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Award-Winning Exam FM - Financial Mathematics Tutors

Kevin

Certified Tutor

7+ years

Kevin

Bachelor of Science
Kevin's other Tutor Subjects
AP Statistics
AP Calculus BC
AP Calculus AB
Statistics Graduate Level

I am interested in working for Varsity Tutors because I enjoy helping others learn new concepts and progress in whatever they are struggling with. I have significant experience tutoring with a variety of age levels and would be delighted to have an opportunity to work with students through this oppo...

Education

Stanford University

Bachelor of Science

Test Scores
SAT
1560
ACT
35
Noah

Certified Tutor

9+ years

Noah

Current Undergrad Student, Actuarial Science
Noah's other Tutor Subjects
AP Statistics
AP Calculus BC
AP Calculus AB
Pre-Algebra

I am Noah and I'm an actuarial science major at Illinois State University. I'm pretty good at math and science. I also have experience teaching English abroad.

Education

Illinois State University

Current Undergrad Student, Actuarial Science

Test Scores
ACT
33
Josh

Certified Tutor

6+ years

Josh

Bachelor in Business Administration, Actuarial Science
Josh's other Tutor Subjects
Pre-Algebra
Calculus
Algebra
ACT Math
Education

University of Wisconsin Madison

Bachelor in Business Administration, Actuarial Science

Test Scores
ACT
34
Tino

Certified Tutor

Tino

Bachelors, Honors Philosophy (Intensive Option)
Tino's other Tutor Subjects
Algebra
Algebra 2
College Algebra
College English

I recently graduated from the University of Pittsburgh with a BA in philosophy, with special honors from the department. Within philosophy, my interests are in logic, the philosophy of math, the philosophy of language, and ethics - each broadly construed. Outside of philosophy, I have interests in w...

Education

University of Pittsburgh-Pittsburgh Campus

Bachelors, Honors Philosophy (Intensive Option)

Christabel

Certified Tutor

Christabel

Bachelor in Arts, English, Writing
Christabel's other Tutor Subjects
Adult ESL/ELL
College English
College Essays
Comparative Literature

I graduated with honors from Wheaton College (IL) with a B.A. in English, Writing and a Certificate in Early Church History. While studying, I worked as a Writing Consultant where I empowered undergraduate and graduate students to write clearly and persuasively and to read their own work with a crit...

Education

Wheaton College (Illinois)

Bachelor in Arts, English, Writing

George

Certified Tutor

4+ years

George

Bachelors, Architecture
George's other Tutor Subjects
Algebra
Geometry
Math
Pre-Algebra

I have had previous tutoring experience in elementary and high school math, design and English classes. I have worked with various students on their comprehension skills, along with their abilities at problem solving.I graduated in 2012 from Pennsylvania State University with a major in Architecture...

Education

Pennsylvania State University-Main Campus

Bachelors, Architecture

Dylan

Certified Tutor

10+ years

Dylan

Current Undergrad, Mechanical Engineering
Dylan's other Tutor Subjects
Algebra
Algebra 2
AP Physics 1
Geometry

Do you ever go into class thinking, "Okay, I am 100% focused and I will completely understand everything my teacher says", and leave thinking "What just happened?!?"... It's not uncommon. Often times you might just be one concept behind and are always trying to play mental catch-up during lecture. O...

Education

University of North Florida

Current Undergrad, Mechanical Engineering

Stephen

Certified Tutor

9+ years

Stephen

Master of Arts, Masters of Biomedical Sciences
Stephen's other Tutor Subjects
ACT Prep
ACT English
ACT Math
ACT Reading

In the fall of 2007, I fulfilled a dream by attending the University of Notre Dame. There I majored in Classics and Pre-Professional Studies. Following my college career, I obtained a Masters degree in Biomedical Sciences from Midwestern University in Downers Grove.I have always been fascinated with...

Education

Midwestern University

Master of Arts, Masters of Biomedical Sciences

University of Notre Dame

Bachelor in Arts, PreProfessional Studies/Classics

Test Scores
ACT
32
Tamara

Certified Tutor

5+ years

Tamara

Bachelor in Arts, Economics
Tamara's other Tutor Subjects
Algebra
AP Microeconomics
Business
Business Calculus

I am a graduate of Barnard College, Columbia University where I received my Bachelor of Arts in Mathematics and Economics. My academic interests while at Barnard were focused on microeconomics and statistical research. I am a believer that a strong education can propel you to achieve your goals. I t...

Education

Barnard College

Bachelor in Arts, Economics

Evan

Certified Tutor

9+ years

Evan

Bachelor in Arts, English
Evan's other Tutor Subjects
ACT English
ACT Math
ACT Science
ACT Writing

A recent graduate of the University of Wisconsin in English and Philosophy and currently pursuing an MAT at the University of Louisville. Inspired by a lifelong love of knowledge and learning, I endeavor to utilize my educational background to assist students and help them find their educational pas...

Education

University of Wisconsin-Madison

Bachelor in Arts, English

University of Louisville

Current Grad Student, High School Teaching

Test Scores
ACT
31
LSAT
172

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Frequently Asked Questions

Students typically struggle most with interest rate calculations and yield curve analysis, where small computational errors compound across complex formulas. Bond pricing and duration concepts also challenge many test-takers because they require both procedural fluency with present value calculations and conceptual understanding of how interest rates affect bond values. Annuities—particularly those with non-standard payment frequencies or varying rates—trip up students who haven't internalized the underlying logic of discounting cash flows. A tutor can help you move beyond memorizing formulas to understanding why these relationships work, which makes solving unfamiliar problem variations much easier.

The key is developing a systematic approach: identify what you're solving for, map out the cash flows on a timeline, and then match them to the appropriate formula. Many students jump straight to calculations without this setup step, which leads to sign errors and wrong answers. A tutor can teach you to annotate problems methodically—labeling rates, time periods, and payment amounts—so the equation becomes obvious rather than something you guess at. Working through problems this way also builds pattern recognition, so you'll spot when a problem is testing annuity concepts versus loan amortization versus bond valuation.

Many students know their calculator has a TVM (time value of money) solver but don't leverage it strategically, wasting time on manual calculations for straightforward present/future value problems. The BA II Plus and HP 12C are most common for Exam FM, and tutors familiar with these calculators can show you shortcuts like using the NPV function for complex cash flow problems and setting your calculator to the correct payment mode (BGN vs END). Learning when to use calculator functions versus manual formulas—and practicing this decision-making under timed conditions—can save you 10-15 minutes on the actual exam.

This is a common gap where students can recite that PV = FV/(1+i)^n but freeze when a problem asks them to find the rate of return or compare two investment options. A tutor helps you see the underlying relationships—that present value and future value are inverses, that higher rates mean lower present values, that time and rate changes have predictable directional effects. By working through variations of the same problem (changing what you're solving for, adjusting time periods, etc.), you develop intuition for how the pieces fit together. This conceptual foundation is what separates students who pass Exam FM from those who barely scrape by.

Amortization schedules require you to track multiple moving parts simultaneously—the declining principal balance, the changing interest portion, and the constant payment amount—while understanding that the interest each period depends on the remaining balance from the previous period. Students often make errors like calculating interest on the original loan amount instead of the remaining balance, or misunderstanding why early payments are mostly interest. A tutor can walk you through building a schedule step-by-step, then show you how to use this understanding to answer questions about total interest paid, principal remaining after n payments, and how refinancing changes the picture.

Most candidates need 100-150 hours of study time total, and working with a tutor can help you use those hours more efficiently by targeting your specific weak spots rather than reviewing material you've already mastered. If you're starting from scratch with limited financial math background, you might benefit from 8-12 weeks of consistent tutoring sessions (2-3 per week) alongside independent practice. The timeline compresses if you already have strong calculus and algebra skills; it extends if you need to rebuild foundational concepts. A tutor can assess your starting point in an initial session and give you a realistic roadmap based on your background and target exam date.

Effective practice means solving problems untimed first to focus on understanding, then gradually adding time pressure as you build confidence—not just grinding through hundreds of problems without reflection. A tutor can help you identify which problem types expose real gaps in understanding versus careless mistakes, and teach you to annotate your work so you can review your reasoning later. They can also guide you on how many practice problems you need (quality over quantity) and help you recognize when you're ready to move from textbook problems to full-length practice exams. Many students waste time re-solving problems they've already mastered instead of focusing on the 10-15% of topics that are actually giving them trouble.

Confidence on Exam FM comes from having seen enough problem variations that nothing on test day feels completely foreign, and from trusting your problem-solving process even when a question looks unfamiliar at first glance. A tutor helps you build this by working through increasingly complex problems, simulating exam conditions during practice sessions, and teaching you strategies for when you get stuck (like reframing the problem, checking your setup on a timeline, or trying a different approach). They can also help you distinguish between productive struggle—which means you're learning—and genuine confusion that needs clarification, so you don't waste time spinning on problems during the exam.

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