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Study Materials - prep for Exam 1/P and/or for further exams

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  • Study Materials - prep for Exam 1/P and/or for further exams

    What book(s) from the soa.org reading list have you found most useful for prep for Exam 1/P and/or for further exams?

    I would really prefer not to buy all of them - I can't even find most of them in the UK. Any suggestions would be appreciated!


    Also -- have any of you used both BPP and Actex study materials? I'm leaning toward Actex, can anyone convince me otherwise?

  • #2
    Asm

    I would certainly encourage you to consider the ASM manual.
    Want to know how to pass actuarial exams? Go to: smartURL.it/pass

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    • #3
      I'm currently using ASM...

      So far - it's going well. Bear in mind that I've had a calculus course, and a probability/stats course - but never calculus based probability.

      Is there a specific textbook you would suggest to use Dr. Ostaszewski?

      Thanks,
      Stephen

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      • #4
        Specific book

        I have made every effort for the ASM manual for exam P to be completely self-contained, so that you do not need any additional book. If you absolutely must have a textbook, my favorite probability and statistics book is by DeGroot. Also, the book by Michael Bean listed as a possible reference by the SOA is good. Both books definitely go much further than you need to for exam P. But then again, I have always been in favor of overstudying, so that to never repeat an exam.

        I have found four typos in the ASM Manual for exam P, and have posted corrections for them at this web site (in a PDF file):
        http://www.math.ilstu.edu/krzysio/P-Manual-Errata.pdf

        Yours,
        Krzys' Ostaszewski
        Want to know how to pass actuarial exams? Go to: smartURL.it/pass

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        • #5
          Yeah - so far for me it's been entirely self contained - I was just curious in case I need some further help on the subjects I've yet to be exposed to.

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          • #6
            Exam P ASM manual

            Where can I get ASM manual?Can I download it for free or do I need to buy it?Any help will be greatly appreciated.

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            • #7
              Originally posted by Saikat
              Where can I get ASM manual?Can I download it for free or do I need to buy it?Any help will be greatly appreciated.
              http://www.studymanuals.com/exam1.htm

              You'll have to buy it. Haven't seen the price yet, though. Ask Dr. Ostaszewski if you have any questions about it.

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              • #8
                http://www.actexmadriver.com/productdetails.cfm?PC=377

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                • #9
                  ASM Manual

                  The practice exam No. 5 from the ASM manual is available as a free download at:
                  http://www.studymanuals.com/exam1.htm
                  The manual costs $84. If you take my intensive review for exam P at Illinois State University:
                  http://www.math.ilstu.edu/actuary/prepcourses.html
                  you will get a complimentary manual, but the review costs $250.
                  The review will include a new practice exam given in real exam-like setting.

                  Yours,
                  Krzys'
                  Want to know how to pass actuarial exams? Go to: smartURL.it/pass

                  Comment


                  • #10
                    Everyone keeps referring to Actex and ASM... are they both the same? or are they different books? or what?

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                    • #11
                      Different books by different authors

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                      • #12
                        http://www.actexmadriver.com/productdetails.cfm?PC=1135

                        Is this the Actex book used?

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                        • #13
                          Actex and Asm are two different companies that produce study manuals for different actuary tests. And for textbooks, i much prefer Sheldon Ross's A first couse in Probability over DeGroot's Probability and statistics. Unless you plan on going much more in depth than what the p/1 test requires(you would only need about a third of DeGroot's book), i would get Ross's. I found it much clearer.

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