Learn everything you need to know about the 2018 ASA and ACAS Requirement Changes.
The SOA will be changing most of their ASA requirements starting July 1st, 2018. Other than the previous-announced FM syllabus that began in summer 2017, P and FM will remain mostly unchanged. Below is a detailed summary of the expected changes for each exam or requirement.
Don't worry, keep focusing on your exams. As per the table outlining the SOA transition rules, passing current exams now will give you transition credit for their replacement exams after 7/1/2018. For example, passing MFE will give you credit for IFM. Some exceptions or special outliers include:
If you take any of the current exams before 7/1/2018 and get your pass/fail results after the transition deadline, you will not be able to earn your ASA designation with the credit you have, but you will earn transition credit for the new replacement exams, as outlined in the SOA's transition rules.
We've got some recommendations based on where you are on your ASA journey.
The structure of FAP Modules will remain unchanged. However, there is a possibility that a small number of topics will be adjusted as the curriculum is developed.