How many hours per week do you study for an actuarial exam?
I think I spent too much time studying for Exam FM and that is why I probably did not pass. I studied at my workplace for 25 to 33hours per week with a 1week break and Saturdays and Sundays off for 6months. I did not have an Exam FM study guide until mid march. That probably hurt me too. I was slightly fatigued during the exam and my study hours could of been why. I plan to spend 20hours per week and take a two week study break from now until Exam FM.
How many hours per week do you spend studying for an actuarial exam? How many months do you spend studying? Just curious.
i don't think over studying is cause for failure either, unless maybe over confidence plays a part and you glaze over questions or something like that... i always think i tend to study too much, but that's because i want to pass sooooo badly. for exam p, i studied for 5 months roughly 6-8 hrs a day, 5days a week, no weekends. for exam fm (the 2nd time), i studied for 4 months roughly 15-20 hrs a week. but that's me...it paid off for exam p, when i studied way less for exam fm the 1st time i failed miserably, so we'll see if going back to my tried and true works. less than 3 weeks to go...
I'm very curious about how much studying is required for the first 1/P actuarial exam, and how that amount of study time compares to the amounts required for the other exams. I am new to this process, and was astounded at the recommended 300 hours of study time for 1/P. I have absolutely never ever even come close to studying for that amount of time for any single class, and I daresay I have never studied that much over the course of a single semester (all 20 units included).
I was wondering if I could get some feedback about the number of hours spent studying for these exams by those who have already passed them; perhaps along with SAT & ACT scores, and typical amounts of time devoted to studying for regular classes (for some perspective).
For me, I received a 780 MSAT and 35 on the math section of the ACT, with a total of maybe 5 hours of studying for both (consisting of a few practice tests). I also got a 5 on my AP Calculus exam in high school, without ever having opened the book or doing any studying or homework.