Trial account participants are, therefore, able to view Module 1 and e-Learning system content as if they were candidates completing the course. Take advantage of available study tools. The amount of material covered on the exam is consistent with the large Fellowship exams. Like this: Like Loading Follow Following. ActuarialZone Join 78 other followers. Sign me up. This will jog your brain, and you can gradually massage this clutter into a more cohesive picture.
Before moving on, compare your outline to the assignment to make sure you fully addressed each question — we have mentioned this repeatedly because it is extremely important! Remember: a human-being will be grading your paper, so proper formatting is very important to draw their attention to the main points of your paper. We recommend waiting at least 1 day before editing your initial draft — familiarity can be an obstacle to successful editing. One useful and free tool to efficiently edit your responses is the Hemmingway App:.
Ernest Hemingway is known for his simple and direct style of writing, which is exactly the style that is useful for business communications. The Hemingway App analyzes text for simplicity and readability, assigning you a score to assess your writing. Copy and paste your response into the app, and it will highlight: sentences that are hard to read, uses of the passive voice, unnecessary adverbs, and phrases with simpler alternatives.
The app is not a perfect solution to create a successful paper, but it is incredibly useful and efficient in finding potential areas for improvement. Not only does the app help you pass the modules, but it provides clear and objective feedback to help you improve your written communication. Note : You may not want to listen to every suggestion from the app — some actuarial terminology will be flagged as overly complex, but it may be very appropriate for your EOM exercise response.
Use your own discretion in accepting suggestions. Before submitting, we advise double-checking any formatting rules outlined in the assignment e.
It is important to follow directions, address the prompt thoroughly, and adhere to submission guidelines. Breaking the modules into the manageable steps from this article should help you get started, but there are additional strategies you can use for motivation:. As an ambitious actuarial student, you may be tempted to push through this fatigue to reach your daily study goals — you should resist that temptation.
These forced study sessions not only prevent you from fully grasping the material, but they further prevent you from recovering and achieving optimal performance.
The modules and the exams are a long-term process, and you should pace yourself accordingly. One of the best ways to sustain long-term motivation is cultivating the self-awareness to know when you can benefit from a break. Setting appropriate goals is critical. For the modules, students often set goals to get through X number of slides in each study session — we do not recommend this approach.
As we discussed earlier, not all information is equally important, so you should not set an arbitrary goal for X number of slides. Instead of focusing on quantity of information, you should set your goals around depth of understanding. To turn this into a more concrete goal, you can aim to understand a section well enough to explain it in your own words can use the Feynman Technique discussed in our book. Focusing on the end game helps you set appropriate goals and manage motivation throughout the modules.
This theory is very relevant for the modules; you can schedule short study sessions e. These short sessions are helpful to maintain a high level of focus, as our attention span naturally depletes the more time we spend in a single study session. This hurts morale, wastes time, and kills momentum! If you work for a company that gives you paid study time, you can use the total study hours as an overarching time constraint and work backward to schedule daily sessions.
For example, we set a high-level goal not to study more than the company-given hours. Starting with the overall study hours granted, we allocated a certain number to each module, and then further allocated hours to daily study sessions e. One option is to design a reward system for your progress — maybe you allow yourself a Netflix binge on the weekend if you stick to your study schedule during the week.
The right rewards will be highly individual, so have fun experimenting with different systems to work for you. You can use websites such as Stickk. This may sound like an odd method, but it is very effective. How to approach the readings preview the module, create a folder structure for notes, download the EOM exercise, and then do a full read-through with notes. How to approach the EOM exercise Make an effective outline, write your first draft, use editing tools such as the Hemingway app, and finally submit the exercise.
In the end, we enjoyed the modules as another avenue to become a more dynamic actuary. These articles are just the tip of the iceberg - our best content comes through our email list. I have yet to start the EOM exercise but I just finished all of the slides and the test for Module 1 and it says completed but I have a score of Does this score mean anything? I've been reading your blog and it's amazing. How long did it take you to complete the FAP course?
A middle aged person's quest to take the Actuarial Exams. I was able to pass all of these on the first try. Each module has a series of slides to review as well as assigned book reading. A typical module might have 5 sections, each with slides to read, and then refer you to 5 or 6 chapters to read in the various books that go along with the modules. After you complete that, you will have an end of module assignment, which is generally a series of calculations and write ups you will have to do that relate to what you read.
The IA is a large scale series of tasks that you have a 30 day window to complete. The IA relates to material in Modules The FA is a large scale series of tasks that you complete after Module 8, and you have 96 hours after starting it to submit your final result. Module Strategy Each Module consists of a large series of slides, assigned book reading, and some case studies and handouts within the slides. After you complete this material, Modules and have end of Module exercises to complete.
For each Module, I first downloaded and reviewed the End of Module assignment to get an idea of what I was going to have to work through at the end of the module. I then read every slide straight through. So, for each Module I kept a document that listed every book reading that was assigned, and where it was assigned. I used google docs, but a word doc or anything similar would suffice.
I also kept notes in another section on the same document. So, if a slide had content I thought was worthy notes I would either type a summary in my notes, or copy and paste the section directly into my document. As I made the notes, I used the same s4s30 type notation to note which slide the notes came from.
This is useful when you are going back and want more detail on what you noted! The Modules each contain various handouts to read and case studies. I saved each of these into a folder on my computer, and read the handouts as they came up in the slides. Many of the case studies require calculation work in a spreadsheet — so they essentially function like homework to reinforce the concepts.
For the case studies, I reviewed the assignment and the data, and decided whether I felt it was really necessary to follow all the steps to get the main ideas, or if I could just review the summaries. Most of the time I did not work through the entire case study, but I did spend time with it to absorb the ideas.
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