In order to become a fully qualified actuary, trainee actuaries have to take several exams set by the Institute and Faculty of Actuaries. Instead of doing these exams whilst working for an actuarial firm, you can obtain exemptions from a number of these exams during the course of your studies at Queen’s.
Having a significant proportion of the professional examinations behind you when you leave University increases your employability and reduces the length of time studying and working after university.
The Institute and Faculty of Actuaries has now granted our degree exemption from the eight CT subjects of the professional exams but in order to get the 8 exemptions students have to meet a certain level in their studies the details of which are set out below:
|Module Titles||Year of Study||Proportion towards exemption||Professional Examination|
|Financial Markets and Institutions||1st||33%||CT1|
|Introduction to Probability and OR||1st||50%|
|Principles of Actuarial Modeling||2nd||60%||CT4|
|Actuarial Methods in General Insurance||2nd||65%||CT6|
|Fixed Income Instruments||4th||22%|
*Please note that this table is due to be updated following the reaccreditation review by the
Institute and Faculty of Actuaries
Any questions regarding this should be directed to Mark Farrell (firstname.lastname@example.org) or telephone +44 (0) 2890974819.