As part of basic education, the CAS requires Validation by Educational Experience (VEE) topics. Validation of these topics is required in addition to the preliminary education exams listed below. The CAS, in conjunction with the Canadian Institute of Actuaries and the Society of Actuaries, has implemented VEE requirements for the following topics:
- VEE - Accounting and Finance
- VEE - Economics
The preliminary education exams are:
- Exam 1 - Probability
- Exam 2 - Financial Mathematics
- Exam 3F - Financial Economics
In addition to the preliminary education requirements listed above, Exams MAS-I, MAS-II, 5, and 6 (6-Canada, 6-United States or 6-AICT), Online Courses 1 and 2, and the CAS Course on Professionalism are required for Associate membership.
Details about the process for obtaining credit for the VEE topics are provided on the Society of Actuaries Validation by Educational Experience (VEE) requirement homepage. VEE topics are not prerequisites for the preliminary examinations and may be fulfilled independently of the preliminary exam process.
Note: Candidates may not submit VEE credit applications for partial credit (e.g., a microeconomics course may not be submitted alone but must be accompanied on the same application by an approved macroeconomics course). Candidates may not submit for VEE credit for a topic until they have completed all requirements for that topic. Specific questions may be sent to firstname.lastname@example.org.
Once a candidate's application and documentation of the required grade on an approved course/experience have been validated, credit for the specific VEE topic will be granted. The candidate will be sent a written response to each application.