• We are pleased to announce that the winner of our Feedback Prize Draw for the Winter 2024-25 session and winning £150 of gift vouchers is Zhao Liang Tay. Congratulations to Zhao Liang. If you fancy winning £150 worth of gift vouchers (from a major UK store) for the Summer 2025 exam sitting for just a few minutes of your time throughout the session, please see our website at https://www.acted.co.uk/further-info.html?pat=feedback#feedback-prize for more information on how you can make sure your name is included in the draw at the end of the session.
  • Please be advised that the SP1, SP5 and SP7 X1 deadline is the 14th July and not the 17th June as first stated. Please accept out apologies for any confusion caused.

Doing this subject and ST9 - April 30 2015

E

Edwin

Member
Hi all,

I ran away from SA6 after I went through the notes and the subject is not was I was looking for as it is generally more of Asset Management than any Finance work.

I went through a few past papers for both SA6 and SA5 and I saw SA5 is quite technical as I have seen questions on some calculations and discussions on Monte Carlo Simulation, so I decided to take this subject......however I failed ST9 (got FA) and the two are written on the same day.

Not worried a lot about ST9 as I know why I failed and I think I understand the work very well, any advice?
 
Hi, I wouldnt worry about the technical content of SA5. If you are doing ST9 you will already overlap some of the credit risk models that are occasionally tested in SA5. Other calculations are very manageable (VaR calcs, cashflow and profit forecasts, a few accounting ratios and -once- a personal tax calculation). Most of the marks in SA5 are for wordy analytical work, and financial common sense. If you have the time to commit to the notes and preparing for the bookwork questions that do come up from time to time, then you should have nothing to worry about.

SA6, as you say, is hard if you are not in the fund management, manager selection, trustee advice, and ALM areas, or at least have a very good idea of current affairs in these areas.
 
You must log in or register to reply here.
Back
Top