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Casualty Actuarial Society (CAS) Exams Exam code Exam title Introduced Preceded by Ceased Superseded by SOA eqv. 1: Probability: 2005: Exam 1 (2000) Current exam: P: 2: Financial Mathematics: 2005: Exam 2 (2000) Current exam: FM: MAS-I: Modern Actuarial Statistics I: 2018: Exam S Current exam — MAS-II: Modern Actuarial Statistics II: 2018 ...
The CAS requires all candidates to qualify through a series of actuarial exams covering various aspects of actuarial practice. Passing Exams 1–6 as well as Exam S, the Course on Professionalism, the Validation by Educational Experience (VEE), and two online courses qualifies an actuary for the Associateship designation; passing three additional exams is required to become a Fellow. [10]
Another example is the use of actuarial models to assess the risk of sex offense recidivism. Actuarial models and associated tables, such as the MnSOST-R, Static-99, and SORAG, have been used since the late 1990s to determine the likelihood that a sex offender will re-offend and thus whether he or she should be institutionalized or set free. [9]
The Society of Actuaries (SOA) is a global professional organization for actuaries.It was founded in 1949 as the merger of two major actuarial organizations in the United States: the Actuarial Society of America and the American Institute of Actuaries. [1]
Consequently, exam candidates typically spend large amounts of time preparing for the exam. [6] Exam pass rates vary by discipline module and test date, for the April 2010 exam, the pass rates for first time test takers ranged from 85% (Naval Architecture) to 46% (Structural I). The pass rates for repeat test takers is considerably lower. [7]
Mechanical testing covers a wide range of tests, which can be divided broadly into two types: those that aim to determine a material's mechanical properties, independent of geometry. [1] those that determine the response of a structure to a given action, e.g. testing of composite beams, aircraft structures to destruction, etc.
The Wiesen Test of Mechanical Aptitude (WTMA) is among the most popular mechanical reasoning tests and is considered very reliable. [1] The WTMA is a 30 minute, sixty-question test used to measure mechanical aptitude. It is used for employment testing of job applicants and to help select vocational education students. The WTMA assesses broad ...
The Wiesen Test of Mechanical Aptitude was designed with the intent to create an evolution of previous tests that helps to improve the shortcomings of these earlier mechanical aptitude tests, such as the Bennett Test of Mechanical Comprehension. This test was reorganized in order to lessen certain gender and racial biases. The reading level ...