Announcement: SOA congratulates the new ASAs and CERAs for May 2024.

Fall 2024 FSA Exam Book List

View the FSA Exam booklist below, organized by FSA track.

Corporate Finance and ERM (CFE) Track
General Insurance (GI) Track
Group and Health (GH) Track
Individual Life and Annuities (ILA) Track
Quantitative Finance and Investment (QFI) Track
Retirement Benefits (RET) Track

Corporate Finance and ERM (CFE) Track

Enterprise Risk Management (ERM) Exam	ISBN #
Financial Enterprise Risk Management, Sweeting, P., Second Edition, 2017, Cambridge Univ Press	978-1-107-18461-9
Quantitative Enterprise Risk Management, Hardy, M., Saunders, J., 2022 Cambridge University Press, ERRATA	9781009098465 9781009089470

Foundations of Corporate Finance and ERM (CFEFD) Exam	ISBN #
Accounting for Decision Making and Control, Zimmerman, J., 10th Edition, 2020, McGraw-Hill Education	978-1259969492 9781260480962
Fundamentals of Machine Learning for Predictive Data Analytics, Kelleher, J., Second Edition, 2020, Massachusetts Institute of Technology	978-0-262-044691
Implementing Enterprise Risk Management: From Methods to Applications, Lam, J., 2017 John Wiley & Sons, Inc	978-0471745198
International Financial Statement Analysis, Robinson, T., Fourth Edition, 2020 John Wiley & Sons, Inc.	978-1-119628057
Measuring Market Risk, Dowd, K. Second Edition, 2005, John Wiley & Sons	978-0-47001-303-8
Managing Business Process Flows: Principles of Operations Management, Anupindi, R., Chopra,S., et. al. Third Edition, 2012, Pearson Education	978-0-13603-637-1
Valuation: Measuring and Managing the Value of Companies, Koller, T., et el, Seventh Edition, 2020 Wiley	978-1119611868

Strategic Decision Making (CFESDM) Exam	ISBN #
Data, Models, and Decisions: The Fundamentals of Management Science, Bertsimas, D., Freund, R., 2004, Dynamic Ideas	0-9759146-0-X
Strategic Management: Competitiveness & Globalization Concepts, Hitt, M, Ireland, R.D., Hoskisson, R., Fourteenth Edition 2023, Cengage Learning (candidates may also use 13^th edition)	9780357716762
Understanding Michael Porter: The Essential Guide to Competition and Strategy, Magretta, J., 2012 Harvard Business Review Press	978-1-4221-6059-6
Damodaran on Valuation, Damodaran, Second Edition 2006, John Wiley & Sons	978-0-471-75121-2
Business Dynamics, Sterman, J. 2000, McGraw-Hill Higher Education	978-0072389159 978-0072311358
Handbook of Budgeting, Lalli, W.R., Sixth Edition, 2012, John Wiley & Sons	978-0-470-92045-9 978-1-118-17061-8
Valuation: Measuring and Managing the Value of Companies, Koller, T., Goedhart, M., Wessels, D., 7^th Edition, 2020 Wiley Finance	978-1119611868

General Insurance (GI) Track

Introduction to General Insurance (GIINT) Exam	ISBN #
Introduction to General Insurance, Volume 1: Insurance Company Operations, special SOA edition 2020, The Institutes	978-0-89462-447-6 (SOA102)
Introduction to General Insurance, Volume 2: Personal and Commercial Coverage, special SOA edition 2020, The Institutes	978-0-89462-447-6 (SOA103)

Ratemaking and Reserving (GIRR) Exam	ISBN #
Fundamentals of General Insurance Actuarial Analysis, Friedland, J., Second Edition 2021, Society of Actuaries (available from ACTEX Publication/Mad River Books and The Actuarial Bookstore) [Candidates may also use First Edition, 2013 with 2019 Supplement]	978-0-9913363-2-6

Financial and Regulatory Environment (GIFREU) Exam	ISBN #
General Insurance Financial Reporting Topics, Society of Actuaries, Fifth Edition-2021 (Available from ACTEX Publication/Mad River Books and The Actuarial Bookstore) ERRATA	978-0-9913363-3-3
Insurance Regulation, Porter, K., The Institutes, 1st Edition, 2008 (IR 201)

Advanced Topics in General Insurance (GIADV) Exam	ISBN #
Fundamentals of General Insurance Actuarial Analysis, Friedland, J., Second Edition 2021, Society of Actuaries (available from ACTEX Publication/Mad River Books and The Actuarial Bookstore) [Candidates may also use First Edition, 2013 with 2019 Supplement]	978-0-9913363-2-6

Group and Health (GH) Track

Group and Health Design and Pricing (GHDP) Exam	ISBN #
Group Insurance, Skwire, Eighth Edition, 2021, ACTEX	978-1-64756-350-9
Insuring Long-Term Care, Eaton, R., et al, 2022, ACTEX	978-1-64756-867-2
Individual Health Insurance, Bluhm/Leida, Second Edition, 2015, ACTEX ERRATA	978-1-62542-484-6

Group and Health Valuation and Regulation (GHVRC) Exam – Canada	ISBN #
Group Insurance, Skwire, Eighth Edition, 2021, ACTEX	978-1-64756-350-9
Canadian Insurance Taxation, Swales, et. al., PriceWaterhouseCoopers, Fourth Edition, 2015, LexisNexis	978-0-43348-532-2
Morneau Shepell Handbook of Canadian Pension & Benefit Plans, Seventeenth Edition, 2020, LexisNexis	978-0-433-506997

Group and Health Valuation and Regulation (GHVRU) Exam – U.S.	ISBN #
Group Insurance, Skwire, Eighth Edition, 2021, ACTEX	978-1-64756-350-9

Group and Health Risk Mitigation (GHRM) Exam	ISBN #
Healthcare Risk Adjustment and Predictive Modeling, Duncan, I., Second Edition, 2018, ACTEX ERRATA	978-1-63588-413-5
Managing and Evaluating Healthcare Intervention Programs, Duncan, I., Second Edition, 2014, ACTEX ERRATA	978-1-62542-112-8

Individual Life and Annuities (ILA) Track

Life Product Management (ILALPM) Exam	ISBN #
Life, Health & Annuity Reinsurance, Tiller, John E. and Tiller, Denise, Fourth Edition, 2015, ACTEX Publications	978-1-62542-476-1

Life Financial Management (ILALFMC) Exam – Canada	ISBN #
Canadian Insurance Taxation, Swales, et. al., PriceWaterhouseCoopers, Fourth Edition, 2015, LexisNexis	978-0-43348-532-2

Life Financial Management (ILALFMU) Exam – U.S.	ISBN #
Statutory Valuation of Individual Life and Annuity Contracts, Claire, D., Lombardi, L., Summers, S., Fifth Edition, Volumes I & II, 2018, ACTEX Learning ERRATA	978-1-63588-543-9

Life ALM and Modeling (ILALAM) Exam	ISBN #
Investment Guarantees, Hardy, Mary, 2003, John Wiley & Sons ERRATA	978-0-47139-290-3
Handbook of Fixed Income Securities, Fabozzi, F.J., Ninth Edition, 2021, McGraw- Hill	978-1260473896
Managing Investment Portfolios: A Dynamic Process, Maginn, J.L., Tuttle, D.L., Third Edition, 2007, John Wiley & Sons	978-0-47008-014-6 9781118364024 9780470117163

Quantitative Finance and Investment (QFI) Track

Quantitative Finance and Investment Quantitative Finance (QFIQF) Exam	ISBN #
An Introduction to the Mathematics of Financial Derivatives, Hirsa, Ali and Neftci, Salih N., Third Edition, Second Printing 2014, Academic Press, Second Printing ERRATA	978-0-12-384682-2
Fixed Income Securities, Veronesi,P., 2010, John Wiley & Sons, ERRATA	978-0-470-10910-6
Problems & Solutions in Mathematical Finance, Chin, Nel, & Olafsson, Volume 1, 2014, John Wiley & Sons, ERRATA	978-1-119-96583-1
The Volatility Smile, Derman, E., Miller, B., 2016, John Wiley & Sons	978-1-118-95916-9

Quantitative Finance and Investment Portfolio Management (QFIPM) Exam	ISBN #
Managing Investment Portfolios: A Dynamic Process, Maginn, J.L., Tuttle, D.L., Third Edition, 2007, John Wiley & Sons	978-0-47008-014-6 9781118364024 9780470117163
Commercial Real Estate Analysis and Investments, Miller & Geltner, 2014,Third Edition, OnCourse Learning Publishing	978-1-133-10882-5
Handbook of Fixed Income Securities, Fabozzi, F.J., Ninth Edition, 2021, McGraw- Hill	978-1260473896
The Handbook of Credit Risk Management, Boueille and Coogan-Pushner, Second Edition, 2022, John Wiley & Sons	978-1-119-83563-9
Handbook of Alternative Assets, Anson, M, Second Edition, 2006, John Wiley & Sons	978-0-471-98020-9
Leveraged Finance, Antczak, S., Lucas, D., Fabozzi, F., 2009, John Wiley & Sons	978-0-470-50370-6
Fixed Income Securities, Veronesi,P., 2010, John Wiley & Sons, ERRATA	978-0-470-10910-6

Quantitative Finance and Investment Investment Risk Management (QFIIRM) Exam	ISBN #
Financial Enterprise Risk Management, Sweeting, P., Second Edition, 2017, Cambridge University Press	978-1-107-18461-9
The Top Ten Operational Risks: A Survival Guide for Investment Management Firms and Hedge Funds, Miller and Lawton, 2010, Stone House Consulting, LLC	978-1456367879
Handbook of Fixed Income Securities, Fabozzi, F.J., Ninth Edition, 2021, McGraw- Hill	978-1260473896
Fixed Income Securities, Veronesi,P., 2010, John Wiley & Sons, ERRATA	978-0-470-10910-6
Investment Risk Management, Baker, H.K., Filbeck, G., 2015, Oxford University Press	978-0-19-933196-3
Credit Risk Modeling, Bolder, D., 2018, Springer International Publishing	978-3-319-94687-0 978-3-319-94688-7
Quantitative Enterprise Risk Management, Hardy, M., Saunders, J., 2022 Cambridge University Press, ERRATA	9781009098465 9781009089470
Investment Ethics, Peck, S., 2011, John Wiley & Sons	978-0-470-43453-6

Retirement Benefits (RET) Track

Funding and Regulation (RETFRC) Exam – Canada	ISBN #
Pension Mathematics for Actuaries, Anderson, A., Third Edition, 2006, ACTEX ERRATA	978-1-56698-559-8
Morneau Shepell Handbook of Canadian Pension and Benefit Plans, Seventeenth Edition, 2020, LexisNexis	978-0-433-506997
Canadian Pensions and Retirement Income Planning, Willis Towers Watson, Sixth Edition, 2017, LexisNexis	978-0-433-49105-7

Design and Accounting (RETDAC) Exam – Canada	ISBN #
Retirement Plans: 401(k)s, IRAs, and Other Deferred Compensation Approaches, Allen, et. al., Twelfth Edition, 2018, McGraw Hill	781-1-259-72067-3
Fundamentals of Private Pensions, McGill, et. al., Ninth Edition, 2010, Oxford University Press	978-0-19954-451-6
Fundamentals of Retiree Group Benefits, Yamamoto, D.H., Second Edition, 2015, ACTEX	978-1-62542-483-9
Morneau Shepell Handbook of Canadian Pension & Benefit Plans, LexisNexis, Seventeenth Edition, 2020	978-0433506997
Canadian Pensions and Retirement Income Planning, LexisNexis, Sixth Edition, 2017	978-0-433-49105-7

Design and Accounting (RETDAU) Exam – U.S.	ISBN #
Retirement Plans: 401(k)s, IRAs, and Other Deferred Compensation Approaches, Allen, et. al., Twelfth Edition, 2018, McGraw Hill	781-1-259-72067-3
Fundamentals of Private Pensions, McGill, et. al., Ninth Edition, 2010, Oxford University Press	978-0-19954-451-6
Morneau Shepell Handbook of Canadian Pension & Benefit Plans, LexisNexis, Seventeenth Edition, 2020	978-0433506997
Fundamentals of Retiree Group Benefits, Yamamoto, D.H., Second Edition, 2015, ACTEX	978-1-62542-483-9

Retirement Plan Investment and Risk Management (RETRPIRM) Exam	ISBN #
Modern Investment Management: An Equilibrium Approach, Litterman, R, 2003, John Wiley & Sons	978-0-47112-410-8
Fundamentals of Private Pensions, McGill, et. al., Ninth Edition, 2010, Oxford University Press	978-0-19954-451-6
Morneau Shepell Handbook of Canadian Pension and Benefit Plans, Seventeenth Edition, 2020, LexisNexis	978-0-433-506997