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actuary:vee [2014/06/06 23:25] qiaoactuary:vee [2021/08/26 18:48] (current) qiao
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 +~~META:title=VEE~~
  
 +<WRAP center round important 60%>
 +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".
 +</WRAP>
 +
 +
 +===== 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 [[https://www.soa.org/education/exam-req/instructions-for-vee-directory/|VEE Directory of Approved Courses and Alternate Options]].
 +
 +==== Binghamton VEE courses ====
 +    * Economics. //Both components below must be covered.//
 +         - Microeconomics component: by ECON 160, 360, or 500.
 +         - Macroeconomics component: by ECON 162, 362, or 501.
 +    * Mathematical Statistics
 +         - By MATH 448, or 502
 +    * Accounting and Finance
 +         - Accounting component: by ACCT 211
 +         - 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). <wrap hi>Taking courses to fulfill the VEE requirements should not be placed as a first priority.</wrap>