Originally Posted by thekang
An actuarial degree in the US is still supposed to prepare you for all the preliminary exams (whether it works or not is another matter).
I wouldn't say this is necessarily true. From what I've seen it's very common for actuarial programs to only have required coursework related to maybe three exams (thinking P, FM, MLC). There might be electives for other exams but not required as part of the major/not necessarily the norm to take. Many actuarial programs are only really meant to prep you for two or three exams, along with some general finance/business/math/economics/insurance knowledge. It's very rare that people come out of college having learned most of the material for the preliminary exams already.