Reddit reviews Derivatives Markets (2nd Edition)
We found 1 Reddit comments about Derivatives Markets (2nd Edition). Here are the top ones, ranked by their Reddit score.
We found 1 Reddit comments about Derivatives Markets (2nd Edition). Here are the top ones, ranked by their Reddit score.
I passed exam P and exam FM earlier this year.
The textbook that covered the exam P material was This One It did an ok job and covered all the exam P material. I assume any mathematical Statistics book would be similar.
I did use the Kellison Theory of Interest book a bit. However, an interest theory book will not cover all the material on the syllabus for exam FM. roughly 2/3 of the syllabus is interest theory while the other third (roughly) is financial derivatives covered in This Book which is also used in the syllabus for exam MFE/3F.
Now, these textbooks are great for learning the material but your goal is to be able to pass the exams. To do this I HIGHLY recommend you get a study manual and use it as your primary method of study.
Some good study manuals for exam P are either from ASM or ACTEX.
The best manual for Exam FM is ASM. Many people I have talked to have passed the exam in the first sitting using only this manual as their study material.
Also, if you are interested there is a site called The Infinate Actuary that has video lessons available.
I hope this was helpful.