SOA – Waiver Rules and Application for Institute of Actuaries of India (IAI) exams
Institute of Actuaries of India (IAI)
|
Waivers from SOA Examination |
|
Core Statistics (CS1) or CT3 prior to 2019 |
Exam P and VEE Mathematical |
|
Core Mathematics (CM1) or CT1 prior to |
Exam FM |
|
Core Business Finance (CB1) or CT2 |
VEE Accounting and Finance |
|
Core Business Economics (CB2) or CT7 |
VEE Economics |
The waivers above will be granted as you begin the SOA exam pathway. All IAI Exams shown in the chart above are required to have been passed directly with the IAI or earned by exemption via the equivalent IFoA subject to be eligible to apply for waiver credit.
Any combination of one to all four waivers can be considered but the application fee for waiver credit will be the same.
There is a $100.00 USD application fee required to receive the waivers. The $100.00 USD fee will be charged after the waiver application is received and before the approval of the waivers.
The IAI waiver policy above is a standalone policy and therefore does not impact our existing policy of not accepting IFoA exemptions for waiver credit or mutual recognition if they are based on IAI Exams.
This program will be evaluated regularly to ensure consistencies between the associated exams.
For more information on the Society of Actuaries Waiver Rules for IAI Exams please contact iaiwaivers@soa.org