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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:
How the final exam works. The Transport Canada final exam is an open-book exam. There will be 50 multiple choice questions. You will have 75 minutes to complete the final exam. If you do not achieve the passing grade for the final exam, retakes are free.