Summary of 2022 and 2023 Requirements
The table below shows the changes to the 2022-2023 requirements. For more information on the 2022 CAS requirements, visit the website. Details on Online Course 3 are forthcoming.
2022 CAS Education Requirements to ACAS |
2023 CAS Education Requirements to ACAS |
| Accounting and Corporate Finance | Accounting and Corporate Finance |
| Economics | Economics |
| Exam 1* — Probability | Exam 1* — Probability |
| Exam 2* — Financial Mathematics | Exam 2* — Financial Mathematics |
| Exam 3F* — Models for Financial Economics | Online Course 1 — Risk Management and Insurance Operations |
| Modern Actuarial Statistics I | Online Course 2 — Insurance Accounting, Coverage Analysis, Insurance Law, and Insurance Regulation |
| Modern Actuarial Statistics II | NEW! Online Course 3 — Data Concepts |
| Exam 5 — Basic Techniques for Ratemaking and Estimating Claim Liabilities | Modern Actuarial Statistics I |
| Exam 6 — Regulation and Financial Reporting (Nation- Specific)- US, Canada, Taipei | Modern Actuarial Statistics II |
| Online Course 1 — Risk Management and Insurance Operations | Exam 5 — Basic Techniques for Ratemaking and Estimating Claim Liabilities |
| Online Course 2 — Insurance Accounting, Coverage Analysis, Insurance Law, and Insurance Regulation | Exam 6 — Regulation and Financial Reporting (Nation- Specific)- US, Canada, Taipei |
Key: |
* The CAS will honor credits from candidates who pass examinations offered by other organizations that cover our CAS learning objectives for Exams 1, 2 and 3F as well as the VEEs.
These organizations include: Society of Actuaries, Canadian Institute of Actuaries, Institute and Faculty of Actuaries (UK), Actuaries Institute (Australia), China Association of Actuaries, Actuarial Society of South Africa and Institute of Actuaries of India. Candidates can continue to obtain credit for Exam 3F through the end of 2022. Any candidate earning their ACAS based on Exam 3F credit received by the last offering in November 2022 will not be required to pass the new online data concepts course. |
| Validation by Educational Experience (VEE) | |
| Preliminary Exam | |
| CAS Online Course | |
| CAS Exam |