FluffyPickle
FluffyPickle

Actuary Exam

Hi guys,

anyone here giving actuary exams by IAI or have given any such exam in the past. Have my exam for Financial Engineering and Loss Reserving CM2 (Paper B, Practical) this week, can anyone suggest what to study, haven't been able to prepare well.

Any study tips and advice would be appreciated.

Thanks

13mo ago
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FloatingRaccoon
FloatingRaccoon
Adidas13mo

I gave cfa lvl 1. Not worth imo but good luck for your exam. Don't stress it's not the last thing you will do.

SqueakyPenguin
SqueakyPenguin
Student13mo

Is cfa not worth it? Is that your opinion?

FloatingRaccoon
FloatingRaccoon
Adidas13mo

Really depends, in my case and I think in 90% of test takers case it's not worth as usually it's a long time commitment because even after passing lvl 3 you need ample job experience in the field to get the total certification from the local and then global cfa body. I didn't even end up working in finance despite doing my masters in financial engineering like you're also doing. The logic and thought process is worth it but not the actual exam itself as many are clearing it now after 2017. Makes supply more and demand easily filled.

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