The Society of Actuaries announced last year that the syllabus learning objectives and readings for Exams FM & MFE would be changing for the summer 2017, beginning with the June 2017 FM Exam sitting and the July 2017 Exam MFE sitting. Continue reading “SOA Exam FM & MFE Syllabus Changes for Summer 2017”
Actuary and author Abraham (Abe) Weishaus, PhD, FSA, CFA, MAAA, is a well-known and influential figure in the actuarial community whose study materials have helped thousands of grateful actuarial students pass their exams. We’re excited to share our interview with him below. ASM recently published a brand new Exam P Study Manual written by Weishaus, which is available now at the Actuarial Bookstore and ACTEX Mad River Books.
Abraham was formerly a financial reporting actuary for Guardian Life Insurance Company, and he served on the SOA’s Education and Examination Committee for 11 years. He also taught exam preparation courses for the Actuarial Society of Greater New York (ASNY) for 15 years and for CAMAR for 6 years. Currently an adjunct professor at Columbia University, Abraham also teaches exam preparation courses at St. Johns University. He has been an author of ASM Study Materials for more than 16 years and currently publishes materials for P, CAS S, MFE, MLC, and C.
ActuarialZone: When did you first become interested in becoming an actuary, and what influenced your decision to pursue this career?
Abraham Weishaus: I first heard of the actuarial career in college. The math department adviser encouraged students to pursue this career as an excellent way to apply mathematical skills. I was more interested in academia at the time. But when I completed my doctoral studies, I found it hard to obtain academic employment. The actuarial exam system was one factor that made me like the career–the fact that one could advance in the career, at least initially, merely by mastering the skills necessary and proving that one had mastered them. Another factor was the easy availability of jobs locally; I was not keen to move. And I liked the mathematical and technical aspects of the job, the ability to apply what I had learned.
Studying for actuarial exams is necessary to pass and advance your career, but it’s also time consuming, stressful, and can effect your overall health. This infographic covers some concerns to be aware of, and also offers tips on coping with exam anxiety and stress.
- Exam stress can have a devastating effect on student health with 1 in 2 students saying they have skipped meals and 2 in 3 saying they have trouble sleeping as a result.
- 63% of students say the cause of their exam stress is the fear of not getting into university based on poor exam results.
- 53% of students talk to friends as a way to cope with their exam stress and 29% talk to family members.