Studying for Probability (P) Exam

To study for the Probability (P) Exam, start with the applicable syllabus and continue with the supplemental materials below.

An understanding of calculus (including series, differentiation, and integration) is assumed. Additionally, the candidate is expected to be familiar with the concepts introduced in “Risk and Insurance.”

Syllabus

* March 2025 Update: Changes have been made to the syllabus for the purpose of clarifying the learning objectives and learning outcomes for each of the three topics. Some statements have been revised to be more mathematically precise. There are no changes to the overall knowledge expected or to the supported readings.

Supplemental Study Materials