Updated May 22, 2017
New sample exam questions and some minor study note updates are now available for the June 2017 and later administrations of SOA Exam FM (Financial Mathematics).
- New sample questions, some of which are on topics new to this exam, have been added to the sample exam questions and solutions documents and the online sample exam. Additional questions are likely to be added. Please check the Exam FM Updates page regularly.
- Two study notes for Exam FM have been updated.
- Study note FM-25-17 “Interest Rate Swaps” has been updated with some clarifications and corrected calculations.
- Study Note FM-26-17 “Determinants of Interest Rates” has had minor corrections plus a correction to the definition of PPI on Page 17.
The topics and methodologies covered on the exam are not affected by the above changes.