Actuarial Exams & Dates

2025 Exam Dates

CAS Data and Insurance Series Courses (DISCs)

Test Window

Exam Dates

Duration

Refund Deadline

January-March Jan. 15 – March 15 2 Hours* The fee for DISCs includes one attempt at the exam by CBT. No refund for a course is provided once the candidate has accessed the online course. If the candidate has not accessed the online course after payment has been made, the candidate may submit a request for a refund. The request must be submitted to the Customer Success Team at The Institutes (CustomerSuccess@TheInstitutes.org)

Refund credits are applied according to The Institutes cancellation policy. Contact The Institutes Customer Success Team at 800.644.2101 for more information.

April-June Apr. 15 – June 15
July-September July 15 – Sept. 15
October-December Oct. 15 – Dec. 15

* Candidates taking the virtual online courses will have 100 minutes to complete 75 application-based multiple-choice questions.

For more information on CAS Online Courses, please visit the CAS website.

 

CAS Exams MAS-I and MAS-II

Exam Sitting

Exam Dates

Duration

Registration Deadline

Refund Deadline

April April 21-30, 2025 4 Hours March 25, 2025 April 1, 2025
August August 4-11, 2025 July 14, 2025 July 21, 2025
October October 20-28, 2025 September 23, 2025 September 30, 2025

For more information about CAS exam registration, please visit the CAS website.*

 

Exam Name

CBT Dates

Paper/Pencil Dates

Registration Deadline

Exam P — Probability

This exam is used to obtain CAS Exam 1 credit.

January 13-24, 2025 January 13, 2025 December 11, 2024
March 14-25, 2025 None February 12, 2025
May 9-20, 2025 May 9, 2025 April 9, 2025
July 18-29, 2025 None June 18, 2025
September 11-22, 2025 September 11, 2025 August 13, 2025
November 3-14, 2025 None October 8, 2025

Exam FM — Financial Mathematics

This exam is used to obtain CAS Exam 2 credit.

February 6-17, 2025 February 6, 2025 January 8, 2025
April 3-24, 2025 None March 5, 2025
June 16-27, 2025 June 16, 2025 May 7, 2025
August 6-17, 2025 None July 9, 2025
October 2-13, 2025 October 2, 2025 September 3, 2025
December 1-12, 2025 None November 5, 2025

Exam P and FM are administered by the SOA.