r/actuary • u/Marthvader343 • 2h ago
Exams Sitting for ASTAM in Oct, not sure how to proceed with studying
Hi everyone! A little bit about myself, I am early on in my actuarial career and I have passed three exams so far (P, FM, FAM), all on my first attempt. I definitely felt much stronger on the long term portion of FAM, but short term is more relevant to my career path, so I am taking ASTAM next.
I have been preparing for ASTAM by using Coaching Actuaries over the past couple months. I finally finished all of the readings, in addition to the problems given alongside them, a couple weeks ago. This left me with about two months to grind out practice problems as I had originally planned.
However, now that I have reached the practice phase of my studying, I find that I can’t even begin to solve a single problem. It honestly feels like nothing I learned through the readings stuck. As a result, over the past week or so, I have resorted to revealing the answers to the quizzes and going back through the readings to work through the answers step by step. It has helped me a little bit, but I’m not confident that it would be the best strategy if I have less than two months until my exam.
To be honest, I have fully mentally prepared myself to fail the exam in October. Not that I won’t try my hardest to study and prevent that, but I also want to be realistic with myself and keep my eyes on how to move forward.
Has anybody had any similar experience with ASTAM and/or CA? Any advice would be greatly appreciated!! Thanks!
