1. Actuarial Pathway
October 27, 2017

2. Agenda -Course Options Classes Schedules General Advice
-Career Options
The Two Societies
Exams and VEEs
Careers

3. Course Options
Scheduling Made Easy

4. PSTAT Classes

5. Progression of Classes

6. BS in Actuarial Science

7. Possible Schedules

8. Possible Schedules (Regular Track)

9. Possible Schedules (Transfer Students)

10. Combined BS/MS in Actuarial Science

11. Possible Schedules (Grad Students)

12. General Advice
Raya Feldman (Graduate, SH 5516)
April Campbell (Undergraduate, SH 5607B)

13. Questions?

14. Which Society and Track?
Career Options
Which Society and Track?

15. The Two Societies: SOA and CAS
Website:
Membership Information:
About 6,500 members
Lines of Work:
Property and Casualty
SOA
Website:
Membership Information:
About 28,000 members
Lines of Work:
Health and Benefits
Life
Retirement

16. SOA “Specialty Tracks” CAS “Practice Areas”
Retirement Benefits
Group and Health
Individual Life and Annuities
General Insurance
Corporate Finance and Enterprise Risk Management (CFE)
Quantitative Finance and Investment (QFI)
Enterprise Risk Management
Predictive Modeling
Ratemaking
Reserving

17. The Two Societies: SOA and CAS Pathways

18. Be An Actuary:
Employment Information:

19. Exams and VEEs

20. Links to Exam Syllabi Exam P/1:
Exam FM/2:
Exam IFM/3F:
Exam MLC:
Exam MAS I:
Exam MAS II:
Exam 5:

21. Exam Flowchart

22. General Exam Info How to sign up for an exam
Choose exam and register:
Choose CBT for P, FM, MFE, C
Check for due dates:
Exam costs
P, FM: $225
IFM (MFE): $325
LTAM (MLC), STAM (C): $375
CAS Exams:
How to study for an exam
Exam manuals: April Campbell
Online sites: Coaching Actuaries, The Infinite Actuaries
Practice exams:
Coaching Actuaries code: UCSB25OFF
Exam Scoring
Immediate preliminary results from CBTs
Official score about 12 weeks later
6-10 (pass); 0-5 (fail)
Pass Rates: (
P/1: 41.2%
FM/2: 47.5%
MFE/3F: 45.4%
MLC: 41.5%
C: 45.5%
Exam S: 48.2%
Exam 5: 39.6%
Exam 6: 37.2%

23. Future Exam Benefits Career:
Single payment bonuses and salary increases
Measure of success, progression of career
Move to higher positions once more credentialed
Exam Reimbursement While Still in School:
Reimbursement of 2nd+ passed exams
Need receipts as proof of payment, and passing scores from SOA
Fill out form with Jerry Chung
BARC will reimburse you at the end of the quarter
This pays off any outstanding charges, or you can ask BARC for a check in the mail

30. Questions?

31. Thanks! Club Shirts Pre-sale and customization
Order by Week 8, arrive by Week 10
$20 Plain, $25 Customized
Upcoming Events
Week 5: Zodo’s Bowling
Week 6: Basketball
Week 7: Excel Workshop
Week 8: Movie Night
Week 9: Actuaries on Ice