[[Actuarial Notes Wiki|Wiki]] / [[Actuarial Certifications]] / [[Casualty Actuarial Society (CAS)]] / **Associate of the Casualty Actuarial Society (ACAS)** ## ACAS Study Guide An ACAS is an associate-level actuarial credential, earned by passing a series of preliminary exams and online courses. > [!example]- Exam Schedule {2026} > > <div class="highlight-upcoming" data-date-col="0"></div> > > Dates (2026) | Exams > -|- > Jan 28 - Feb 3 | MAS-1, MAS-II > Apr 14 - Apr 21 | 5, 6C, 6U, 7, 8, 9 > Apr 22 - May 1 | MAS-I, MAS-II > Jul 29 - Aug 4 | MAS-I, MAS-II > Oct 19 - Oct 27 | 5, 6C, 6I, 6U, 7, 8, 9 > Oct 28 - Nov 5 | MAS-I, MAS-II > > - [CAS Announces 2026 Exam Schedule](https://www.casact.org/article/cas-announces-2026-exam-schedule) ### Requirements **As of 2026**, the following requirements must be met to be officially recognized as an **Associate of the Casualty Actuarial Society (ACAS)**: #### Validation by Educational Experience (VEE) <section class="exam-links"> <a class="exam-link exam-link--sky internal-link" href="..."> <span class="exam-code">VEE Economics</span><span class="exam-name"></span> </a> <a class="exam-link exam-link--sky internal-link" href="..."> <span class="exam-code">VEE Accounting and Finance</span><span class="exam-name"></span></section> #### Preliminary Exams <section class="exam-links"> <a class="exam-link exam-link--blue internal-link" href="Exam P-1 (SOA)"> <span class="exam-code">P-1</span><span class="exam-name">Probability</span> </a> <a class="exam-link exam-link--indigo internal-link" href="Exam FM-2 (SOA)"> <span class="exam-code">FM-2</span><span class="exam-name">Financial Math</span> </a></section> #### CAS Data and Insurance Series Courses (DISCs) <section class="exam-links"> <a class="exam-link exam-link--fuchsia internal-link" href="..."> <span class="exam-code">CAS DISC IA</span><span class="exam-name">Insurance Accounting</span> </a> <a class="exam-link exam-link--fuchsia internal-link" href="..."> <span class="exam-code">CAS DISC DA</span><span class="exam-name">Data & Analytics</span> </a> <a class="exam-link exam-link--fuchsia internal-link" href="DISC RM (CAS)"> <span class="exam-code">CAS DISC RM</span><span class="exam-name">Risk Management</span> </a></section> #### Exams and Projects <section class="exam-links"> <a class="exam-link exam-link--violet internal-link" href="Exam MAS-I (CAS)"> <span class="exam-code">MAS-I</span><span class="exam-name">Modern Actuarial Statistics</span> </a> <a class="exam-link exam-link--violet internal-link" href="Exam MAS-II (CAS)"> <span class="exam-code">MAS-II</span><span class="exam-name">Modern Actuarial Statistics</span> </a> <a class="exam-link exam-link--pink internal-link" href="Exam 5 (CAS)"> <span class="exam-code">Exam 5</span><span class="exam-name">Ratemaking and Reserving</span> </a> <a class="exam-link exam-link--rose internal-link" href="Exam PCPA (CAS)"> <span class="exam-code">PCPA</span><span class="exam-name">Predictive Analytics</span> </a> <a class="exam-link exam-link--orange internal-link" href="Exam 6 (CAS)"> <span class="exam-code">Exam 6</span><span class="exam-name">Regulation and Financial Reporting</span> </section> #### Ethics and Professionalism <section class="exam-links"> <a class="exam-link exam-link--slate internal-link" href="..."> <span class="exam-code">APC</span><span class="exam-name">Associate Professionalism Course</span> </a> </section> ### Becoming a Fellow Associates can continue their education to become a [[Fellow of the Casualty Actuarial Society (FCAS)]]. <section class="exam-links"> <a class="exam-link exam-link--darkblue internal-link" href="Exams/Certifications/Fellow of the Casualty Actuarial Society (FCAS)"> <span class="exam-code">★ FCAS Exams</span><span class="exam-name">Fellow</span> </a> </section>