VEE are requirements that are sponsored by Society of Actuarial (SOA), Casualty Actuarial Society (CAS), and Canadian Institute of Actuaries (CIA). 

As of July 1, 2018, SOA has three VEE requirements, while CAS has two:

1. VEE Economics is required for both SOA and CAS.
The requirement did not change. It includes 2 components: Microeconomics and Macroeconomics.  To receive VEE credit, take the following courses at UCSB:

• Microeconomics:  Econ 1 passed with a letter grade B- or better; and
• Macroeconomics: Econ 2 passed with a letter grade B- or better.

2. VEE in Accounting and Finance is required for both SOA and CAS. It replaces Corporate Finance requirement. New VEE includes 2 components: Accounting and Finance. To receive VEE credit, take the following courses at UCSB:

• Accounting: Econ 3A, passed with a letter grade B- or better; and
• Finance: Econ 134A, passed with a letter grade B- or better.

Notes:

• VEE Corporate Finance has a cutoff date of 7/1/2019.
• Thus, if you passed Econ 134A (with B- or better) before 7/1/2019, Econ 3A is not required to satisfy VEE Accounting and Finance requirement. Credit can be claimed anytime in the future.