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Financial Mathematics Exam—October 2011
The Financial Mathematics exam is called Exam FM by the SOA and Exam 2 by the CAS. This three-hour
exam consists of 35 multiple-choice questions. The examination is administered by Preliminary Actuarial
Examinations/SOA. The examination is jointly sponsored and administered by the CAS, SOA, and the Canadian
Institute of Actuaries (CIA). The examination is also jointly sponsored by the American Academy of Actuaries
(AAA) and the Conference of Consulting Actuaries (CCA).
The Financial Mathematics Exam is administered as a computer-based test. For a
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