Study Smarter, Not Longer!
The CAS has canceled the Spring 2020 sitting. All students who purchased the Spring 2020 material will continue to have access through the Fall 2020 exam date with no affect on future extensions.
Due to the cancelled Spring 2020 sitting the CAS has generously spread out the Fall 2020 exam dates, making doubling up on MAS I or II and CAS 5 a feasible undertaking given they are scheduled approximately a month apart. Doubling up on exams is quite the undertaking under any circumstance, but given the time remaining, and the gap between exam dates, it could be a realistic option for some to essentially make up for the lost sitting. The design of teaching the CAS 5 material in a very efficient manner makes my manual particularly useful in this situation. Those doubling up in the Fall will receive extra extensions, if needed.
Since there is no known errata at this time and no Spring 2020 exam, there will be no update to the manual for the Fall 2020 sitting, it will be the same as the Spring 2020 edition.
Like many students, I found that much of the exam syllabus readings and available study material left a lot to be desired. Explanations often lacked intuition, resulting in increased study time, blind memorization, and sub-par understanding.
After recently completing my Fellowship, I decided to build the study material I wish I had when studying for exams.
I have developed this manual with the goal of allowing students to learn the material more efficiently and intuitively, resulting in a deeper understanding that not only increases their likelihood of passing the exam in less time, but also sticks with them throughout their careers. Don't take my word for it, here are some recent testimonials.
By teaching study habits that are optimized for this style of exam and providing instruction that teaches the "why" rather than simply regurgitating the "what" or "how" of the material I am able to cut down on your needed study time while increasing your understanding of the material and likelihood of passing.
As a consulting Actuary I have a deep understanding of the material and extensive experience explaining complex topics in an easy to understand and intuitive way. To successfully pass exams with confidence in today’s environment you need to fully understand the material on a deep and intuitive level.
The Study Material includes:
Complete study manual covering the entire syllabus
Original and prior CAS practice problems (PDF and Excel versions)
Original practice exam (PDF and Excel versions)
Fully functional Excel workbooks containing all end of chapter exhibits from the reserving text and appendices from the ratemaking text
Condensed/summary notes and flashcards
Advanced problem set (for second pass through material- PDF and Excel versions)
Past three CAS exams held out separately for use as practice exams
Recommendations on length of answer given the exam time constraints, including sample handwritten solutions
The video seminar includes instruction covering all material, in depth examples, and numerous practice problems. Video are available on-demand.
Assuming your budget allows for it, I highly recommend purchasing both the instructional videos and study material as the videos supplement the study manual rather than simply going over the manual again. I decided to offer the study material alone for those who do not have the budget for both.
-If you fail, you are entitled to a free update for the next sitting. I am also very generous with additional extensions as long as I feel you are not abusing the system.
-The study manual also includes tips for effective studying and exam taking. I have read a fair amount of research on how we best learn and retain information, including optimal study techniques for maximum understanding and retention. I have incorporating this knowledge into the design of the study manual, practice problems, and review.
-The manual is in PDF format (excluding the Excel files). You will be responsible for printing it yourself if you so desire (I very strongly recommend you print it double sided and in color). Please note, each file contains unique hidden identifiers to protect against unauthorized sharing or resale.
Samples from Chapter 12 - Case Outstanding Development Technique
(if using the default PDF reader on a Mac you may need to install the "Cambria" font or use Adobe Reader to view properly)
If you feel you need additional samples to make your purchasing decision, please send me an email.
I look forward to helping you on your journey through the exams.
Best of Luck,
© 2020 by Jim Bedford, FCAS, MAAA