Actuarial Examination System CAS/SOA
The following is a comparison of UCSB Classes and SOA/CAS Actuarial Exams valid for 2018-19 academic year. Note that the actuarial curriculum is always under revision and is constantly updated. We will try to update our information as frequently as possible.
If you need information about the examinations, please contact the Undergraduate Program Advisor at undergradinfo@pstat.ucsb.edu.
THREE COMMON SOA/CAS EXAMS, ADMINISTERED BY SOA:
|
Probability Exam |
Corresponding UCSB Course(s) |
| SOA: Exam P (Probability) CAS: Exam 1 (Probability) |
PSTAT 120A-B (Mostly A) |
| Financial Mathematics Exam | |
|
SOA: Exam FM |
PSTAT 171 |
| Investment & Financial Markets Exam | |
| SOA: Exam FAM CAS: Exam 3F |
PSTAT 170, 172A-B, 173, 183 |
ADDITIONAL SOA EXAMS:
| Long-Term Actuarial Mathematics Exam | Corresponding UCSB Course(s) |
| SOA: Exam ALTAM | PSTAT 172A-B |
| Short-Term Actuarial Mathematics Exam |
|
| SOA: Exam ASTAM | PSTAT 120B-C, 173, 183 |
| Statistics for Risk Modelling Exam | |
|
SOA: Exam SRM (new exam) SRM is not required for students who satisfied VEE |
PSTAT 126, 174, 131 |
| Predictive Analytics Exam | |
| SOA: Exam PA (new exam) |
PSTAT 131 |
ADDITIONAL CAS EXAMS:
| Modern Actuarial Statistics Exam I | Corresponding UCSB Course(s) |
| CAS: Exam MAS I | PSTAT 120B-C, 131, 160A, 126, 172A, 173 |
| Modern Actuarial Statistics Exam II | |
| CAS: Exam MAS II | PSTAT 173,160A,131 |
| Basic Techniques for Ratemaking and Estimating Claim Liabilities |
|
| CAS: Exam 5 | PSTAT 183 is very helpful |
More information on forthcoming changes is available at SOA and CAS websites:
- CAS Basic Education Summary is available at https://www.casact.org/admissions/syllabus/index.cfm?fa=summary
- Good summary of 2018 changes to both SOA and CAS credential requirements is available at ACTEX website https://www.actexmadriver.com/2018-Exam-Changes/ as well as at
- Coaching Actuaries website https://www.coachingactuaries.com/students/soa-changes/
- Summary of 2018 changes to CAS credential requirements is available at https://www.casact.org/admissions/exams/2018_Changes_CAS_Credentialing_Requirements.pdf
- Summary of 2018 changes to SOA credential requirements is available at More information on forthcoming changes is available at SOA website https://www.soa.org/curriculum-changes/curriculum-changes-default/
Help with preparation for the Actuarial exams:
- Enroll into PSTAT 182T, Tutorial in Actuarial Statistics
- Practice interactive online actuarial problems
- Use online tutorials http://instruction.bus.wisc.edu/jfrees/UWCAELearn/default.aspx
- Use manuals by Prof M. Finan for Exams P, FM, MFE/3F (current IFM), MLC/3L
- Electronic Textbooks for SOA Exams
- More information is posted at https://www.pstat.ucsb.edu/undergrad/actuarial-science/exam and https://www.pstat.ucsb.edu/undergrad/resources/actuarial-science