Course & Exam Comparison

Actuarial Examination System CAS/SOA

The following is a comparison of UCSB Classes and SOA/CAS Actuarial Exams valid for F2016-17 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.

FOUR COMMON SOA/CAS EXAMS, ADMINISTERED BY SOA:

First Exam Corresponding UCSB Course(s)
SOA: Exam P (Probability)
CAS: Exam 1 (Probability)
PSTAT 120AB (Mostly A)
Second Exam  
SOA: Exam FM (Financial Mathematics)
CAS: Exam 2 (Financial Mathematics)
PSTAT 171 (PSTAT 170 is helpful)
Third Exam  
SOA: Exam MFE (Financial Mathematics)
CAS: Exam 3F (Models for Financial Mathematics)
PSTAT 170 (PSTAT 176 is helpful)
Fourth Exam  
SOA: Exam C (Construction and Evaluation of Actuarial Models)
CAS: Exam 4 (Construction and Evaluation of Actuarial Models)
PSTAT 173, parts of PSTAT 120BC, 160AB (simulation). PSTAT 175 and 105 are helpful

SOA EXAM MLC:

Fifth SOA Exam  
SOA: Exam MLC (Models for Life Contingencies) PSTAT 172AB

CAS EXAMS S and FIVE:

CAS Exam S  
CAS: Exam S (Statistics and Probabilistic Models) PSTAT 160A, 173, 172A, 
PSTAT 120BC, 127, 174
CAS Exam 5  
CAS: Exam 5 (Basic Techniques for Ratemaking and Estimating Claim Liabilities) PSTAT 183

Help with preparation for the Actuarial exams:

Electronic Textbooks for SOA Exams

EXPECT THE FOLLOWING CHANGES IN THE SOA CURRICULUM: 

SUMMER 2017:

  • Some of the exam FM material will be moved to MFE allowing us to cover FM in on course PSTAT 171.
  • Some of the stochastic calculus material will be moved from exam MFE to the fellowship exams.

SUMMER 2018 

  • Applied Statistics VEE will be replaced by the Mathematical Statistics VEE.
  • Account and Finance VEE will replace Corporate Finance VEE.
  • A new exam and a project in predictive analytics is planned to include regression, time series and some data mining.

More information on forthcoming changes is available at SOA website: