Statistics for Risk Modeling (SRM) Exam Summary

Exam Format:

$\bullet \quad$ Length: Three and one-half hours

$\bullet \quad$ Question Type: 35 multiple-choice questions

$\bullet \quad$ Administration: Computer-based test (CBT)

Exam Purpose:

$\bullet \quad$ Fundamentals of Analytic Methods: The primary goal is to provide a foundational understanding of key analytic methods used in risk modeling.

$\bullet \quad$ Prerequisite for Predictive Analytics: This exam serves as a prerequisite for the Predictive Analytics exam, which will delve deeper into the techniques covered in SRM.

Prerequisites:

$\bullet \quad$ Calculus, Probability, and Mathematical Statistics: A thorough knowledge of calculus, probability (as covered in Exam P), and mathematical statistics (as covered in the VEE Mathematical Statistics) is assumed.

Exam Resources:

$\bullet \quad$ Tables: A variety of tables will be provided to candidates during the exam, including values for the standard normal distribution, t-distribution, and chi-square distribution. This information will be available as a PDF under an “Exhibit” button during the CBT exam. Paper/pencil exam candidates will receive a hard copy of the tables.

$\bullet \quad$ No Personal Tables: Candidates are not allowed to bring their own copies of the tables into the examination room.

General Information:

$\bullet \quad$ Learning Objectives: The provided weights are intended to indicate the relative emphasis on different sections, but actual weights on individual exams may vary.

$\bullet \quad$ Answer Choices: Each multiple-choice question has five answer choices (A, B, C, D, and E), with only one correct answer.

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.