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  #21  
Old 05-16-2013, 10:22 AM
secondlife secondlife is offline
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This is interesting.
Quote:
The SOA is in the process of seeking formal approval
from the appropriate U.S. and Canadian regulatory bodies. Similar explorations are being conducted in Asia.
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  #22  
Old 05-16-2013, 10:25 AM
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Links to the CAS website ........ that's pretty low.
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  #23  
Old 05-16-2013, 10:36 AM
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Originally Posted by TOTEM View Post
It is a slap in the face to the CAS that they are referencing CAS papers in the syllabus, with links to the CAS site!
You mean this paper

http://www.casact.org/pubs/proceed/proceed88/88049.pdf

Yes, they should have gotten somebody to write a study note "a guided tour to The mathematics ..." or may be they should have just refer to Exam C text. Looking integration as an area under a curve is a very challenging topic.
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  #24  
Old 05-16-2013, 10:51 AM
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Yeah, they've used that paper for other exams before
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  #25  
Old 05-16-2013, 11:04 AM
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This is again
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The SOA is in the process of seeking formal approval
from the appropriate U.S. and Canadian regulatory bodies. Similar explorations are being conducted in Asia.
That is CIA, but CIA has Canadian UAP in place. Looks like CIA has an upper hand now.
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  #26  
Old 05-16-2013, 02:50 PM
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Quote:
Originally Posted by campbell View Post
So syllabuses for FSA exams were put up today.

Let's see what we've got:

Intro to Ratemaking and Reserving
http://www.soa.org/education/exam-re...reserving.aspx

....and that's it.

direct link to syllabus
http://www.soa.org/Files/Edu/edu-201...ratemaking.pdf

Any thoughts from the knowledgeable?

I can comment from the point of view from other FSA tracks: dang, so lucky to have so few texts to be required.
mpc, did you get an email with this update or were you just checking on your own? I signed up for the emails but haven't received any yet...

We have no idea what the Friedland text is going to look like, so it may be few texts in number but many pages. The CAS exam 5 syllabus has only a handful of texts, but they include the basic ratemaking (Werner/Modlin) and reserving (Friedland) texts that summarize a bunch of older papers along with newer techniques.
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  #27  
Old 05-16-2013, 03:10 PM
Bernoulli Bernoulli is offline
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Aww, the text isn't online like the CAS ones.
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  #28  
Old 05-16-2013, 03:41 PM
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At the end of it all you will get exams identical to the CAS exams with a higher pass rate.
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  #29  
Old 05-16-2013, 03:50 PM
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At the end of it all you will get exams identical to the CAS exams with a higher pass rate.
Is that a bad thing if the SOA still adequately tests their candidates? Or do you believe the CAS exam committee is infallible in setting their barrier to entry at the correct level? The same committee that consistently screws up exam questions and asks material no longer on the syllabus. Granted, the SOA likely doesn't have a better track record, but that should be enough to show that neither society has the perfect exam system nor is either the authority for setting the appropriate bar of competence.
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  #30  
Old 05-17-2013, 05:28 AM
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Quote:
Originally Posted by Corn Row View Post
The FSA-GI will essentially be a bit more advanced than the ACAS education since it will be the ACAS requirements plus one exam (ERM or advanced topics).
So the FSA GI Fellow will be less comprehensively educated/tested in P&C compared to the CAS GI Fellow - a lesser GI credential? This is my objection to SOA doing it this way. Why would P&C companies hire FSA GI Fellows (or support that track) when CAS Fellows have a broader, deeper knowledge base? I guess we have to see what is in the GI advanced exam but I don't think it will cover CAS 6, 7 and 8.

Mary Pat, from first glance at the 'refined' SOA tracks, I think CFIC and CFIA appear to be more coherent and up to date on what is happening in quant modelling. The SDM looks to be all over the place. There is some fairly dodgy new (and old!) reading material on there for an advanced exam, IMO.
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