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Associateship Professionalism Course (APC)

Remote Learning Solutions for APC and FAC

The Associateship Professionalism Course (APC) is the final requirement for the ASA designation and CERA credential. The APC covers professionalism, ethics and legal liability and makes extensive use of the case study method.

The SOA Board of Directors has approved the Canadian Institute of Actuaries' (CIA) Professionalism Course as a substitute for the APC. Therefore, Canadian candidates who attend the CIA course are not required take the SOA course. The CIA provides our Registrar with passing candidate data. For more information regarding the CIA course, please visit CIA-ICA.ca under calendar of meetings. 

Registration

All 2020 in-person APCs have been canceled. Participation in a remote APC will be by invitation only. You will be invited to register for an APC after you have completed all other ASA requirements. Candidates who have completed all ASA requirements except APC are given priority when invitations are sent. However, candidates with only one remaining requirement may be invited to register if space is available in a particular APC cohort.

Timing of invitations: Candidates already registered for an APC that has been canceled will be sent an invitation to transfer to a specific remote APC session. Invitations will be sent based on a priority order that takes into account the ASA requirements completed (giving priority to those with all other ASA requirements completed), when a candidate would be able to complete any remaining requirements and the candidate’s original APC registration month.

After currently registered candidates are assigned, invitations will be sent to other eligible candidates.

Registration Fee

The Registration fee for the course is USD 625.00

Remote Learning Sessions – What to Expect

The SOA offers the APC by remote learning to candidates around the world. Each APC will run over a month-long timeframe and will include two components – an online e-Learning component and a virtual meeting session component. Here is what to expect in the remote learning APC:

Component #1 – Candidates will be given access to an online e-Learning module that they complete on their own (estimated 3-4 hours).

  • The module will cover the Code of Professional Conduct, Standards of Practice, ethics and legal liability.
  • Candidates will have approximately 10-14 days to complete the online module.

Component #2 – Following your completion of the module, candidates will participate in a virtual case discussion where small groups of candidates and one facilitator will meet via a virtual meeting platform (estimated half-day in length).

  • Virtual sessions will include discussion of the ethics case studies.
  • Candidates will select a virtual session once access is opened for the module. Virtual session scheduling options will span a two-week period.

All candidates scheduled for a particular APC one-month cohort will receive credit for APC on the same day, at the end of the last week of the virtual sessions.

Candidates should sign-in to their virtual session 10 minutes prior to the session start time. Participants who are absent for more than 10 minutes will be required to repeat the entire course.

What is the Case Study Method?

The case study method is different from other types of teaching approaches in that it is based on actual business situations. After reading a case, participants are asked to participate in a discussion in order to analyze the situation and make recommendations for its solution.

Attire

Business casual attire is appropriate for the virtual sessions.

Cancellation Policy

All enrollment cancellations must be made in writing. Please send a message to apc@soa.org in order to obtain a refund of the registration fee, minus a cancellation fee of USD 150.00.

The Society of Actuaries has the right to cancel any of the APC sessions if conditions warrant. In the event of such cancellation, registration fees will be refunded. The Society of Actuaries will not be held liable for any cancellation fees assessed attendees.

APC inquiries may be directed to apc@soa.org