How fast do I need to type on the SOA or UFE?

It’s hard to quantify it exactly but you will need to be proficient on a computer. When you get to the stage of writing simulations you will spend about 1/3 of your time reading and outlining and 2/3 of the time writing. Your average simulation response could include 2-4 pages of text (if quants are not involved) for a 60-90 minute simulation. Some of that time will be spent thinking as well so keep that in mind.

I haven’t met many people who are slow typers anymore but if you are significantly below average this may be a good time to take up some activities to increase your typing speed. If you are average then you’ll be fine in my opinion. You don’t need any kind of above-average level of typing to do well on the UFE. Especially if you become a strong case writer and can get your thoughts down concisely.

2 comments

  1. Hi there,

    My outlining speed is slow and it takes more than 30% of time. Could you please suggest me how to improve my outlining speed.

    Your reply is highly appreciated.

    Thanks

    • Hey!

      If it takes more than 30% of time that’s still okay. I think more than 40% and you might start to get worried but investing in a good outline can pay off.

      I’ve written about outlining before: check it out.

      I would say, probably the biggest thing that will slow you down with outlining is if you are performing analysis on the outline itself. Save it for the paper. Use your case paper along with your outline and only track the issues that come up on the outline with a reference on your case paper.

      I.e.

      Your outline might say things like

      Identify Financial Accounting Issues in the clients business (this is a required that comes straight from the case paper)
      – Rev Rec: Too early p. 3
      – Rev Rec: Multiple deliverables p. 3
      – Inventory: NRV issue p. 4

      etc.

      The key is to id the issue in your outline and analyze in your paper.

      This is the most common error and might save you the time you need to get where you want!

      Hope that helps.

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