Introduction

Exams, exams, exams. Actuarial exams are an integral part of actuarial students' careers. Exam-based accreditation by organizations like the Society of Actuaries and the Casualty Actuarial Society ensure that students in the industry are highly qualified for the work they do. In college, students should study for and begin to take the first few exams. Additionally, students should be aware of VEE (Validation by Educational Experience) requirements by the SOA and CAS, as some can be completed with UCLA courses.

For reviews of study manuals and additional exam prep resources, please visit our Exam Prep tab here.

Coaching Actuaries Discount

We are excited to announce that we are once again partnering with Coaching Actuaries to bring you a discount code for 25% off Adapt, 35% off Adapt + Manual, or 70% off Adapt + Learn. This code is only valid through the end of 2020. Please note that this discount code cannot be combined with the student discount because the student discount is already factored into our discount code. If you would like the discount code, please email us from your official UCLA email. This discount is a benefit of being a BAS member and is only available to UCLA students. Please DO NOT share the discount code with students from other schools or non-students. For more information about Adapt, please refer to the "Coaching Actuaries Discount Code" email.

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The Infinite Actuary Discount

We are excited to announce that The Infinite Actuary is a sponsor of BAS. The Infinite Actuary has created comprehensive online courses that have helped thousands of students simplify studying for actuarial exams over the past 15 years. This modern learning platform offers video lessons, practice problems, sample exams, digital flashcards, and more. For more information, refer to their flyer and their website.

Study Groups

It can be extremely helpful to form study groups and study with fellow students. Not only is it a good way for you to network within the actuarial community (some of these people might be your coworkers one day!), it is also a good way to keep yourself accountable to get your study hours in, especially when things start to get busy with your classes and extracurricular activities.

Form study groups and contact your peers here.

Society of Actuaries Exams

The Society of Actuaries is the premier professional organization of health & retirement actuaries in the United States. The ASA exam requirements are:

ASA designation also requires completion of the Validation by Educational Experience (VEE) requirements in (1) Mathematical Statistics, (2) Economics, (3) Accounting and Finance, a Fundamentals of Actuarial Practice (FAP) e-Learning course, and an Associateship Professional Course (APC). You can read about the ASA requirements in detail here.

Casualty Actuarial Society Exams

The Casualty Actuarial Society considers itself "the gold standard for the property and casualty actuarial profession." As of the end of 2016, the transition has been completed to a new set of exam requirements for the Associate of the Casualty Actuarial Society (ACAS) designation featuring the exams below:

To achieve the ACAS credential, candidates must also complete the VEE Requirements for (1) Corporate Finance (2) and Economics, two Online Courses in (1) Risk Management and Insurance Operations and (2) Insurance Accounting, Coverage Analysis, Insurance Law and Insurance Regulation, and a course on professionalism. You can read about the ACAS requirements in detail here.