They say that the early bird catches the worm, and in some ways that’s true for Actuarial exams as well. The earlier that you can start studying, the more time that you will have to get through the material and digest what you have learned (sorry, I couldn’t resist ).
If you’re starting early on the online seminar for 2008, you will have immediate access to the online seminar from 2007. As you will see, the material is broken down into specific sections that cover consistent topics. Where possible, I have attempted to combine the study material to avoid redundancy.
Fortunately, almost everything on the syllabus is exactly the same for 2008, but there are a few sections that have been removed and a few new sections to add. I wanted to give a brief summary of the changes so that you don’t waste any time studying material that is no longer on the exam.
Here is a list of the sections from 2007 that are no longer on the syllabus for 2008 and will be REMOVED from the online seminar:
- 2007 Section A.3.1 — Recent Developments in the Annuity World
- 2007 Section A.3.3 — Whither the VA?
- 2007 Section B.2.11 — Pricing a Select & Ultimate Annual Renewable Term Product
There are 6 new items that have been added to the syllabus for 2008. I’m still reviewing these items, but right now it looks like nearly all of them will be added to Section B.2 in my online outline. I plan to post an update when these sections are recorded and available.
Hopefully that gives the “early birds” an idea of what’s new for 2008!