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Currently, it is only available for Mathematics and offered by the exam board Edexcel. They were introduced in 2002, in response to the UK Government's Excellence in Cities report, as a successor to the S-level examination, and aimed at the top 10% of students in A level tests. They are assessed entirely by external examinations.
The exams are conducted twice a year during the months of May–June and October–November. [11] Starting from January 2012, the institute has started conducting entrance exam. Only those applicants who clear the entrance test can appear for the Core Technical papers.
[16] [17] The SOA also plans to significantly change the structure of the FSA tracks in fall 2025. [ 18 ] In addition to the exams, candidates also need to complete three e-learning modules, the Decision Making and Communication (DMAC) module, and the virtual or in-person Fellowship Admissions Course (FAC).
Edexcel (also known since 2013 as Pearson Edexcel) [2] is a British multinational education and examination body formed in 1996 and wholly owned by Pearson plc since 2005. It is the only privately owned examination board in the United Kingdom. [3]
A past paper is an examination paper from a previous year or previous years, usually used either for exam practice or for tests such as University of Oxford, [1] [2] University of Cambridge [3] College Collections. Exam candidates find past papers valuable in test preparation.
Student actuaries were members of the institute who are taking exams but have not attained the rank of Associate; Associates were members who had completed the CT and CA stages of exams and have completed one year's worth of relevant work-based skills experience. There were about 500 Associates in the institute.
2011: OCR set an impossible maths question in the 2011 AS Mathematics paper. [10] In addition, there were errors in Section B of the Latin Literature paper, confusing names of both authors and characters. 2011 also saw the start of, by now regular, social media protests against the content in exam papers.
An enrolled actuary is an actuary enrolled by the Joint Board for the Enrollment of Actuaries under the Employee Retirement Income Security Act of 1974 (ERISA). [1] Enrolled actuaries, under regulations of the Department of the Treasury and the Department of Labor, perform a variety of tasks with respect to pension plans in the United States under ERISA.