Preparing for actuarial exams is no small feat—anyone who’s been through it will tell you that the journey is intense, demanding, and requires a solid strategy supported by the right resources. If you’re diving into actuarial science exam prep, having a curated list of study materials can make the difference between passing on the first try and needing multiple attempts. Over the years, I’ve seen countless students struggle with finding resources that not only cover theory but also offer practical practice and clear explanations. So, let’s talk about 10 essential study resources that will help you approach your actuarial exams with confidence, structure, and clarity.
Starting with textbooks and study manuals is always a good idea. The Society of Actuaries (SOA) endorses several publishers known for their comprehensive content tailored to each exam. Among these, Actuarial Study Materials (ASM) stands out for its detailed manuals, which cover exams like P, FM, IFM, and SRM. What’s great about ASM is their GOAL platform, included with your manual purchase, which lets you practice exam-style problems with detailed solutions across different difficulty levels—core, advanced, and mastery. This adaptive approach allows you to gradually build confidence as you progress. Plus, ASM offers instructional videos and flashcards to reinforce learning, making it a well-rounded package[1][2].
If you want a more interactive and structured approach, Coaching Actuaries is another favorite among candidates. Their study guides are not just text-heavy manuals—they combine video lessons, quizzes, and practice exams to keep you engaged and actively learning. What sets them apart is their personalized study schedules, which adapt to your exam date, helping you stay on track without burning out. They also provide detailed feedback after quizzes and exams, so you know exactly where to improve. Having a coach’s insight in video lessons can make abstract concepts like financial mathematics or probability much easier to grasp[4].
For those who prefer a mix of self-study and community support, the Actuarial Outpost forums and other online discussion boards are invaluable. These platforms offer access to peer advice, study tips, and even shared notes and problem sets. For example, forums dedicated to Exam C or MLC provide insights into tricky topics, past exam trends, and motivational support. Learning from others’ questions or mistakes can save you time and frustration. It’s like having a study group available 24/7, and sometimes fellow candidates share creative mnemonics or shortcuts that can stick better than textbook definitions[3].
On the practical side, tackling lots of practice problems and mock exams is essential. The Actuarial Nexus platform specializes in this, focusing on exams P, FM, and SRM with a vast bank of problem sets and timed mocks. This helps mimic the exam environment and builds the stamina you’ll need on test day. The platform’s analytics and leaderboards add a competitive edge, motivating you to push your limits and identify weak spots. This kind of focused repetition is backed by research, showing that active recall and spaced practice significantly improve retention and exam performance[1].
Another great resource to consider is AnalystPrep, which offers affordable actuarial exam packages starting around $349. Their bundles include study notes and an extensive question bank designed to simulate actual exam questions. This kind of targeted practice combined with concise notes is perfect for candidates who want to maximize efficiency without sifting through overly dense textbooks. The platform also provides performance tracking, so you can visualize your progress and adjust your study plan accordingly[8].
If you’re looking for a more academic angle, many universities provide free or low-cost online resources and course notes. For example, the University of Texas at Dallas has publicly available lecture notes and problem sets for Exam P, which are well-regarded for clarity and depth. Likewise, Michigan State University’s actuarial program offers links to various web resources, including problem sets, video lectures, and discussion forums. These can supplement your primary study materials, especially when you encounter topics that need a fresh explanation or a different teaching style[3][7].
Let’s not forget about mobile apps—studying on the go is a game-changer. Platforms like The Infinite Actuary offer mobile-friendly prep courses for a broad range of exams, letting you review flashcards, watch short video lessons, or practice questions anytime, anywhere. This flexibility helps turn otherwise wasted moments (like commuting) into productive study time, which is crucial when you’re juggling work, school, or personal commitments[6].
Another often overlooked but powerful tool is official SOA resources. The SOA website itself provides exam syllabi, sample questions, and past exam papers that are gold standards for understanding exactly what examiners expect. These official materials give you the clearest idea of exam format, question types, and scoring. Plus, they are updated regularly to reflect any changes in syllabus or exam structure, which means you’re always studying the right content[1][3].
To keep your preparation organized, consider using study planners and flashcards, which many of the study manual providers include. For example, ASM and The Actuarial Bookstore offer formula sheets and flashcards that condense crucial formulas and concepts into bite-sized, memorable pieces. Personally, I found making my own flashcards helped lock in tricky formulas and definitions. Reviewing these daily—especially during the last few weeks before the exam—helps cement knowledge in your long-term memory.
Lastly, if you want some formal structure, pre-actuarial certificate programs or university courses aligned with actuarial exams can add discipline and expert guidance to your prep. Institutions like the University of Vermont offer courses mapped to the first two exams, P/1 and FM/2, taught by faculty with industry experience. These programs also cover Validation by Educational Experience (VEE) credits, which are required for full actuarial certification. Having a classroom environment, deadlines, and access to professors can make a huge difference for learners who thrive with direct support[5].
In practice, the key to success lies not just in gathering these resources but in how you use them. Start by choosing one or two comprehensive manuals like ASM or Coaching Actuaries, then supplement with interactive platforms like Actuarial Nexus or AnalystPrep for targeted practice. Join forums to stay connected and motivated. Use official SOA materials to benchmark your progress and adjust your study plan accordingly. And don’t underestimate the value of scheduling consistent study blocks, incorporating flashcards, and taking full-length timed exams regularly.
Remember, actuarial exams have notoriously low pass rates (for instance, some preliminary exams hover around 40-50%), so a strategic, disciplined approach is vital. But with these 10 essential resources in your toolkit, you’ll be better prepared to navigate the challenges, build your confidence, and ultimately pass your exams on the first try. The journey is tough, but well worth it. And when you get that “pass” notification, you’ll know every hour of hard work was worth it.