This Study Guide starts with a review of results from Probability that will be needed in this course. Then the basic ideas of contingency payments such as actuarial present value, benefit premium and benefit reserve are all immediately laid out in a simple way in the second chapter, so that the student will find it easy to absorb the details by recognizing unifying themes. (You can download this chapter from the link below.) The second part is devoted to Poisson process and Markov Chains. The Study Guide contains numerous worked examples and problems of varying difficulty. Besides those, almost all the relevant questions from the past SOA exams since 2000 are included in the appropriate chapters. Solutions are provided to all the problems. There are two practice exams with solutions

Please Note - Study Guides are non-refundable.

This Study Guide covers all the material for Exam MFE. Concepts and techniques are stressed and the subject is presented in a streamlined manner to facilitate understanding. There are numerous worked examples and end-of-the chapter problems, some of them taken from past SOA and CAS exams. For a detailed list of topics click here.

Please Note - Study Guides are non-refundable.

All the syllabus topics are covered in a clear, logical and efficient manner and illustrated with examples. The goal is to develop a strong grasp of concepts and techniques together with an ability to apply them, so that the student will be able to set up and solve problems even when they are worded in unfamiliar ways. Numerous exercises of a wide range of difficulty are provided with the intent of honing problem solving skills.

Please Note - Study Guides are non-refundable.