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  • Question re: VEE

    Can someone provide a little information regarding the VEE piece of the Actuarial exams? Do I need to take the exams before taking the first exam? I have a masters degree in economics (which included several semesters of regression analysis and statistics) and am currently sitting through the CFA exams. What exactly do I need to do to bypass this piece? Thanks.

  • #2
    Vee

    You can take classes at universities that received VEE approval for their courses,
    for example, our university has this:
    http://www.math.ilstu.edu/actuary/vee.html
    or you can take Casualty Actuarial Society VEE exams, go the CAS web site for info:
    http://www.casact.org
    or you can take New England Actuarial Seminars VEE classes:
    http://www.neas-seminars.com

    Good luck. Yours,
    Krzys' Ostaszewski


    Originally posted by messike
    Can someone provide a little information regarding the VEE piece of the Actuarial exams? Do I need to take the exams before taking the first exam? I have a masters degree in economics (which included several semesters of regression analysis and statistics) and am currently sitting through the CFA exams. What exactly do I need to do to bypass this piece? Thanks.
    Want to know how to pass actuarial exams? Go to: smartURL.it/pass

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    • #3
      Originally posted by messike
      Can someone provide a little information regarding the VEE piece of the Actuarial exams? Do I need to take the exams before taking the first exam? I have a masters degree in economics (which included several semesters of regression analysis and statistics) and am currently sitting through the CFA exams. What exactly do I need to do to bypass this piece? Thanks.
      First, you might want to check if the college you've attended is on the SOA approved list. If so, and you've taken the courses that have been pre-approved by the SOA to satisfy the VEE requirements, then you're done. No more exams need to be taken.

      However, if the courses you've taken aren't on there, or your college is not a part of the SOA pre-approved list, then you'll need to submit your own application to get it approved. You won't be able to do this until you've passed 2 of the actuarial exams. Since you've got a masters in economics, with regression background, you'll probably get credit for the economics VEE and the regression half of the Applied Statistics VEE. If you've taken 2 semesters (or maybe even one) of corporate finance, then you can submit your application later to see if you'll get credit for the VEE. Finally, if you've taken a course in time series (trending, etc.), you'll be able to finish off the Applied Statistics VEE without taking extra exams.

      The VEE's do not need to be done in any order. They are required for you to get any type of credential, though. They are not prerequisites for any of the preliminary exams. So, if you wanted to finish those first, that's fine, but if you wanted to pass all the other requirements to get your credential first, then that's okay, too.

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