SHREYASH NARESH MAHESHWARI: ACTUARIAL EXAM PROGRESS
| Sr. No. | Syllabus | Exam Pass Lists | Result Date | Time (years) | Age (years) |
|---|---|---|---|---|---|
| 0 | ACET | Actuarial Common Entrance Test | 12-07-2018 | 0.00 | 18 |
| 1 | CT2 | Finance and Financial Reporting | 15-11-2018 | 0.34 | 18.35 |
| 2 | CT7 | Business Economics | 15-11-2018 | 0.34 | 18.35 |
| 3 | CS1 | Actuarial Statistics | 31-01-2020 | 1.56 | 19.56 |
| 4 | CM2 | Financial Engineering and Loss Reserving | 31-01-2020 | 1.56 | 19.56 |
| 5 | CM1 | Actuarial Mathematics | 30-01-2021 | 2.55 | 20.56 |
| 6 | CS2 | Risk Modelling and Survival Analysis – AIR 1 | 30-01-2021 | 2.55 | 20.56 |
| 7 | SP6 | Financial Derivatives – AIR 1 | 05-06-2021 | 2.90 | 20.90 |
| 8 | CB3 | Business Awareness Model | 15-07-2021 | 3.01 | 21.01 |
| 9 | SP5 | Investment & Finance – AIR 1 | 18-11-2021 | 3.35 | 21.36 |
| 10 | SA7 | Investment & Finance Advanced | 18-11-2021 | 3.35 | 21.36 |
| 11 | CP1 | Actuarial Practice | 26-05-2022 | 3.87 | 21.88 |
| 12 | CP2 | Modelling Practice – AIR 1 | 26-05-2022 | 3.87 | 21.88 |
| 13 | CP3 | Communication Practice | 26-05-2022 | 3.87 | 21.88 |
SHREYASH NARESH MAHESHWARI: ACTUARIAL EXAM ATTEMPT HISTORY
| Sr. No. | Exam | Question Paper & Indicative Solution | Result | Exam Date | Time (years) | Age (years) |
|---|---|---|---|---|---|---|
| 1 | ACET | Question Paper | Indicative Solution | PASS | 23-06-2018 | 0 | 17.95 |
| 2 | CT2 | Question Paper | Indicative Solution | PASS | 11-09-2018 | 0.22 | 18.17 |
| 3 | CT7 | Question Paper | Indicative Solution | PASS | 12-09-2018 | 0.22 | 18.17 |
| 4 | CS1B | Question Paper | Indicative Solution | FAIL | 18-06-2019 | 0.99 | 18.94 |
| 5 | CM1B | Question Paper | Indicative Solution | FAIL | 19-06-2019 | 0.99 | 18.94 |
| 6 | CS1A | Question Paper | Indicative Solution | FAIL | 20-06-2019 | 0.99 | 18.94 |
| 7 | CM1A | Question Paper | Indicative Solution | FAIL | 21-06-2019 | 0.99 | 18.95 |
| 8 | CS1B | Question Paper | Indicative Solution | PASS | 19-11-2019 | 1.41 | 19.36 |
| 9 | CM2B | Question Paper | Indicative Solution | PASS | 20-11-2019 | 1.41 | 19.36 |
| 10 | CS1A | Question Paper | Indicative Solution | PASS | 21-11-2019 | 1.41 | 19.36 |
| 11 | CM2A | Question Paper | Indicative Solution | PASS | 22-11-2019 | 1.42 | 19.37 |
| 12 | SP5 | Question Paper | Indicative Solution | FAIL | 23-11-2020 | 2.42 | 20.37 |
| 13 | CS2A | Question Paper | Indicative Solution | PASS & AIR 1 | 26-11-2020 | 2.43 | 20.38 |
| 14 | CS2B | Question Paper | Indicative Solution | PASS & AIR 1 | 26-11-2020 | 2.43 | 20.38 |
| 15 | CM1A | Question Paper | Indicative Solution | PASS | 27-11-2020 | 2.43 | 20.38 |
| 16 | CM1B | Question Paper | Indicative Solution | PASS | 27-11-2020 | 2.43 | 20.38 |
| 17 | SP6 | Question Paper | Indicative Solution | PASS & AIR 1 | 27-03-2021 | 2.76 | 20.71 |
| 18 | CB3 | Project & Practical Based Course | PASS | 01-06-2021 | 2.94 | 20.89 |
| 19 | SA7 | Question Paper | Indicative Solution | PASS | 01-09-2021 | 3.19 | 21.14 |
| 20 | SP5 | Question Paper | Indicative Solution | PASS & AIR 1 | 07-09-2021 | 3.21 | 21.16 |
| 21 | CP3 | Question Paper | Indicative Solution | PASS | 12-03-2022 | 3.72 | 21.67 |
| 22 | CP1A | Question Paper | Indicative Solution | PASS | 23-03-2022 | 3.75 | 21.70 |
| 23 | CP1B | Question Paper | Indicative Solution | PASS | 24-03-2022 | 3.75 | 21.70 |
| 24 | CP2A | Question Paper | Indicative Solution | PASS & AIR 1 | 25-03-2022 | 3.75 | 21.71 |
| 25 | CP2B | Question Paper | Indicative Solution | PASS & AIR 1 | 26-03-2022 | 3.76 | 21.71 |
CORE PRACTICE SUBJECTS: EXAM TIPS ARTICLES
IAI ANNUAL REPORTS
AGFA 2023 MEMORIES
IAI ADMISSION LETTERS: START AND END POINTS OF AN EXACT 4 YEAR JOURNEY
LESSONS LEARNT DURING THE 4 YEARS JOURNEY
I completed my actuarial qualification journey in 3.87 years at age of 21.88. I had faced Failure 3 times (CM1, CS1, SP5) & secured AIR 1 4 times (CS2, SP6, SP5, CP2). I completed all the subjects using self study only. The journey over the 4 years was full of excitement, tension, anticipation, depressing failures and extreme success. This journey taught me the below lessons:
- When you want something very immensely, the entire universe conspires to help you achieve it. I sincerely wanted to complete actuarial science with Investment specialization, but was unsure how I would complete it. I did not worried about my capabilities and focused only on my interests.
- Every person is born twice - the second time is when you earn a place among the people forever. On 12 July 2018 my ACET results came and on 19 July 2018 I became a Student Member of IAI. Since then my life has never been the same again.
- You will never be able to escape from your heart. So it's better to listen to what it has to say. After failing CM1 & CS1 in June 2019, in November 2019 logically I should have appeared and passed only CS1. But since my heart was into Financial Engineering, I studied CM2 in 2.5 months & passed CM2 & CS1 in November 2019 Exam. This gave me the confidence that yes, I can become an Investment Actuary.
- Success or failure is an outcome of stochastic process - one must focus on progress and learn from their successes & failures. My initial failures in CM1 & CS1 taught me how to maintain progress in actuarial exam passes - the key takeaway was extensive practise of past exam papers under exam conditions is compulsory for good marks. Also one must simply ignore the noise that society makes about your successes & failures and simply focus on your next steps.
- Never think about whether any event was done in past by others or not - if you want to do something just try it. Even though I knew that CP1 was a vast subject equivalent to 2 SP Subjects, I attempted it with CP2 & CP3 in March 2022. Earlier I had never passed 3 subjects in single attempt, but still I decided to try it because in my opinion "A Fail Result is always better than No Result". I passed CP1, CP2 & CP3 in First Attempt in March 2022 with AIR 1 in CP2.
Similarly on 19 July 2022 I became a Associate Member of IAI & I know that my future will always be secure irrespective of short term struggles.
Similarly after failing SP5 in November 2020, I should have appeared and passed SP5 in March 2021. But again because my heart was into Financial Derivatives and I wanted to secure my career in Front Office, I studied SP6 in less than 3 months and passed SP6 in March 2021 with AIR 1.
THE DESTINATION
It is said that the “The Journey is much more beautiful than the Destination” ; but sometimes “The Destination is as beautiful as the Journey” !!!
This journey would not have been possible without the constant love, affection, support, guidance & blessings of my Mom Mrs. Shamala Maheshwari. No amount of words would be sufficient to express my gratitude towards my Mom !!!
