Approved Validation by Education/Experience (VEE) Courses

The VEE requirement is jointly sponsored by the Society of Actuaries (SOA), Casualty Actuarial Society (CAS), and Canadian Institute of Actuaries (CIA).

There are three VEE topics:

  • Economics
  • Corporate Finance
  • Applied Statistical Methods

The VEE topics are not prerequisites for the preliminary exams (Exams P, FM, MLC, MFE, and C) and may be fulfilled independently of the exam process. However, you must pass two SOA or CAS actuarial exams before applying to have your VEE credit added to your record.

Society of Actuaries Directory of Approved Courses for VEE and directions to apply for credit »

Applied Statistical Methods

ECON 4950 Introductory Econometrics and Applications
Approval code: 3-1124-3144-1-2010
Valid: 2005 – 2010

MATH 4548 Methods of Regression and Analysis of Variance
Approval code: 3-1124-3326-2-2011

NOTE: Approved for regression component only. Must be paired with an approved time series course.

Valid: 1998 – 2011

AS 8420 Statistical Models in Insurance
Approval code: 3-1124-0517-1-2007
Valid: 1997 – 2007

STAT 8561 Linear Regression Analysis I and STAT 8610 Time Series Analysis
(2 courses must be taken)
Approval code: 3-1124-4331-2-2009
Valid: 2000 – 2010

ECON 8750 Econometrics II or Theory and Applications and ECON 8780 Financial Econometrics
(2 courses must be taken)
Approval code: 3-1124-2912-2-2013
Valid: 2006 – 2013

ECON 8740 Applied Statistics and Econometrics
Approval code: 3-1124-0519-1-2010
Valid: 2002 – 2010

Corporate Finance

FI 3300 Corporation Finance
Approval code: 2-1124-0514-1-2012
Valid: 1985 – 2012

MBA 8135 Corporate Finance
Approval code: 2-1124-3145-1-2013
Valid: 2007 – 2013

FI 8300 Advanced Corporate Finance
Approval code: 2-1124-2631-1-2012
Valid: 2003 – 2012

Economics

ECON 2105 Principles of Macroeconomics and ECON 2106 Principles of Microeconomics
(2 courses must be taken)
Approval code: 1-1124-0510-2-2012
Valid: 1986 – 2012

MBA 7035 or MBA 8403 or MBA 8231 Economics for Managers
Approval code: 1-1124-3327-1-2013
Valid: 2001 – 2013