Waiver Policy for Examinations
Effective: 2007
The Casualty Actuarial Society Board of Directors approved the following waiver policy for the CAS preliminary education structure. The waivers are for candidates who have credit for exams of the Faculty of Actuaries/Institute of Actuaries (U.K.) and the Institute of Actuaries of Australia as presented in the table below with the following qualification:
- Waivers will not be granted for Faculty/Institute exam credit earned through coursework except for those universities on the Faculty/Institute list as of May 7, 2000.
| Subject of the Faculty of Actuaries, Institute of Actuaries, Institute of Actuaries of Australia, or Institute of Actuaries of India | Waiver Granted for CAS Exam/Educational Experience |
|---|---|
| CT1 | Exam 2/FM |
| CT2 | VEE-Corporate Finance |
| CT3 | Exam 1/P |
| CT4, CT5, CT8 | Exam 3 |
| CT6 | Exam 4/C and VEE-Applied Statistical Methods |
| CT7 | VEE-Economics |
The Vice President-Admissions and the Education Policy Committee will review other requests for waivers. Any addition to the waiver policy would be announced after approval by the CAS Board of Directors.
For more information or to apply for a waiver, please contact Bob Craver at bcraver@casact.org.
