I was wondering if any of you developed any groovy mnemonics for learning the material for the CA1 exam. It could be of use to future students. For examples, here's a good one for Contract Design (Ch 34 and 41 combined): Administration Marketing Profitability Level and form of the benefits Extent of cross subsidies Discretionary benefits Interests and needs of customers and other stakeholders Regulation Early (benefits taken) Competition Terms and conditions Financing requirements Accounting Consistency with other products Timing of premiums/contribution and charges vs expenses Onerousness of options and gtees Risk characteristics Simple to understand
Yeah - I've found that the more vulgar the mnemonic I come up with is, the more likely I am to remember it!