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
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