
Posts: 275
Default

PAK's study materials are very helpful. I didn't use the flash cards because I didn't really memorize any lists (and it's a good thing for this exam), but the mock exams, summaries and condensed summaries were really good.

The only drawback I see, is that most people used PAK, so a lot of people can be well prepared....wich is not a good thing for the individual..since you have to do better than the average to pass...hehhe

But thanks PAK for the great job....
I passed AFE with your help, so double thanks
Reply With Quote
  #6  
Old 10-30-2009, 12:37 AM
wing2000 wing2000 is offline
Member
SOA AAA
 
Join Date: Aug 2004
Posts: 184
Default

I would say doesn't matter which one you use, for this exam, SOA likes to surprise us. You think you know all the material on the manual? you are wrong!
__________________
Reply With Quote
  #7  
Old 10-30-2009, 12:39 AM
PAK's Avatar
PAK PAK is offline
Eddy Chan, FSA, CERA, MAAA
SOA AAA
 
Join Date: Aug 2006
Favorite beer: Saki
Posts: 3,204
Default

Quote:
Originally Posted by BitterSweet View Post
PAK's study materials are very helpful. I didn't use the flash cards because I didn't really memorize any lists (and it's a good thing for this exam), but the mock exams, summaries and condensed summaries were really good.

The only drawback I see, is that most people used PAK, so a lot of people can be well prepared....wich is not a good thing for the individual..since you have to do better than the average to pass...hehhe

But thanks PAK for the great job....
I passed AFE with your help, so double thanks

Many thanks! It is my great pleasure to help you! Good luck!

Shoot me an email if you have any questions. =)
__________________
Eddy

www.pakstudymanual.com
PAK Study Manual Packages/Seminars for CFE/SDM/ERM Spring 2019


ERM: Manual (Sample) / Online Seminar (Sample) (Offer all 6 extensions)
SDM: Manual (Sample) / Online Seminar (Sample)
CFE: Manual (Sample) / Online Seminar (Sample)
Reply With Quote
  #8  
Old 10-30-2009, 07:20 AM
MathinTucson's Avatar
MathinTucson MathinTucson is offline
Member
AAA
 
Join Date: Sep 2006
Location: West
Posts: 4,867
Default

Just like generals plan to fight the last war, sometimes I think that the study manuals prepare us to take past exams. The SOA knows this and responds with yesterday's FETE exam.
A study manual with good notes is important, but don't rely on it too heavily to indicate what will be on the exam.
Reply With Quote
  #9  
Old 10-30-2009, 07:35 AM
HenryGale's Avatar
HenryGale HenryGale is offline
Member
 
Join Date: May 2006
Location: where I live
Studying for new job
Favorite beer: H2O
Posts: 789
Default

PAK material is very good, however, with the direction of this exam is going, I don't think any manual will be good enough... I guess it is SOA trying to tell us: get rid of the manual, completely rely on the stinky study notes and books.
Reply With Quote
  #10  
Old 10-30-2009, 07:42 AM
campbell's Avatar
campbell campbell is offline
Mary Pat Campbell
SOA AAA
 
Join Date: Nov 2003
Location: NY
Studying for duolingo and coursera
Favorite beer: Murphy's Irish Stout
Posts: 84,632
Blog Entries: 6
Default

Those of us who do seminars and write manuals do recommend students reading the official syllabus readings - we must summarize out of necessity.

But yes, the exam committee can ask anything from the original readings.
__________________
It's STUMP

LinkedIn Profile
Reply With Quote
Reply

Tags
pak study manual

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 08:03 PM.


Powered by vBulletin®
Copyright ©2000 - 2018, 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 0.32030 seconds with 8 queries