ALTAM Exam Summary

Exam Format:

$\bullet \quad$ Length: Three-hour exam

$\bullet \quad$ Question Type: Six questions, worth a total of 60 points

$\bullet \quad$ Administration: Computer-based test (CBT) taken at Prometric testing centers.

$\bullet \quad$ Delivery: Questions are displayed on the computer.

$\bullet \quad$ Excel Workbook: Candidates are provided with an Excel Workbook containing one question, tables, and formulas that may be used for any of the six questions.

Answering the Questions:

$\bullet \quad$ Five questions: Answered in pen in exam answer booklets provided by Prometric. Excel Tables can be used for calculations, but only answers in the booklet are graded.

$\bullet \quad$ One question: Answered directly in the provided Excel Workbook. Only the information within the Excel Workbook will be graded. Scratch paper can be used for rough notes, but it will not be graded.

Exam Submission:

$\bullet \quad$ At the end of the exam, candidates will upload their completed Excel Workbook and submit their exam answer booklets to Prometric.

Prerequisites:

$\bullet \quad$ Knowledge of FM, P, and FAM exams: A strong understanding of the concepts covered in the Financial Mathematics (FM), Probability (P), and Fundamentals of Actuarial Mathematics (FAM) exams is assumed.

$\bullet \quad$ Mathematical Statistics VEE material: Knowledge of the Mathematical Statistics Validation by Educational Experience (VEE) material is also assumed.

Remember: The above blog was made on the basis of information available as of January 2025. Always refer to the official exam guidelines and syllabus for the most up-to-date information.