This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.

In this episode you will learn:

- The FE exam is strictly pass/fail; you will not receive a numerical score.

- The passing standard is set by subject matter experts using the Modified Angoff method, not a fixed percentage.

- A failing result includes a diagnostic report showing your performance by subject area compared to passing candidates.

- NCEES policy allows one attempt per testing window and a maximum of three attempts in a 12-month period.

- The most effective retake strategy involves using your diagnostic report to focus study efforts on your weakest areas.

For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep