Spring 2006 Application Preliminary Actuarial Exams Exams FM and C - ualberta-2025

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The exam covers basic to intermediate probability concepts covered typically in a first and second year university stats class. Knowledge of first year calculus is expected. The exam is typically quite a bit harder than a university exam setting with a pass rate around 50-60%.
The preliminary exams (Exam 1, Exam 2, MAS-I, MAS-II) are all multiple choice and focused on math, statistics and finance. The upper-level CAS exams (Exams 5-9) are focused on the core areas of actuarial practice in property casualty insurance.
How to pass next time. Like I said above, and you probably already know, you can write actuarial exams an unlimited number of times until you pass. But, if youre like most people, you probably want to get each one out of the way as quickly as possible.
The exams are scored on a scale of 0-10. A score of 6 is the minimum passing score, or the pass mark, and is set by the SOA. The SOA usually determines a specified number of correct answers as the pass mark, and this pass mark can vary by exam and even by each administering of the exam.
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