Studying for actuarial exams can be exhausting to the mind and the body. Most students put forth months of late nights, poring over books with intense studying. This is a mentally, physically, and an emotionally strenuous process.
The constant assault on the brain that actuarial students go through to successfully pass an exam is very taxing; without taking proper time to recharge, students can get burned out.
“Slow and steady wins the race.”
Rushing through two or three months and then having to take time off to fully recharge and regain interest is not as practical in the long run as compared to the approach of studying steadily and passing exams at a constant rate every six months or so.
While it is undeniably important for actuarial students to work hard and do their best to past their actuarial exams in a timely manner, it is also paramount for them to rest as well. I recently passed P in late May and was looking forward to beginning studying for Financial Mathematics, but after a few days of studying I realized it was important to take a break and relax for a few weeks before beginning to study for my next exam. This break has allowed me to concentrate on other things I enjoy in life and recharge my mind and body.
There is so much that actuarial students give up in the course of their study, from the small things such as missing a night out with friends to more important things such as family time. Taking a break after passing an actuarial exam gives the actuarial student time to concentrate on the other parts of him or herself. The time between actuarial exams can be used to rest and enjoy time with the support base of friends and family.
While actuarial students certainly need a good break to recharge themselves in all areas, it is important to not take too much time off. Taking a very long hiatus from studying can result in a lack of motivation and drive to continue passing exams.
Ultimately, work hard, but not too hard. A student knows him or herself best and must assess what works most effectively for them. Some students prefer time off, some are eager to start, and others feel lost without committing study time. From experience, see what works and go with that and don’t be afraid to reward yourself with the enjoyable time off from studying. It is important to pursue other things in life. Exams are important, but so is life.