72 Hours and Counting: The Final Preparation

Written by Dan Slomski:Picture1

So, you’ve made it this far. At this point, studying has consumed hundreds of hours of your life and, now, it is time to make them count. Perhaps you feel as if you are completely prepared for the exam; on the other hand, you may have simply run out of time and your earned level might not be the 7 you were aiming for. Either way, the exam is right around the corner, so be sure to make the most of the time that remains. When time is limited, there are 5 critical keys to success.

Review the formula sheet.

Ask yourself; do you know how to apply every formula on the formula sheet? With only 72 hours left for review, there may not be enough time to learn and master an unfamiliar topic. For this reason, it may be beneficial to reinforce the topics for which you are already familiar.

The “you know it or you don’t” questions.

Actuarial exams typically include a few problems that should take less than 30 seconds to answer. The concern with these is that they often involve topics that are visited less frequently on the syllabus. Therefore, memorizing formulas that are encountered less, but are very simple to apply, can be the difference between passing and failing the exam.

Adapt Review Videos

As a subscriber of Adapt, several supplementary videos are offered to reinforce fundamental concepts on the exam syllabus. These videos are concise and can be studied quickly. They may demonstrate shortcuts to solving problems on topics you haven’t yet mastered. If you are foggy on a certain lesson, Adapt videos may clear up the concept in minutes.

Ask for advice

If you are preparing to take an actuarial exam, it is more than likely that you know a student, professor, or colleague that has already passed the exam. Don’t be afraid to ask for help on topics you don’t understand. They know what it takes to pass.

Relax

You have worked hard to get here, and your brain is working even harder to process all of this information. Studies have shown that those who watch a movie, socialize, and get a good night’s sleep the night before an exam, often perform better on those exams. That being true, don’t stress out the night before the exam and, certainly, do not cram! Take a break, hang out with friends, and maintain all the brainpower needed to pass your actuarial exam.