This online course is designed to meet the
needs of students preparing for SOA/CAS Exam MFE/3F. It will be like a regular academic course except
that you won't have to travel and you won't have to be at a certain place at a certain time to attend the class.
How will it be run?
Every week I will send you
a reading assignment, a write-up summarizing the basic concepts, illustrative exercises, and a quiz. You may ask me questions
at any time and I will try to respond as promptly as I can. Also, I will put up discussions of common interest on the web
site or send them by e-mail. This continual interaction is the most important part of the course.
There will be a Forum page on this web site through which you can hold discussions
with other students.
During
the course there will be two exams. (Please see the calendar below for dates.) They will constitute excellent practice
for taking the SOA exam. Please reserve a good part of the day for each exam.
How will the exams be given?
I will send out the exam by e-mail and/or post it on course web site at 9 A.M. Central time.
You take the allotted time and send me your answers. Then I will send you complete solutions and we will discuss any questions
you might have.
Online Course text required :
ACTUARIAL MODELS : A Study Guide for Course MFE - by G.V. Ramanathan - 2011 Edition,
downloadable PDF version. Cost: 60 dollars
DERIVATIVES
MARKETS by Robert L. McDonald
The
reading assignments will follow the Study Guide with some references to McDonald. For a description and of the Study
Guide and sample pages please click here. Software
requirements: I will send out and post files in pdf format. In order to read them you will need Adobe Acrobat Reader,
which you can download from:
TENTATIVE SCHEDULE