Membership & Education
 
 

Requirements for each track – PEC 2018

Eligibility for Attendance and Track selection at the Practice Education Course (PEC)

Material required by the CIA education syllabus for which formal examination or assessment exists will not be evaluated at PEC 2018.

Attendance will be restricted to candidates who have completed sufficient advanced education and who have accumulated at least two years’ work experience (including co-op time) to be able to participate fully.

 - PEC candidates will be required to select a PEC track based either on their educational background, or  upon evidence, certified by a Fellow, of at least two years of track-relevant experience at the time of    application, which can either be accrued in Canada, or in their country of origin, or some combination thereof. All candidates must have two years of certified experience, and the experience must be relevant to the PEC Track only if it does not match the educational background; and

 - Successful completion of a minimum number of examinations as outlined below:

Conventional Route

Mutual Recognition Agreement (MRA) or Affiliate Route

Preliminary Education

Credit for Exams P, FM, MFE, MLC, and C, VEE credit for Economics, Finance and Statistics, completion of FAP requirements (eight FAP modules and both the interim and final assessments).

Credit for preliminary education obtained through MRA or Affiliate status.

Fellow-level education

Credit for one track-specific SOA exam:

FIN PEC Track: No exam required if another Fellowship track is complete (including Canadian exams) and two-years of relevant experience to the FIN track.

FIN PEC Track: Exams QFICOR, QFIADV, ERMGC, CFEFD, or CFESDM.

ILA PEC Track: Exam ILALFVC.

RET PEC Track: Exam RETFRC.

GRP PEC Track: GHCORC and CIA Group Benefits Exam.

Credit for one track-specific SOA exam:

FIN PEC Track: no exam required.

ILA PEC Track: ILALVC.

RET PEC Track: RETFRC.

GRP PEC Track: GHCORC and CIA Group Benefits Exam.

 

Experience

All candidates must have at least two years of experience. The experience must be relevant to the PEC Track only if it does not match the educational background.

All candidates must have at least two years of experience. The experience must be relevant to the PEC Track only if it does not match the educational background.