Choosing the right sequence to tackle the Society of Actuaries (SOA) Preliminary Exams is crucial if you want to accelerate your path to the Associate of the Society of Actuaries (ASA) certification in 2025. The Preliminary Exams form the foundation of your actuarial credentials, so optimizing the order and timing of these exams can save you months, or even years, while helping maintain your sanity during the study grind.

First, it helps to understand the core exams you’ll face on the way to ASA certification. The typical SOA preliminary exams include Exam P (Probability), Exam FM (Financial Mathematics), Exam IFM (Investment and Financial Markets), Exam LTAM (Long-Term Actuarial Mathematics), Exam STAM (Short-Term Actuarial Mathematics), and Exam SRM (Statistics for Risk Modeling). Alongside these, you’ll complete Validation by Educational Experience (VEE) credits in economics, corporate finance, and applied statistics, which usually come from college coursework or approved alternatives.