If you want to be an actuarial professional, you already know there are going to be exams to take, including the Society of Actuaries, or SOA exams. SOA exams include Exam P, Exam FM, Exam SRM, and Exam ALTAM, to name a few. For the Exam P exam, just like the rest of them, there are prep courses you can take to help you pass the national exam on the first try. The courses are invaluable and include a SOA exam P practice exam that gives you an idea of what the real test will be like.
Mock Tests Help a Lot
Prep courses for actuaries and other professionals can be pricey, but they are more reasonably priced than you think and are always worth it in the end. The SOA exam P practice exam is an important part of the prep course, which also includes practical course material and question-and-answer material that helps familiarize you with everything that the course is trying to teach you.
Hard to Pass Without the Course
The SOA exams can be difficult to pass without the prep course, in part because without the course, you’ll have no idea what to expect when you enter the exam room on exam day. The SOA exam P practice exam will usually involve a few important areas, which include conditional distributions, normal approximation, and a few others. The practice exam consists of multiple choice questions, so it’s a familiar format that should help you feel more comfortable with the exam.
