Information for Candidates
The CIA grants UAP credits to candidates for the following Society of Actuaries (SOA)/Casualty Actuarial Society (CAS) exams: FM/2, MFE/3F, MLC, LC, and C/4.
No credit is available for the Probability Exam, or Exams ST and S of the CAS.
Candidates pursuing Associate (ACIA) and Fellow (FCIA) designations of the CIA will be required to complete Exam P/1 as well as the Fellowship exams, modules, and other CIA eligibility requirements.
Candidates who achieve the minimum grade requirement in the accredited courses may submit an application form along with official university grade transcripts to receive credit for their courses. UAP credits are approved by the Eligibility and Education Council.
The timing of the completion of the last course will determine the requirement to be met. A sunset clause of three years from the time of completion of the last course will be applied. This means that students must apply for the associated exam credit within three years of the date of completion of the last course.
Should a university fail to maintain, or lose, its accreditation, the candidates who receive credits based on education received at that university shall not lose the credits received during the period that the university was accredited.
In addition to the specific university’s internal policies on conduct, including academic misconduct, candidates pursuing credits for writing professional examinations shall also be subject to the Code of Conduct and Ethics for Candidates in the CIA Education System and the associated Policy on Conduct and Ethics for Candidates in the CIA Education System.
For more information, please visit Obtaining UAP Credits and the FAQ.