Society of Actuaries Accreditation Program

 

The Certificate in Actuarial Science and Financial Mathematics is designed to closely follow the Society of Actuaries accreditation program. This is an internationally accepted professional qualification for actuaries, so anyone planning a career as an actuary will want to take this accreditation.

The Society of Actuaries, Canadian Institute of Actuaries, and Casualty Actuary Society have implemented Validation by Educational Experience (VEE) requirements for Applied Statistical Methods, Economics and Corporate Finance. These are requirements which must be fulfilled prior to professional designation as an Associate or Fellow of one of the Societies.

The following Dal classes have been certified for Validation by Educational Experience (VEE):

VEE in Applied Statistical Science Both Statistics courses (STAT 3340 and STAT 4390) or                           both Economics courses (ECON 3338 and ECON 3339)
VEE in Economics ECON 1101 and ECON 1102
VEE in Corporate Finance COMM 2202 and COMM 2203

Students wishing to pursue Actuarial Science as a career are encouraged to include as many of these courses as possible in their program. Students are also advised to attempt one or more of the Society of Actuaries accreditation examinations prior to graduation.

Society of Actuaries (SOA) Examination

The following courses contain substantial overlap with the syllabi for Society of Actuaries examinations:

STAT 3720:
(Life Contingencies I)
the content of this class is similar to that of Society of Actuaries Examination MLC (Moels for Life Contingencies)  
STAT 4720:
(Life Contingencies II)     
the content of this class is similar to that of the Society of Actuaries Examination MLC (Moels for Life Contingencies)
 
MATH 3900:
(Financial Mathematics)                     
the content of this class is similar to that of the Society of Actuaries Examination MFE (Models for Financial Economics)  
STAT 3703:
(Actuarial Models I)
the content of this class is similar to that of the Society of Actuaries Examination C (Construction and Evaluation of Actuarial Models).  
STAT 4703:
(Actuarial Models II)
the content of this class is similar to that of the Society of Actuaries Examination C (Construction and Evaluation of Actuarial Models).  
MATH/STAT 2600
(Theory of Interest and Life Contingencies)
the content of this class is similar to that of the Society of Actuaries Examination FM (Financial Mathematics).  
STAT 3360
(Probability)
the content of this class is similar to that of the Society of Actuaries Examination P (Probability).