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The one good thing about the SOA exams is that it teaches you true study habits. Spending $200 every 3 months because you think that "this time" you will study harder is disconcerting.No one should take the SOA exams unless they plan on becoming an actuary. Period. That's why they are called actuary exams. If you have a burning desire to take an exam go for the CFAs.For example: A friend of mine currently enrolled in an MFE program told me that he had hoped that studying for (and passing) the P exam would give him a stronger foundation in probability for the MFE probability courses. He said that it did not help at all as the SOA P exam is firmly application while prob courses in grad school are typically theoretical.
The one good thing about the SOA exams is that it teaches you true study habits. Spending $200 every 3 months because you think that "this time" you will study harder is disconcerting.
No one should take the SOA exams unless they plan on becoming an actuary. Period. That's why they are called actuary exams. If you have a burning desire to take an exam go for the CFAs.
For example: A friend of mine currently enrolled in an MFE program told me that he had hoped that studying for (and passing) the P exam would give him a stronger foundation in probability for the MFE probability courses. He said that it did not help at all as the SOA P exam is firmly application while prob courses in grad school are typically theoretical.
