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An undergraduate actuarial science program's main objective is to equip students to excel in SOA and CAS actuarial examinations while fulfilling the three validation by education experience (VEE) prerequisites. For instance, at an SOA-recognized Center of Actuarial Excellence, coursework typically covers all three VEE topics and four out of the initial five actuarial tests.
WSU's actuarial science track requires students to fulfill core mathematics coursework as part of the math major requirements. This program aims to enable students to satisfy all three VEE components and get ready for the first two actuarial examinations (meaning students could potentially pass these tests through independent study rather than mandatory classes). Those with strong mathematical foundations often succeed in later actuarial exams, whether through self-directed learning or further education. Keep in mind that exam advancement is likely the most crucial factor for entry-level applicants. Prospective hires should ideally complete two exams to be competitive, though candidates with one exam and outstanding internship experience may be equally attractive as those with two exams but no practical exposure. The industry typically advises against completing more than three exams without gaining professional experience.