We are dedicated to experiences leading to understanding and insight.
As you engage with problems in actuarial exams you will find that you need to bring to mind, and use skillfully, certain procedures and formulas.
However, if you simply try rote memorizing those procedures and formulas three things will happen:
- You will rapidly forget them. This means you will need to keep rote memorizing right up to an exam to have any hope of passing, and when the exam is over you will rapidly forget how to use these formulas.
- You will spend a lot of time in rote memorizing procedures and formulas – far too much time, time that is largely wasted.
- When a problem comes along – as it will – that is slightly different to what you have seen before you will most likely be lost in knowing exactly which procedure or formula to use. Confusion in a timed exam is not a good thing!
Our approach is very similar in spirit to that described in “Actuarial Exam Tactics. Learn More, Study Less” by Mike Jennings and Roy Ju.
Where our approach is unique is in the way in which we help you develop understanding and insight.
We base our approach on cognitive load theory, a well researched and tested means of decreasing the load on your working memory as you tackle problems.
We do this, in part, by constructing worked examples that help you build up mental patterns, many of which are highly visual, that are relatively easily recalled, and stick in your memory for a long time.