# Search Results

1. Post

### SP8 pass mark for Nov 2019

The pass mark for all IAI exams was 50, unless I'm mistaken.
Post by: Oxymoron, Feb 19, 2021 in forum: India
2. Post

### Excel Challenge #10

OK, this time even I can do this in excel: =8-WEEKDAY(VALUE(CONCATENATE(A1,"-1-",A2)),12)
Post by: Oxymoron, Nov 13, 2015 in forum: Off-topic
3. Post

### Pension funds are sitting on a dynamite or risk

There is a flip side to this. Equities have a social impact since they are cheap and relatively safe source of funds for business owners in the...
Post by: Oxymoron, Nov 10, 2015 in forum: Off-topic
4. Post

### Put call parity - dividend paying shares. October 2010 Q8

In a put call parity, we have: Put(t) + Share(t) = Call(t) + Ke^-r(T-t) Let's take a simplified example of a dividend paying share, where the...
Post by: Oxymoron, Sep 21, 2015 in forum: CT8
5. Post

### Mock Exam B (2015) Paper 1 Q5ii

Thanks Steve
Post by: Oxymoron, Sep 18, 2015 in forum: CA1
6. Post

### Cameron Martin Girsanov - discounted asset price under Q

E[exp(Zt-Zu)] is not exp(E[Zt-Zu]). You can approximately visualize this from a simple Taylor series expansion: LHS: E[1 + (Zt-Zu)/1! +...
Post by: Oxymoron, Sep 17, 2015 in forum: CT8
7. Post

### Cameron Martin Girsanov - discounted asset price under Q

Expectation under lognormal distribution = Mean + .5*Sigma^2 From Brownian Motion: E[Zt - Zu] = 0 Var[Zt - Zu] = t-u = E[ (Zt-Zu)^2] -...
Post by: Oxymoron, Sep 13, 2015 in forum: CT8
8. Post

### Ch10 - Method of financing benefits

In PAYG, it's not from the time the event happens but at the time the benefit is due. Otherwise, you are correct.
Post by: Oxymoron, Sep 9, 2015 in forum: CA1
9. Post

### Chapter 33 CMP

Perfect! Thanks!
Post by: Oxymoron, Sep 5, 2015 in forum: CA1
10. Post

### IOA Apr 13 Paper 1 Q1

Thanks Steve!
Post by: Oxymoron, Jul 27, 2015 in forum: CA1
11. Post

### Forward price of dividend stream, with a 'special dividend'

When a company pays out dividend, it's stock prices reduces by the value of the dividend (ex-dividend). Forward prices will need to be adjusted to...
Post by: Oxymoron, Jul 22, 2015 in forum: CT1
12. Post

### Selling a Put vs Buyout a Call

Yeah that's what I meant in the underlined.
Post by: Oxymoron, Jul 16, 2015 in forum: SP5
13. Post

### Heartbroken

That's a relief! Thanks!
Post by: Oxymoron, Jul 13, 2015 in forum: CA1
14. Post

### ST9 April 2015

Congrats!
Post by: Oxymoron, Jul 9, 2015 in forum: SP9
15. Post

### Equity markets are expected to go down by 30% every 7 years

The economic cycle lasts about 8 years in developed countries. The statement otherwise is a gross generalization.
Post by: Oxymoron, Jul 8, 2015 in forum: SP9
16. Post

### Post fellowship

After qualifying, I'm planning to consider a doctoral degree in homoeopathy.
Post by: Oxymoron, Jul 1, 2015 in forum: General study / exams

### Julia Programming Language

Thought this was interesting: http://julialang.org/ Several hundred fold speed-up to other languages and uses MATLAB syntax!
Thread by: Oxymoron, Jun 30, 2015, 1 replies, in forum: Off-topic
18. Post

### Excel Challenge #5

I protest against this post on the grounds that it's becoming a running joke! :p
Post by: Oxymoron, Jun 16, 2015 in forum: Off-topic
19. Post

### Actuarial career without stats/maths degree

I had a commerce degree. Not very difficult to shift since actuarial is more about logic than raw math.
Post by: Oxymoron, May 20, 2015 in forum: India
20. Post

### Excel Challenge #4

Dang :D
Post by: Oxymoron, May 15, 2015 in forum: Off-topic
21. Post

### Recovery Rate

Merton model has an analytical way of calculating recovery rates. You might want to check that out.
Post by: Oxymoron, Apr 23, 2015 in forum: CT8
22. Post

### ALM vs LDI

I see, so ALM is the broader concept and LDI is a technique within ALM framework. Thanks Colin.
Post by: Oxymoron, Apr 12, 2015 in forum: SP5
23. Post

### Excel Challenge #3

The obligatory MATLAB answer. a = iptnum2ordinal(20); b = a(end-1:end)
Post by: Oxymoron, Apr 10, 2015 in forum: Off-topic
24. Post

### Work based project for Associateship -- no more CA2 and CA3 necessary

Yeah! Especially CA2! Mainly because I've passed it already...
Post by: Oxymoron, Mar 17, 2015 in forum: General study / exams
25. Post

### Excel Challenge #2

I'm not competing with others Steve - just trying to troll this thread!
Post by: Oxymoron, Mar 14, 2015 in forum: Off-topic
26. Post

### ST5 exam

I'm writing ST5 in Nov from India - booked my flight tickets. How's study going?
Post by: Oxymoron, Mar 9, 2015 in forum: India
27. Post

### Expected Value of a Put option hedge (on a basket of assets)!

It's interesting because correlations increase in bad economic climates where volatility is highest while decrease in good periods. That's where...
Post by: Oxymoron, Feb 19, 2015 in forum: SP6
28. Post

### Expected Value of a Put option hedge (on a basket of assets)!

Copulas and Monte Carlo? 1) Get the list of instruments which the put options are based upon. Compute their volatility and correlation (you could...
Post by: Oxymoron, Feb 19, 2015 in forum: SP6
29. Post

The acted tutors realized you're just spreading ISIS propaganda masquerading as risk management posts and have banned you. Do you repent at least now?
Post by: Oxymoron, Feb 16, 2015 in forum: General study / exams
30. Post

### Methods for risk aggregation

Method 3: Office politics and top management pressure
Post by: Oxymoron, Feb 14, 2015 in forum: SP9
31. Post

I did my bachelors in commerce before pursuing actuarial and I've done ok. It actually adds a complementary dimension to actuarial imho.
Post by: Oxymoron, Jan 20, 2015 in forum: India
32. Post

### CA2 Pass Mark (or range?)

I remember the IAI instructors in the two day session mentioning it was around 65%.
Post by: Oxymoron, Jan 15, 2015 in forum: CA2
33. Post

### Difference between charges and expenses?

Charges are levied by the provider (an income) - while expenses are incurred by the provider. There is a section in chapter 10 contract design.
Post by: Oxymoron, Oct 27, 2014 in forum: CA1
34. Post

### work based skills

Curious, are you from India? Where exactly are you teaching?
Post by: Oxymoron, Oct 10, 2014 in forum: Careers
35. Post

### Monte Carlo Simulation of Interest Rates and Prepayments

A small payoff for sacrificing study leaves, paper passing incentives and the security of being in insurance!
Post by: Oxymoron, Oct 3, 2014 in forum: SA5
36. Post

### Specimen 2010 question 4 (v) and 5 (i)

They mean to use the vector auto regressive model. Let's say you are fitting a VAR model for series A and series B. After estimating the...
Post by: Oxymoron, Sep 19, 2014 in forum: SP9
37. Post

### Simulating the interdependence of risks - ACTED notes

I'm not writing ST9 but I work with the above techniques. So that gives me dubious authority to answer you. Cholskey decomposition is used to...
Post by: Oxymoron, Sep 19, 2014 in forum: SP9
38. Post

### actuarial developer role

Fixed.
Post by: Oxymoron, Sep 16, 2014 in forum: Careers
39. Post

### Seeking international opportunity - Based in India

Direct international hiring is mostly restricted to associate actuary level + or through inter company transfer. Otherwise, the chances are close...
Post by: Oxymoron, Aug 25, 2014 in forum: Careers
40. Post

### IAI-May 2014

Congratulations!
Post by: Oxymoron, Aug 6, 2014 in forum: SP6
41. Post

### Practical questions on international career change

I would strongly advice against these computer certifications. Employers usually take your computer skills as is mentioned in the resume and...
Post by: Oxymoron, Aug 5, 2014 in forum: Careers
42. Post

### Trial balance

Sames rules. Cash goes out - inventory comes in. Debit inventory, credit cash (or "de-debit" cash).
Post by: Oxymoron, Jul 25, 2014 in forum: CT2
43. Post

### Audit Trail - Excel Worksheet or Word Document?

It's so much easier to edit and format a word doc than an excel IMHO. From an examination perspective, I don't think word or excel matters - just...
Post by: Oxymoron, Jul 22, 2014 in forum: CA2
44. Post

### CA1 directly after CT2 and CT7

This is madness! This is actuariaaaaaa(l)! :D
Post by: Oxymoron, Jul 16, 2014 in forum: General study / exams
45. Post

### Hull Textbook

Corrected.
Post by: Oxymoron, Jun 30, 2014 in forum: SP9
46. Post

### Pass mark for Ct1

Where did you get that?
Post by: Oxymoron, May 21, 2014 in forum: CT1
47. Post

A short position is called a "short straddle" usually
Post by: Oxymoron, May 16, 2014 in forum: SP5
48. Post

### Integration in R

If I do it from -inf to inf, MATLAB says explicit integral can't be found. Is the density correct?
Post by: Oxymoron, May 12, 2014 in forum: Off-topic
49. Post

### Integration in R

What's qt(0.75,4)?
Post by: Oxymoron, May 12, 2014 in forum: Off-topic
50. Post

### Integration in R

Yup MATLAB can handle all that.
Post by: Oxymoron, May 11, 2014 in forum: Off-topic
51. Post

### Opinions on recruiters

+1. High probability strategy.
Post by: Oxymoron, May 2, 2014 in forum: Careers
52. Post

### Monte Carlo Simulation of Interest Rates and Prepayments

nah - just done with 11 papers. I'm building this grand reserving model for my company which is involved in automotive financing. The model...
Post by: Oxymoron, Apr 27, 2014 in forum: SA5