Exam FM · ~20%
Derivatives — Forwards, Futures and Swaps
Derivatives — Forwards, Futures and Swaps is ~20% of the SOA Exam FM — Financial Mathematics (Exam FM), administered by Society of Actuaries (SOA). It falls under the Finance & Accounting category.
Domain Details
| Detail | Information |
|---|---|
| Domain | Derivatives — Forwards, Futures and Swaps |
| Exam | SOA Exam FM — Financial Mathematics (Exam FM) |
| Domain Weight | ~20% |
| Governing Body | Society of Actuaries (SOA) |
| Available in App | Actuary Exam Prep: P FM FAM |
| Official Source | Society of Actuaries (SOA) official website ↗ |
Exam FM Derivatives — Forwards, Futures and Swaps: FAQ
How much of the Exam FM covers Derivatives — Forwards, Futures and Swaps?
Derivatives — Forwards, Futures and Swaps accounts for ~20% of the Exam FM, which has 30 questions total. Society of Actuaries (SOA) publishes the official exam content outline with the most current weighting. The C3RT app covers all 5 Exam FM content areas.
What is the Exam FM exam format and how does Derivatives — Forwards, Futures and Swaps fit in?
The Exam FM has 5 content areas across 30 questions in 3 hours, with a passing score of 60% (scaled). Derivatives — Forwards, Futures and Swaps is content area 4 of 5 and carries ~20% of the total exam weight. The other content areas are Interest Theory — Time Value of Money, Interest Theory — Annuities and Loans, Interest Theory — Bonds, Derivatives — Options and Investment Strategies.
How do I study for the Derivatives — Forwards, Futures and Swaps section of the Exam FM?
Targeted practice by content area is the most effective approach. The C3RT Actuary Exam Prep: P FM FAM app for iOS and Mac tags every practice question by content area, so you can isolate Derivatives — Forwards, Futures and Swaps questions, track your accuracy, and focus study time on your weak spots. Combine focused practice sets with full-length timed mock exams as your test date approaches.
How many questions are on the Exam FM and what is the passing score?
The Exam FM consists of 30 questions in 3 hours, with a passing score of 60% (scaled). It is administered by Society of Actuaries (SOA) and the exam fee is $250. The C3RT app includes full-length practice exams that mirror the real format across all 5 content areas.
Where can I find official Society of Actuaries (SOA) resources for Derivatives — Forwards, Futures and Swaps?
The official source for Exam FM content outlines and study resources is the Society of Actuaries (SOA) website. The exam blueprint, which details all content areas including Derivatives — Forwards, Futures and Swaps, is published there. C3RT is not affiliated with Society of Actuaries (SOA). It is a third-party practice platform that supplements official materials with 30+ practice questions, flashcards, and study tools across all 5 content areas.
Derivatives — Forwards, Futures and Swaps is a content area on the SOA Exam FM — Financial Mathematics (Exam FM), a Finance & Accounting exam administered by Society of Actuaries (SOA). C3RT is not affiliated with Society of Actuaries (SOA). Certification names and trademarks are the property of their respective organisations. Official exam information is available at the Society of Actuaries (SOA) website.