# Preparation Courses for Actuarial Exams

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### Exam P from the Society of Actuaries

Exam P (Probability) is usually the first exam most actuarial science students sit for. The exam emcompases a wide range of topics in assessing insrance risk such as probability density functions, cumulative distribution functions, probability generating functions, moment generating functions, mean, variance, standard deviation, etc. A deeper understading of calculus is required to successfully pass this exam.

AnalystPrep’s study materials for Exam P has been built by academics and professionals in the field of actuarial probability. It includes study notes so that you can learn the concepts in depth, an exam P question bank with hundreds of practice questions – divided by learning objective – and unlimited customizable quizzes to replicate the real exam. Moreover, you will be able to pinpoint your strongest and weakes areas with our advanced analytics algorythm.

### Exam FM from the Society of Actuaries

Exam FM (Financial Mathematics) is usually the second exam most actuarial science students sit for and consists of three hours of multiple-choice questions. The exam covers interest theory and basic understanding of derivative securities. The focus of this exam is to deepen the candidate’s understanding of how to price securities (loans, bonds, swaps, etc.) given a set of futures cash flows.

AnalystPrep’s study materials for Exam FM has been prepared by academics with a deep understand of financial mathematics. It includes topic summaries so that you can learn the rudimentary aspects of securities pricing, an exam FM question bank with hundreds of practice questions – well-organized by topic – and unlimited customizable quizzes to replicate the real exam or pinpoint some harder topics. Having previously worked on CFA and FRM exams, AnalystPrep’s team is at the right place to know exactly what it takes for candidates to further their understanding of financial mathematics.

# Exam IFM from the Society of Actuaries

Exam IFM (Investment and Financial Markets) is usually the second exam most actuarial science students sit for and consists of three hours of 30 multiple-choice questions. The exam covers corporate finance and financial models. The focus of this exam is to deepen the candidate’s understanding of corporate finance concepts such as the modern portfolio theory, the capital asset pricing model (CAPM), investment risk, etc. as well as some more quantitative concept such as forwards, futures and options pricing.

AnalystPrep’s study materials for Exam IFM has been prepared by professionals and academics in the field of finance. It includes topic in-depth study notes that teaches you all of the qualitative and quantitative aspects of corporate finance and the pricing of deritatives securities, an exam IFM question bank with hundreds of practice questions – all by topic – and unlimited customizable quizzes to better prepare you for the big day. AnalystPrep’s team of renowned finance professors is well suited to teach you what it takes to pass this exam.