Board exam takers are fond of struggling with mental health problems since preparing for examinations can be stressful and creates anxiety. The researchers found that perceived stress and anxiety affects the memory performance of board exam takers which can result in poor learning outcomes. This study aims to determine the relationship of perceived stress and anxiety on memory performance to degree holders of Civil Engineering, Accounting and Nursing who plan to take board examinations located in Metro Manila Philippines. The 273 respondents were then assessed through a deployed ergonomic tool including Perceived Stress Scale (PSS) which measures the stress level of degree holders, the Hamilton Anxiety Rating Scale (HAM-A) which accurately determines the severity of anxiety symptoms and the Everyday Memory Questionnaire (EMQ) assess memory loss in everyday experience. The findings says that the perceived stress has a p-value = 0.003 and anxiety has a p-value = 0.000 which means that it is statistically significant to memory performance. Furthermore, there is a low positive correlation coefficient of r = 0.401 between perceived stress and memory performance while there is a very high positive correlation coefficient showing result of r = 0.903 between anxiety and memory performance of board exam takers.