Actuarial Exams & Dates
2025 Exam Dates
CAS Data and Insurance Series Courses (DISCs) |
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Test Window |
Exam Dates |
Duration |
Refund Deadline |
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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. |
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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 |
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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 |
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Exam P — ProbabilityThis 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 MathematicsThis 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.