Actuarial Outpost
 
Go Back   Actuarial Outpost > Actuarial Discussion Forum > General Actuarial
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions

Search Actuarial Jobs by State @ DWSimpson.com:
AL AK AR AZ CA CO CT DE FL GA HI ID IL IN IA KS KY LA
ME MD MA MI MN MS MO MT NE NH NJ NM NY NV NC ND
OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY

General Actuarial Non-Specific Actuarial Topics - Before posting a thread, please browse over our other sections to see if there is a better fit, such as Careers - Employment, Actuarial Science Universities Forum or any of our other 100+ forums.

Reply
 
Thread Tools Search this Thread Display Modes
  #21  
Old 02-14-2020, 01:26 PM
#Hawaii2019 #Hawaii2019 is offline
Member
CAS
 
Join Date: Sep 2017
Studying for Hawaii
Posts: 1,167
Default

Quote:
Originally Posted by CrispyCobb View Post
The average age at the Dec 2019 FAC was 30 (it was a stat in the final session).
Quote:
Originally Posted by NerdAlert View Post
Mean, median, or mode, I wonder?
average would imply mean, but median would probably be the more useful stat
Reply With Quote
  #22  
Old 02-15-2020, 12:50 PM
hrm57's Avatar
hrm57 hrm57 is offline
Member
SOA
 
Join Date: Mar 2019
Posts: 168
Default

So taking everything into consideration, sounds like my timeline is reasonable.
Reply With Quote
  #23  
Old 02-15-2020, 04:38 PM
exponentialpi's Avatar
exponentialpi exponentialpi is offline
Member
SOA AAA
 
Join Date: Nov 2008
Location: Po
Studying for ACA
College: Graduate of hard knocks
Favorite beer: Cold Smoke
Posts: 1,525
Default

Quote:
Originally Posted by Vorian Atreides View Post
This assumes that one is sitting for an Exam at every opportunity and that nothing else is a priority in one's life.

Or that one shouldn't include an "life happens" factor in their goals and planning.

Or that the only plan worth making is one that is 100% idealistic.

What's wrong with attaining one's goals ahead of plan?
Or having to deal with a recession and RIF.
Reply With Quote
  #24  
Old 02-15-2020, 05:14 PM
hrm57's Avatar
hrm57 hrm57 is offline
Member
SOA
 
Join Date: Mar 2019
Posts: 168
Default

Quote:
Originally Posted by exponentialpi View Post
Or having to deal with a recession and RIF.
RIF?
Reply With Quote
  #25  
Old 02-15-2020, 07:39 PM
Cooke Cooke is offline
Member
SOA AAA
 
Join Date: Jul 2013
Location: Vancouver BC
Favorite beer: Dark Matter
Posts: 4,216
Default

Quote:
Originally Posted by hrm57 View Post
I am 23 right now and have 2 exams, sitting for IFM in July. I know it’s not always a great idea to think too far ahead, but I want to set reasonable goals for myself with regards to obtaining ASA and FSA.

I was thinking:
-ASA at 27
-FSA at 30

What do you guys think? What were/are your goals regarding credential timelines and your reflections on them?
The average age for new FSA’s was 27 when I qualified; 5 years after passing the first two exams was typical. I was right on these averages without studying long hours but the exam/credentialing process today is longer and employers are more demanding. Your estimates don’t look unreasonable by current standards.
Reply With Quote
  #26  
Old 02-15-2020, 08:19 PM
NerdAlert's Avatar
NerdAlert NerdAlert is offline
Member
SOA
 
Join Date: Sep 2009
Studying for a hobby.
Favorite beer: Guinness
Posts: 8,650
Default

Quote:
Originally Posted by hrm57 View Post
RIF?
Reduction in force. Layoffs.
__________________
If we have no peace, it is because we have forgotten that we belong to each other. - Mother Teresa
Reply With Quote
  #27  
Old 02-18-2020, 04:05 PM
Numbers Nerd's Avatar
Numbers Nerd Numbers Nerd is offline
Member
SOA AAA
 
Join Date: Sep 2001
Location: Midwest
College: University of Wisconsin
Favorite beer: Ale, Lager, you name it
Posts: 1,750
Default

A few years back, I computed the average age at fellowship of a series of SOA presidents, and came up with 31. Another data point...
Reply With Quote
  #28  
Old 02-19-2020, 02:32 PM
TooTiredtoCare TooTiredtoCare is offline
Member
SOA AAA
 
Join Date: May 2018
Posts: 43
Default

Sounds like it is too long to me. I would focus on taking an exam each sitting so you can be free. Constant studying will wear you and your family down, so the quicker you are done the better. I started at 22 and am attending FAC in March for FSA at 26. I had two kids in that span of time so its definitely doable quicker than 7 years.
Reply With Quote
  #29  
Old 02-19-2020, 10:21 PM
hrm57's Avatar
hrm57 hrm57 is offline
Member
SOA
 
Join Date: Mar 2019
Posts: 168
Default

Quote:
Originally Posted by TooTiredtoCare View Post
Sounds like it is too long to me. I would focus on taking an exam each sitting so you can be free. Constant studying will wear you and your family down, so the quicker you are done the better. I started at 22 and am attending FAC in March for FSA at 26. I had two kids in that span of time so its definitely doable quicker than 7 years.
Seems ambitious compared to the other responses, but since I am living in the po(ish) right now and there is not a ton to do, I could try to take an exam each sitting for now.
Reply With Quote
  #30  
Old 02-20-2020, 10:35 AM
TooTiredtoCare TooTiredtoCare is offline
Member
SOA AAA
 
Join Date: May 2018
Posts: 43
Default

I don't know what po means, but I found exams and studying really really miserable and just wanted to be done so I put in the hours and being done is just lovely - definitely worth the hermit lifestyle for the past 4 years. Granted my house was never clean and we ate a lot of take out so there are tradeoffs.
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 09:31 PM.


Powered by vBulletin®
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.42517 seconds with 11 queries