Recommendations: currently on section 7 of ASM

[Call My Put]

What would you do if you were in my position? Currently working 40hrs/week and don't get any study time from work.

Starting today, there are slightly under 110 days remaining until the exam. Can anybody give me some suggestions on how to go about preparing in this time frame?

btw, I also have access to TIA but I have not been using it as much because I feel like ASM is more thorough, however at the same time it is also more time consuming, and time is a valuable resource at this point.

Any advice would be greatly appreciated

[LifeIsAPoissonProcess]

Do a few lessons of TIA, then do the ASM practice problems. I feel like TIA does a better job of explaining the concepts, while ASM has some trickier problens.

[Aeitra]

I'd probably do one TIA lesson then all the corresponding ASM to that lesson. (I may be wrong but i think ASM splits some of the things up more then TIA)

[internetguy87]

Originally Posted by Aeitra

I'd probably do one TIA lesson then all the corresponding ASM to that lesson. (I may be wrong but i think ASM splits some of the things up more then TIA)

You are correct, ASM splits things differently. Also to be aware, TIA may even go into a different order, and the splits are not perfect (i.e. TIA Lesson 3 on insurance may have topics from ASM chapter 11, chapter 12 section 3 and chapter 13 section 2).

TIA does a MUCH better job explaining this stuff though.

[Bama Gambler]

Originally Posted by Call My Put

ASM is more thorough

I'm in the processes of reworking for MLC for the new syllabus. I would really appreciate if you can go into more detail about this statement so I can improve my seminar. Can you provide me with an example of a topic that I cover but not in enough detail? Of course I don't want you to spend too much time doing that as getting your studying done is 100x more important, but I (and future TIA students) would greatly appreciate any feedback you (or anyone else) can provide me.

Thanks,
James

[ker8]

Originally Posted by Call My Put

What would you do if you were in my position? Currently working 40hrs/week and don't get any study time from work.

Starting today, there are slightly under 110 days remaining until the exam. Can anybody give me some suggestions on how to go about preparing in this time frame?

btw, I also have access to TIA but I have not been using it as much because I feel like ASM is more thorough, however at the same time it is also more time consuming, and time is a valuable resource at this point.

Any advice would be greatly appreciated

Do all the TIA, drop ASM except if you feel you need a better understanding of a particular topic; focus on the SOA problems.

[Abraham Weishaus]

Originally Posted by internetguy87

TIA does a MUCH better job explaining this stuff though.

Echoing Bama Gambler, any examples? I'm in the middle of a big rework for the new syllabus. It is possible that video courses are more entertaining than reading a manual, but is there any topic which is not explained well in the manual?

[childplease]

Originally Posted by Abraham Weishaus

Echoing Bama Gambler, any examples? I'm in the middle of a big rework for the new syllabus. It is possible that video courses are more entertaining than reading a manual, but is there any topic which is not explained well in the manual?

TIA is great because you dont have to do the work, you shown logically what it means, in plain everyday english not bogged down with overly complicated notation. However, some might view these lessons as overly simplified. It is possible to get stuck in asm easily, but struggling sometimes is good. TIA for example makes sense of semi continuous reseves with mthly premiums. which is a topic that is hard to think out. ASM provides many different mathematically rigorous approaches to problems. While abe would be quick to say, you shouldnt shy away from math etc etc. I find both approaches good for preparation, and it is really hard to compare the two in a head to head match up. They are two different products.

[FMbrah]

Originally Posted by Bama Gambler

I'm in the processes of reworking for MLC for the new syllabus. I would really appreciate if you can go into more detail about this statement so I can improve my seminar. Can you provide me with an example of a topic that I cover but not in enough detail? Of course I don't want you to spend too much time doing that as getting your studying done is 100x more important, but I (and future TIA students) would greatly appreciate any feedback you (or anyone else) can provide me.

Thanks,
James

I am not sure what exactly Call My Put meant by his statement, but I do agree that there are some things covered in ASM that TIA leaves out. Nothing really major, but I have noticed little things here and there. So far I think the main thing I have noticed is that ASM includes more formulas that TIA seems to skip. For example I noticed ASM listed some useful formulas for recursion and also a couple formulas relating the AVP of different insurances that I don't think I saw in TIA.

But at the same time I think TIA is much easier to follow and makes it easier to understand the concepts, so both sources have their pros and cons.

[ker8]

Originally Posted by Aeitra

I'd probably do one TIA lesson then all the corresponding ASM to that lesson. (I may be wrong but i think ASM splits some of the things up more then TIA)

ASM does split it up more. And, at least for me, that makes it harder for me to get motivated to study & harder for me to see how it all pulls together. I used BPP as my study guide, and did not have TIA. I did use ASM as a backup b/c I didn't think BPP went into enough detail on a few things. As for problems, I did a number of ASM, but I personally don't think they're very representative of what you will see on the exam. They're good practice to see how well you know the material, but imho they often require a much higher level of understanding & manipulation than is needed to pass.

Keep in mind, my POV is from someone who had never seen the MLC material prior to January this year, and as someone who was self-teaching.