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actuary:vee

When you search the VEE directory for approved courses on the SOA website, please look for the page “State University of New York - Binghamton” instead of “Binghamton University”.

VEE Requirements

The actuarial societies allow to have requirements to be validated by educational experience. There are three subjects in VEE requirements:

  • Mathematical Statistics
  • Accounting and Finance
  • Economics

Currently, the following series of Binghamton courses can be used to satisfy VEE requirements. The updated information can be checked at VEE Directory of Approved Courses and Alternate Options.

Binghamton VEE courses

  • Economics. Both components below must be covered.
    1. Microeconomics component: by ECON 160, 360, or 500.
    2. Macroeconomics component: by ECON 162, 362, or 501.
  • Mathematical Statistics
    1. By MATH 448, or 502
  • Accounting and Finance
    1. Accounting component: by ACCT 211
    2. Finance component: by FIN 311

If a student cannot get enough VEE credits while in college, he/she can use standardized examinations or other educational experiences to get the credits. A list of accepted approaches is on the SOA website, such as Chartered Financial Analyst (CFA) Exams, Global Association of Risk Professions (GARP) FRM Exam, online courses, and so on.

Students should be reminded that the most important factor for being hired as an actuary in an entry-level position is to pass the first two actuarial exams (P/1 and FM/2). Taking courses to fulfill the VEE requirements should not be placed as a first priority.

actuary/vee.txt · Last modified: 2021/08/26 14:48 by qiao