Coaching Actuaries gives you the tools to study smarter and pass the Fundamentals of Actuarial Mathematics Exam.
Meet our team of expert coaches who will guide you through
Exam FAM.
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Dave Kester, FSA, MAAA
Exam FAM 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 FAM 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.
40 Computer-based, multiple-choice questions
June 6, 2023 (Midnight CST)
3.5 Hours
July 5-11, 2023
FAM is offered three times per year, with sittings in March, July, and November.
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.
"Many topics on the exam are application-based. In going through the exam material, focus on understanding as much as possible from a big-picture perspective."
"If you've taken a CBT exam before, the format won't surprise you on Exam Day. Just be aware that this exam has more questions (40) than the other CBT exams you've taken."
"Don't be afraid to skip questions. The CBT platform makes it easy for you to mark a question and come back to it later. Make sure to give yourself enough time to ace easy questions that may be at the end of your exam. Remember, easy questions are worth just as much as hard questions."
Because this is a new exam, results for the first several administrations will not be instantaneous. Results will be released on the SOA website about 8 weeks after each testing window ends.
You will need to choose between ALTAM and ASTAM to take next. Other exams to consider include SRM, PA, and ATPA.
You will need to obtain your remaining VEE credits, complete your modules (Pre-Actuarial Foundations, Actuarial Science Foundations, FAP), and fulfill your APC requirements in order to attain your ASA designation.
IMPORTANT NOTE: If you have passed LTAM, you will only need to take FAM-S. If you have passed STAM, you will only need to take FAM-L. If you haven't passed either, then you must take FAM. You cannot take FAM-S and FAM-L separately as a replacement for FAM.