Table of Contents
What calculators are allowed on the actuarial exams?
Candidates may ONLY use the battery or solar-powered Texas Instruments BA-35 model calculator, the BA II Plus*, the BA II Plus Professional*, the TI-30Xa or TI-30X II* (IIS solar or IIB battery), or TI-30X MultiView (XS Solar or XB Battery).
What calculator can you use on exam FM?
BAII Plus
The best calculator for Exam FM is the BAII Plus (again, see it on Amazon here) because of it’s helpful functionality that the TI-30XS doesn’t have.
What is actuarial rate?
An actuarial rate is an estimate of the expected value of the future losses of an insurance company. Usually, the estimation is predicted based on historical data and consideration of risk involved.
How many actuarial calculators should you bring on exam day?
The SOA has a list of approved calculators for actuarial exams. Out of that list, there are two worth considering. Regardless of which calculator you choose, you should bring two calculators on exam day. You don’t want to be left hanging if the battery dies or if one breaks.
What is the best calculator for exams?
Think of it as cheap insurance. Get your calculator early so you can be comfortable using it by the exam date. At the end of the day, being comfortable with your calculator is more important than choosing a particular model. The TI-30XS Multiview is your best option for every exam (except FM – more on that below).
What is the best calculator for exam FM?
You can even go back and use answers from calculations you’ve previously done which helps a lot with speed on exam day. The best calculator for Exam FM is the BAII Plus (again, see it on Amazon here) because of it’s helpful functionality that the TI-30XS doesn’t have.
What is the coaching Actuaries study bundle?
The Coaching Actuaries Study Bundle is essentially a full-blown college course on Exam IFM (except way cheaper than what universities charge you). The videos are more engaging. You can see the instructor speaking to you, with on-screen formulas and annotations (rather than speaking over PowerPoint slides).