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Construction and Evaluation of Actuarial Models: 2005: Course 4 2017: Exam STAM M: Actuarial Models: 2005: Course 3 2006: Exams MFE and MLC 1: Mathematical Foundations of Actuarial Science: 2000: Education system redesign 2005: Exam P and VEE 2: Interest Theory, Economics and Finance: 2000: Education system redesign 2005: Exam FM and VEE 3 ...
The Institute of Actuaries of India is the sole national apex body for actuaries in India. It was formed in September 1944 by the conversion of the Actuarial Society of India into a body corporate by virtue of the Actuaries Act, 2006. It is under the ownership of Ministry of Finance, Government of India.
Download as PDF; Printable version; ... Institute of Actuaries of India; International Actuarial Association; ... This page was last edited on 2 May 2020, ...
An actuarial qualification from the Institute and Faculty of Actuaries consists of a combination of the completion of various examinations and courses. The examinations are split into six sections: Core Mathematics (CM), Core Statistics (CS), Core Business (CB), Core Practice (CP), Specialist Practice (SP), and Specialist Applications (SA).
Note that Course 7 (Applied Actuarial Modeling), Course 8 (Advanced Specialized Actuarial Practice), and PD were part of the fellowship requirement. In 2007, the Fundamentals of Actuarial Practice (FAP) were introduced to cover real-world topics such as insurance and professionalism with readings, case studies, and projects. [ 14 ]
A student may choose to complete an accredited actuarial science degree at an undergraduate or at a postgraduate level through a number of recognised universities. Successful students may offer proof of having covered the topics whilst at university and students may be granted exemptions from certain professional examinations from the Institute ...
Naturally, the quality of the courses and lecturing at these universities are a determinant as to whether the course is recognised by the Faculty of Actuaries. Most universities offering actuarial science courses also require the student in addition to complete various other related topics, including statistics, mathematics, applied mathematics ...
The IAA is the continuation of the Comité Permanent des Congrès d’Actuaires, established in 1895, as an association of individuals.It was renamed the IAA in 1968. At the 26th International Congress of Actuaries, held in Birmingham on 7–12 June 1998, the General Assembly of the International Actuarial Association restructured itself.