Exam FM
Exam FM
Everything You Need To Pass
Coaching Actuaries gives you the tools to study smarter and pass the Financial Mathematics Exam.
Your Coaches
Here To Help
Meet our team of expert coaches who will guide you through
Exam FM.
Dave Kester, FSA, MAA
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.
Content Team
Tong Khon Teh, FSA, CFA
Exam FM Product ManagerAttained FSA via the QFI TrackI have taught different undergraduate actuarial science courses and exam prep courses at Drake University since 2010. I received my FSA in 2016 and am currently the Product Manager for Coaching Actuaries overseeing FM, IFM, LTAM, and CFA courses. I love helping students understand challenging concepts and raise their odds in passing the exams! In my free time, I enjoy cross-training and hanging out with colleagues and friends over wine and beer.
Exam FM Overview
What To Expect
Exam Details
30 Computer-based, multiple-choice questions
Registration Deadline
March 12, 2019 (Midnight CST)
Exam Duration
3 Hours
Next Available Sitting
April 11-22, 2019
Before the Exam
Exams You Should Pass First
None. FM is an ideal first exam for aspiring actuaries, along with P.
Exam FM Offerings
FM is offered 6 times per year in the even months (February, April, etc.).
How Do I Register?
- Register online at www.soa.org before the registration deadline.
- Wait 3-5 business days to receive an email confirmation letter.
- Schedule a seat at a Prometric Center.
Learn more about how to register for official SOA exams on their website.
Highest-Weighted Concepts
Questions related to these concepts will appear the most on the exam.
- Annuities
- Loans
- Bonds
Tip from Coach Baron
“Be friends with your BA II Plus calculator. Know how to use the TVM keys.”
Day of Exam
What To Bring:
- A government-issued photo ID that includes a signature
- Recommended Calculator: TI-30XS MultiView AND BA II Plus
(See Other Options)
Tip from Coach K, FSA, MAAA
“Once you understand the basic principles and business terms, it’s a pretty “straight-forward” exam.”
Coach Baron's Story
“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 the Exam
Getting Your Exam Results
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.
Next Steps
