KNUST Actuarial Club - KAC

10/02/2015

The memory researcher's guide to studying.

13/11/2014

Consider this the most fun job interview prep ever.

11/03/2014

The Actuarial Science Students' Association of the Kwame Nkrumah University of Science and Technology invites you to the grand launch of the ASSA Mock Exam Testing Window. Official exam will come of in April. Watch out!!!

22/02/2014

KAC welcomes all its new members. We are happy to have you on board. Please fill out the form at http://goo.gl/FdcxbK and stay tuned for more info. You can send us a message on this page if you have any questions. We are always ready to assist.
KAC - Building the future Actuary

Please fill out the form to register KAC member

30/01/2014

07/01/2014

Dear KAC members.
First of all, I want to wish you a Happy and Prosperous new year as today marks the end of the first week in 2014; meaning we are left with 51 more weeks to go for this year.
Some of us will be leaving school in the course of these weeks and some will remain to spend and few more weeks.
For us who are leaving school, we have about 20 more weeks to study and pass these SOA exams so that we might add some professional value to ourselves before leaving the program.
For the rest of you as well, you obviously have a few more weeks to complete school but however many you might consider it to be, it will pass very very soon.
Folks, we must step up action towards achieving our goal of helping every member to at least pass two papers upon completion.
In so doing, the executive committee has put up some plans and action in place to help us achieve this goal.But again however smart we might think these actions have been, we will like to invite any suggestions from us all on how we can make the club run better so we will much quickly make progress towards attaining our goals.
Please leave your comments here below or feel free to send us an email via [email protected].
Thank you.

29/12/2013

Hi KAC Members. Merry Christmas and a Prosperous New year. As the year comes to an end, don't forget to add actuarial examinations to your new year resolutions.
Heres the schedule for the 2014 actuarial exams P and FM. Look at the CBT dates. The deadline for P in Jan and FM in Feb have passed. But you can start prepping for the other test windows ASAP. Please shoot us a mail at [email protected] or post which sitting you want to prepare for. Happy Holidays!!!
KAC - Building the Future Actuary

18/10/2013

KAC welcomes all its new members. We are happy to have you on board. Please fill out the form at http://goo.gl/FdcxbK and stay tuned for more info. You can send us a message on this page if you have any questions. We are always ready to assist.
KAC - Building the future Actuary

26/09/2013

05/08/2013

Hi everyone. Here's a quick reminder for all those prepping for Exam P in September. The deadline for registration is Thursday!. Hope all applications have been sent. Victory is the Lord's.

01/08/2013

Make sure to keep in mind the syllabus changes if you are studying for the October 2013 FM/2 sitting.

Here is the list of differences:

Added:
- Be able to define and recognize the definition of Current Value
- Solve time value of money equations involving variable force of interest
- Current Value as a solvable or given component in annuity problems
- Perform calculations on loan problems (including amortization and sinking fund methods) when refinancing is involved
- Macaulay convexity (previously, it was modified convexity only)
- Be able to define and recognize the definitions of Mark to Market, No-Arbitrage, Risk-Averse, Option Writer, Option Spread, Vertical Spread, Collar Width, and Collared Stock

Removed:
- Effective duration
- Investment year allocation methods
- Ask price, bid price, and bid-ask spread
- Implied repo rate
- Synthetic forwards
- Paylater Strategy

In addition, there has been no change in the recommended text references.

In short, technically there is no changes to FM2 for the October syllabus since the references did not change. However, there is a change in emphasis on some of the more minor topics. As a result, we recommend putting the items that were removed on your "lowest" priority list and only consider if you have time. Likewise, the items added to the objective list should be given more attention. However, none of the items that are added are "major" topics so don't over react. -- Coaching Actuaries

23/07/2013

Hi KAC Members. Please don't forget to say a prayer for all Exam P July Window Takers. Especially those taking the paper today and tomorrow. Victory is the Lord's.!!!!