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The FM exam requires the ability to perform calculations and have a deeper understanding of interest theory and simple derivatives. You can find the syllabus online, 'exam fm syllabus'.

Two months is enough.

I thought FM was the easiest of the preliminary actuarial exams, easier than CFA L1 in terms of overall difficulty. I studied two or three weeks for it, but I had some exposure to the material already via MBA finance program.

Let me know how it goes.

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