Exam 5 Details
Below we’ll lay out everything you need to know for your 5 exam from registration details to exam day to what to do after you receive your results.
Prerequisites
Exams P and FM. Exam 5 assumes prior knowledge of these 2 exams. While you could technically take Exam 5 before P and/or FM, but it's a good idea to pass all jointly-administered exams before committing to the CAS track.
Exam 5 doesn't require that you pass MAS-I and MAS-II first. However, since your knowledge from P and FM will be beneficial for those exams, we recommend passing MAS-I and MAS-II before attempting Exam 5.
Additionally, Exam 5 is likely the first exam where you'll see constructed response and spreadsheet-style questions. Be sure to practice answering these question types thoroughly.
Exam Offerings
Exam 5 is offered twice a year, once in the Spring (late April/early May) and once in the Fall (late October/early November).
Exam Format
7 Different Exam Item Types, Computer-Based Testing Administered by Pearson VUE
Exam Duration
4 Hours + One 15-min Break
Registration Info
- Visit the CAS website's Exam Registration page.
- Register online before the registration deadline (you'll need to create a user account if you do not have one already).
- Alternatively, you can register by paper by filling out the form and mailing it to the CAS before the registration deadline.
- Choose your exam location. CAS examination centers are listed on the Exam Registration page of the CAS website.
Upcoming exam windows and registration deadlines
Apr 15, 2025
Register by Mar 25, 2025Refundable by Apr 1, 2025Oct 14, 2025
Exam Day and Results: Things To Keep In Mind
Don't forget your must-haves for exam day! Know what to bring and what to do after you pass the exam
What to Bring
- A government-issued photo ID that includes a signature
- Recommended Calculator: TI-30XS MultiView
(See Other Options)
Exam Results
You’ll receive your official final score approximately 8 weeks after your exam.
Passing candidate numbers will be emailed out between 2 PM to 3 PM Eastern Time on the day that they become available.
Several days after the email is distributed to candidates, a link to the list of passing candidates will be posted on the CAS website and candidates will receive the result in mail.
Passing the Exam
Exam 6 is the next suggested exam after passing Exam 5. You will also need to complete 3 CAS Data and Insurance Series Courses (DISCs) (previously Online Courses) if you have not already. If you have passed IFM, you are exempted from CAS DISC DA (Introduction to Data Analytics).
Expert Tips: Helpful insights from our coaches
Our coaches know this exam inside and out. Check out their expert tips for achieving a passing score.
The exam is highly focused on understanding relationships between different concepts. There are very few questions that will only require you to know a formula or process. Generally, you'll have to synthesize information from multiple different topics at once in order to solve problems.
Austin Wallestad Content Coach
Many problems require you to make a subjective decision. Often, there isn't just one correct answer. Choose an option and justify your decision by using concepts from the syllabus to back it up.
Kong Foo Pang Product Manager
Don't be afraid to skip questions. If a question is turning out to be move involved than you expected, you may want to jot down your thoughts and move on. Come back to it after you've attempted all the questions, if you have time.
Terence Chow VP of ProductDepending on how fast you naturally work, the exam can be kind of a time crunch. Focus on tackling problems that you're sure you can answer quickly and correctly first before moving on to more time-consuming problems.
Austin Wallestad Content Coach
Course Offerings: Topics and weights
Curriculum for Exam 5 will be posted soon.