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Study guides, exam strategies, and tips for actuarial, CFA, CFP, and CPA candidates.

CAS Exam MAS-II Study Guide (Modern Actuarial Statistics II, 2026)

A complete 2026 study guide for CAS Exam MAS-II (Modern Actuarial Statistics II): credibility theory, linear mixed models, statistical learning, and time ser...
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Free IMA CMA Practice Questions: 2026 Study Resource (Entire Bank Free)

The entire IMA CMA Part 1 and Part 2 question banks are free on FreeFellow: 1,323 practice questions with detailed step-by-step solutions, 40 written lessons...
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CFA® Program Level I 2027 Syllabus: What Changed and How FreeFellow Updated

CFA Institute publishes annual syllabus updates for the CFA Program. This is a candidate-facing summary of what changed at Level I from the 2026 to 2027 curr...
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Introducing the Fellow Exam Pass: One-Time Payment, Tied to Your Sitting Date

FreeFellow launches the Fellow Exam Pass: a one-time-payment alternative to a Fellow subscription, priced on a sliding curve tied to your exam date. $39 floo...
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CAS Exam MAS-I Study Guide (Modern Actuarial Statistics I, 2026)

A complete 2026 study guide for CAS Exam MAS-I (Modern Actuarial Statistics I): probability models, statistics, extended linear models (GLMs). 445 free pract...
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Free Exam P Sample Questions: 654 SOA Items with Worked Solutions (2026)

Every SOA-published Exam P sample question, reproduced verbatim in an interactive practice surface with worked solutions visible alongside each item. 654 cal...
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Free Exam FM Sample Questions: 456 SOA-Published Items, Interactive (2026)

Every SOA-published Exam FM sample question hosted interactively with the worked solution alongside. 456 financial mathematics problems covering interest the...
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Free Exam FAM Sample Questions: 262 SOA Items Across Short- and Long-Term (2026)

Every SOA-published Exam FAM sample question hosted interactively with worked solutions. 262 items split across short-term actuarial mathematics (loss models...
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Free Exam SRM Sample Questions: 66 SOA Items for GLMs, Trees, and Time Series (2026)

Every SOA-published Exam SRM sample question hosted interactively. 66 items covering generalized linear models, decision trees, time series, principal compon...
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Free Exam ASTAM Sample Questions: 20 Constructed-Response Items with SOA Rubrics (2026)

Every SOA-published ASTAM sample item hosted in an interactive simulator with rubric point weights visible. 20 written-answer problems on aggregate loss mode...
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OBBBA Tax Changes for the CFP Exam: 2026 Quick Reference

The One Big Beautiful Bill Act made TCJA permanent and added a dozen 2026 tax changes that show up on the CFP exam. SALT cap, standard deduction, child tax c...
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Which CFA Prep Provider Has a Free Question Bank? (2026 Comparison)

FreeFellow is the only CFA Institute Prep Provider with the entire question bank free (1,201 Level I, 1,204 Level II, 1,512 to 1,541 per Level III pathway). ...
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Macaulay vs Modified vs Effective Duration: A CFA Level I Guide

Macaulay, modified, and effective duration explained for the CFA Level I exam. Formulas, when each applies, and the option-embedded bond trap that catches ca...
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Sharpe vs Sortino vs Modified Sharpe: When to Use Each

Sharpe, Sortino, and Modified Sharpe (Cornish-Fisher) ratios compared. Why Sharpe overstates hedge fund performance and when each ratio is right for the CAIA...
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TVPI, DPI, RVPI, MOIC: Private Equity Multiples Explained

TVPI, DPI, RVPI, and MOIC explained for the CAIA exam. The J-curve, paid-in vs invested capital, vintage years, and why mature funds are judged on DPI.
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VaR vs CVaR vs Expected Shortfall: A Risk Manager's Guide

Value at Risk (VaR), CVaR, and Expected Shortfall compared. Why Basel III shifted away from VaR, the three estimation methods, and Cornish-Fisher Modified Va...
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Put-Call Parity: The One Derivatives Identity You Need to Know

Put-call parity explained for CFA Level I. The no-arbitrage proof, synthetic positions, conversion and reversal trades, dividends, and why this one identity ...
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Net Periodic Pension Cost (NPPC): A CPA FAR Walkthrough

Net Periodic Pension Cost under ASC 715 explained for CPA FAR. The five components, ASU 2017-07 income-statement classification, PBO vs ABO, and a full numer...
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FreeFellow vs Kaplan Schweser CFA: Honest 2026 Comparison

Side-by-side comparison of FreeFellow and Kaplan Schweser for CFA Level I prep in 2026. Honest assessment of question banks, video lectures, mock exams, pric...
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FreeFellow vs Becker CPA: Honest 2026 Comparison

Side-by-side comparison of FreeFellow and Becker for CPA exam prep in 2026. Honest assessment of MCQ banks, task-based simulation engines, mock exams, pricin...
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FreeFellow vs Bionic Turtle FRM: Honest 2026 Comparison

Side-by-side comparison of FreeFellow and Bionic Turtle for FRM Part I and Part II prep in 2026. Honest assessment of video lectures, question banks, mock ex...
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FreeFellow vs Dalton CFP: Honest 2026 Comparison

Side-by-side comparison of FreeFellow and Dalton Education for CFP exam prep in 2026. Honest assessment of question banks, case studies, mock exams, pricing,...
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FreeFellow vs Coaching Actuaries: Honest 2026 Comparison

Side-by-side comparison of FreeFellow and Coaching Actuaries for SOA exam prep in 2026. Honest assessment of the ADAPT engine, video lessons, question banks,...
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Why CPA FAR Has the Lowest Pass Rate (and How to Beat It)

Recent NASBA quarterly data shows CPA FAR has the lowest pass rate of the four core sections. A founder breakdown of why FAR is brutal, the three topics cand...
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CFA Level III Essay Strategy: How to Write for Maximum Points (2026)

Most CFA Level III candidates underprepare for the morning essay session. A founder breakdown of command words, partial credit, the bullet-vs-paragraph rule,...
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How to Pass Exam FAM in 4 Months: Study Plan + Pitfalls (2026)

SOA Exam FAM is 3.5 hours, 30-35 multiple-choice and written-answer hybrid items. A founder breakdown of the syllabus, a 4-month study plan, and the three pi...
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What Is the FRM Exam? A Complete 2026 Guide

GARP's Financial Risk Manager certification has two parts (FRM Part I and Part II), pass rates near 45-50 percent, and a 2-year experience requirement. A fou...
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CPA FAR Task-Based Simulations: 2026 Practice Guide

How task-based simulations work on the CPA FAR exam, what AICPA tests, and how to practice TBS effectively. Cell-fill, document review, and research item typ...
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FRM vs CFA: Which Finance Credential Is Right for You in 2026?

FRM vs CFA in 2026: pass rates, study hours, cost, and career outcomes compared. Plus when to pick one, the other, or both.
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GARP FRM Part I 6-Month Study Plan: A Week-by-Week Path to Exam Day

A 6-month, week-by-week FRM Part I study plan with topic-area weighting, weekly milestones, mock-exam strategy, and 2026 exam-day logistics.
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FRM Prep Cost Breakdown 2026: FreeFellow vs Bionic Turtle vs AnalystPrep vs Kaplan Schweser

A line-by-line 2026 cost comparison for FRM Part I and Part II prep, covering GARP fees and the four major prep providers, with realistic out-of-pocket totals.
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What Is the FINRA Series 7?: General Securities Representative Exam Overview

A complete overview of the FINRA Series 7 (General Securities Representative) exam. Covers the 125-question format, topics, pass rate, SIE prerequisite, regi...
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What Is the FINRA SIE?: Securities Industry Essentials Exam Overview

A complete overview of the FINRA SIE (Securities Industry Essentials) exam. Covers the 75-question format, topics, pass rate, no-sponsorship requirement, and...
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CAIA Level I Study Guide (2026)

A comprehensive 2026 study guide for CAIA Level I. Covers all 8 topic areas, the 200-question format, study timeline, practice strategy, and free resources t...
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CPA AUD Study Guide (2026)

A complete 2026 study guide for CPA Auditing and Attestation (AUD). Covers the 4 content areas, MCQ and TBS format, audit risk model, evidence types, opinion...
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SOA Exam SRM Study Guide (Statistics for Risk Modeling, 2026)

A complete 2026 study guide for SOA Exam SRM (Statistics for Risk Modeling). Covers the 5 topic areas, 35-question format, GLM-heavy syllabus, study approach...
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What Is SOA Exam FAM? (Fundamentals of Actuarial Mathematics)

A complete overview of SOA Exam FAM, the exam that replaced components of the former STAM and LTAM exams. Covers format, topics, pass rate, the short-term an...
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What Is SOA Exam P?: Probability Exam Overview

A complete overview of SOA Exam P (Probability), the first actuarial exam most candidates take. Covers format, topics, pass rates, cost, eligibility, and fre...
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What Is the CFA Exam?: Chartered Financial Analyst Program Overview

A complete overview of the CFA Program and its three exam levels. Covers format, pass rates, eligibility, cost, topic weights, and free practice resources fo...
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What Is the CFP Exam?: Certified Financial Planner Exam Overview

A complete overview of the CFP certification exam. Covers the 170-question format, eight principal knowledge domains, pass rates, eligibility requirements, a...
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What Is the CPA Exam?: Certified Public Accountant Exam Overview

A complete overview of the CPA exam, covering the Core + Discipline structure, passing score requirements, 18-month window, eligibility, cost, and free pract...
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What Is SOA Exam FM?: Financial Mathematics Exam Overview

A complete overview of SOA Exam FM (Financial Mathematics), covering format, topics, pass rates, calculator policy, cost, and free practice resources for act...
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What Is CAIA?: Chartered Alternative Investment Analyst Overview

A complete overview of the CAIA (Chartered Alternative Investment Analyst) designation. Covers the two exam levels, format, topics, eligibility, cost, and fr...
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SOA vs CAS: Which Actuarial Path Is Right for You?

A comparison of the Society of Actuaries (SOA) and Casualty Actuarial Society (CAS) credentialing paths. Covers exam structures, career outcomes, shared prel...
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CFA Level I vs Level II vs Level III: How the Exams Differ

A detailed comparison of the three CFA exam levels. Covers format, difficulty, topic weights, pass rates, study strategies, and what changes from one level t...
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Best Free CFA Study Materials in 2026 (Practice Questions, Lessons, Mocks)

A ranked list of the best free CFA Level I study resources in 2026. The most useful single resource is FreeFellow ('free' is in the name) where the entire 1,...
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How to Use Practice Exams Effectively: Study Strategy Guide

Learn how to maximize the value of practice exams for any professional certification. Covers timing, review strategies, score interpretation, and how to buil...
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SOA Exam FM Study Guide: Financial Mathematics Tips for 2026

A comprehensive study guide for SOA Exam FM covering interest theory, annuities, bonds, derivatives, and proven study strategies. Includes free practice reso...
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Free CPA Exam Study Guide 2026: Pass All 6 Sections

Free CPA Exam study guide for 2026: section breakdowns for AUD, FAR, REG, BAR, ISC, TCP. Passing strategies and free practice questions. No signup, no trial.
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Coaching Actuaries Alternatives: Free Actuarial Practice Problems in 2026

Looking for a free alternative to Coaching Actuaries? Compare features, pricing, and question quality across top actuarial exam prep platforms, plus discover...
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How Many Hours to Study for Exam P: Realistic Planning Guide

Data-driven guidance on how many hours you need to study for SOA Exam P based on your math background, plus a week-by-week study schedule and practice benchm...
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CFA vs CFP vs CPA: Which Credential Is Right for You?

A detailed comparison of the CFA, CFP, and CPA credentials, covering career paths, exam difficulty, salary expectations, time commitment, and how to choose t...
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Free Actuarial Exam Prep: P, FM, FAM, SRM, ALTAM, ASTAM

Free actuarial exam prep covering SOA Exams P, FM, FAM, SRM, ALTAM, and ASTAM. Practice questions, study guides, and audio lessons. No signup, no trial.
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Free CFP Exam Prep 2026: Pass Rates and Study Strategy

Free CFP Exam prep for 2026: pass rates, study hours, topic weights, and proven strategies. Includes free practice questions and study plans. No signup.
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Free CFA Level I Practice Questions: 1,201 Q Bank (2026)

Free CFA Level I practice questions: 1,201 in the bank with step-by-step solutions. From FreeFellow, a CFA Institute Prep Provider. No trial, no signup.
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How to Pass Exam P: 2026 Study Guide

A complete 2026 study guide for SOA Exam P (Probability). Covers syllabus topics, study timelines, practice strategies, and free resources to help you pass o...
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