Free Exam FM diagnostic
Free Exam FM practice test
10 questions from every syllabus topic in 50 minutes. Then your score by topic and a short lesson on the one to fix first.
- Five choices each, at the real exam's pace: 5 minutes a question.
- Have your calculator ready, ideally a BA II Plus. No account.
- Move back and forth and flag questions.
The real exam
| Topic | Share of the exam |
|---|---|
| Time Value of Money | 5–15% |
| Annuities | 20–30% |
| Loans | 15–25% |
| Bonds | 15–25% |
| General Cash Flows, Portfolios and Asset Liability Management | 20–30% |
30 multiple-choice questions in 2.5 hours, five choices each, on a computer at a Prometric center. A few are unscored pilot questions, and a blank counts as wrong.
What your result means
You get questions right in each topic, so you can see where to start. SOA reports pass or fail, and sets the pass mark for each sitting.
Running an actuarial club or class?
Set this as a 50-minute check. Each student sees a score in every topic, and nobody needs an account.
Independent, original practice for SOA Exam FM (Financial Mathematics). Not affiliated with or endorsed by the Society of Actuaries (SOA). SOA publishes the syllabus free on soa.org.