FSA Module Book List

Updated June 24, 2019

The SOA does not provide the required textbooks. Candidates are responsible for purchasing the books required for the FSA modules.

Corporate Finance and ERM (CFE)

Advanced Topics in CFE Module

ISBN

Van Putin, Alexander B., and Ian C. MacMillan. 2008. Unlocking Opportunities for Growth: How to Profit from Uncertainty While Limiting Your Risk. Pearson Prentice Hall.

978-0133012705

Hitt, Michael A., R. Duane Ireland and Robert E. Hoskisson. 2012. Strategic Management: Concepts and Cases. 12th Edition. Cengage Learning.

978-1305502147

 

Financial Reporting Module

ISBN

Lombardi, L.J. 2006. Valuation of Life Insurance Liabilities. Fourth Edition. ACTEX

978-1-56698-560-4

 

General Insurance

Applications of Statistical Techniques Module

ISBN

de Jong, P. and G. Heller. 2008. Generalized Linear Models for Insurance Data. Cambridge University Press.

978-0521879149

 

Group and Health

Health Economics

ISBN

Getzen, T. Health Economics and Financing, Fifth Edition, Hoboken: John Wiley & Sons, Inc.

978-1118184905

Skwire, D. Group Insurance. Seventh Edition, ACTEX (You may also use the Fifth or Sixth Edition)

978-1625426826

 

Health Foundations

ISBN

Duncan, Ian. 2014. Managing and Evaluating Healthcare Intervention Programs. Second Edition. ACTEX.

978-1625421128

Duncan, Ian. 2018. Healthcare Risk Adjustment and Predictive Modeling. Second Edition. ACTEX.

978-1635884159

 

Pricing, Reserving and Forecasting

ISBN

There are no required books. All readings are provided online.

 

 

Individual Life and Annuities

Introduction to ILA Module

ISBN

Bennett and Zultowski. 2014. The Art and Science of Life Insurance Distribution. ACTEX.

978-1625422118

Tiller and Tiller. Life, Health and Annuity Reinsurance. Fourth Edition. ACTEX.

978-1625424761

Claire, Lombardi and Summers. Statutory Valuation of Individual Life and Annuity Contracts. Fifth Edition. ACTEX.

978-1635884944

 

Regulation and Taxation Module

ISBN

McLean, B. and Nocera. J. 2011. All the Devils Are Here: The Hidden History of the Financial Crisis. Penguin Books Ltd.

978-1591844389

 

Quantitative Finance and Investment (QFI)

Financial Modeling Module

ISBN

McDonald, Robert L. 2013. Derivatives Markets. Third Edition. Prentice Hall.

978-0321543080

Klugman, Stuart. 2012. Understanding Actuarial Practice. Society of Actuaries

978-0975933756

Neftci, Salih N. 2014. An Introduction to the Mathematics of Financial Derivatives. Third Edition. Academic Press.

978-0123846822

 

Quantitative Finance and Investment (QFI)

Scenario Modeling

ISBN

International Actuarial Association. 2010. Stochastic Modeling Theory and Reality from an Actuarial Perspective. Ontario, Canada: International Actuarial Association.

978-0981396811

 

Retirement Benefits

Social Insurance Module

ISBN

Whiston and Cloone. Handbook of Canadian Pension and Benefit Plans, 2016. 16th Edition. LexisNexis.

978-0433489818

Szczepanski, M. and John A. Turner. 2014. Social Security and Pension Reform International Perspectives. W.E. Upjohn Institute.

978-0880994675

Skwire, D. Group Insurance. Seventh Edition, ACTEX (You may also use the Fifth or Sixth Edition)

978-1625426826

Yamamoto, D. 2014. Fundamentals of Retiree Group Benefits, Second Edition. ACTEX.

978-1625424839

Multiple Tracks

Enterprise Risk Management (ERM) Module

ISBN

There are no required books. All readings are provided online.

 

 

Financial Economics Module

ISBN

(1) Bodie, Zvi, Alex Kane, and Alan J. Marcus. 2014. Investments. 10th Edition. New York: McGraw-Hill-Irwin.

978-1259277177

(1) Bodie, Zvi, Alex Kane, and Alan J. Marcus. 2011. Student Solutions Manual to Accompany Investments. 10th Edition. New York: McGrawHill Irwin.

978-0077641917

(3) Hardy, M. 2003. Investment Guarantees — Modeling and Risk Management for Equity-Linked Life Insurance. Hoboken: John Wiley & Sons, Inc.

978-0471392903

   (1) Used by the RB, and GI tracks. (3) Used by the RB tracks.

 

 

Decision Making and Communication Module

ISBN

McKay, Matthew, Martha Davis, and Patrick Fanning. 2009. Messages: The Communication Skills Book. Third Edition. Oakland, CA: New Harbinger Publications, Inc

978-1572245921

Maruska, Don. 2004. How Great Decisions Get Made: 10 Easy Steps for Reaching Agreement on Even the Toughest Issues. New York: AMACOM.

978-0814473986