Submitted by: Zara Ingram

IBM has come up with a new certification course with financial modeling as its core. This offering from IBM has hit the market with the name IBM Algo Financial Modeler Developer Fundamentals. The initial response to this certification has been tremendous and all the concerned professionals and students are showing great interest in this certification.

C2020-002 IBM Algo Financial Modeler Developer Fundamentals Exam has proved itself as the most consistent entity when it comes to certification business. They are coming up with these remarkable certifications at every regular interval. Other rival companies have never generated such certification opportunities in such a professional manner.

What would be the value addition after passing this exam?

After passing this exam an individual will be able to assist in Algo financial modeler (AFM) implementation projects, he will be able to solve all the related problems and errors.

C2020-002 IBM Algo Financial Modeler Developer Fundamentals Exam He would be interpreting errors and would be able to understand the key concepts of developing the standard code. In short he would be having all the skills to implement and control all the related projects at its best.

What are the recommended pre requisites?

It is recommended by IBM that an individual must possess some knowledge before registering this exam which includes detailed knowledge of life insurance sector, all the products available in the market related to life insurance and all the minor and major details of these products.

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Candidate must have knowledge about the actuarial concepts and there must be some experience involved. Experience in actuarial modeling or life insurance industry will certainly be very beneficial. Candidate must have all the basic and advanced level of knowledge regarding Microsoft Excel.

What type of contents will be tested?

Contents are divided in four broad parts but if we observe the details these four parts are further divided into chapters. Four broad parts areAlgo financial modeler (AFM) concepts, Algo financial modeler (AFM) standard code, Algo financial modeler (AFM) troubleshooting and Algo financial modeler (AFM) outputs.

How to prepare?

In order to get prepared for this examination, one needs to go through the official website. C2020-002 IBM Algo Financial Modeler Developer Fundamentals Exam Official website gives 4 sources which will help the candidate.

These 4 sources are:

Articles, which can be purchased from the website.

Classroom course is offered which can be taken anytime.

Detailed presentation can be purchased.

Help from product documentation can be taken.

All these sources are available at a very low cost. Another way to prepare this examination is from the material provided by third party vendors. Third option is the self-study through videos tutorials and web sources for which the detailed content list is available on the website.

Exam details:

Number of questions included in exam are 60.

Time allowed is 90 minutes.

Minimum score to pass is 68%.

This exam is available in English language only.

Conclusion:

In a nutshell, we can say that this is the most advanced offering from the brand name IBM. This certification will open a lot of employment doors for the fresh graduates. Therefore all the related professionals and students must really look forward to have this certification on their resume.

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