You do not need a degree to become an actuary, though employers may be more likely to hire you if you have at least a bachelor's degree in actuarial science, statistics, business or mathematics.

Difficulty: For most people the CPA exams are easier than actuarial exams. Actuarial exams test more difficult concepts and get harder as the candidate progresses through them. Number of Exams: Actuaries need to pass 10 exams in order to be fully qualified, whereas accountants have to pass 4 exams within 18 months.

How much do actuary exams cost? The first 2 exams are $250 USD. Costs gradually increase to $1,125 USD as the exams get more and more advanced. Study material costs can range from $0 to $1,500+ depending on the exam and your choice of materials.