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



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
  #1  
Old 02-12-2020, 09:09 PM
hrm57's Avatar
hrm57 hrm57 is offline
Member
SOA
 
Join Date: Mar 2019
Posts: 168
Default What is a reasonable goal for my ASA/FSA?

I am 23 right now and have 2 exams, sitting for IFM in July. I know itís 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?
Reply With Quote
  #2  
Old 02-12-2020, 09:37 PM
trueblade's Avatar
trueblade trueblade is offline
Member
CAS
 
Join Date: Jul 2012
Location: Castlevania
Studying for Freedom
Posts: 1,269
Default

Quote:
Originally Posted by hrm57 View Post
I am 23 right now and have 2 exams, sitting for IFM in July. I know itís 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 ACAS
-FSA at 30 FCAS

What do you guys think? What were/are your goals regarding credential timelines and your reflections on them?
Sounds good to me
__________________


ACAS 7 8 9
Reply With Quote
  #3  
Old 02-12-2020, 10:04 PM
kylartheactuary kylartheactuary is offline
Member
SOA
 
Join Date: Oct 2019
College: Purdue
Favorite beer: root
Posts: 46
Default

Seems reasonable.
__________________
P FM IFM C LTAM PA
1 2 3 4 5 6 7 8 FA
M/S E A/F
APC
Reply With Quote
  #4  
Old 02-12-2020, 10:43 PM
Colonel Smoothie's Avatar
Colonel Smoothie Colonel Smoothie is online now
Member
CAS
 
Join Date: Sep 2010
College: Jamba Juice University
Favorite beer: AO Amber Ale
Posts: 50,661
Default

Quote:
Originally Posted by trueblade View Post
Sounds good to me
From my limited observations time between ACAS and FCAS was longer than time between new hire and ACAS
__________________
Recommended Readings for the EL Actuary || Recommended Readings for the EB Actuary

Quote:
Originally Posted by Wigmeister General View Post
Don't you even think about sending me your resume. I'll turn it into an origami boulder and return it to you.
Reply With Quote
  #5  
Old 02-13-2020, 07:35 AM
#Hawaii2019 #Hawaii2019 is offline
Member
CAS
 
Join Date: Sep 2017
Studying for Hawaii
Posts: 1,167
Default

Quote:
Originally Posted by Colonel Smoothie View Post
From my limited observations time between ACAS and FCAS was longer than time between new hire and ACAS
+1
Reply With Quote
  #6  
Old 02-13-2020, 08:11 AM
NormalDan's Avatar
NormalDan NormalDan is offline
Member
CAS
 
Join Date: Dec 2016
Location: NJ
Posts: 10,882
Default

Quote:
Originally Posted by Colonel Smoothie View Post
From my limited observations time between ACAS and FCAS was longer than time between new hire and ACAS
The filtering is real
Reply With Quote
  #7  
Old 02-13-2020, 08:31 AM
DataDan's Avatar
DataDan DataDan is offline
Member
SOA
 
Join Date: Feb 2012
Location: East Coast US
Posts: 4,095
Default

while its fun to flirt with long term success goals, try to focus on the next step.

I passed the first 2 exams on the first sitting and was like 'im unstoppable!' then went on to fail my next 2. I went from 'Ill have FSA in no time' to 'I hope I can at least finish my ASA'.

My original goal was a 4 year 0->ASA, it ended up taking 6.
Reply With Quote
  #8  
Old 02-13-2020, 08:59 AM
Vorian Atreides's Avatar
Vorian Atreides Vorian Atreides is online now
Wiki/Note Contributor
CAS
 
Join Date: Apr 2005
Location: As far as 3 cups of sugar will take you
Studying for CSPA
College: Hard Knocks
Favorite beer: Most German dark lagers
Posts: 68,530
Default

What are the other priorities in your life? How might these affect timing and resources to your professional goals.

Balance that with how you allocate your current time to attain your credentials.

Have a vision to finish soon, but devote your energy to attaining the next goal (passing the next Exam).
__________________
I find your lack of faith disturbing

Why should I worry about dying? Itís not going to happen in my lifetime!


Freedom of speech is not a license to discourtesy

#BLACKMATTERLIVES
Reply With Quote
  #9  
Old 02-13-2020, 10:43 AM
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 DataDan View Post
while its fun to flirt with long term success goals, try to focus on the next step.

I passed the first 2 exams on the first sitting and was like 'im unstoppable!' then went on to fail my next 2. I went from 'Ill have FSA in no time' to 'I hope I can at least finish my ASA'.

My original goal was a 4 year 0->ASA, it ended up taking 6.
Lots of this. Take it one exam at a time.
Reply With Quote
  #10  
Old 02-13-2020, 10:55 AM
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
I am 23 right now and have 2 exams, sitting for IFM in July. I know itís 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?
My goals at your age were ASA by 25, FSA by 30. I was in pension consulting at the time, so that was a pretty ambitious goal.

I made neither cutoff. I was 26 when I got my ASA and 31 when I got my FSA. At my FAC, I was one of the older more seasoned actuaries there. Seemed like the average age for FSA was 26 or 27. Of course, I wasn't the oldest person there by a long shot, either.

Your goals should take into account what else you want to be doing during this time of your life. What does your company expect of you, if applicable? What are you willing to give up to achieve those goals?

Your journey is yours, so make it as much. Don't put too much weight in timelines. If it's important to you to obtain these letters by those points in time, create a specific, measurable plan to make it happen. Find a way to measure success, and failure.

And if it doesn't work out, forgive yourself. There's a lot more out there in life than the letters after your name. I wish someone had been able to instill that in me when I was your age. I guess it's one of those things you have to learn through experience.
__________________
If we have no peace, it is because we have forgotten that we belong to each other. - Mother Teresa
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 09:11 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 0.34797 seconds with 9 queries