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Thread: Is 2 months enough time to study for FM?

  1. #1
    Actuary.com - Level I Poster
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    Red face Is 2 months enough time to study for FM?

    I just passed exam P and began studying for FM. There are a little more than 2 months for me to prepare. I am planning to devote at least 2 hours a day plus taking an university course on financial math. Would that be an adequate amount of preparation or should I try harder? I would like to know how did you prepare for FM?

  2. #2
    Actuary.com - Level I Poster
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    i would suggest you to work harder. i did my uni course first and devoted about 2 months study for it. but everything seems more simple when i was studying for FM. i had a friend who took one month study after the final exam and manage to pass. It depends on your ability.

  3. #3
    Actuary.com - Level V Poster sohpmalvin's Avatar
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    It is possible; I did that in one month. Should you have any question, feel free to PM me =)
    A&J Study Materials (anjstudymanual.com)

    Provides study manuals and questions banks for exam P/1, FM/2 and MFE/3F

  4. #4
    Actuary.com - Level III Poster
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    If you put in 3+ hours everyday, I'd say yes.

  5. #5
    Actuary.com - Level VII Poster Quinn's Avatar
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    I took an old version of this exam, but I think that it's now just interest theory? If so, then at least 2 hours a day might be enough. Not sure though since it's been years since I took this exam. If it turns out not to be enough and you don't pass, you could always just take it again.

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    thx for the tips

    I talked to my professor this afternoon. He also recommended me to study 3 hours a day; and that's exactly what I'm gonna do!:geek:

  7. #7
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    there are 4 classmates of mine who only did the preperation for fm
    for 1 month ,but they study half and 3 hours aday.Your plan for 2 hours 2 months is ok.I hope you can achieve a good marks~

  8. #8
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    I passed exam FM/2

    Thanks for all of your advices. I stake to the plan of studying 3 hours a day and passed FM/2 with ease with morning. I was surprised that about half the problems were related to derivatives markets; so for the future test takers, do spend some time going over this material.

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