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Course for MFE/3F November 2010 Exam: August 7 - October 17
Actuarial Exam Preparation Courses by G.V. Ramanathan

Registration information is at the bottom of this page

 
This online course  is designed to meet the needs of students preparing for SOA/CAS Exam MFE/3F.  It will be  like a regular academic course except that you won't have to travel and you won't have to be at a certain place at a certain time to attend the class.
 
How will it be run?
 
Every week I will send you a reading assignment, a write-up summarizing the basic concepts, illustrative exercises, and a quiz. You may ask me questions at any time and I will try to respond as promptly as I can. Also, I will put up discussions of common interest on the web site or send them by e-mail. This continual interaction is the most important part of the course.

There will be a Forum page on this web site through which you can hold discussions with other students.
 
During the course there will be two exams. (Please see the calendar below for dates.)  They will constitute excellent practice for taking the SOA exam.  Please reserve a good part of the day for each exam.
 
How will the exams be given?
 
I will send out the exam by e-mail and/or post it on course web site at 9 A.M. Central time. You take the allotted time and send me your answers. Then I will send you complete solutions and we will discuss any questions you might have.

 

Online Course text required :
 
ACTUARIAL MODELS : A Study Guide for Course MFE - by G.V. Ramanathan - 2010 Edition, downloadable PDF version. Cost: 60 dollars
 
DERIVATIVES MARKETS by Robert L. McDonald
 
The reading assignments will follow the Study Guide with some references to McDonald. For a description and of the Study Guide and sample pages please click here.
 
Software requirements: I will send out and post files in pdf format. In order to read them you will need Adobe Acrobat Reader,
which you can download from:
 
 
               TENTATIVE SCHEDULE           
       

August 7
Forward Contracts, Options, Arbitrage
August 14
Put-call parity and other properties of options
August 21
Binomial Models
September 2
Brownian Motion, Ito's Lemma
September 14
Black-Scholes-Merton Model, Options Pricing
September 25
Midterm Exam
September 26
Option Greeks
October 3
Interest Rate Models

October 10

Simulation, Volatility etc.

October 17
Final Exam

 
Tuition: 440 Dollars US (Does not include the cost of Study Guide). There will be no refunds after the first week of the course.
 
You may register at any of these places and also purchase the Study Guide.
Registration will close on August 5, or earlier if class is filled.