Society of Actuaries Admission

Associateship

  1. To attain Associateship, the candidate must successfully complete the course requirements described below, and must have the Application for Admission as an Associate approved by the Society of Actuaries Board of Governors.
  2. Credit for all courses must be obtained by examinations offered by the Society of Actuaries or by alternative methods approved by the Actuarial Standards of Practice. In certain circumstances, course credit may be obtained by waiver for a candidate who has the examination credits in another actuarial organization.
  3. All candidates must complete Exams P, FM, M and C, collectively known as the preliminary education component.
  4. All candidates shall satisfy Validation by Educational Experience (VEE) for three subjects: economics, corporate finance and applied statistics.
  5. All candidates must complete the Fundamentals of Actuarial Practice (FAP) Modules 1–8 and the two associated exams, FAP Exam #1 and #2.
  6. All candidates must also complete the Associateship Professionalism Course (APC). Candidates must also have an approved Application for Admission as an Associate on file, as described above.

Fellowship

  1. An Associate will be admitted as a Fellow of the Society of Actuaries (FSA) after completing the Fellowship educational requirements, including the FSA modules and capstone modules, the Fellowship Admissions Course (FAC), and any additional requirements prescribed by the Board of Governors. No application is required for an Associate to be admitted as a Fellow.
  2. Associates must complete all remaining educational requirements including exam Design and Pricing (DP) and exam Company/Sponsor Perspective (CSP).

    Questions regarding these requirements should be directed to us at info@vsoa.org.