Starting January 1, 2006, candidates may earn the Associateship designation by completing the following requirements:
1. All candidates must complete Preliminary Exams P, FM, M, and C
2. All candidates must satisfy Validation by Educational Experience (VEE) for three subjects: economics, corporate finance and applied statistics.
3. All candidates must complete the Fundamentals of Actuarial Practice (FAP) Modules 1–8 and the two associated exams: FAP Exam 1 (Modules 1-5) and Exam 2 (Modules 6-8).
4. All candidates must also complete the Associateship Professionalism Course (APC).
For SOA Fellowship, candidates must complete all Associateship requirements plus two examinations and several modules related to the candidates chosen area of practice (chosen from investment, finance, enterprise risk management, group and health, individual life and annuity, and retirement). The Fellowship Admissions Course (FAC) is also required of all candidates.
To earn an Associateship designation, all candidates must:
1. Complete Preliminary Exams P, FM, M or CAS 3, and C.
2. Satisfy Validation by Educational Experience (VEE) for three subjects: economics, corporate finance and applied statistics.
3. Complete CAS Exams 5-7.
4. Complete the CAS Course on Professionalism
For CAS Fellowship, candidates must complete all Associateship requirements and CAS Exams 8 and 9.
