Passing your first preliminary actuarial exam is a huge accomplishment. Here are the do’s and don’ts that got me over the hurdle. First the Don’ts.
- Don’t approach the exam like you would study for a college course
- Don’t study from the required textbook
- With that, don’t study from the end of the textbook exercise problems
- Don’t wing it thinking you know everything about math
- Don’t rely exclusively on the SOA sample problems and memorize the solutions
- Don’t start your studying two weeks before the exam
- Don’t bring just one calculator during exam day
- Do study from an Actuarial Exam study manual
- Do plan out a study schedule for four to six months out
- Do take time to learn the material and apply it to any odd situation
- Do practice many problems. Practice makes perfect.
- Do bring two calculators to the exam
For more do’s and don’ts along with more specific exam strategies, make sure you purchase the All Around course where I share those tips with my students.