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Emily Wong
Member
Hi, reading the latest guidance from the Institute, they have stated below:
Can I use Excel to help construct my answers?
Most of the examination subjects require the answers to be provided in Microsoft Word. The exceptions to this are CP2, CM1 Paper B and CM2 Paper B which require the use of Excel. When sitting other subjects, you may wish to use Excel to aid with calculations. It should be noted however that any calculations have to be typed in full into your Word answer script to ensure you receive full marks. Calculations that are copied and pasted from Excel (or any other application) into your Word answer script will receive zero marks.
For the CS and CM exam papers, the level of detail that is required for your workings in calculation questions is similar to the model solutions in previous sittings. If you miss out any of the calculation steps then full marks may not be awarded.
I'm wondering if it's still OK to do the Run-off triangles or Binomial Trees in Excel, then paste it into Word (typing the calculations for one of the steps in Word as I would do in a paper exam)? Or do they mean absolutely no copy paste from Excel, and I have to create the actual tables from Word? How would people do Binomial Trees or Run-off Triangles in Paper A basically?
Thanks,
Emily
Can I use Excel to help construct my answers?
Most of the examination subjects require the answers to be provided in Microsoft Word. The exceptions to this are CP2, CM1 Paper B and CM2 Paper B which require the use of Excel. When sitting other subjects, you may wish to use Excel to aid with calculations. It should be noted however that any calculations have to be typed in full into your Word answer script to ensure you receive full marks. Calculations that are copied and pasted from Excel (or any other application) into your Word answer script will receive zero marks.
For the CS and CM exam papers, the level of detail that is required for your workings in calculation questions is similar to the model solutions in previous sittings. If you miss out any of the calculation steps then full marks may not be awarded.
I'm wondering if it's still OK to do the Run-off triangles or Binomial Trees in Excel, then paste it into Word (typing the calculations for one of the steps in Word as I would do in a paper exam)? Or do they mean absolutely no copy paste from Excel, and I have to create the actual tables from Word? How would people do Binomial Trees or Run-off Triangles in Paper A basically?
Thanks,
Emily