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Well, I chose to switch to the ERM/Finance track, but I am not currently employed in a position that is making the most use of the CERA credential. I'm still what you'd consider an analyst for an...

"Most challenging", of course, is all relative. Often times, when candidates are at the stage in their career that they're taking FSA exams, they'll have had at least a little work experience, and...

You've pretty much got it covered. I think the one thing you're missing is the Decision Making and Communication (DMAC) Module, though it may be called something else now. This is sort of like a...

It's hard to really say anything conclusive about the marketability of the CERA credential - positions specifically mentioning the CERA credential as a desired quality are few and far between. I...

There are a number of us that have been fortunate enough to receive it (I think I got it a few years back).

However, it is a prize drawing, so it's not an automatic credit for everyone who joins.

Yes, it's basically the same. The grading process takes a bit longer, but the same theory is there.

Generally speaking, a probability class covering calculus-based probability (over continuous spaces) will probably be enough to teach you the basic principles behind Exam P. Pair that foundation with...

No, you're right - they are. I think 5, 7 & 8 are offered in the Spring, 6 & 9 in the Fall.

In the CAS track, the exams are offered on different days.

For FSA exams, all FSA-level exams are offered on the same day. If you're in the Finance/ERM track and wanted to try and knock out AFE...

Did the ECON 1150 class cover Regression and Time Series? Do you know what an AR, ARMA or ARIMA model is? Have you done least-squares regression before? If both of those questions are "no", then...

When you say "specialize", do you mean choose between the CAS (Property/Casualty) or SOA (Life/Health/Pension)? Or do you mean choosing one track within the SOA?

They don't HAVE to. They don't have to have a student program, either - that's the company's choice. "Why would people work for them, then?" That's a question for the actuarial students that work...

I suppose one could go about stepping into the profession via Facebook. But the individuals that are doing this have probably joined networking sites for that explicit reason rather than using it for...

Or in chat.


Wait. What?

I wouldn't say it's absolutely unprofessional to have a page or access it occasionally. Obviously, it depends on how you use the site and how you populate your little corner of the Internet. Most of...

Mou, nihongo no koto ni heta desuyo. Sukoshi wakaru kedo, ato de mou ichido nihongo ga naraitai desu.

And I'm sure I butchered that sentence.

No, no - it's fine. In fact, from a person currently working in the field and supposedly representing your future coworkers, you should pursue all these different things. It might not make you a...

One could make the argument that you can "learn" virtually any subject on your own. Mathematics is not necessarily something that has to be learned via a classroom experience. On the contrary - most...

Haha, didn't mean to come off as a lecture, per se (though, I imagine, it probably sounded like one), but as a fair warning about what companies are focused on. It might help you if the company is a...

That's probably the best way to go about it - that you pursue these interests because you're interested in them. Like others before have posted, you won't have an explicit advantage because of these...

Yes, that's possible. Suppose the passing score was a 25 (very unlikely, but assume this is the case).

Then the grade scale would go as follows:

[0 - 12.5) - 0
[12.5 - 15) - 1
[15 - 17.5)...

No, you'll need to complete MLC & FAP in order to obtain your FSA. The FSA requirement is everything that an ASA needs, plus two exams, two modules, the DMAC module and the FAC. The CERA is indeed an...

I do like being an actuary, but if I were to look for a job knowing what I know now, I might lean towards a consulting position. I don't mind putting in a little extra time here and there (I'm in the...

I'm sorry, tm, but I can't read that. But I am planning to take the Advanced ERM/Finance course in Spring 2009. Anyone else in? It's the last thing for the CERA I'd like to take.

Aha - I hadn't thought about that. Thank you all!

In the process of studying for Course 2, I figured out how to get the loan balances using Excel and didn't see too much of a point trying to...