Statistics for Risk Modeling (SRM) Exam Summary

Exam SRM, administered by the Society of Actuaries (SOA). The SRM exam evaluates candidates’ ability to apply statistical models such as regression models, time series analysis, decision trees, and cluster analysis to real-world risk management issues.

Exam Overview

$\bullet \quad$ Content: Statistical learning, Linear models, non-linear models, time series, decision trees, unsupervised learning.  

$\bullet \quad$ Format: 35 multiple-choice questions, 3.5 hours, computer-based.

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

$\bullet \quad$ Prerequisites: Knowledge of Calculus, P exam and VEE Mathematical Statistics.

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

$\bullet \quad$ What next: After clearing the SRM exam you should sit for the PA exam.

$\bullet \quad$ Recommended Study Hours Dedicate approximately 350 hours to preparing for Exam SRM. 

$\bullet \quad$ Fees: USD 170 (For Indian students). 

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

$\bullet \quad$ Location: Prometric testing centre. 

$\bullet \quad$ Exam result: Preliminary pass/fail and official result would be declared after 8-11 weeks.

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.

$\bullet \quad$ 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 SRM 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.

Contact Us at +91 8100598543.

Start your actuarial journey with AEI today!