Strategic Decision Making Exam

Welcome to the Strategic Decision Making Exam home page! Please review all of the information and links provided below.

Strategic Decision Making (SDM) is a five-hour written-answer exam that is offered in the spring and fall of each year. It is a requirement of the Corporate Finance and ERM (CFE) Track.

Learn more about changes coming to this track.

Recognized by the Canadian Institute of Actuaries.

Recommended order for FSA track requirements

Timing of Syllabus Publication


Syllabus and Study Materials

Rules and Regulations


Important Dates and Fees

  • Strategic Decision Making Exam
    Date: Thursday, October 31, 2019
    Time: 8:30-11:45 a.m. and 1:30-3:45 p.m.
    (Includes read–through time)
  • Registration Deadline: Monday, September 23, 2019 
    (Registration closes at midnight U.S. Central Time.)
  • Fees

Exam Day Information