I'll just quote from the CIA's Memo to Members on December 7, 2011.
The EEC and AC can today reveal that the following universities are accredited (listed in
alphabetical order):
Simon Fraser University;
Université du Québec à Montréal;
Université Laval;
University of Manitoba;
University of Regina;
University of Toronto;
University of Waterloo (undergraduate and graduate program courses); and
University of Western Ontario
I'll post more details about what this means in the future, but starting with the Fall 2012 Semester, students will be eligible for exemption from exams FM, MLC, MFE and C based on their results in U of R courses.
Good news!
ReplyDeleteDoes it mean people can get FCIA by skipping the above exams and get FSA through mutual recognition agreement between SOA and CIA?
Will
ReplyDeleteNot quite. So far they will be able to get the exemption to get an ACIA and FCIA (once they pass all other requirements). Mutual recognition from the SOA will take longer.
PD
Is the SOA recognising the exemptions? I couldn't tell from the CIA memo.
ReplyDeletePaul
ReplyDeleteNot yet, currently to get an ASA or FSA you need to pass the exams. We are working on mutual recognition of the ACIA and FCIA south of the border. They are doing the same thing with actuaries from Australia and the UK currently.
Peter