FCIA Module 2
The FCIA modules are a core educational requirement toward achieving the Fellow of the Canadian Institute of Actuaries (FCIA) designation.
FCIA Module 2 builds on the foundation established in FCIA Module 1. It combines theoretical knowledge and practical application, with the majority of learning focused on applied professional judgment and real‑world decision making.
The modules are designed to complement FCIA‑level examinations by developing professional competencies essential for actuarial practice in Canada. They are administered online via D2L Brightspace, a learning management system.
Together, the modules support the development of the professional actuarial competencies required of FCIAs in Canada. Holders of this designation have the knowledge, judgment and professionalism needed to apply actuarial principles in complex, real‑world settings.
Who should take FCIA Module 2
What you will learn
Requirements
- Pathway 1 and Pathway 2 participants completing FCIA examinations and modules.
- Pathway 3a and 3b participants.
- Other participants seeking continuing professional development credit by completing the FCIA modules.
Explore the full details on the Qualification Pathways or review this simplified version.
FCIA Module 2 focuses on professional considerations within the track‑specific practice environment and emphasizes how actuarial knowledge is applied in practice, particularly in situations requiring professional judgment, adherence to standards and effective communication.
Content varies by track, but FCIA Module 2 generally addresses topics such as:
- professional responsibilities and standards of practice
- legal and regulatory considerations
- governance
- risk management and mitigation
- financial reporting and taxation (where applicable)
- communication and organizational behaviour
While examples and applications are track‑specific, the learning objectives of FCIA Module 2 are common across all FCIA tracks. For detailed learning objectives, consult the FCIA syllabus for your chosen track.
A CIA Student or Candidate membership is required to register for CIA educational activities. If you are not a member, complete the free orientation module and apply to become a Student or Candidate member today.
There is no deadline to register for FCIA Module 2. Participants will have six months from the date of registration to complete the module.
Cancellation and refund policy
Cancellation requests submitted after registration but before logging in to the platform may be eligible for a refund. Send cancellation requests to education@cia-ica.ca. Refunds are subject to a $200 administrative fee.