The Actuarial Education Company - ActEd behalf of the Institute and Faculty of Actuaries Student...
Transcript of The Actuarial Education Company - ActEd behalf of the Institute and Faculty of Actuaries Student...
on behalf of the Institute and Faculty of Actuaries
Student Brochure for the 2015 exams
The Actuarial Education Company
Core Technical Subjects
Core Application Subjects
Specialist Technical Subjects
Specialist Application Subjects
CT1 Financial Mathematics
CT2 Finance and Financial Reporting
CT3 Probability and Mathematical Statistics
CT4 Models
CT5 Contingencies
CT6 Statistical Methods
CT7 Business Economics
CT8 Financial Economics
CT9 Business Awareness Module (BAM)
CA1 Actuarial Risk Management
CA2 Model Documentation, Analysis and Reporting
CA3 Communications
ST1 Health and Care
ST2 Life Insurance
ST4 Pensions and Other Benefits
ST5 Finance and Investment A
ST6 Finance and Investment B
ST7 General Insurance - Reserving and Capital Modelling
ST8 General Insurance - Pricing
ST9 Enterprise Risk Management
SA1 Health and Care (UK)
SA2 Life Insurance (UK)
SA3 General Insurance (UK)
SA4 Pensions and Other Benefits (UK)
SA5 Finance (UK)
SA6 Investment (UK)
There is one paper in each of Subjects
CT1–CT8. Subject CT9 consists of
internet-based study, attendance at a
two-day course and internet-based
assessment. Please refer to the IFoA
website for more details.
All CT and CA subjects are
compulsory although you may be
exempt from one or more subjects
depending on your previous studies.
There are two papers in Subject CA1.
Assessment in Subjects CA2 and CA3
takes place via a face-to-face or online
Practical Exam. Please refer to the IFoA
website for more details.
There is one paper in each of Subjects
ST1-ST9 and SA1-SA6.
Students are required to take two
subjects only from ST1–ST9.
Students are required to take one
subject only from SA1–SA6.
The IFoA recommends that every UK-
based student taking a Specialist
Applications paper takes the relevant
UK Practice Module at the same time.
Please refer to the IFoA website for
more details.
All aspects of the examination process are the direct responsibility of the Institute and Faculty of Actuaries. You are advised to read the
Student Handbook issued by the IFoA for further information on the examinations or visit its website at www.actuaries.org.uk.
Your journey through the Fellowship examinations
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Core Technical Subjects
Core Application Subjects
Specialist Technical Subjects
Specialist Application Subjects
CT1 Financial Mathematics CT2 Finance and Financial Reporting CT3 Probability and Mathematical Statistics CT4 Models CT5 Contingencies CT6 Statistical Methods CT7 Business Economics CT8 Financial Economics CT9 Business Awareness Module (BAM)
CA1 Actuarial Risk Management CA2 Model Documentation, Analysis and Reporting CA3 Communications
ST1 Health and Care ST2 Life Insurance ST4 Pensions and Other Benefits ST5 Finance and Investment A ST6 Finance and Investment B ST7 General Insurance - Reserving and Capital Modelling ST8 General Insurance - Pricing ST9 Enterprise Risk Management
SA1 Health and Care (UK) SA2 Life Insurance (UK) SA3 General Insurance (UK) SA4 Pensions and Other Benefits (UK) SA5 Finance (UK) SA6 Investment (UK)
There is one paper in each of Subjects CT1–CT8. Subject CT9 consists of internet-based study, attendance at a two-day course and internet-based
assessment. Please refer to the IFoA website for more details.
All CT and CA subjects are compulsory although you may be
exempt from one or more subjects depending on your previous studies.
There are two papers in Subject CA1. Assessment in Subjects CA2 and CA3 takes place via a face-to-face or online
Practical Exam. Please refer to the IFoA website for more details.
There is one paper in each of Subjects ST1-ST9 and SA1-SA6.
Students are required to take two subjects only from ST1–ST9.
Students are required to take one subject only from SA1–SA6.
The IFoA recommends that every UK-based student taking a Specialist
Applications paper takes the relevant UK Practice Module at the same time. Please refer to the IFoA website for
more details.
All aspects of the examination process are the direct responsibility of the Institute and Faculty of Actuaries. You are advised to read the Student Handbook issued by the IFoA for further information on the examinations or visit its website at www.actuaries.org.uk.
Your journey through the Fellowship examinations