Difference between revisions of "IEE"
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When I filled in the BattleTable above, it became blazingly obvious what the most important topic was: <span style="color: green;">'''surplus allocation'''</span>. It's also obvious that on the past few exams, they emphasized the calculation of <span style="color: blue;">'''investment gain'''</span>. This gets to the heart of the <u>unwritten rule</u> of Exam 6. ''There is lots of repetition.'' If this weren't the case, nobody would have a chance in hell of passing. Note the very low pass ratios on exams following major syllabus changes. | When I filled in the BattleTable above, it became blazingly obvious what the most important topic was: <span style="color: green;">'''surplus allocation'''</span>. It's also obvious that on the past few exams, they emphasized the calculation of <span style="color: blue;">'''investment gain'''</span>. This gets to the heart of the <u>unwritten rule</u> of Exam 6. ''There is lots of repetition.'' If this weren't the case, nobody would have a chance in hell of passing. Note the very low pass ratios on exams following major syllabus changes. | ||
| − | There are 2,500 pages of material so there's no way you can learn everything. The key is paying attention to what's been asked in the past. Now, the questions usually aren't ''exactly'' the same, but they're close enough so if you know how to solve past questions, you'll have a good chance of answering current questions. But every now and then, they throw in something totally new and that'a always tough. To prepare for questions that haven't appeared before, always ask yourself as you're reading the material: ''Would this make a good exam question?'' If you think it would, then write down the question & answer, and memorize it. Sometimes you'll be right, sometimes you won't. | + | There are 2,500 pages of material so there's no way you can learn everything. The key is paying attention to what's been asked in the past. Now, the questions usually aren't ''exactly'' the same, but they're close enough so if you know how to solve past questions, you'll have a good chance of answering current questions. But every now and then, they throw in something totally new and that'a always tough. To prepare for questions that haven't appeared before, always ask yourself as you're reading the material: ''Would this make a good exam question?'' If you think it would, then write down the question & answer, and <u>memorize</u> it. Sometimes you'll be right, sometimes you won't. |
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Revision as of 13:28, 5 February 2019
Pop Quiz
BattleTable
Based on past exams, the main things you need to know (in rough order of importance) are:
- surplus allocation - calculating the value/ratio, explaining & evaluating the method
- investment gain - calculating the value/ratio
- miscellaneous IEE topics - impact on stakeholders, profit (loss), prepaid expenses, capital gains, comparison to UIE (U/W & Investment Exhibit)
reference part (a) part (b) part (c) part (d) E (2017.Spring #11) investment gain:
- calculate valuesurplus allocation:
- impact of exposure shiftE (2016.Fall #10) investment gain:
- calculate ratiosurplus allocation:
- calculate ratioIEE (commercial):
- impact on stakeholdersE (2016.Spring #11) investment gain:
- calculate valueprepaid expenses:
- treatment ofE (2015.Fall #13) surplus allocation:
- calculate valuesurplus allocation:
- evaluate methodE (2015.Spring #13) pre-tex profit (loss):
- calculate ratio to surplussurplus allocation:
- evaluate methodE (2014.Fall #11) see Odomirok.8-9-IS IEE vs UIE:
- 2 differencesunrealized capital gains:
- exclude from tot. inv. gainsurplus allocation:
- IEE vs ratemakingE (2014.Spring #13) surplus allocation:
- calculate valuesurplus allocation:
- evaluate methodIEE vs Page 14:
- presentation of dataE (2013.Fall #15) surplus allocation:
- explain methodsurplus allocation:
- evaluate methodsurplus allocation:
- propose new methodIEE (commercial):
- impact on stakeholdersE (2012.Fall #17) IEE profit (loss):
- calculateIEE profit (loss):
- how is it usedrate adequacy: -
- based on IEE
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In Plain English!
Intro
When I filled in the BattleTable above, it became blazingly obvious what the most important topic was: surplus allocation. It's also obvious that on the past few exams, they emphasized the calculation of investment gain. This gets to the heart of the unwritten rule of Exam 6. There is lots of repetition. If this weren't the case, nobody would have a chance in hell of passing. Note the very low pass ratios on exams following major syllabus changes.
There are 2,500 pages of material so there's no way you can learn everything. The key is paying attention to what's been asked in the past. Now, the questions usually aren't exactly the same, but they're close enough so if you know how to solve past questions, you'll have a good chance of answering current questions. But every now and then, they throw in something totally new and that'a always tough. To prepare for questions that haven't appeared before, always ask yourself as you're reading the material: Would this make a good exam question? If you think it would, then write down the question & answer, and memorize it. Sometimes you'll be right, sometimes you won't.
Full BattleQuiz You must be logged in or this will not work.
