Good morning I know that for the CM1B exams a spreadsheet is provided for solutions, is this available for download somewhere I have not been able to find it yet? Thank you
The links can be found at: https://www.actuaries.org.uk/studying/prepare-your-exams/past-exam-papers-and-examiners-reports For CM1B, the spreadsheets are included in the zip file you can download.
Thank you for the reply, I had already seen these but these were the completed solution files, I was hoping for an empty template rather than having to work out what to delete from the files. If you can point me to the empty templates, that would be great.
Hi Lucy, On these template files, was everything which is left in the template files as provided by the IFoA in the exam templates? The column headers are a big help for knowing exactly which calculation are needed and organising thoughts (especially on Q2 where I wasn't entirely sure what they meant by a half-yearly cashflow schedule). So just trying to understand how much of a hint they give vs our expected autonomy.
Yes, the template files are what students downloaded at the start of each exam. The examiners provided answer formats / templates for the September 2019 exam questions. This wasn't the case in the April 2019 exam, but our understanding is that the examiners do plan to provide suggested formats for answers going forwards. While the answer formats can be helpful, do be careful that you don't just follow them blindly. They deliberately keep the headings vague, eg the tables for September 2019 Q1 just have headings like 'P(male alive)' rather than tpx or p_x+t, so you'd still have to figure out the exact probability required for yourself. Also, you're allowed to adapt the answer format or come up with a completely new format on the day if you like. I often find it useful to make the odd change to the template so it better suits my own way of thinking!
So examiners are only concerned with the answers and with proper steps for that answer I f i want to change the format of answer which is prescribed by examiners in our excel sheet
The September 2019 Examiners' Report said that while students were provided with suggested formats in the spreadsheets they downloaded at the start of the exam, they were not penalised for using a valid alternative approach. The examiners want you to answer the question correctly and there are often multiple ways of doing this.
