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VEE introduces SoA credit for college courses, apparently on subjects where a basic (i.e., not too advanced) understanding seems OK.
In the (distant) past, I got credit for Part 1 (Calculus) based on my GRE score. This encouraged me to start taking exams.
Are there other courses/exams that should be considered for credit, e.g., CPA, JD, LLM, CFA, MBA, ...?
Dr T Non-Fan
08-19-2005, 02:35 PM
I don't think so, else they'd be public knowledge.
silverfox
08-19-2005, 03:19 PM
I'm not sure if this is what you mean, but CFA exam counts towards VEE corporate finance.
http://eande.soa.org/vee/standardized-exams.html
Should a CPA be sufficient for accounting knowledge?
Should a JD suffice for law knowledge? or LLM for tax law?
Old Timer
08-19-2005, 04:05 PM
Should a CPA be sufficient for accounting knowledge?
Should a JD suffice for law knowledge? or LLM for tax law?
I don't think you could spike out the accounting stuff from the exams as it isn't an exam unto itself. The same would hold for the legal material.
twig93
08-19-2005, 07:54 PM
Some of that stuff currently gets you PD credits. CFA and CPA both get you some PD credits, and I think relevant PhD might also get you some. (Been a while since I've read up on PD as I now know I won't be getting PD.) Unfortunately my MBA gets me no PD credits. If I hadn't passed Course 2 prior to the transition it undoubtedly would have gotten me the finance & econ VEE credits. As it was, the finance & econ classes certainly helped me with those topics on the exam. (Although even so, interest theory - which I had never seen before - was still much easier than the finance & econ questions.)
Since they're doing away with PD (Bruce called it a "failed experiment" in another thread) and CAS never had PD (to my knowledge) I think right now it's just the VEE topics that you can fulfill by other means.
But having those credentials will make the road a lot easier - any prior knowledge in an area makes it a lot easier to pass the exams. At my company there is a PhD who passed every single exam on the first try. Even though the PhD technically earned no credit, all that knowledge certainly made it easier to pass the exams. Not many get through without a single failure!
Summer
11-05-2005, 12:35 PM
according to that list, you don't even need the cfa, just that you have passed the first 2 exams (there are 3 exams + 3 years work experience to get the designation of CFA).
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