Crazy Idea

With the change from FAP Exam 1 to Interim Assessment official, the popular opinion on AO is that there will be another a big round of delay before the roll out of the IA, similar to the delay of the roll out of the initial FA. Because under the IA system, Module 6 of the FAP will become locked until the IA is completed, there will be a potential hiatus in the progress of my SOA exams in spring 2008. That is, as of now, if I were to do the IA, there is absolutely no incentive for me to push through the modules as there is nothing to move on to afterward.

Ideally, I *could* go for the May CSP next year, and ignore the FAP. I have only 4 months to study for the CSP, so I don't know how smart that would be. Afterward between May and November, I'll need to finish Modules 1-5 and do the IA, Modules 6-8, and prepare for the DP exam. And so I'll be doing the FA in December 2008. Assuming I don't fail anything, I'll have my Fellowship in probably mid 2009 after doing the fellowship modules (if they ever come out).

The alternative is write the last FAP Exam 1 in December 12--BUM BUM BUM!!! Doing so would make my 2008 schedule a little bit looser. It will definitely keep my exam progress continuous and reduced the risk of having to face the delay of the IA. I can also take a more relax route to fellowship and follow SOA's recommended order: FAP Modules 6-8 + FA + FSA Modules (first 1/2 of 2008) -> DP (Nov 2008) -> CSP (May 2009) -> Capstone.

After reviewing my exam and TA marking schedule, I've tentatively decided to *try* to go for December 12 FAP Exam 1. I have about one month of time before the registration deadline of November 19; let's hope I can make it.

Module Progress: M2S5 slide 28/55.