Preliminary Exams
In order to achieve professional status as an actuary, one must pass a set of examinations. All candidates acquire a core set of knowledge from the required preliminary exams (P, FM, IFM, STAM, LTAM, SRM and PA). It is strongly recommended that students take 2-3 preliminary exams in college in order to be considered as a competitive applicant for internships and full-time jobs with actuarial firms. An advanced overview of the preliminary exam requirements can be found at the following links: SOA and CAS, as well as exam schedules for 2018 and 2019. To learn more about actuarial courses at Notre Dame, check out the following link: ND Actuarial Courses.
Probability Exam: It is recommended that students interested in taking the P exam take ACMS/MATH 30530 (Probability).
Financial Mathematics Exam: ACMS/MATH 30610 (Introduction to Financial Mathematics) covers the course material, but it is recommended that students study from an FM review book as a complement to the course.
Investment and Financial Markets Exam: ACMS 20010 (Applied Mathematics of Financial Economics I), ACMS 30010 (Applied Mathematics of Financial Economics II), and FIN 30600 (Investment Theory) cover the exam material in totality. Students don't necessarily have to take all 3 of these courses to prepare for IFM and can use an IFM review book to complement the courses they take.
Short-Term Actuarial Mathematics Exam: ACMS 40015 (Actuarial Models) covers half of the material.
Long-Term Actuarial Mathematics Exam: MATH 40610 or ACMS 40615 (Life Contingencies) covers half of the material.
Statistics for Risk Modeling Exam: ACMS 30600 (Statistical Methods I) + ACMS 40030 (Predictive Modeling) + ACMS 40760 (Stochastic Modeling) + ACMS 40842 (Time Series Analysis)
Predictive Analyitcs Exam
Exam Reimbursement
All current dues paying members can be reimbursed for exam fees for the passed exams. Please contact the club treasurer with a copy of your exam receipt and a copy of your official SOA transcript (accessible online).
Study Guides
Exam materials are in the math library (basement of Hayes-Healy) for general use. Reimbursements for exam fees and VEE credit fees will not be granted unless all books outstanding have been returned. Please contact the President of the Club if you would like to donate your exam materials, it would be much appreciated!
Books we have available:
General Actuarial Books
(1) Actuarial Mathematics 2E by Bowers, Gerber, Hickman, Jones, and Nesbitt
(5) Making the Grade: the Aspiring Actuary's Guidebook to Consistent Exam Success and Advancement in the Workplace by Mocciolo
(1) Simulation 2E by Ross
P
(2) Actex 2010E
(1) Actex 2006E
FM
(4) Derivatives Markets 2E by McDonald
(3) Price Theory and Applications 5E by Landsburg
(2) Principles of Corporate Finance 7E by Brealey Myers
(3) The Theory of Interest 2E by Kellison
MFE (now part of IFM)
(2) ASM 8E
C (now part of STAM)
(1) ASM 11E
(1) ASM 12E
(2) Loss Models from Data to Decisions (w/ Solutions Manual) 3E by Klugman, Panier, and Willmot
MLC (now part of LTAM)
(2) Actex 2007E
(1) ASM 10E
Book Donations
We would like to thank Jack Zheng and Mengting Zhou for graciously donating their exam materials to the Actuarial Club! Thank you!
Please contact the club if you would like to donate your books as well! Thank you!