Study Program Components

Study Manuals, Time Management Schedules, Past CAS Questions and Solutions, and Practice Tests in Excel

  • Study Manuals summarizing the syllabus readings in 385 pages.
    This represents a 55% reduction to the over 850 page syllabus.

  • Downloadable time management schedules tracking your time on a weekly and by article bases are indispensable.

  • Final Review Guides distills key concepts, topics and formulas tested and testable, from the study manuals, into a set of “go to” documents during your final review.

  • Over 375 questions and 1000 solutions to past CAS questions from the Spring 2019 and prior exams.

  • Three Practice Exams comprising over 75 questions in spreadsheet format available in late March 2022.

Course curriculum

  1. 1

    • Preparing for Spring 2023 CAS Exam 9
  2. 2

    • Recommended Reading and Time Management Schedule
  3. 3

    • Question Management
  4. 4
  5. 5

    • Chapter 6 – Risk Aversion and Capital Allocation - Overview - Concept Questions

    • Chapter 6 - Article Summary, Questions and Solutions

    • Chapter 6 - Final Review Guide

    • Chapter 7 – Optimal Risky Portfolios - Overview - Concepts Questions

    • Chapter 7 - Article Summary, Questions and Solutions

    • Chapter 7 - Final Review Guide

    • Chapter 8 – Index Models - Overview - Concepts Questions

    • Chapter 8 - Article Summary, Questions and Solutions

    • Chapter 8 - Final Review Guide

    • Chapter 9 – The Capital Asset Pricing Model - Overview - Concept Questions

    • Chapter 9 - Article Summary, Questions and Solutions

    • Chapter 9 - Final Review Guide

    • Chapter 10 – Arbitrage Pricing Theory - Overview - Concept Questions

    • Chapter 10 - Article Summary, Questions and Solutions

    • Chapter 10 - Final Review Guide

    • Chapter 11 – Market Efficiency - Overview - Concept Questions

    • Chapter 11 - Article Summary, Questions and Solutions

    • Chapter 11 - Final Review Guide

    • Chapter 12 – Behavioral Finance & Technical Analysis

    • Chapter 12 - Article Summary, Questions and Solutions

    • Chapter 12 - Final Review Guide
  6. 6

    • Chapter 15 – The Term Structure of Interest Rates - Overview - Concept Questions

    • Chapter 15 - Article Summary, Questions and Solutions

    • Chapter 15 - Final Review Guide

    • Chapter 16 - Managing Bond Portfolios - Overview - Concept Questions

    • Chapter 16 - Article Summary, Questions and Solutions

    • Chapter 16 - Final Review Guide

    • Chapter 23.4 - Swaps - Article Summary, Questions and Solutions

    • Chapter 23 - Section 4 - Final Review Guide

    • Managing Interest Rate Risk: ALM, Franchise Value, and Strategy - Overview

    • Managing Interest Rate Risk: ALM, Franchise Value, and Strategy - Article Summary, Questions and Solutions

    • Managing Interest Rate Risk: ALM, Franchise Value, and Strategy - Final Review Guide
  7. 7

    • Chapter 14 – Bond Prices and Yields - Article Summary, Questions and Solutions

    • Chapter 14 - Final Review Guide

    • The Economics of Structured Finance - Coval, et. al - Article Summary, Questions and Solutions

    • The Economics of Structured Finance - Coval, et. al - Final Review Guide

    • Allocation of Capital in the Insurance Industry - Final Review Guide

    • Cat Bond and Other Risk-Linked Securities - Article Summary, Questions and Solutions

    • Cat Bond and Other Risk-Linked Securities - Final Review Guide

    • Goldfarb - Risk-Adjusted Performance Measurement - Article Summary, Questions and Solutions

    • Goldfarb - Risk-Adjusted Performance Measurement - Final Review Guide

    • Capital Allocation by Percentile Layer - Article Summary, Questions and Solutions

    • Capital Allocation by Percentile Layer - Final Review Guide

    • Butsic - Solvency: RBC Applications - Article Summary, Questions and Solutions

    • Butsic - Solvency: RBC Applications - Final Review Guide

    • Cummins - Allocation of Capital in the Insurance Industry - article summary, questions and solutions

    • Cummins - Allocation of Capital in the Insurance Industry - final review guide
  8. 8

    • McClenahan - Insurance Profitability - Overview

    • McClenahan - Insurance Profitability - Article Summary, Questions and Solutions

    • McClenahan - Insurance Profitability - Final Review Guide

    • Ferrari - The Relationship of U/W and Investment - Article Overview

    • Ferrari - The Relationship of U/W and Investment - Article Summary, Questions and Solutions

    • Ferrari - The Relationship of U/W and Investment - Final Review Guide

    • Robbin - The Underwriting Profit Provision (excluding Sec V, VI, IX) - Article Overview

    • Robbin - The Underwriting Profit Provision (excluding Sec V, VI, IX) - Article Summary, Questions and Solutions

    • Robbin - The Underwriting Profit Provision (excluding Sec V, VI, IX) - Final Review Guide

    • Robbin - IRR, ROE, and PVI/PVE - Article Overview

    • Robbin - IRR, ROE, and PVI/PVE - (Exclude Sections 6 and 7) - Article Summary, Questions and Solutions

    • Robbin - IRR, ROE, and PVI/PVE - (Exclude Sections 6 and 7) - Final Review Guide

    • Feldblum - The Internal Rate of Return - Article Overview

    • Feldblum - The Internal Rate of Return - Article Summary, Questions and Solutions

    • Feldblum - The Internal Rate of Return - Final Review Guide

    • Mango - Game Theory: Property Catastrophe Risk Load - Article Overview

    • Mango - Game Theory: Property Catastrophe Risk Load - Article Summary, Questions and Solutions

    • Mango - Game Theory: Property Catastrophe Risk Load - Final Review Guide

    • Kreps - Riskiness Leverage Ratios - Article Overview

    • Kreps - Riskiness Leverage Ratios - Article Summary, Questions and Solutions

    • Kreps - Riskiness Leverage Ratios - Final Review Guide
  9. 9

    • CAS Sample Integrative Questions and Solutions

    • CAS Actual Integrative Questions and Solutions
  10. 10

    • Practice Exam 1

    • Practice Exam 2

    • Practice Exam 3