Admissions Transformation

As the field of actuarial science continues to evolve, there is a growing need for actuaries to have advanced tools and techniques to help them better understand and manage risk. Recognizing that the CAS also evolves by revolutionizing how it prepares actuaries with problem-solving skills for the future, the CAS Board of Directors has approved a new predictive analytics requirement as part of the Admissions Transformation Plan.

The CAS is pleased to announce the publication of the new Content Outlines (formerly referred to as Syllabi) for Exams 7 and  9, as outlined in the Admissions Transformation Plan (ATP). The new content outlines enable candidates to begin their preparations for the new exams. Candidates preparing for the May 2024 sitting of Exams 7 and 9 should refer to these new content outlines.

The CAS is pleased to announce that as part of the Admissions Transformation Plan, computer-based practice exams for the MAS exams will be available again exclusively for candidates that are registered for the spring 2023 sitting of MAS-I and/or MAS-II.

The General Officer of the CAS Syllabus and Examination Committee has released a memorandum outlining approved changes for the October/November 2023 CAS source materials.

As previously announced, the work of the CAS Admissions Transformation Plan (ATP) began with the Job Task Analysis (JTA) conducted in 2020, which resulted in recommendations for the high-level domains1 and tasks2 covered on each exam in the ACAS and FCAS exam pathway. This foundational analysis helps to inform the enhancements to all CAS exams, and we are now pleased to announce changes to Exams 7, 8 and 9.

In accordance with the Admissions Transformation Plan (ATP), the CAS anticipates publishing new Content Outlines (formerly Syllabi) later this month for the October/November 2023 Exams MAS-I, MAS-II, and 5. The following information will provide our stakeholders, primarily candidates and academics, with details on the similarities and differences between our former Syllabi and new Content Outlines.  

As previously announced, the Admissions Transformation Plan (ATP) incorporated a Job Task Analysis (JTA) in 2020 to inform enhancements to all CAS exams, beginning with the new Exams MAS-I, MAS-II and 5. The JTA resulted in recommendations for the high-level domains and tasks covered on each exam in the ACAS and FCAS exam pathway.

As we head into the busy end-of-year season, the CAS recognizes that it may be difficult to stay informed about forthcoming updates being implemented through our Admissions Transformation Plan (ATP), so we are providing a preview at this time.

In the spirit of our on-going commitment to transparency as we announce key milestones of the Admissions Transformation Plan (ATP), the CAS is sharing details regarding the process for deciding changes to topics covered on CAS exams. Over the past two years, the CAS utilized three separate analyses to ensure that the content presented on the ACAS and FCAS exams accurately represents a holistic viewpoint of the profession, and evaluates the skills needed to ensure CAS candidates and members are prepared to meet future skill demands.