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Dinius, FSA | Matthew J. Hassett, Ph.D. Michael I. Ratliff, Ph.D., ASA | Toni Coombs Garcia Amy C. Steeby, MBA, MEd  \nACTEX Learning | Learn Today. Lead Tomorrow.  \nACTEX  \nSOA Exam FM Study Manual  \nSpring 2018 Edition  \nJohn B. Dinius, FSA | Matthew J. Hassett, Ph.D. Michael I. Ratliff, Ph.D., ASA | Toni Coombs Garcia Amy C. Steeby, MBA, MEd  \nACTEX Learning  \nNew Hartford, Connecticut  \nACTEX Learning  \nLearn Today. Lead Tomorrow.  \nActuarial & Financial Risk Resource Materials  \nSince 1972  \nCopyright © 2018 SRBooks, Inc. ISBN: 978-1-63588-182-0 Printed in the United States of America.  \nNo portion of this ACTEX Study Manual may be reproduced or transmitted in any part or by any means without the permission of the publisher.  \n\n|  |  |  |\n| --- | --- | --- |\n|  | Your opinion is important to us |  |\n|  | ACTEX is eager to provide you with helpful study material to assist you in gaining the necessary knowledge to become a successful actuary. In turn we would like your help in evaluating our manuals so we can help you meet that end. We invite you to provide us with a critique of this manual by sending this form to us at\u003Cbr>your convenience. We appreciate your time and value your input. |  |\n\nPublication:  \nACTEX FM Study Manual, Spring 2018 Edition  \nI found Actex by: (Check one)  \nA Professor  \nSchool/Internship Program  \nEmployer  \nIn preparing for my exam I found this manual: (Check one)  \nVery Good  \nGood  \nSatisfactory  \nFriend  \nFacebook/Twitter  \nUnsatisfactory  \nI found the following helpful:  \nI found the following problems: (Please be specific as to area, i.e., section, specific item, and/or page number.)  \nTo improve this manual I would:   \nName:  \nAddress:    \nPhone:   E-mail:    \n(Please provide this information in case clarification is needed.)  \nSend to: Stephen Camilli  \nACTEX Learning  \nP.O. Box 715  \nNew Hartford, CT 06057  \nOr visit our website [at www.ActexMadRiver.com](at www.ActexMadRiver.com) to complete the survey on-line. Click on the “Send Us Feedback”  \nlink to access the online version. You can also e-mail your comments to [Support@ActexMadRiver.com](Support@ActexMadRiver.com).  \nACTEX  \nExam Prep Online Courses!  \nYour Path To Exam Success  \nFull time students are eligible for a 50% discount on ACTEX Exam Preparation courses.  \nLearn from the experts and feel confident on exam day  \n• Comprehensive instructor support, video lectures, and suggested exercises/solutions, supplemental resources  \n• Responsive, student-focused instructors with engaging style and helpful support make preparing for your exam efficient and enjoyable  \n• Complete at your own pace  \n• Weekly timed practice tests with video solutions  \n• Live discussion forums and real-time chat sessions  \n• Emphasizes problem-solving techniques  \n• Comparable to a one-semester, undergraduate-level course  \n• One-on-one instructor support  \nStudent Testimonials  \n“I took the P exam today and passed! The course has been extremely effective and I wanted to thank you for all your help!”  \n“The video lectures were extremely helpful as were the office hours, but the problems and solutions for the book were the most helpful aspects.”  \n“The instructor was very knowledgeable about all subjects covered. He was also quick to respond which led to less time waiting for an answer before moving forward.”  \n“Rich Owens was a great instructor. He was very knowledgeable, helpful, available, and any other positive adjective you could think of.”  \nVisit www.ActexMadRiver.com for specific course information and required materials.  \nNOT FOR PRINT: ADD KEYCODE TEMPLATE PAGE HERE  \nNOT FOR PRINT: ADD K","cbCaiqyxzKelhzvN","https://ap.wps.com/l/cbCaiqyxzKelhzvN","pdf",975538,"English","# Preface\n## Exam FM syllabus updates\n## Module structure and study support","[{\"question\":\"What main syllabus changes are reflected in the Spring 2018 edition?\",\"answer\":\"The revised syllabus removes most material on Financial Derivatives and adds content on determining interest rates and interest rate swaps, including a study note using duration and convexity to approximate present value.\"},{\"question\":\"How is the manual organized in terms of modules and groups?\",\"answer\":\"The manual contains 9 modules arranged into 3 groups of 3. The first group covers basic concepts, the second applies them to topics like bonds and yield rates, and the third addresses more complex real-world concepts.\"},{\"question\":\"What assessments are included after the module groups?\",\"answer\":\"After each group of three modules, there is a midterm exam for progress checking, and at the end of the manual there are 11 practice exams with 35 problems each.\"}]","ACTEX SOA Exam FM Study Manual - Spring 2018 Edition - Volume I | PDF",1790489108,76]