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Exam FM: Financial Mathematics. 1  Welcome to the Exam FM home page! 2  Exam FM is a threeâhour multipleâchoice examination and is offered via computer-based testing (CBT). 3  Announcement: The June 2017 FM final syllabus, reflecting the previously announced changes, is now available and posted below.  Computer Based Testing is a Two Step Process:
The Series 66 test is 100 questions that count towards the candidate's score and 10 experimental questions. The time limit for the exam is 150 minutes. To pass the exam, a candidate must correctly answer 75 (75%) of the questions.ote that candidates can take the 66 or 7 in any order, but both must be completed in order to register. The Bottom Line Passing the Series 63 exam for registration within a state is a requirement for all registered representatives. Those who wish to be IARs must pass the Series 66 and the Series 7.