There are 3 parts to become a Fellow Actuary.
By obtaining the first 2 parts, you'll only be able to become an associate, and you'll not be able to sign as an actuary.
To obtain part1, you just need to be within a recognized university and undergo an actuarial degree with a satisfactory mark...
Yes. It's not unfair it's just hard for the whole cohort. But I looked at the past paper today, and it's f**king ridiculous...
What's worse is that, my tutor said we will get scaled down... Dafuq?!?
what the answer to that question.
where they give you the information that 2 company's marginal cost are equal. and ask you what the profit maximizing point is.
answers are between make price elasticity the same or make the marginal revneue equal.
that was easy.. like really easy..