Coaching Actuaries gives you the tools to study smarter and pass the Financial Mathematics Exam.
Meet our team of expert coaches who will guide you through
Exam FM.
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Dave Kester, FSA, MAAA
Exam FM Video CoachAttained FSA via the ILA TrackI’ve been helping aspiring actuaries for more than 20 years. When I’m not teaching, I like to read, run, and listen to good math stories. When I was preparing for the actuarial exams, there was nothing like Coaching Actuaries. Now, we combine teaching and technology to guide the next generation of actuarial students.
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Jia Bin Ho, ASA, CFA, M.B.A.
Exam FM Product ManagerPursuing FSA via the QFI TrackI graduated from Drake University in 2012. I'm a math geek who likes to travel. My favorite place I've been to is New York City for all the different museums! One of my bucket list is to visit every state in the US.
30 Computer-based, multiple-choice questions
July 11, 2023 (Midnight CST)
2.5 Hours
August 9-20, 2023
None. FM is an ideal first exam for aspiring actuaries, along with Exam P.
FM is offered 6 times per year in the even months (February, April, etc.).
Learn more about how to register for official SOA exams on their website.
Questions related to these concepts will appear the most on the exam.
“Be friends with your BA II Plus calculator. Know how to use the TVM keys.”
“Once you understand the basic principles and business terms, it’s a pretty “straight-forward” exam.”
“Two hours into the exam, I was struggling to recall formulas. I thought I was going to fail. But then I decided to just start writing down formulas as they came to me for each question, then solving them to see if my answer matched one of the possible choices. I got a 9.”
After you complete your exam, you will receive a preliminary Pass-Fail result. This is not your official final result.
After approximately 8 to 11 weeks, the SOA will release the list of passing candidates' ID numbers. A few days after this list has been published, you will be able to see your final score in your official SOA transcript when you log into the SOA website.
If FM was the first exam you’ve taken, you should take P next, the other introductory exam. If you have passed P, your next exam will depend on the actuarial society from which you wish to earn your designation.
SOA Track
Consider taking FAM or SRM. FAM should be followed by your choice of ALTAM or ASTAM. SRM should be followed by PA.
CAS Track
MAS-I is the next exam on your path to the ACAS designation.