🇺🇸 United States · Actuarial

Associate of the Society of Actuaries (ASA/FSA) Syllabus

Actuarial credentialing track from the Society of Actuaries (SOA) via preliminary exams (P, FM, etc.) for life, health, and pension actuaries. The full Associate of the Society of Actuaries (ASA/FSA) syllabus: 8 subjects, 36 chapters, 115 topics and 262 sub-topics, with 448 flashcards written against it.

8Subjects
36Chapters
115Topics
262Sub-topics
448Flashcards

Associate of the Society of Actuaries (ASA/FSA) subjects

Associate of the Society of Actuaries (ASA/FSA) has 8 subjects. Each one is listed below with its chapters in syllabus order; open a subject for every topic and sub-topic inside them.

Exam P — Probability

4 chapters · 16 topics · 45 sub-topics · 56 flashcards

  1. Foundations of Probability · 5 topics
  2. Univariate Random Variables · 4 topics
  3. Common Distributions · 3 topics
  4. Multivariate Probability and Limit Theorems · 4 topics

Exam FM — Financial Mathematics

6 chapters · 19 topics · 45 sub-topics · 54 flashcards

  1. Time Value of Money · 3 topics
  2. Annuities and Cash Flow Valuation · 4 topics
  3. Loans and Amortization · 3 topics
  4. Bonds and Fixed-Income Securities · 3 topics
  5. Interest Rate Risk and Immunization · 3 topics
  6. Financial Derivatives and Risk Management · 3 topics

Exam FAM — Fundamentals of Actuarial Mathematics

5 chapters · 15 topics · 36 sub-topics · 50 flashcards

  1. Severity, Frequency, and Aggregate Models · 3 topics
  2. Coverage Modifications and Pricing · 3 topics
  3. Parametric Estimation and Credibility · 3 topics
  4. Survival Models and Life Contingencies · 3 topics
  5. Premiums and Reserves · 3 topics

Exam SRM — Statistics for Risk Modeling

5 chapters · 15 topics · 33 sub-topics · 62 flashcards

  1. Foundations of Statistical Learning · 3 topics
  2. Linear Models · 3 topics
  3. Generalized Linear Models · 3 topics
  4. Tree-Based and Other Predictive Methods · 3 topics
  5. Unsupervised Learning and Time Series · 3 topics

Exam PA — Predictive Analytics

4 chapters · 12 topics · 25 sub-topics · 66 flashcards

  1. Problem Definition and Data Preparation · 3 topics
  2. Feature Engineering and Variable Transformation · 3 topics
  3. Model Construction and Selection · 3 topics
  4. Interpretation and Communication · 3 topics

ALTAM — Advanced Long-Term Actuarial Mathematics

4 chapters · 12 topics · 25 sub-topics · 60 flashcards

  1. Multi-State and Multiple-Decrement Models · 3 topics
  2. Pension Mathematics and Retirement Benefits · 3 topics
  3. Profit Testing and Universal Life · 3 topics
  4. Health, Disability, and Long-Term Care Insurance · 3 topics

ASTAM — Advanced Short-Term Actuarial Mathematics

4 chapters · 12 topics · 26 sub-topics · 49 flashcards

  1. Advanced Loss and Aggregate Modeling · 3 topics
  2. Reinsurance and Coverage Modifications · 3 topics
  3. Credibility and Experience Rating · 3 topics
  4. Claims Reserving and Ratemaking · 3 topics

FSA Modules and Capstone Requirements

4 chapters · 14 topics · 27 sub-topics · 51 flashcards

  1. Validation by Educational Experience (VEE) · 3 topics
  2. ASA-Level Online Modules and Assessments · 3 topics
  3. FSA Specialty Tracks · 5 topics
  4. FSA Capstone: Decision Making and Communication · 3 topics

Associate of the Society of Actuaries (ASA/FSA) flashcards

448 question-and-answer cards across 8 subject decks, each shown in full on its subject page.

Associate of the Society of Actuaries (ASA/FSA) syllabus FAQ

What subjects are in the Associate of the Society of Actuaries (ASA/FSA) syllabus?

Associate of the Society of Actuaries (ASA/FSA) covers 8 subjects: Exam P — Probability, Exam FM — Financial Mathematics, Exam FAM — Fundamentals of Actuarial Mathematics, Exam SRM — Statistics for Risk Modeling, Exam PA — Predictive Analytics, ALTAM — Advanced Long-Term Actuarial Mathematics, ASTAM — Advanced Short-Term Actuarial Mathematics and FSA Modules and Capstone Requirements.

How many chapters and topics are in the Associate of the Society of Actuaries (ASA/FSA) syllabus?

36 chapters and 115 topics, broken down further into 262 sub-topics, across 8 subjects. Exam FM — Financial Mathematics is the largest subject, with 19 topics in 6 chapters.

Are there Associate of the Society of Actuaries (ASA/FSA) flashcards?

Yes — 448 question-and-answer flashcards in 8 subject decks. Each deck is printed in full on its subject page here, and the same cards are in the Examius app with spaced repetition. The free plan covers one exam of your choice, including its flashcards; Examius Pro, a one-time purchase, unlocks every other exam and deck.