This isn’t reading
the Sunday paper, give yourself some time!
New Year’s weekend I spent holed up reading through the
remainder of module 4 and 5. The good news is that everything is read now and I
can begin studying by review, which I find much more enjoyable. One thing that
has surprised me continually throughout this studying process is that each
chapter inevitably takes more time to read through than I anticipated. I am not
a lackluster reader, either. I typically read voraciously and everything I can
get my hands on; in my undergraduate years I studied English, if that is an
indication of my love of reading. I cannot stress enough: give yourself time to
read and comprehend each chapter of each module. It will take time. Modules 4 and 5 took me about 12 hours to read
through in full this past weekend. Reading for comprehension will take time.
That being said, I do not recommend this “cram-style” that I
am going for right now. I was hopeful to get all of the reading done before my
holiday break from school was over, and I did. My retention of the material
might not been all that I had hoped by reading through it in this manner. One
thing that I noticed right away was there were quite a few questions on the
pre-test on module 4. Module 4 is quite a hefty book, with three chapters heavy
in information. The payments systems and concentration systems were the biggest
struggle for me to wade through. The majority of my struggles deal with
verbiage differences between the AFP and what we refer to concepts as in the
workplace. It is imperative to learn the AFP language, however, if I want to
test well. One piece of advice I received from a co-worker on our ethnography
team is to use the language the AFP uses as they are generally quite consistent
and want the same definitions that they lay out.
I took the module 4 post test once I finished with the
reading. I did not do well on it, 70%, but I am chalking some of that up to
distraction; hey, SVU was on and it has been a long day! I noticed right away
that there were 83 questions on the quiz. That was the most of any post-module
quiz I have taken. This is surely a meaty module that is designed to be paid
attention to. I was surprised that there were not more questions related to
equations in this module, as well.
Something I certainly would have struggled with had I not
studied it in school is the concepts of futures, forwards, swaps and options. I
would recommend working toward a thorough understanding of these concepts. I am
hopeful that I will soon be able to take the modules 5 and 6 post test, then
the pre-test again to understand where I am falling short. I will also be
taking the post-test.
As a banker, I realized today I get banker’s hours and have
MLK Jr. Day off. Since I have a dream of finishing this test with a passing
grade, I just earned myself a free study/review day!