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to Study Group for SOA/CAS
Study Methods
For mathematical examinations, candidates should acquire proficiency
with techniques and formulas by working on a large number of problems
similar to those expected on the examinations.
For any examination, schedule study time so that each subject is
covered adequately. Try to approach each subject from more than one
perspective. Do not limit yourself to the approach taken in daily
work. Maintain an interest in current developments. Knowledge of
actuarial practice is helpful. The discussions of papers, unless
excluded, are an essential part of the reading and should be studied
as carefully as the papers themselves. Integrate the material studied.
Compare programs, methods and so on. The more connections developed in
the studied material, the deeper the understanding and the better the
use made of the acquired information.
Maintain contact with other candidates and take advantage of the
opportunities to discuss difficult topics. Do not hesitate to consult
established members of the profession in your own organization or
elsewhere.
Do not rely solely on commercial outlines of study material. Rather,
strive to summarize knowledge of the material by adequate review prior
to the examination. For written-answer examinations, try constructing
"trial" examinations. These trial examinations will not only test
knowledge and understanding of the Course of Reading, but they may
also improve speed and confidence.
Expect integrated questions. Integrated questions encompass different
sections of the material, and require the candidate to pull together
various concepts into a cohesive response. This method mirrors a real-
life situation, and provides a better discriminator with regard to who
demonstrates understanding of the material.