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Passed the P exam today on the first shot.
FM exam coming up next month.
MFE exam the following month.
Gonna aim to go 3 for 3 in 3, yeah!
Being a lawyer sucks a huge nugget. So it's time to become an actuary.
Edit for the peasants: They're some of the prelim exams you need to pass to become an actuary. Exams P and FM are more of the weeder type exams, while you start to get a taste of some of the heavier stuff in the MFE exam. Acronyms: P exam is Probability exam; FM exam is Financial Mathematics exam; MFE exam is Models for Financial Economics exam. Pass rate hovers around 40% for P and MFE and around 50% for FM.
The faster I pass the tests, the faster I can become employed in the capacity of a student actuary, and the faster I can quit being a lawyer. Boom!
P.S. Just kidding about the peasant part.
 
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1001 YEARS KESPAJAIL22272 Posts
I thought P Exam meant "Protoss Exam" and that you've successfully cheesed all races in all ladder maps
I still dunno what those are though
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Congratulations on doing that thing that I don't understand, but which is probably quite impressive
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I'm taking my KLF exam over the summer. Anyone have any advice?
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On May 16 2014 14:52 Epishade wrote:
I'm taking my KLF exam over the summer. Anyone have any advice?
Don't fail.
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You can still be a lawyer and add these skills to your occupation
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P was the roughest one for me, I felt like FM and MFE were easier.
Although I didn't take them all in a row in a few months' span, however.
I'm taking exams ST and LC (for the CAS) in October, need to start studying soon.
And finally congrats! Go get the other two champ! (and ignore my comments on them being easier if it makes you get complacent!)
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Congratulations. It can be really difficult these days to get that first job as an actuary, but once get it and have a few years of experience packed away you are golden.
I passed P and FM fairly easily before I started working, but once I got a job I found it incredibly hard to motivate myself to study. The exams aren't particularly hard conceptually, but they are designed such that you need to be able to execute the standard problems very quickly and efficiently.
P was the roughest one for me, I felt like FM and MFE were easier.
You can actually tell a lot about a person based on their preference between P and FM in my opinion. FM is much more formulaic and process driven while P favors conceptual thinkers. Neither is better, but I can usually predict which one people would prefer after getting to know them a bit.
I am a P person, by the way. I found FM fairly dull and far more difficult. I know plenty of people who felt the exact opposite though.
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Dunno about the difficulty of the actuarial exams, especially given I've only taken the P exam.
But to give a short comparison to the CA bar exam:
The actual difficulty is less than the bar exam given that it's split up into multiple tests (ggnore actuarial exams win if just the prelims were grouped together). But the potential difficulty for these exams seems to greatly exceed the bar exam imo. Now I've only taken the P exam, so my perspective may be a bit warped by this one subject. But they could've made this exam extremely difficulty if they were so inclined. And I don't mean just lower the pass rate to make the difficulty artificial, but to just make every single question a fuckton harder. There are an almost infinite kind of pretty wacky (and fun?) questions they can ask to test your fundamental understanding of probability theory. And the manner of approaching and solving each question could potentially vary quite drastically as well.
But on the bar exam, once you figure out how to approach a question "like a lawyer," it's pretty much just a test of memorization. And after three years of going to a legit law school, thinking "like a lawyer" isn't that difficult to do. Give me any legal situation, and if I have the law memorized I can answer it in the manner that will give me a pass on the bar exam. And unlike exams based in mathematics, a standardized legal exam is difficult to make more difficult other than by expanding the amount of stuff you have to memorize. Legal analysis is legal analysis. It doesn't matter what fact pattern you give me or the type of law I have to apply, the exact same kind of analysis will be applicable to it all, be it contracts, property, constitutional, or criminal law.
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EPT
