Actuarial Notes (study manuals)
General Overview

Number of pages: Approximately 900 (Vol 1 and 2)

Volume 1: Portfolio Theory; Capital Markets; Fixed Income; Futures Forwards and Swaps (covers Sections A-D of the CAS Syllabus.)
Available 12/28/2009

Volume 2: Options, Asset Liability Management, Financial Risk Management, and Valuation (covers Sections E-I of the CAS Syllabus of Exams).
Available 12/28/2009

Volume 3: Independently Authored Preparatory Tests. (Included in the Ultimate Study Program only).

Our Ultimate Study Program provides candidates with  Volume III. Our Independently Authored Preparatory Tests (In Paper Format) comprise:

  • One set of three MC exams (over 60 modified past CAS MC and computational questions). 
  • One set of five exams with over 200 challenging questions and solutions (including questions and solutions to the new syllabus readings).

This set of exams contains computational and essay based questions which mirror the rigor of the types of questions to appear on the Spring Exam.

This set of 5 exams contains computational and essay based questions. The recommended time to complete each exam is 2.5 hours.

Given the question types, and the time to complete them, one can conclude that this is a set of robust exams.

CAS examiners develop questions that are aligned as closely as possible to the guidance given in the CAS Learning Objectives and Knowledge Statements.  Therefore, we have aligned the questions appearing in these independently authored exams with the CAS Learning Objectives and Knowledge Statements.

Each test contains questions and solutions from sub sections of the CAS exam 8 syllabus readings.


Available 4/09/2010


Content: Links to excerpts from the manual are given below. Print out the content and then compare our summarizations within these excerpts to the corresponding pages from the syllabus readings. These excerpts are fair representations of the quality you can expect from all our articles and solutions to past CAS exam questions. Exam 8 Study Manual Excerpts

"The Greek Letters" Chapter 15-pages 359-362, Hull. (pdf)

"Solvency Measurement for Property Liability RBC Applications" - pages 656-662, Butsic, R.P. (pdf)

2006 - Exam 8 - Question 20 (and solution) (pdf)

2000 - Exam 8 - Question 32 (and solution) (pdf)

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