an introduction to the field of actuarial science
TRANSCRIPT
An Introduction to the field of Actuarial Science
Actuarial DesignationsAssociate of the Society of Actuaries (ASA)
Complete all 5 preliminary examsComplete all VEE creditsComplete Fundamentals of Actuarial Practice (FAP)
modules
Chartered Enterprise Risk Analyst (CERA)Complete Exams P, FM, MFE, CComplete Advanced Financial Economics (AFE) ExamNote: ASA is also given to those who complete the
criteria for the CERA designation
ERM and FSAEnterprise Risk Management module and exam
After completion of ASA, additional modules and completion of specialized series of exams allows one to be eligible to earn the FSA designation
CERA and ERM only through SOANOTE: Please visit http://www.soa.org for more
detailed information.
Validation by Educational Experience (VEE credits)There are three VEE topics that you must
completeEconomics
Econ 201 and Econ 203 OR Econ 301 and Econ 303Corporate Finance
Finance 317 OR ACSC 425 (Note: Acct 317 not allowed)
Applied Statistics Stat 429 and Stat 505 OR just Stat 431
Actuarial Students’ National Association (ASNA)
Consists of Actuarial students from across Canada
Largest Actuarial job fair in North AmericaAn annual convention that usually has speakers
from the SOA, CIA and CASTravel funding available – ask us for details!This year’s conference is from 2-4 of January,
2015 in Montreal.
SOA ExamsThere are 5 preliminary exams that you should
begin as soon as possible to increase your employability
Exam P – Probability Math 321, 323
Exam FM – Financial Mathematics ACSC 325
Exam MLC – Modeling Life Contingencies ACSC 327, 427, 527
Exam MFE – Modeling Financial Economics ACSC 539.04
Exam C – Credibility ACSC 533, Stat 421, 433, 437
SOA Approved CalculatorsBA-35 BAII Plus ** (Used in FNCE 317) ~ $45BA II Plus Professional Edition ** ~ $70TI-30XaTI-30XIIS ** ~ $25TI-30XIIBTI-30XS MultiView TI-30XB MultiView
Accreditation program through CIA only
Exemption for certain CIA professional exams depending on the grades earned in the designated university courses
You can find more details about the CIA accreditation program at the following website: http://www.actuaries.ca/membership/uap_ucalgary_e.cfm
University of Calgary Actuarial Society (UCAS)Membership is $10Extensive Test bank covering most of the courses
you will be taking (http://ucasexambank.wordpress.com). Password protected, access to members only.
Offer midterm/final review sessions for ACSC 325, ACSC 327 and MATH 321
Great networking in the Actuarial and business community
Great resource for questions about the profession since many of our execs have internship experience
Upcoming events
Mercer Info Session – September 21
Towers Watson Info Session – September 28
Questions?
Website: www.math.ucalgary.ca/actuaryE-mail: [email protected]: UCAS - University of Calgary
Actuarial SocietyOffice: MS 369 (office hours posted on our
website)