Actuarial Learning Sessions for Sept 2017 Exams - Mumbai and Pune.

Hello Aspirants,

I hope all of you are doing good. Your exam must have been good and you have already relaxed for good number of days by now. This is the good time you start studying again. This post may be useful to you.

This post is regarding schedule for CT Series Lectures beginning in next few days.

This schedule is temporary and will be changed soon after discussing with students enrolled. Get in touch with our office as soon as possible. As always, you may attend 2 lectures as trial in all the subjects,

Schedule

(Classroom Training Program)

CT1 Financial Mathematics

Batch 1	Vile Parle Weekday -From 5th June	Mon, Tue, Friday (12-2pm)
Batch 2	Vile Parle Weekend -Started - Next Class on 13th May	Saturday - Batch 1 - 10.30am-12.30pm & Batch 2 -6.30pm-8.30pm. Sunday - 8am-10am
Batch 3	Dadar Weekday - starting 15th May	This Monday - 12pm-1.30pm
Batch 4	Dadar Weekend - Starting 14th May	This sunday 6pm-7.30pm
Batch 5	PUNE Weekday - Started	Wednesday and Thursday (Flexible Timings)

CT2- Financial Reporting (Dates yet to be announced)

Batch 1	Vile Parle Weekend	Saturday & Sunday
Batch 2	Vile Parle Weekday	Mon, Tue, Wed (2-5pm)
Batch 3	Pune Weekend	Saturday & Sunday

CT3 – PROBABILITY AND MATHEMATICAL STATISTICS

Batch 1	Vile Parle Weekday - from 5th June	Mon, Tue & Fri (2-4pm)
Batch 2	Vile Parle Weekend - started, Next class 14th May	Sat (2-4)& Sun (11-1pm)
Batch 3	Dadar Weekday - starting 15th may	Mon, Tue & Fri (2-4pm)
Batch 4	Dadar Weekend - starting 14th May	Sat (10-12am) Sun (2-4)
Batch 5	PUNE- Weekday- started, next class 17th May	Wednesday and Thursdayy (Flexible Timings)

CT4 – MODELS

Batch 1	Vile Parle Weekend - Starting 14th May	11am-1pm
Batch 2	Dadar Weekday - Starting 15th May	Monday and Thursday (evening)

CT5 – CONTINGENCY

Batch 1	Vile Parle Weekend - Started, Net class 13th May	Sat (6-8pm) & Sun (9-11am)
Batch 2	Dadar Weekday - Starting 15th May	Mon, Tue, Fri (3-5pm)
Batch 3	PUNE- Weekday	Wed & Thu (Flexible)

CT6 – STATISTICAL METHODS 

(We are offering CT6 at Discounted Fees of INR 10000/-) 

BATCH 1	Vile parle weekend- starting 14th May	This Sunday 12pm-2pm
BATCH 2	Pune weekday - Started, Next Class 24th May	Wed & Thu

CT7 – BUSINESS ECONOMICS

BATCH 1	VILE PARLE Weekday	Yet to Announce
BATCH 2	PUNE WEEKEND	Yet to announce

CT8 – FINANCIAL ECONOMICS

(We are offering CT8 at discounted fees of INR 5000)

BATCH 1	VILE PARLE	Contact office
BATCH 2	PUNE WEEKEND	Contact Office

UP-SKILL PROGRAM

(Comprehensive Test Seties)

(Will launch in June)

Certification in Actuarial and Data Analytics

BATCH 1

VILE PARLE WEEKEND

Sat (6.30-8.30pm) & Sun (8-11am)

ACET TEST SERIES

Launching in June 2017 for further ACET Exams

Basic Mathematics and Statistics required for Actuarial Exams

(Contact office for schedule)

BATCH 1	VILE PARLE Weekend	Saturday and Sunday
Batch 2	Pune Weekday	Wednesday and Thursday

For Admission/Enquiry Kindly Call us or Text/WhatsApp us on +91 95615 72749

Get in touch on Facebook - www.fb.com/SchoolOfActuaries

Website - smonk.in

After my exit from old coaching classes, students are irresolute

Since many students in past 2 weeks have discussed the confusion with me, I feel it is necessary to state my views...

This post is addressed to all those students who have contacted me in last few days with state of extreme confusion of where to go after I left the previous coaching classes. They feel when I was a part of the old coaching centre, it was a great place for them to study. Now they are not sure whether to join that coaching where I am not there anymore or to join my new organisation S.MONK.

On lighter note, Oreo cookies and its attractive wrapper makes great team which makes it sell. If someday Oreos and its wrapper are kept in 2 different plates, what would you prefer?

Coming back to the topic...

The confusion has no end and students feel if they prefer one, the other one would be unhappy. I feel this perception is incorrect.

You may come to S.MONK or you may choose any other tutor, at the end what matters is that you should pass the exam after such a big investment of time, energy and money. You should feel comfortable in class with the faculty and some other factors should work too.

If you are confused, answer these simple questions, may be, you will get your answer.
1. Which teacher you are more comfortable with, when it comes to discussing your career?

2. Which teacher is full time into teaching, which makes him/her available to you at any point of time?

3. Look at your past and just remember which teacher did you thank last time after getting a successful result?

4. Did any teacher motivate you to push hard when you were going through rough patch, if yes, who was he/she?

5. Who is the teacher whom you wouldn't hesitate to message at 1am to get your queries resolved?

6. Which teacher comes to your mind, to drop a WhatsApp text when you get stuck at any point of time while planning about actuarial career?

Above 6 questions relates to chemistry a teacher and student should enjoy to make the classroom less boring or tiring.

Coming to service part of the institute, as you will be paying a huge amount to get yourself educated. Answer some more questions to yourself...

1. Which classrooms offer better ambience to study, small things like air conditioning, clean toilets, clean drinking water, Hygienic classrooms and receptive reception desk?

2. Which classes provide timings of your convenience and gives space for back-ups and doubts when you miss lecture at least due to genuine reasons?

3. Which class has got better location?

4. Which class is more value for money?

5. Which class sends less annoying marketing calls?

You must have got the answer by now. Ultimately your success is relatively. You get only as much as you want. You pass of fail depending on your own work, good teachers can only push you to success a bit. Mind it, wrong selection of teacher can also resist you from success sometimes. So be wise in making choices.

To all my ex-students, S.MONK is always open for you, for any help. You don't need to take admission by paying us for seeking help. We are always available, for everyone, in every possible situation.

May lord give you loads of success!

Also, thanking you all the past students, each and every one of them. With 3 centres, 14 batches and 100+ students in Mumbai and Pune, S.MONK is doing amazingly good and it's all due to your words of mouth. Every student at S.MONK is because of reference of old students. This was not possible without your reviews, support, word of mouth and everything else you gave me back for the success we have achieved together in the past.

Cheers! And Cheers again for successful launch of S.MONK.

S.MONK is out the replace the old pattern of Teaching of Tradition Coaching Classes

Under traditional course structure, we used to conduct lectures and take test. Most of the time it happens that tests are so many that they remain unchecked or were given to assistants to check which doesn't give mentor a great idea of how student is performing and student doesn't get real feed back.

We are scrapping this old test system to replace it by Open Book Exams, followed by Prelims and final exams. With this new patter, we are very much sure a student will be much better prepared for the real exam of the respective institutes. Details of new course structure is as follows.

New Course Structure of training of Actuarial Exams.

Actuarial Market is becoming more challenging and competitive and so are actuarial exams. To be able to help our students cope up and perform better we have planned a new study schedule taking inspiration from various universities across the globe.

Our Course will be divided into 3 parts namely LEARN, EVOLVE and APPLY.

LEARN

We will have Lectures for 4-5 hours every week for around 15 weeks which will extensively cover the syllabus for writing exams of Institute of Actuaries of India and/or Institute and Faculty of Actuaries, UK.

Students will be provided with a Practise Question Bank which will carry good number of Exam Style Questions to practice after lectures.

EVOLVE

Students will be provided with Assignments which they will have to solve at home and submit on scheduled dates. Assignments will carry 20-35 marks each and will require students to solve 4-5 exam style questions in each assignment.

Students can use any source to be able to solve this question, except discussing with classmates or friends. These assignments can be called as an open book exams that students will themselves write to evolve in the concepts that they have studied in classroom.

Strict deadline will be observed for submission of assignments. Assignments will be marked and results declared within a week of submission date.

APPLY

Students will have to write 3 compulsory exams before he/she appears for IAI/IFoA exams. There will be 2 Preliminary Exams and one Final exam conducted at our campus.

Syllabus will be covered partially in Preliminary exams and completely in Final Exam. Details are given in further pages of this document. Students may opt for additional exams if required. Results of all the exams will be published and feedback given to students within a week of date of Exam. Records will be maintained on online platform provided by our IT partners which will help students and Trainers to check Track Record of Students.

This will help students in identifying his/her good and bad points and work on them according.

(Please note- This program is applicable only for CT1, CT3 and CT5 for Mar/April 2017 Exams. Similar Course pattern will be developed for other CT papers too for September 2017 exams.)

More Details of our Program “EVOLVE”

Under our Program EVOLVE, Students will have to practise lot of questions themselves extensively and submit solved assignments on below mentioned dates.

CT1-Financial Mathematics

Topics covered	Assignments Submission Deadline
Interest rates and Cash flows including annuities	11th December 2016
Project Appraisal	25th December2016
Investments	15th January 2017
Loans and Forward Contracts	5th February 2017
Term Structure and Stochastic modelling of Interest rates	26th February 2017

IAI Exam Date – 21^st March 2017

IFoA Exam Date – 18^th April 2017

CT3- Probability and Mathematical Statistics

Topics covered	Assignments Submission Deadline
Sample Statistics, Probabilities and Generating functions	3rd December 2016
Joint Distributions	18th December 2016
Point Estimation and Confidence Intervals	15th January 2017
Hypothesis Testing	5th February 2017
Regression and analysis of Variances	19th February 2017

IAI Exam Date – 14^th March 2017

IFoA Exam Date – 21^st April 2017

CT5- General Insurance, Life and Health Contingencies

Topics covered	Assignments Submission Deadline
Basics Notations and Derivation relating to life Probabilities, Life Assurance and Life Annuities	27th November 2016
Single Life Policies (Pricing, reserving, Death Strains, Profits)	8th January 2017
Competing risk	29th January 2017
Profit Testing	12th February 2017
Joint Life	26th February 2017

IAI Exam Date – 22^nd March 2017

IFoA Exam Date – 19^th April 2017

Notes-

-          -Feedback shall be given within a week of submission date. Submission strictly on or before deadline, no assignments will be accepted after submission date. Prior Approval required in exceptional cases.

-         - Assignments should be hand written

-        -  Legitimate hand writing expected. Assignments with poor presentation will not be accepted for marking.

Details of our Program “APPLY”

Under this program we shall conduct 2 preliminary exams and one final exams. Syllabus under each exam is as follows.

CT1-Financial Mathematics

Exam	Marks	Date	Timings
Prelim 1 (Chp1-7)	50	24th December	4pm-5.30pm
Prelim 2 (Chp 1-11)	75	29th January	3.30pm-5.30pm
Final Exam (Full Syllabus)	100	5th March	10.30am-1.30pm

IAI Exam Date – 21^st March 2017

IFoA Exam Date – 18^th April 2017

CT3- Probability and Mathematical Statistics

Exam	Marks	Date	Timings
Prelim 1 (Chp1-7)	50	7th January	2pm-3.30pm
Prelim 2 (Chp 1-12)	75	19th February	1.30pm-3.30pm
Final Exam (Full Syllabus)	100	4th March	10.30am-1.30pm

IAI Exam Date – 14^th March 2017

IFoA Exam Date – 21^st April 2017

CT5- General Insurance, Life and Health Contingencies

Exam	Marks	Date	Timings
Prelim 1 (Chp1-7)	60	22nd January	11.30am-1.15pm
Prelim 2 (Chp 1-7,10,12,13)	80	26th February	10.30am-12.30pm
Final Exam (Full Syllabus)	100	5th March	10.30am-1.30pm

IAI Exam Date – 22^nd March 2017

IFoA Exam Date – 19^th April 2017

Notes-

-          - Feedback shall be given within a week of examination date. Students will not be allowed to have flexibility in dates and timings of exam. Exception may be accepted only in selected case, provided prior approval is taken from management.

-          - Legitimate hand writing expected. Answer sheets with poor presentation will not be accepted for marking.

-          - Final decision with dates and timings of exam rest with management.

*IMPORTANT NOTE*

We are currently working on incorporating practical training sessions into the curriculum. That may apply from next session after we are prepared with robust curriculum, but students who participate in current session will also be able to participate in "Computer Skills Program" to be held next session onward. 

Basically, under this program, every student will be trained to use computer softwares for topics covered in syllabus. Making a student more employable. 

Happy Actuarial Journey with S.MONK!