Accreditation and exemptions by CIA, SOA and CAS

SOA Validation by Educational Experience (VEE)


How to earn SOA VEE credits

You can earn VEE credit by completing the courses listed below with at least 70%:

VEE topic

Required courses

Economics

ECON 101 and ECON 102

Accounting and Finance

ACTSC 372 and AFM 101

Mathematical Statistics

STAT 330

Links to information on each VEE topic can be found on this SOA webpage.

If you do not complete a course(s) with at least 70%, you have alternate options to earn the corresponding VEE. Find the Alternate VEE Options directory on the SOA website.

It is the student’s responsibility to ensure VEE requirements are met by referring to this SOA webpage.

How to apply for SOA VEE credits

You will need to apply separately for each VEE credit by submitting official transcripts which can be ordered from the Registrar’s Office. Details on how to apply can be found at this SOA webpage.

CIA University Accreditation Program


What is the CIA University Accreditation Program (UAP)?

Through this accreditation program with the CIA, the CIA will grant exemptions/eligibility to students towards their associate (ACIA) designation with the CIA.

Recent changes to the UAP

The CIA recently announced (in April 2021) a new pathway for ACTSC students to earn their ACIA designation through the UAP, which involves completing the ACIA Capstone Exam, but without needing to write any SOA/CAS exams. Details on this new pathway can be found at this CIA webpage.

How can I become eligible for the ACIA Capstone Exam?

You need to graduate with an ACTSC major with completion of:

  • STAT 341; and
  • Two courses from this list:
    • STAT 431;
    • STAT 441;
    • STAT 443.

It is the student’s responsibility to ensure eligibility requirements are met by referring to the CIA UAP website.

Exceptions for students who will complete their degree with the ACTSC major by the end of Spring 2023

  1. You will be automatically eligible for the ACIA Capstone Exam.
  2. If you have earned credit/exemption by the CIA for all 6 SOA exams (P, FM, IFM, LTAM, STAM, SRM) or all 5 CAS exams (1, 2, 3F, MAS I, MAS II) by end of Spring 2023, you will be exempt from the ACIA Capstone Exam. You can earn exam exemptions by the CIA through UAP for select exams if you pass select accredited courses with the required grade by Spring 2023 (these courses and their required grades can be found on this CIA webpage).

More info about these exam exemptions:

  • If you passed an accredited course but did not meet the grade requirement, you do not qualify for the exemption and will need to write the SOA/CAS exam.
  • Exam exemptions granted by the CIA are recognized by the CAS towards their ACAS designation but not by the SOA towards their ASA designation.
  • Information on how to apply for an exam exemption with the CIA can be found on this CIA webpage. Applications will require official transcripts which can be ordered from the Registrar’s Office. Note that you could wait up to 2 months for your application to be approved by the CIA. For questions, please contact the CIA directly at education@cia-ica.ca as UW does not handle the granting of exemptions.

It is the student’s responsibility to ensure eligibility requirements are met by referring to the CIA UAP website.