Introduction

Exam P, administered by the Society of Actuaries (SOA), focuses on probability concepts crucial for risk assessment. It is a foundational exam for aspiring actuaries, paving the way for advanced studies and a rewarding career.

Exam Overview

$\bullet \quad$ Format: 30 multiple-choice questions, 3 hours, computer-based.

$\bullet \quad$ Pre-requisites: Basic Calculus knowledge is assumed. 

$\bullet \quad$ Government ID: Passport is needed. 

$\bullet \quad$ Recommended Calculator: TI-30XS Calculator. 

$\bullet \quad$ What next: After clearing the P exam you should sit for the FM exam or FAM/SRM exam (if you have already cleared FM).

$\bullet \quad$ Fees: 130 USD (For Indian students). 

$\bullet \quad$ Frequency: January, March, May, July, September and November, .

$\bullet \quad$ Registration deadline: 1 month before the exam date.

$\bullet \quad$ Results: Preliminary pass/fail with official result after 8 to 11 weeks.

$\bullet \quad$ Recommended Study Hours Dedicate approximately 300 hours to preparing for Exam P. 

Course Content 

$\bullet \quad$ General Probability.

$\bullet \quad$ Univariate Probability Distributions.

$\bullet \quad$ Multivariate Probability Distributions.

$\bullet \quad$ Insurance and risk management.

AEI Study Resources

We offer comprehensive resources:

$\bullet \quad$ Recorded Lectures: 200+ hours of recorded lectures would be provided at the time of admission. 

$\bullet \quad$ Live Sessions: 100+ hours of live class would be conducted. 

$\bullet \quad$ Digital Study Materials: Easy-to-access resources.

$\bullet \quad$ Practice Papers & Chapter-wise MCQs: 1000+ MCQs uploaded on our website.

$\bullet \quad$ Mock Tests: Actual exam style practice mocks.

$\bullet \quad$ Doubt-Solving Sessions: Get all your queries answered.

$\bullet \quad$ Training Fee: The fee for Exam P preparation is ₹30,000, including all materials and support.

Additional Benefits

$\bullet \quad$ Placement Assistance: Help with securing jobs.

$\bullet \quad$ Course Extensions: If you fail/miss the attempt then the course can be extended by paying 1000 INR each term for two terms only.

Start your actuarial journey with AEI today!