Posts

Showing posts from June, 2025

Financial Mathematics CT-1 Finally Paid Off

Image
 How you may ask,  I sat for my financial mathematics paper in 2017. For those who do not know what this is, here is a summary. In the pursuit to be an actuary, there are exams that you are supposed to take and pass. Financial Mathematics (CT-1) was the name of one of it in the Institute and Faculty of Actuaries (IFoA) exam system before they changed the syllabus and consequently the exam paper names. I passed this paper on the first trial with what I would consider an excellent grade. The surprising bit is, as a unit/course, Financial Mathematics 1, was one of my three lowest scores in my entire undergraduate. So, this felt like part vindication that given different circumstances and motivation, I can do pretty well. I studied for the exam for probably more than 3 months, did almost all the past papers leading to that year and checked them against examiners' reports - thanks to the IFoA  repository . I did have a study buddy during this period. I did 2 more actuarial exa...