Studied my ass off for this exam. I believe I passed (will know in a week for July’s sitting) but still had 4 WTF questions that stumped me. The computational stuff was easy, conceptual was hard. Would love to see a more in depth on your MAS-1 experience. (You briefly mentioned the exam in your other video)- Going into more depth about how you studied (source text? Adapt?) test taking strategy (with the CAS point system), topics of high/low importance, general advice, etc. I’m sitting for it in October (first time)
I was pretty much in the same position but I took IFM. I didn't have any background but the material was pretty easy to understand. During the exam, I was relaxed, nailing it... And then, a couple of conceptual questions brought me down to Earth. Really, really hated those questions. I ended up passing with a 7. Not a fan of this exam, tho
My history with IFM: After taking P and FM I looked at the syllabus for IFM and felt very confident because I had studied a lot of the concepts before in college. I only used Adapt and felt quite prepared going into the exam, but I ran out of time. Everyone always says to practice under exam conditions but I never held myself to the time limit. Got a 5 on my first attempt. My second attempt felt much better last month, I actually finished with almost an hour left because I had practiced going at light speed. However I'm still not certain if I passed, because I forgot about the exhibit with certain formulas we needed, but hopefully those won't make the difference. I had also never seen some of the material in the conceptual questions, so just be aware that if you only use Adapt, you may find some foreign concepts on the real thing. I'd say there is a big jump in difficulty from P & FM to IFM, as well as another jump in difficulty from IFM to MAS-1 for anyone who takes that.
Thanks for sharing and good advice. I thought MFE/IFM was harder than P/FM and felt the least confident about passing it. Fortunately, I did pass it the first time. In my opinion, MAS1 was waaaaay harder than the first three exams. Got a 5 my first attempt due to bubbling in an answer choice wrong on the scantron... incredibly frustrating. Soo much more material and 45 questions in 4 just isn't enough time (not to mention the guessing penalty). If you forget any shortcuts it's almost impossible to resort back to fundamentals (although i did on a few variance problems which saved me) because most of the concepts are pretty sophisticated when you try to boil them down to the theory they originated from.
That's rough with the bubbling error. And it's more common than people might think - I know someone else who did the same thing. Also second the time constraint and difficulty of MAS-1, just about everyone I know who passed cut it quite close and felt slightly traumatized from the depth and amount of material covered. Definitely glad IFM is the one I had to retake rather than MAS-1.
Jonathan Haglund I have to agree with you there, sir. I’m confident that you passed IFM this time.. when I was waiting for scores to come out on MFE, I remember thinking “there’s no way I missed more than 8!?” Based off your prior comments, it seems you’re in a similar position.
I’m planning to take exam IFM.I will start preparing in October and I’ll take the exam on March. I’m a full time student,so is it enough time for preparing? Your videos are so good and helpful Thank you !
How did this exam compare to adapt? Would you say most exam problems were consistent with the 4-6 adapt difficulty range? That's how I would estimate the P and FM difficulties
What is your guys opinion on IFM real exam v.s ASM practice exams (Especially last 3/4 exams) , are the difficulty similar with those practice exams as I have some difficulty to solve last exams?
@@elliottlastnameblank7916 yes but the first three exams are taken through the SOA. IDK why they have different names through the CAS, you get credit for 1,2 ,3 by taking P, FM, IFM.
@@shafimkhoda1444 I believe IFM does give you instant results now going forward. Pass as many exams as possible would be my advice. The "pass too many exams" idea is just a myth, I assure you. The only issue with passing too many is that you will have to decide which actuarial path you are pursuing to take more than 3 (i.e. SOA or CAS)
