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  #1  
Old 03-15-2017, 05:09 AM
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Vanylla Vanylla is offline
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Default Clarification about transition to VEE - Math Stat and SRM Exam

I'm choosing which one to prioritize (Applied Stat or 4/C), and the transition rules aren't very clear to me.

Is this correct? If by July 2018, you have satisfied

1. VEE - Applied Stat + Exam 4/C ==> You get credit for both VEE - Math Stat and SRM Exam
2. VEE - Applied Stat only =====> You also get credit for both VEE - Math Stat and SRM Exam
3. Exam 4/C only =====> You get credit for VEE - Math Stat

#1 is of course true. The statement below supports #2 (but I heard otherwise in some old thread)

VEE Applied Statistics. This VEE topic will end on July 1, 2018. Any course(s) approved for this VEE will have their approval terminated on that date. Applied Statistics credit earned prior to that date can be claimed at any time. Under the transition rules, such credit then becomes credit for the new VEE Mathematical Statistics and the Statistics for Risk Modeling Exam.

The statement below makes me think Exam C is the only requirement for VEE - Math Stat (but again I'm not sure)

Candidates who do not earn this credit (VEE - Applied Statistics) prior to July 1, 2018 must pass the Statistics for Risk Modeling Exam and unless they have passed Exam C by July 1, 2018 will also be required to complete the VEE Mathematical Statistics requirement.
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Old 03-15-2017, 10:42 AM
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Vanylla,

A corrected version of what you wrote is below:

1. VEE - Applied Stat + Exam 4/C ==> You get credit for both VEE - Math Stat and SRM Exam and STAM Exam
2. VEE - Applied Stat only =====> You get credit for both VEE - Math Stat and SRM Exam
3. Exam 4/C only =====> You get credit for VEE - Math Stat and STAM Exam

You can look at a transition chart here: https://www.soa.org/Education/Genera...andidated.aspx

If you're interested in VEE Applied Stats. We offer a course here:
VEE Applied Stats

Best wishes for the transition!
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Old 03-16-2017, 05:02 AM
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That was helpful, Stephen.

I'm actually torn between Exam C and Exam S (which also satisfies the Applied Stats credit) because both are said to be really difficult. As I would like to satisfy both SOA and CAS requirements, it seems Exam S is the one that could kill two birds with one stone (but I had to make sure Exam C is not needed to get the VEE - Math Stat credit).

However if it proves hard for me to pass Exam S before the deadline, I'm also seriously considering going for the Actex VEE - Applied Stat, which is what everybody's recommending to me.

Thanks!
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Old 03-16-2017, 10:57 AM
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You might also look at the following document showing some of the changes to the CAS requirements for ACAS as well.

http://www.casact.org/cms/files/2018...quirements.pdf
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Old 03-17-2017, 01:51 AM
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......

This totally flew over my head. This means I need to pass Exam S before January and Exam C before July next year...

Thank you very much Vorian!
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Old 03-17-2017, 10:21 AM
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Vanylla,

It depends what you are looking to do. However, I wouldn't advise trying to pass both S and C, as eventually you will choose one path or the other, and there is no real benefit to having both. After January, S becomes Modern Actuarial Statistics - I, and will have a lot of crossover with S, and I don't believe they have confirmed, yet, that this would transition to VEE Applied Statistics credit; however, my bet is that it would, and you could check with the SOA to confirm if that would influence your decision.

If it helps your decision at all; if you take C on the SOA side, it gets you two for one in the transition -- LTAM and VEE Math Stats; if you take S on the CAS side, it fulfills one exam on the CAS side, and would fulfill the VEE Applied Stats on the SOA side.

Best,

Stephen
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Old 03-20-2017, 12:37 AM
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Quote:
Originally Posted by Stephen Camilli View Post
After January, S becomes Modern Actuarial Statistics - I, and will have a lot of crossover with S, and I don't believe they have confirmed, yet, that this would transition to VEE Applied Statistics credit; however, my bet is that it would, and you could check with the SOA to confirm if that would influence your decision.
It would be really nice if this happens. I'll keep my hopes up. In the end I decided to go for Exam C first, since I started reviewing for it early this year anyway.

Thanks for all the help.
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Old 03-05-2019, 10:59 AM
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Default VEE Applied Stat vs transition

Quote:
Originally Posted by Stephen Camilli View Post
Vanylla,

A corrected version of what you wrote is below:

1. VEE - Applied Stat + Exam 4/C ==> You get credit for both VEE - Math Stat and SRM Exam and STAM Exam
2. VEE - Applied Stat only =====> You get credit for both VEE - Math Stat and SRM Exam
3. Exam 4/C only =====> You get credit for VEE - Math Stat and STAM Exam

You can look at a transition chart here: https://www.soa.org/Education/Genera...andidated.aspx

If you're interested in VEE Applied Stats. We offer a course here:
VEE Applied Stats

Best wishes for the transition!
I understand that with VEE Applied Stat, you will earn Math Stat and Exam SRM. My question is: "Is the transition credit for Exam SRM automatic? or Do I need to apply for transition credit in Exam SRM while applying for VEE Applied Stat (Mathematical Statistics)?"
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Old 03-05-2019, 02:18 PM
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You do not need to apply for SRM credit, it is automatic. My understanding is that on your SOA syllabus, it will show up as VEE Applied Stats, and that it will count as both Math Stats and SRM.
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Old 03-05-2019, 02:47 PM
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Quote:
Originally Posted by Stephen Camilli View Post
You do not need to apply for SRM credit, it is automatic. My understanding is that on your SOA syllabus, it will show up as VEE Applied Stats, and that it will count as both Math Stats and SRM.
Great, thanks.
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