If you are looking into Actuarial Exam P courses to help you prepare for the test, Varsity Tutors offers some of the most comprehensive Actuarial Exam P prep classes available. The Actuarial Exam P is one of the exams prospective actuaries need to take to earn professional certification. It places a strong emphasis on actuarial science and leveraging probability tools to assess risk. If these concepts sound foreign to you, an Actuarial Exam P class with a one-on-one instructor may help you improve your study skills.
One of the first topics covered in most Actuarial Exam P classes is the content on the test. The table below reveals the topics you can expect to see on test day:
| Title | Test Percentage | Description |
| 1. Topic: General Probability | Basic probability concepts | (10-17%) |
| 2. Topic: Univariate Random Variables | Univariate random variables (including binomial, negative binomial, geometric, hypergeometric, Poisson, uniform, exponential, gamma, normal, and mixed) and their applications |
(40-47%) |
| 3. Topic: Multivariate Random Variables | Multivariate random variables (including the bivariate normal) and their applications. |
(40-47%) |
As you can see, most of the exam boils down to univariate and multivariate random variables and their actuarial applications. If your calculus skills are a bit rusty, you might review them during your private Actuarial Exam P course so that you are better prepared for the topics on the test. Private instruction during an Actuarial Exam P class also allows you to spend as much time on each topic as you need to. For instance, a student confident with univariate random variables may concentrate on multivariate random variables during Actuarial Exam P prep courses to improve their study efficiency. Likewise, you don't need to waste any time reviewing basic probability if you are confident in that area.
Similarly, your private instructor may be able to customize each Actuarial Exam P course to your unique needs. If you are a visual learner, you may work with charts, graphs, and other aids to help you visualize the concepts being discussed. If you're more hands-on, your instructor may incorporate real-world examples to help illustrate otherwise abstract ideas.
You might also consider taking practice exams during your Actuarial Exam P prep course to develop a greater familiarity with the exam's structure. The test consists of multiple-choice questions administered via a CBT (Computer-Based Testing) format at Prometric Testing Centers, something many students have never dealt with before. If you're feeling a little anxious about the unknown, the following guidelines can help you understand what to prepare for:
Rules To Be Aware Of
- Acknowledgement Letter
- Exam Room Opens
- Personal Belongings
- Electronics
- Smoking
- Food and Drink
- Absence
- Candidate Number
- Calculators
- Scratch Paper
- General Information
- Table
- Formula Documents
- Distribution Tables
- Meaning of Questions
- Sign Your Sheets
- Disciplinary Action
We understand how valuable your time is, so we design all of our test prep services to be as convenient for you as possible. You can meet with your instructor via our proprietary Live Learning Platform, giving you the benefits of face-to-face learning without the corresponding hassle of trying to arrange a physical meeting. We also do our best to match you with an instructor whose availability matches your own, so you don't need to rearrange your entire schedule just to study. We believe that test prep should fit into your life instead of the other way around.
If you would like to learn more about our Actuarial Exam P prep class or are ready to enroll, please give Varsity Tutors a call today. Expert Educational Directors are standing by to answer any questions you may have. We look forward to hearing from you!