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Thread: 1 exam pass and 2 exams pass

  1. #1
    Actuary.com - Level II Poster
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    1 exam pass and 2 exams pass

    Hi all,

    I have a BS degress in Math and minor in computer science with P exam passed (entry level). So far, I had 2 offical phone interviews and I don't get any offers. Yes, It's kind of discourage me a little but I still learnt some good experience.

    Some people say between 1 exam passed and 2 exam passed is a big big different. Apply entry level position with 2 exams passed has higher chance than some candidates with 1 exam passed, and 3 exams pass has higer chance than candidates with 2 exams passed...............is it true??

    I saw some posts they said you'd better don't pass more than 3 exams if you have no experience. is it true?

    I am going to sit for FM in Nov, what do u think if it is possible to take M and FM exam in the same month??? The exam date of Exam M is the day before the FM exam. Or it is very hard?? Or should I wait until next year???

    If I can pass 2 exams in a year before I get hired, can I show them I can handle this high exam commitment to the employers by this point?? or they don't really care?? (because I heard you need to pass at least one exam every year after you get hired.)

    I appreciate all of your advise

    T
    Tears stream down your face
    I promise you I will learn from my mistakes

  2. #2
    Actuary.com - Level I Poster
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    hey.
    Regarding M exam and FM in the same time...
    In my opinion, those two exams are related in a sence.However, to pass M exam, u have to work really hard, imagine yourself, what is your definition of hardwork, and multiply it by 2, anyway, Fm is not that hard however it requires work too. I would suggest , if i may, that its better to take one exam at a time, and put your 150% in it and be sure that u will pass, then trying to pull out two exams at the same time, and not to be that sure in your success.
    I have studied for the whole month , non stop at least 8 hours a day, during those almost 4 weeks, i had maybe one day off from studing. I mean thats a lot of frastration,but at the end it pays off.
    good luck

  3. #3
    Actuary.com - Level VI Poster Ken's Avatar
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    I had 3 exams passed, and I probably had done around 15~20 interviews by the time I got an offer. Towards the end, either I was getting better at interviewing (I think I was getting a better understanding of what I was looking for in a company and career) or the companies were getting more desperate to hire someone because it was nearing the end of the school year. I really like the place I took a job with, and I was at a point where I would have settled for any job. It all ended up working out for the best.

    Don't be so hard on yourself over not getting a job in two interviews. I'm pretty sure my level of frustration was a lot worse than yours after the 15th,
    We have reviewed your background and career activity and although we were impressed in many ways, we are considering other candidates whose overall qualifications are more closely suited to our needs at this time. We wish you luck with your job search and hope you consider us again in the future.
    and when you get to the point where you have that form letter memorized, I'll welcome you to the club.
    Last edited by Ken; July 24th 2006 at 03:18 AM.
    Whether you are the lion or the gazelle, when the sun comes up, you better be running.

  4. #4
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    Quote Originally Posted by Ken
    I had 3 exams passed, and I probably had done around 15~20 interviews by the time I got an offer. Towards the end, either I was getting better at interviewing (I think I was getting a better understanding of what I was looking for in a company and career) or the companies were getting more desperate to hire someone because it was nearing the end of the school year. I really like the place I took a job with, and I was at a point where I would have settled for any job. It all ended up working out for the best.

    Don't be so hard on yourself over not getting a job in two interviews. I'm pretty sure my level of frustration was a lot worse than yours after the 15th,

    and when you get to the point where you have that form letter memorized, I'll welcome you to the club.
    You mean you had three exams passed when you were looking for your first actuarial job from college? I passed P and FM and am going to be a senior, so I think I can still take care of M before I start job hunting. If I may, how many exams to you have now and does the level of pay meet your expectations? Just curious, thanks.

  5. #5
    Actuary.com - Level VI Poster Ken's Avatar
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    I haven't even been working for a month yet. I still have the same number of exams passed. My salary level is what I would consider a little bit above average based on my assumptions of what average is looking at the DWSimpson salary survey. I consider average a little lower than (10th percentile + 90th percentile)/2.
    Whether you are the lion or the gazelle, when the sun comes up, you better be running.

  6. #6
    Actuary.com - Level II Poster
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    I had about 6 interviews after I passed the P exam, and I haven't had any offer. Also, I realize this field is getting competitive, isn't it? 15-20 interviews before you got the first offer. I can image how frustrate you were because I am getting frustrated already after my fifth interview. However, I can feel my interview skill is improving time by time.

    I am taking fm exam in Nov., see if I will get some serious consideration after I pass my second exam.

  7. #7
    Actuary.com - Level VI Poster Ken's Avatar
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    Quote Originally Posted by Ken
    I haven't even been working for a month yet. I still have the same number of exams passed. My salary level is what I would consider a little bit above average based on my assumptions of what average is looking at the DWSimpson salary survey. I consider average a little lower than (10th percentile + 90th percentile)/2.
    I forgot that DWSimpson survey includes paid bonus. I'd be at the higher end if I get the expected bonus.
    Whether you are the lion or the gazelle, when the sun comes up, you better be running.

  8. #8
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    Quote Originally Posted by Ken
    I forgot that DWSimpson survey includes paid bonus. I'd be at the higher end if I get the expected bonus.
    It strikes me a little odd that you passed three exams and you still had to go through 15-20 interviews to get that first job offer. I am thinking, with three exams shouldn't they be BEGGING you to work for them and giving you all sorts of perks? What's going on here?

  9. #9
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    Quote Originally Posted by bork View Post
    It strikes me a little odd that you passed three exams and you still had to go through 15-20 interviews to get that first job offer. I am thinking, with three exams shouldn't they be BEGGING you to work for them and giving you all sorts of perks? What's going on here?

    That's what I was thinking. I've just finished FM and had my first interview for an internship position since I graduate in May. I just found out I got the position and learned it will lead to a fulltime position in the company when I graduate. I guess I just got lucky :X

  10. #10
    You spam? I ban! Irish Blues's Avatar
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    Quote Originally Posted by bork View Post
    It strikes me a little odd that you passed three exams and you still had to go through 15-20 interviews to get that first job offer. I am thinking, with three exams shouldn't they be BEGGING you to work for them and giving you all sorts of perks? What's going on here?
    Ken said:
    Quote Originally Posted by Ken View Post
    Towards the end, either I was getting better at interviewing (I think I was getting a better understanding of what I was looking for in a company and career)
    I've stressed over and over again the importance of good interviewing skills. If you can't interview well, you can have 4 exams passed with a score of '10' and a 4.00 GPA after getting your B.S. in just 2 years and you still won't get a job.
    "You better get to living, because dying's a pain in the ***." - Frank Sinatra

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