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Exam FAM Study Guide with Instructional Videos
2nd Edition
Author: Broverman/Li & Ng
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Master the Fundamentals to Boost Your Chances of Passing Exam FAM!

We’ve made it easy for you to prepare and pass with a variety of materials, including:

  • Study manual - read, learn, and gain a strong conceptual understanding of the material
  • GOAL - Practice, quiz, and test with thousands of problems and solutions
  • Instructional Videos - gain deep understanding and visuals to bring extra to your learning
  • Digital Flashcards - master key topics and formulas and be that much more prepared
  • Formula sheets - Recall important formulas and information in an easy to use format

The Exam FAM-L study manual will allow you to:

  • Review 646 pages of comprehensive, exam-focused information with full syllabus coverage
  • Refine your understanding with 106 examples 
  • Practice until you're confident with 274 exercises 
  • Get exam-ready with 5 full-length exams

The Exam FAM-S study manual will allow you to:

  • Review 640 pages of comprehensive, exam-focused information with full syllabus coverage
  • Refine your understanding with 128 examples 
  • Practice until you're confident with 452 exercises 
  • Get exam-ready with 5 full-length exams

GOAL: Practice. Predict. Pass. 

Reach your target GOAL Score with our proven system.

GOAL offers:

  • 2,300+ SOA exam practice problems with detailed solutions (Includes FAM-S & FAM-L)
  • A variety of learning modes and difficulty levels
  • Customized quizzes: You set the topic, difficulty, number of questions, and a timer
  • Simulated exams: Choose from 5 comprehensive exams 
  • Measure your preparedness with GOAL Score

Instructional Videos

Retain more information with our helpful videos that cover the entire syllabus and further explain the most complex topics.

We've got you covered with: 

  • 70+ instructional FAM-L videos/over 8 hours of content
  • 50+ instructional FAM-S videos/over 9 hours of content
  • A variety of expert instructors, many of whom are current university professors 
  • Now with closed captions in both English and Spanish to make learning more accessible!

Digital Flashcards - Master key topics

ACTEX Exam FAM flashcards (Includes FAM-L and FAM-S) are designed to be fully customizable, so you can tailor your study experience to your specific strengths, weaknesses, and exam timeline.  

Key features include:

  • 200+ expertly written flashcards, aligned directly with Exam FAM syllabus topics
  • Topic-based sorting to focus on the material you need to work on most
  • Expert importance ratings that highlight concepts most relevant to exam questions
  • Learning objective filters to keep your studying aligned with the exam syllabus
  • Smart organization tools to filter cards by favorites, hidden, flagged, or skipped
  • Custom Quiz Mode with flexible options, including:
    • Adjustable quiz length and time limits
    • Practice using flagged, skipped, or previously incorrect cards
    • Targeted review to reinforce weak areas and improve retention

This level of customization helps you prioritize high-impact concepts and study more efficiently as exam day approaches.

Planner

Weighted by topic importance, our Planner clearly outlines how to study for Exam FAM

  • Simplify study sessions with Planner's ability to filter videos, flashcards, and GOAL for relevant content, based on where you're at in the manual 
  • Weighted sections highlight how long you should spend on each topic
  • Mark sections as Completed so you have a handy checklist of remaining study materials

Topic Search

Everything in the SOA Exam FAM study manual is fully indexed by keyword, making it easy to toggle between materials and concepts without losing your place. 

  • Seamlessly read, watch and practice across topics 
  • Connect to all your materials, identify problem areas, and get the help you need to pass

Formula and Review Sheet

This at-a-glance tool helps you memorize and recall key formulas and information. 

  • 9 pages for FAM-L and 7 pages for FAM-S
  • Covers important formulas needed to prepare you for the actuarial probability exam 
  • Easy-to-print reference guide you can study with, no matter where you are
 

About the Authors

Our expert professors have come together to bring you a comprehensive, full coverage FAM study guide. These manuals are available together (FAM) or separately if you want to purchase FAM-S or FAM-L. Throughout the manual are countless exercises and practice problems to help you apply the material, all with detailed solutions. Once you’re finished studying, test your knowledge with many full practice length exams, and go into your exam with confidence in the material!

Sam Broverman, PhD, ASA

Professor Broverman, PhD, ASA, brings 30+ years of university and exam prep teaching experience to bear to ensure that purchasers of this manual gain a thorough understanding of all the topics covered on the exam syllabus. He has been a Professor of Actuarial Mathematics since 1978, first at The University of Texas at Austin until 1980 and since then at the University of Toronto. Professor Broverman is an ACTEX author who has written numerous textbooks and study guides widely used by students preparing for actuarial exams.

Andrew Ng, PhD, FSA

Professor Ng is an Associate Professor of Practice in Actuarial Science at the Chinese University of Hong Kong. Prof. Ng has more than 15 years of experience in actuarial science and financial mathematics education. He teaches a broad range of actuarial science and finance courses, including life contingencies, derivative securities, risk management, and predictive analytics. In 2012, he was awarded the Vice-Chancellor’s Exemplary Teaching Award from the Chinese University of Hong Kong. Prof. Ng received his Ph.D. from the University of Iowa.

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