What Exam Master does

Exam Master Corporation is a privately held, founder-owned online board examination preparation company founded in 1994 and headquartered in Newark, Delaware. The company operates a web-based exam preparation platform — branded as Exam Master Online (EMO) and Exam Master Advantage — that delivers question banks, customizable practice exams, and detailed scoring feedback to healthcare professionals preparing for high-stakes licensure and certification exams. Its content is organized to mirror actual board test blueprints and covers more than a dozen exam programs across Physician Assistants (PANCE/PANRE), Pharmacy (NAPLEX, FPGEE, MPJE in 22 states plus Federal and UMPJE), Medicine (USMLE Steps 1-3, ABIM, ABFM, ABP, ABUCM), and Nursing (NCLEX-RN, ANCC FNP), with 11,000+ questions in the basic medical science subject review alone.

The company monetizes through three primary streams: individual subscriptions ranging from one-month to twelve-month access (priced from $116/month to $369 for a six-month Pediatrics tier), one-time practice exam purchases ($39.99-$79.99), and institutional site licenses for medical schools, teaching hospitals, and libraries sold through a separate exammaster.org channel. A continuing medical education product developed in partnership with Emory University School of Medicine PA Program adds an accredited CME revenue stream. Distribution combines a product-led growth motion (self-serve website, SEO, content marketing) with a dedicated institutional field-sales motion; no public API, mobile app, or AI/ML capabilities are documented.

Exam Master has accumulated 35,513 health professional users and 705,702 user-generated exams over its 22+ year operating history. The firm is small (11-50 employees), self-funded with no disclosed funding rounds, M&A activity, or external investors, and operates exclusively within the United States except for the FPGEE offering that serves foreign pharmacy graduates.

Name

Exam Master

Legal name

Exam Master Corporation

Website

https://exammaster.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Exam Master is a privately held, Newark, Delaware-based provider of online board exam preparation question banks and practice exams for healthcare professionals, covering PANCE, NAPLEX, USMLE, MPJE, NCLEX, and other licensure and certification exams via subscription and institutional sales.

Ownership category

akta.pro rank

Product category

Healthcare Board Exam Preparation

NAICS

Exam Preparation and Tutoring (611691)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Online Exam Delivery & Test Administration Platforms (EDAFADAA)

akta.pro secondary industries

Test Item Banks, Question Authoring & Assessment Design Tools (EDAFADAC), Certification & Licensing Exam Management Platforms (EDAFADAG)

Keywords

• Medical board exam prep
• Healthcare certification review
• Online question banks
• Pharmacy licensure prep
• Physician assistant exams

Headquarters

HQ city

Newark

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Individual Subscriptions: Monthly, quarterly, and annual subscription plans for individual students accessing question banks and practice exams. Subscription lengths range from 1 month to 12 months depending on the exam preparation program.
2. Practice Exams: One-time purchase standalone practice exams that simulate actual board exams with timed blocks, detailed scoring feedback, and 60-day access.
3. Institutional Subscriptions: Site licenses and institutional subscriptions for medical schools, teaching hospitals, libraries, and programs through exammaster.org.
4. CME Credits Platform: Accredited continuing medical education programs (e.g., Emory University PA Program CME) that generate revenue through course fees, with separate tracks for practicing PAs and NPs.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Exam Master operates an online board examination preparation platform (Exam Master Online / Exam Master Advantage) that delivers question banks, customizable practice exams, and detailed scoring feedback for healthcare professionals preparing for board and licensure exams including USMLE, PANCE/PANRE, NAPLEX, MPJE (federal and 22 state-specific), FPGEE, NCLEX-RN, ABFM, ABP, ABIM, ANCC FNP, ABUCM, and Continuing Medical Education programs.

Product overview

Exam Master is a comprehensive board examination preparation platform offering question banks and practice exams across multiple healthcare professions. The core offerings include two platform variants: Exam Master Online (EMO) and Exam Master Advantage. The product portfolio encompasses exam preparation for Physician Assistants (PANCE/PANRE), Pharmacy (NAPLEX, MPJE in 22 states plus Federal and UMPJE, FPGEE), Medicine (USMLE Steps 1-3), Family Medicine (ABFM), Pediatrics (ABP), Internal Medicine (ABIM), Family Nurse Practitioners (ANCC FNP), Urgent Care Medicine (ABUCM), and Nursing (NCLEX-RN). Additionally, Exam Master provides pre-professional preparation programs for PA and Pharmacy school applicants, plus the Emory Board Review CME for continuing medical education. The platform emphasizes detailed scoring feedback, customizable exams, and content organized to mirror actual board test plans.

Differentiator

Problem solved

Functional benefit

Brands

• Exam Master Advantage: Individual subscription platform for board exam preparation.
• Exam Master Online (EMO)

Products and services

• Exam Master Online (EMO) Core online examination preparation platform offering customizable question banks, practice exams, detailed scoring feedback, and study modes for students and institutions preparing for healthcare board exams.
• Exam Master Advantage Subscription-based examination preparation platform offering question banks, practice exams, customizable tests, and detailed score reports with topic-by-topic breakdown for individual health professionals.
• PANCE Certification Review Physician Assistant National Certifying Examination preparation resource with 1,200+ questions, detailed explanations, customizable exams, and scoring feedback aligned to the NCCPA PANCE blueprint.
• PANRE Certification Review Physician Assistant National Recertifying Exam preparation with 1,000+ questions covering 13 body systems and Level 1, 2, and 3 question types per the NCCPA PANRE blueprint.
• NAPLEX Certification Review North American Pharmacist Licensure Examination preparation with 1,100+ questions across multiple question types matching the actual NABP NAPLEX blueprint.
• MPJE Federal Law Review Multistate Pharmacy Jurisprudence Examination federal law preparation including a 131-page Federal MPJE Pharmacy Law Compendium and a 120-question high-yield practice exam.
• UMPJE Practice Exam Uniform Multistate Pharmacy Jurisprudence Examination practice exam with 100 exam-style questions focused on federal pharmacy law and uniform legal principles for multistate licensure portability.
• MPJE State-Specific Exams State-specific MPJE practice exams for 22 states, each including a 120-question practice exam and state law review guide for pharmacists seeking licensure in a specific jurisdiction.
• CPJE California Practice Exam California Pharmacy Jurisprudence Examination practice exam with 90 questions, references and citations, MPJE Competency Review, and commonly prescribed medications review.
• USMLE Step 1 Review USMLE Step 1 preparation with over 1,800 questions organized by Step 1 test plan and basic medical science subjects, including a 322-question practice exam in 7 blocks.
• USMLE Step 2 CK Review USMLE Step 2 Clinical Knowledge preparation with 2,100+ questions organized by Step 2 test plan and 9 clinical science subjects, including a 352-question practice exam.
• USMLE Step 3 Review USMLE Step 3 preparation with 2,400+ questions organized by Step 3 test plan and 9 clinical science subjects, focused on Foundations of Independent Practice and Advanced Clinical Medicine.
• FPGEE Review Foreign Pharmacy Graduate Equivalency Exam preparation with 200 high-quality pre-built exam questions and a 650-item customizable question bank across Pharmaceutical, Biomedical, Clinical, Social/Behavioral Sciences, and Administration.
• Family Medicine (ABFM) Review American Board of Family Medicine certification exam preparation with 1,800+ questions across 8 special modules including Ambulatory Family Medicine, Child and Adolescent Care, Geriatrics, Women's Health, Maternity Care, and more.
• Pediatrics (ABP) Review American Board of Pediatrics General Pediatrics Certifying Examination preparation with 950+ questions across 25 major content areas including Preventive Pediatrics, Fetal and Neonatal Care, and Adolescent Care.
• Internal Medicine (ABIM) Review American Board of Internal Medicine certification exam preparation covering 25 content domains including Cardiovascular Disease, Endocrinology, Gastroenterology, Infectious Disease, Pulmonary Disease, and Rheumatology.
• ANCC FNP Certification Review American Nurses Credentialing Center Family Nurse Practitioner certification preparation with 850+ questions emphasizing Clinical Management, Assessment of Acute and Chronic Illness, and Health Promotion, plus a 175-question practice exam.
• Urgent Care Medicine (ABUCM) Review American Board of Urgent Care Medicine certification examination preparation with 1,100 questions across 23 distinct topics including Surgery, Pediatric Medicine, Occupational Medicine, Pain Management, and Preventive Medicine.
• NCLEX-RN Review NCLEX-RN nursing licensure examination preparation featuring multiple response and select-all-that-apply questions, a 265-question simulated board exam, and Next Generation NCLEX item types for clinical judgment assessment.
• Medical Subject Review Basic biomedical subjects review covering 10 medical science subjects with 11,000+ questions across Anatomy, Biochemistry, Cytology and Histology, Embryology, Immunology, Microbiology, Pathology, Pharmacology, Physiology, and Neuroanatomy.
• PA School Preparation Program Physician Assistant school pre-matriculation preparation covering Anatomy, Physiology, Microbiology, Critical Thinking, and Study Skills, with 5 subjects, 19 hours of video instruction, 500+ practice questions, capstone exam, and 6-month access.
• Pharmacy School Preparation Program Pharmacy school pre-matriculation preparation covering Anatomy, Physiology, Microbiology, Biochemistry, Critical Thinking, and Study Skills, with 10 subjects, 43 hours of video instruction, 800+ practice questions, and 6-month access.
• Emory Board Review CME Continuing medical education program developed with Emory University School of Medicine PA Program for Physician Assistants and Nurse Practitioners, including 55 hours of video instruction, 500+ quiz questions, PANCE/PANRE practice exam, CME Self-Assessment, and AAPA/CE credits.

Quantifiable outcome

• If you can do Exam Master, you can do the boards!
• +2 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

One partnership is on record.

• Emory University School of Medicine PA ProgramcoreStrategic or Co-development PartnerDeveloped comprehensive continuing medical education (CME) program for Physician Assistants and Nurse Practitioners. Includes 55 hours of video instruction, 500+ quiz questions, PANCE/PANRE practice exam, and CME self-assessment. Program offers AAPA credits for practicing PAs and CE credits for Nurse Practitioners.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• UWorld: UWorld is the dominant U.S. health-professions board-prep platform offering question banks for USMLE, NCLEX, PANCE/PANRE, NAPLEX, and medical specialty boards with the same Test/Study/Review functionality. It is the primary competitor Exam Master benchmarks against across nearly every exam SKU in its catalog.
• Board Vitals: Board Vitals (acquired by BoardPrep, part of UWorld ecosystem) sells question banks and practice exams for the same board certifications Exam Master serves (USMLE, NAPLEX, PANCE, nursing specialties), with a similar library-and-scoring model targeting both individuals and institutions.
• TrueLearn: TrueLearn offers question banks and smart-feedback practice exams for USMLE, COMLEX, PANCE, PANRE, NCLEX, FNP, and medical specialty boards, sold to both individual learners and residency programs — directly overlapping Exam Master's SKU coverage and PLG/institutional motion.
• AMBOSS: AMBOSS combines a knowledge library with Q-bank and study mode for USMLE, COMLEX, NBME shelf exams, and PA/NP boards, serving individual medical students and institutions. It directly competes with Exam Master for USMLE/PANCE wallet share with a more integrated knowledge platform.
• RxPrep: RxPrep (now within Elsevier's ClinicalKey suite) is the leading NAPLEX/MPJE review course with live and on-demand formats, directly competing with Exam Master's pharmacy board prep products including the flagship NAPLEX subscription.
• Rosh Review: Rosh Review sells question banks with detailed rationales for USMLE, PANCE, ABEM, ABIM, ABFM and other specialty boards, leveraging predictive scoring. It overlaps significantly with Exam Master's offerings in physician-assistant and medical-specialty exam preparation.

Broad incumbents

• Kaplan Medical: Kaplan (part of Graham Holdings) is a long-standing broad incumbent offering live courses, video, and Q-banks for USMLE, MCAT, NCLEX, and other healthcare boards — overlapping Exam Master in Q-bank and live-online prep across the same certifications.

Emerging players

• Lecturio: Lecturio (parent of Firecracker) provides video-based board prep for USMLE, COMLEX, NCLEX and medical school content, complementing its Q-bank and adaptive tools — competing with Exam Master on USMLE and pre-clinical review while emphasizing video learning.
• Osmosis: Osmosis (acquired by Elsevier) offers high-yield video and Q-bank content for USMLE, nursing, and allied-health boards, integrated with institutional/institutional access. It competes with Exam Master for medical and nursing board-prep wallet share, particularly via institutional sales.
• Picmonic: Picmonic provides visual mnemonic study aids and select-all question banks for nursing, medical, PA and pharmacy students, an adjacent learning modality overlapping Exam Master's NCLEX, PANCE, and NAPLEX audiences rather than directly substituting for full Q-banks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/ExamMasterCorp
• Facebookfacebook.com/exammastercorporation

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Exam Master