Hi all, Just wandering how CA 1 was going for other people? I started very well...but then all the motivation started to die off! Any tips as to how to make the first 30 (!) a bit more interesting?
Sound Revise! I've finished now - my tip is to go through it fast by making notes along with the sound revision then go through the notes themselves more slowly to fatten out your sound revision notes. It gives a bigger picture rather than getting bogged down in the dreariness and you feel like you've really accomplished something.
Have you started and finished the whole course?! How did you get sound revise? They told me it wasn't available until December. To answer the question, CA1 is going very slowly indeed
It's from last year's CA1 course that I was planning to study and never did till now. Quite sad that they won't release it until December.
Don't fret, guys. We're just finalising the tracks as we speak and are hoping it will be available in mid-November. Hope this helps! Admin
Mapping of old chapters to the new version Hi guys, Anna posted a document containing the past exam papers, which have been classified according to the new chapter titles. I have got the old version of the notes. Could anyone (especially tutors) direct to where I could get hold of the old to new mapping of the chapters? Thanks El
Chapter mappings Here's a list of chapter names from the 2007 Course Notes. Some of the chapters map straight from the 2006 notes to the 2007 notes, others don't map quite so easily. The numbers on the right refer to the syllabus objectives, which have changed too much since 2006, so you should be able to use those to help map your old notes on to the new chapters. 0 Introduction to CA1 1 How to do a professional job 1 2 Stakeholders 2 3 Providers of benefits 3.1.1 4 Regulation 3.3.3 5 External environment 3.4 6 The role of insurance and reinsurance 3.2 7 Introduction to financial products and customer needs 3.3.1/3.3.2 8 Life insurance products 3.3.1 9 General insurance products 3.3.1 10 Cashflows of simple products 3.5.1 11 Contract design 4.1/6.3/7.10 12 Project management 4.4.1 13 Capital project appraisal 4.4.2 14 Money markets 3.5.2 15 Bond markets 3.5.2 16 Credit risk and credit ratings 3.6.5 17 Equity markets 3.5.2 18 Property markets 3.5.2 19 Futures and options 3.5.2 20 Collective investment vehicles 3.5.2 21 Overseas markets 3.5.2 22 Investment indices 3.5.4 23 Economic influences on investment markets 3.5.3 24 Other influences on investment markets 3.5.5 25 Valuation of individual investments 3.6.2 26 Relationship between returns on asset classes 3.5.6 27 Valuation of asset classes and portfolios 3.6.3 28 Investment strategy – institutions 3.6.1 29 Investment strategy – individuals 3.6.1 30 Developing an investment strategy 3.6.4/6.7.1/ 6.7.2 31 Relationship between assets and liabilities 6.7.1 32 Asset management 7.5 33 Data 5 34 Modelling 3.5.7/6.1 35 Setting assumptions 6.2 36 Costing, pricing and funding 6.5 37 Valuing liabilities 4.3.1/6.6/ 7.10 38 Setting the discount rate 4.3.2/4.3.3 39 Setting discontinuance benefits 4.1.2 40 Expenses 6.4 41 Monitoring experience 6.7.3/8 42 Risks in benefit schemes 3.1.2 43 Risks in insurance 4.2 44 The risk management process 4.2 45 Risk management tools (1) 7.4 46 Risk management tools (2) 7.4/7.10 47 Capital and capital management 3.7/7.6 48 Insolvency and closure 7.9 49 Mergers and acquisitions 7.8 50 Accounting 7.3 51 Surplus and surplus management 7.1/7.2/7.7 52 Glossary 9
How is it going? 3 weeks to go Hello all, just wondering how it is going for you guys? Exams are looming very large on the horizon...But on the bright side, it will all be over very soon! Attempted the mocks, under time conditions(!)...and came to the brutal realisation that ,however, well prepared someone is, s/he is going to struggle with some of the questions. Am I the only one to think this? How did you find the mocks overall? And what are you expecting to score? I was also thinking that wouldn't a mixed approach - consisting of MCQs and written questions - be better? And the candidates would be able to be tested on a wider subject range as well...What are your opinions? EG
No you are not the only one - Too many describe/Explain type questions and it just taking a lot to generate ideas and keep up with the time. I think atleast for CA1 they should come up with paper one being MCQ and Paper having some big picture questions - looking at both assets and liabilites.This way they can cover most of the syllabus
It's such a nightmare digesting 52 chapters! To make it worse, this is my first non-technical paper. I find it so difficult to generate enough ideas, especially for those 10-mark and above questions. As for bookwork, they look so easy when you have your notes beside you, but memorising and reproducing them under exam conditions is another matter - I always tend to miss out some points. Is one likely to pass by targetting 60-65% of the marks?
SummerBub - Don't panic! Very important you do this. With the long questions try to look at the big picture - Regulation/Tax/Expenses/Financing/Assets/Liabilities/Risks for all parties/Risk and capital management tools etcccccccc.................. In most questions this helps in CA1 but some questions can still get into technical aspects but mostly its general considerations which will earn you thos half marks.You also need to state the obvious as usual! Ofcourse, bookwork is a must and i would say do a thorough session few days bfore the exam - for this you need to have the book work nice and handy eg - flash cards Good Luck
Is it only me feeling so tired from the huge chunk of material? Has anyone seen the Australia institute equivalent of CA1 - i think it's only 1/4 of our material. I would certainly love MCQs for bookwork - less need to memorise. Wish I could spend more time trying application questions than using the next few days to go through the bookwork. How is everyone doing? If u could only choose one now, would u rather concentrate on bookwork or do more application qns from past years?
