Exam 2/FM Suggested Study Schedule

by The Infinite Actuary

www.theinfiniteactuary.com

Subject

Interest
Theory

Derivative
Markets

Review &
Problems

Topic

Finish By

Section

Interest Rate Measurement

4/26

A.1

Valuation of Annuities

5/8

A.2

Project Appraisals and Loans

5/20

A.3

Bond Valuation

5/27

A.4

Term Structure of Interest Rates

6/3

A.5

Cashflow Duration and Immunization

6/8

A.6

Additional Topics in Finance and Investment

6/15

A.7

Introduction to Derivatives

6/17

B.1

Forward Contracts and Options

6/20

B.2

Insurance, Collars and Other Strategies

6/26

B.3

Introduction to Risk Management

7/2

B.4

Forwards, Futures and Swaps

7/6

B.5

Commodity and Interest Rate Swaps

7/11

B.6

Work as many problems as you can

Practice Tests

7/14 - 8/12

Problem Sets
TIA Sample Exams

Tips
1. Try your very hardest to stay ahead of schedule. If you fall behind schedule, then you will not have the last
month to just work problems. This time spent working problems is the real key to passing the exam.
2. Watch the lessons and then work as many problems as you can from the end of section problem set. Start at
the back of each problem set and work backwards. Most likely you will not have time to work all the problems.
That's why there is a month at the end of the schedule devoted to just working problems.
3. Don't spend too much time on any one section. If you are really struggling with a particular topic, then contact
me and we can work through it.
4. During the last month work 5 problems from A.1, 5 from A.2, 5 from A.3, and so on. This will help you stay fresh
on all the material. If you work all A.1 problems, then all A.2 problems, you might forget some of the A.1 concepts
by the end of A.2.

2009 The Infinite Actuary, LLC