The essence of the value actuaries provide is to manage risk. A close partner in our business of managing risk are the CFA professionals. Receiving the CFA credential involves passing 3 exams in addition to other requirements. The 3 exams are similar in structure to the initial actuarial exams. They are difficult exams that are primarily in a multiple choice format. As a result of the similarity between the two exam systems, we decided that Adapt would be a useful tool to help students pass the CFA exams.
I am excited to announce that Adapt is now available for students to prepare for the CFA exam. We are partnering with the Passed Tense team to create content that can be used to develop Adapt practice problems, a study manual, and video instruction. There are three reasons why I’m sharing this news.
First, if you are considering achieving the CFA credentials, Adapt combined with the Passed Tense team is now ready for the Level 1 exam. You can review Adapt and the Passed Tense system here: passedtense.com.
Second, if you know someone who is currently studying for the CFA exam, please let them know about how Adapt can be used to prepare them for their exam.
Third, and probably most important for many of you, because of our expansion into the CFA market, we are able to leverage our R & D so that Adapt is improving at a faster rate. For example, we are currently working on a new tool that helps schedule your exam study. This tool is designed by the Passed Tense team. The funding for this tool is available because it is allocated over two business units. As a result, everyone wins.
Winning combinations. That is what we get excited about. With that said, do you have any features that you would like to be added to Adapt? We are constantly working on improvements. The best ideas are the ideas that come from our customers. Feel free to share your ideas by responding to this blog. Happy Adapting actuaries and CFA students!