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Accreditation contract between the Canadian Institute of Actuaries and Concordia college | S90-01A cheat sheet and exam Questions
The undergraduate actuarial courses at Concordia institution have earned provisional accreditation on the country wide level from the Canadian Institute of Actuaries (CIA). This accreditation applies to classes starting on or after September 1, 2012. It gives college students, who achieve a minimal grade of B in their actuarial classes, the alternative to observe to the CIA for exemptions from the preliminary knowledgeable actuarial assessments FM, MLC, MFE and C.approved courses and examination Exemptions
The contract pertains to the certain lessons offered by means of Concordia university which have been mapped to the certain constituents of the Society of Actuaries (SOA)/Casualty Actuarial Society (CAS)/CIA exam Syllabus outlined within the table beneath.
classes mapped to distinct tests must have the same minimal grade threshold, it really is B or higher. The CIA is focused on to have a much better general for exemption, resulting in fewer candidates acquiring exemptions than would efficiently move the corresponding SOA/CAS checks.
Exemptions will be granted with the aid of the CIA, most effective to students who file an utility for exemption, and after having established that the pupil achieved the minimum passing grade in each and every of the mapped lessons:SOA/CAS examination Reference institution path Reference minimum Grade for Exemption Fall 2019 winter 2020 P/1 #1P/1 #2 STAT 249STAT 250 B+B+ xx xx SRM #1 STAT 497 B+ x FM/2 #1 ACTU 256 B+ x IFM/3F #1 MAST 397A B+ x LTAM #1LTAM #2 ACTU 257ACTU 357 BB x x STAM #1STAM #2
STAM #3ACTU 457 (or MAST 724)ACTU 458 (or MAST 725or MAST 881K)ACTU 459 (or MAST 726or MAST 881E) BB
be aware: The CIA will supply college students exemptions towards the attainment of Associateship (ACIA) and Fellowship (FCIA) designation by using the CIA. although the CAS has already announce it will recognizes the CIA exemptions granted to students towards ACAS and FCAS designations, the CIA does not certain that these exemptions might be identified via other actuarial groups in opposition t their personal actuarial designations. Please consult with the CIA internet web page for an entire description of their accreditation software: http://www.cia-ica.ca/membership/school-accreditation-software---home/permitted/concordia.Granting Exemptions
the way to benefit exemptions from CIA and application form: The CIA will supply exemptions to students from writing the distinct SOA/CAS exams towards achieving Associateship or Fellowship in the CIA. college students will, upon completion of the necessary courses, and upon obtaining legitimate college direction transcripts, practice to the CIA with the aid of the time limits as decided periodically via the CIA. here guidance will be required in the utility:
may still Concordia tuition lose its provisional accreditation, exemptions already granted to students will continue to be valid.
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