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Thread: Study Materials - prep for Exam 1/P and/or for further exams

  1. #1
    Actuary.com - Level III Poster
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    Study Materials - prep for Exam 1/P and/or for further exams

    What book(s) from the soa.org reading list have you found most useful for prep for Exam 1/P and/or for further exams?

    I would really prefer not to buy all of them - I can't even find most of them in the UK. Any suggestions would be appreciated!


    Also -- have any of you used both BPP and Actex study materials? I'm leaning toward Actex, can anyone convince me otherwise?

  2. #2
    Author, Instuctor and Seminar Provider krzysio's Avatar
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    Asm

    I would certainly encourage you to consider the ASM manual.
    Want to know how to pass actuarial exams? Go to: smartURL.it/pass

  3. #3
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    I'm currently using ASM...

    So far - it's going well. Bear in mind that I've had a calculus course, and a probability/stats course - but never calculus based probability.

    Is there a specific textbook you would suggest to use Dr. Ostaszewski?

    Thanks,
    Stephen

  4. #4
    Author, Instuctor and Seminar Provider krzysio's Avatar
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    Specific book

    I have made every effort for the ASM manual for exam P to be completely self-contained, so that you do not need any additional book. If you absolutely must have a textbook, my favorite probability and statistics book is by DeGroot. Also, the book by Michael Bean listed as a possible reference by the SOA is good. Both books definitely go much further than you need to for exam P. But then again, I have always been in favor of overstudying, so that to never repeat an exam.

    I have found four typos in the ASM Manual for exam P, and have posted corrections for them at this web site (in a PDF file):
    http://www.math.ilstu.edu/krzysio/P-Manual-Errata.pdf

    Yours,
    Krzys' Ostaszewski
    Want to know how to pass actuarial exams? Go to: smartURL.it/pass

  5. #5
    Actuary.com - Level I Poster
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    Yeah - so far for me it's been entirely self contained - I was just curious in case I need some further help on the subjects I've yet to be exposed to.

  6. #6
    Saikat
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    Exam P ASM manual

    Where can I get ASM manual?Can I download it for free or do I need to buy it?Any help will be greatly appreciated.

  7. #7
    Actuary.com - Level VI Poster
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    Quote Originally Posted by Saikat
    Where can I get ASM manual?Can I download it for free or do I need to buy it?Any help will be greatly appreciated.
    http://www.studymanuals.com/exam1.htm

    You'll have to buy it. Haven't seen the price yet, though. Ask Dr. Ostaszewski if you have any questions about it.

  8. #8
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  9. #9
    Author, Instuctor and Seminar Provider krzysio's Avatar
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    ASM Manual

    The practice exam No. 5 from the ASM manual is available as a free download at:
    http://www.studymanuals.com/exam1.htm
    The manual costs $84. If you take my intensive review for exam P at Illinois State University:
    http://www.math.ilstu.edu/actuary/prepcourses.html
    you will get a complimentary manual, but the review costs $250.
    The review will include a new practice exam given in real exam-like setting.

    Yours,
    Krzys'
    Want to know how to pass actuarial exams? Go to: smartURL.it/pass

  10. #10
    Actuary.com - Level I Poster
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    Everyone keeps referring to Actex and ASM... are they both the same? or are they different books? or what?

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