Hanna Hohner
Keen member
Hello everyone!
How did you find the first sitting of CM2?
I think the written paper was fairly correct both in difficulty and in time, but the computer-based part was quite surprising after those super-easy PBOR practice materials (except the chain-ladder question, which was absolutely bookwork). I hope it's not only me who spent way too much time on figuring out what input data to use in the Merton model (question 2), or who did not get an accumulation over 70,000 in any of the five simulations (question 4).
I think the written paper was fairly correct both in difficulty and in time, but the computer-based part was quite surprising after those super-easy PBOR practice materials (except the chain-ladder question, which was absolutely bookwork). I hope it's not only me who spent way too much time on figuring out what input data to use in the Merton model (question 2), or who did not get an accumulation over 70,000 in any of the five simulations (question 4).