FAILING Actuarial Exams - and how to bounce back

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FAILING Actuarial Exams - and how to bounce back

Рет қаралды 437

Күн бұрын

I describe how I felt when I failed my exam and how I eventually shifted my mindset so that I can bounce back and eventually pass.

Пікірлер: 17

@greggjossie1686 7 ай бұрын

Thanks for the pep talk, Morgan! I’m in a similar boat right now. I passed FM on the first try, then got my first actuarial job this past summer. I started studying for P shortly after, and just failed it for the second time and am feeling pretty discouraged. It’s nice to know I’m not alone. Thanks and good luck going forward!

@MorganAdair 7 ай бұрын

It's always really good to know we're not alone! It's understandable to feel discouraged. Definitely a very natural feeling. I'm going to retake it sometime here, so hopefully I'll get it this time! I appreciate the good luck wishes. Good luck to you as well! Definitely let me know how things go :)

@minyichen3471 2 жыл бұрын

Hi Morgan, My name is minyi. I passed FM in October 2019 as an undergraduate. At the beginning of 2020, I have a stroke and aphasia. In my last semester, I have to stop going to school for a year and I have to relearn everything. I failed exam P 3 times, and I won't give up. come on, you got this!

@MorganAdair 2 жыл бұрын

Oh my goodness, Minyi. I'm so sorry to hear that you've had to go through all of that. But great job with Exam FM! I believe in you so much, and I know you'll pass Exam P eventually. Like you said, don't give up! You got this. And thank you so much for the kind words! I have faith!

@eddieanderson3371 Жыл бұрын

Hi Morgan! I am starting to prepare for exam P. This is the first actuarial exam I am taking and I have been using coaching actuaries! I know failing is a possibility and I just wanted to let you know that this video highlighted that possibility because there are so many videos that show people passing the first time but not many failing the first time. Thank you for this unironically you lowered my stress about passing, I will keep studying and hopefully I will pass!

@MorganAdair Жыл бұрын

I'm so happy that you feel a little bit better about it! Just do what you can in terms of studying and then whatever happens happens. Best of luck to you!

@eddieanderson3371 Жыл бұрын

@@MorganAdair I took it today, and I got the email saying congratulations you have preliminary results were passing. I am so happy right now, I would like to thank you for you coaching actuaries video since that helped me pick that software, and I do think getting an earned level 6.5 and mastery level of 72 was necessary for my success. Therefore, thank you

@jonathanforeman7269 2 жыл бұрын

Hi Morgan, I’ve failed a couple of exams (IFM and LTAM). I think it is very rare to get through all of the exams without a fail. And, people don’t like to go around bragging about how many times they fail but it’s definitely out there. There are generally more people failing these exams than passing them each sitting. With that said, I’ve learned that time management and skipping questions and coming back to them when you are not sure has been a very helpful strategy. I’ve failed when I didn’t execute these strategies. There were also conceptual things I may have been on the weak side on and you go back and get those down as well. But, I think it is also possible to fail when you know everything well enough to pass. So, keep up the hard work and you will get through P next time!

@MorganAdair 2 жыл бұрын

Thank you so much for the advice and the kind words Jonathan! Totally agree with everything you said. Definitely hoping to pass P this time!

@koriware2978 Жыл бұрын

Thank you for letting me know there is someone out there that is like me! All of your words resonate so deeply. I’ve never met anyone that has failed an exam! So I feel very alone. I graduate in 7 months with my BS in actuarial math. No job and no exams… sighhh. That’s awesome your already in the field! How did you land that job?

@MorganAdair Жыл бұрын

Hi Kori! I'm glad that you were able to resonate with the video :) And just know that SO MANY people fail these exams ALL the time. We're 100% not alone

@koriware9231 Жыл бұрын

@@MorganAdair That is so beautiful. I would love to see a video of actuarial interview questions and answers. Even if not all of them are the exact questions you got asked but questions you think maybe could be asked. Just an idea

@MorganAdair Жыл бұрын

@@koriware9231 ooooo that’s a good idea! I know I haven’t made a video in a long time. I think I’ll do this next :)

@nathanbrite7125 2 ай бұрын

I passed exam p first try. Failed miserably on exam fm.

@MorganAdair Ай бұрын

You got this next time. I believe in you!

@joshlazor6208 2 жыл бұрын

Hey Morgan! What are you doing differently that you weren't doing previously? And what do you think was the hardest part of Exam P?

@MorganAdair 2 жыл бұрын

Hi Josh! Good question. Basically, I'm doing many more practice problems/practice exams than I did previously, trying not to "cheat" and look at my notes while I'm doing the practice problems, and being sure to focus more of my energy on the topics that come up the most instead of focusing equally on all of the information. I thought the hardest part of the exam was trying to discern which type of distribution to use to solve those kinds of problems. It wasn't too hard for me to remember the distributions themselves, but it was personally difficult for me trying to choose which one I needed to use for particular problems. I hope this helps!