Is "taking an exam" or "giving an exam" correct for a student?

For a student, the correct phrase is "taking an exam." This means that the student is participating in the exam by answering questions to demonstrate their knowledge134.

On the other hand, "giving an exam" is typically used by a teacher or examiner who administers the exam to students124. Therefore, if you are a student, you should say "I am taking an exam," not "I am giving an exam."