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Recent content by Simon James

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    Further help and support from BPP

    During your studies with us at BPP, if you are in a situation where you feel unsafe, are worried about your welfare, or you feel overwhelmed and like you might need some extra support, please contact safeguarding@bpp.com and we will listen without judgement and signpost you to support. We have...
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    New Exam Regulations

    I expect loads of students have simply pasted objects (ctrl+c/ctrl+v) in the past with no issues. But...personal experience is that pasting an object may cause formatting issues, particularly across different versions of word/excel. Can you be sure that your graph is being viewed by the examiner...
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    New Exam Regulations

    The troublesome paragraph is 33 (my emphasis)... 33. Candidates are allowed to use any standard function available in Excel, Word and R but this excludes the use of Macros.. Candidates must complete their assessment using keyboard entry only, unless the IFoA have agreed the use of dictation or...
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    CAA Module Zero Registration

    Hi.Please see https://www.caa-global.org/covid-19-updates
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    CAA Module Zero

    Unfortunately due to COVID-19 no-one is taking M0 in May. https://www.caa-global.org/covid-19-updates
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    Difference between memo and email format

    1. not a lot of difference, the same layout should suffice for both 2. an acknowledgement of the initial communication is normal and generally considered polite. 3. you should offer further help. "Please let me know if you have further questions" may not be appropriate in all cases eg in a...
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    Liquid vs marketability of asset

    Hi. My house is very marketable (I reckon I could easily find a buyer who wants to buy it). But my house is not very liquid - it would takes months for me to actually sell it and convert that asset into cash. Any help? Simon
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    Queries

    1. Is it fine to use the sentences in our answer same as the one given in the scenario material ? I often do that, is it acceptable or not? No - you should never simply copy from the scenario or exam paper. It is highly unlikely that that sentence was written for your audience. 2. Do we lose...
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    Definition of Expected shortfall

    Hi. The Q&A is not Core Reading. I would also advise making sure you have the various upgrades to the 2018 CMP. I think in this question, it is getting at the difference between VaR, the point estimate of the maximum loss, and ES as the loss beyond that point (ES/TVaR trying to do the same...
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    Apr 2020 exam

    Hi Alex Until we know more, deadlines etc are unchanged. Keep studying!
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    Definition of Expected shortfall

    Which question are you looking at? (Just so I can see it in context)
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    Definition of Expected shortfall

    They are slightly different measures and beware there are many ways of defining these values (especially ES). Also, be careful about comparing the two as they are doing something different as defined in McNeil. It's also tricky as ES has little intuitive meaning. The way I look at it, if we...
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    CP3 Advanced Material - September 2019

    HI. You should have received an email from the IFoA with instructions on how to access the exam. If not, contact them straight away. Education Services Team education.services@actuaries.org.uk Institute and Faculty of Actuaries, 1st Floor, Park Central, 40/41 Park End Street, Oxford, OX1...
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    Is there any alternative to using adobe editions (iOS)?

    Hi. Yes, please see our FAQs here "Other free and paid-for eReader applications are available if you prefer not to use Adobe or if you are using a Kindle. These are available from Apple App store, Google Play or Kindle App store. These eReaders may have more and better features than Adobe...
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    CERA seminar

    Might be a controversial view, but I think all actuaries work in risk in one way or another.
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