2019 exam dates
Questions and answers (Q&As)
- Registering and booking for the CM1 or CS1 exam
- Exam cost and payment
- Exam permits
- Exam centres
- Exam study and preparation
- Exam changes and updates
When can I register for the CM1 or CS1 exam?
The exam registration for September 2019 exams opens on Monday 8 July 2019 and the closing date is:
- Friday 2 August (17.00 UK time) for all exam centres (including UK and Ireland)
Where can I register for the CM1 or CS1 exam?
If you have not previously registered, you can complete the Non-members exam registration form (only available during the exam entry period).
How long after registering will I be able to book the exam?
Once you have completed the registration form online, providing that all information is entered correctly, you will receive your ARN (Actuarial Reference Number) within 24 hours, along with information on how to activate your online account. Once these steps have been completed you will be able to book your exam.
How many times can I register?
Our system will only accept one registration (the first one entered). Subsequent registrations after this will be void as duplicates. If you have made a mistake with your registration please call Education Services on +44 1865 268207 to see if this can be corrected.
Do I need to register if I already have an ARN?
If you have registered before and have an existing ARN you do not need to register again. You can simply login to your online account to book the exam.
I have not received my ARN 24 hours after registering
If you do not receive your confirmation email and you believe you have registered correctly, please contact us on +44 1865 268207. The IFoA is closed during weekends, therefore registrations made over this time will be confirmed on the following Monday.
How do I book the CM1 or CS1 exam?
Once you have your ARN and have activated your online account you can login to book and pay for your exam there (card and PayPal payments only). Once logged in go to My Account – My exams – Book an exam. A confirmation email will be sent to you once the exam is booked.
Can late bookings, applications and payments be accepted after the deadline?
All bookings, applications and payments must be received before the exam registration closing date. The IFoA cannot accept any late entries to the exam and if your application and payment/booking is not made by this time, you will not be able to sit in the exam session at that time.
How much are the exams?
The cost of the CM1/CS1 exams for non-members is £320.00* full rate and £180.00* reduced rate. This is just the cost of the exam; no study materials are supplied. *Prices can be subject to change.
How can I apply for a reduced rate exam?
When you complete the online registration there will be a box to tick to indicate that your personal annual income is below £7230.00. This must be ticked correctly for you to receive a reduced rate exam fee.
How can I pay by bank transfer or cheque?
During the registration window the exam application forms for offline payments will be available for you to complete. You must send us the application form with the payment included. For BACS payments the BACS remittance/proof of payment must be sent with the application. You will receive a confirmation email once the exam is booked.
When will I get my exam permit?
Exam permits can be found in your online account one week before the start of the exams. You must login to your account to download your exam permit to take to the exam. Your exam permit will cover both parts A & B of the examination.
Where can I find a list of the exam centres?
The exam centres in use for the exam session will be published on the exam centres page and we attempt to keep this up-to-date during the exam registration window.
What if my chosen exam centre is not available to book?
Exam centres can fill very quickly and exam centres will have a capacity limit for the exam sitting. We encourage you to book your exam as early as possible after the exam registration opening. Should your first choice exam centre not be available, you should make another selection.
Can I change my exam centre once it has been booked?
If you wish to change your exam centre and the centre you wish to change to has available capacity, you can switch your exam centre by calling Education Services on +44 1865 268207. You will only be able to make any changes to exam centres during the exam registration opening window. After this there will be no amendments.
How should I plan my exam study?
Read our Exam preparation information on tuition, past exam papers, the exam syllabus and lots more.
Where can I purchase study materials?
Is there anything I should do in preparation for my exam?
Please read our on your exam day information.
How will I find out if there are any changes or updates to my exam?
Please ensure you frequently check our Exam news and updates page.
In addition to this, the IFoA will use Twitter to post up-to-date exam information and any updates required.
You can find and follow us on @ActuaryStudents
Education Services Team
Institute and Faculty of Actuaries, 1st Floor, Park Central, 40/41 Park End Street, Oxford, OX1 1JD
We aim to respond to all enquiries within two working days.
Filter or search events
This event is now full. Please register here for the wait list
Five plenaries and 13 workshops cover current topics and industry trends in the Pension sector with the opportunity to develop your network at the pre-conference evening dinner (18 June). There is also a day ticket option available for the 19 June.
This KSS talk from FinTech Scotland's CEO will explore the mission to create an integrated Fintech ecosystem through provision of funding, support, infrastructure and talent that recognises and responds to the needs of all stakeholders - and the overarching aim for Scotland to be one of the top 5 Fintech global leaders by 2020.
To book your place, please email Barry_Shannon@standardlife.com
CIGI is a well-established one-day seminar designed to increase awareness and encourage discussion on a variety of topical issues across the general insurance industry.
There will be an excellent and diverse line-up of speakers to provide a variety of perspectives and challenge covering technical and professional areas.
Fake news, post truth, mistrust of experts... a familiar roll call of anxieties – or perhaps clichés – about our data rich world. They point to an underlying fear that in this data abundant age the bad data drives out the good and we are left with a broken public discourse.
This event is now fully booked. Please click here to register on the waiting list.
The pensions dashboard has been talked about across the industry for a long time and now nears implementation with DWP’s consultation ending in January 2019.
Our motivation for discussing this important subject comes from some exciting recent research which has analysed the impact of behavioural factors on the decision to purchase an annuity. This work has shown that behavioural factors can explain the well-known low demand for immediate annuities but this research also identifies an important opportunity in relation to deferred annuities (DA). The research suggests that these factors lead to positive incentives to purchase a DA and that, for longer deferred periods, a DA could be an attractive product for both consumers and insurers.
The Institute and Faculty of Actuaries (IFoA) and Singapore Actuarial Society (SAS) are organising a joint Professional Skills Training (PST) in Singapore. This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Life, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.
The IFoA’s Risk Management and Finance and Investment Boards are delighted to host a series of webinars covering a range of topical and trending topics ranging from climate related risks to Brexit.
Notice is hereby given that the ANNUAL GENERAL MEETING of the INSTITUTE AND FACULTY OF ACTUARIES will be held at The Hub, Edinburgh on Wednesday 26 June 2019 at 16.30 (Preceded by tea from 16.00) and followed by a PRESIDENTIAL ADDRESS given by John Taylor.
The Institute for Financial and Actuarial Mathematics (IFAM) at the University of Liverpool is pleased to host the 2019 Actuarial Teachers’ and Researchers’ Conference from 27-28 June 2019. This annual two-day event has been running annually now for many years, each time hosted by a different university, and provides all those interested in actuarial research and education a great opportunity to share their ideas and catch up on the latest developments.
The Institute and Faculty of Actuaries (IFoA) and Actuarial Society of Malaysia (ASM) are organising a joint Professional Skills Training (PST) in Kuala Lumpur. This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Life, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.
Presented by Louise Pryor
Air pollution has gained increasing attention lately. Nicola Oliver, head of longevity and mortality research for Medical Intelligence, will discuss not only the impacts of air pollution on health and life expectancy but also how as an industry we should be addressing it.
The actuarial profession has much to offer the world of banking. In this webinar actuaries with experience in various fields of banking will talk about the opportunities there are in banking; describing the actuarial aspects of the work they do as well as other roles within their area of banking.
Towards the end of June, the International Accounting Standards Board (IASB) is expected to publish an Exposure Draft (ED) of limited changes to its insurance contracts standard IFRS 17, effective date 2022. To help IFoA members, the IFoA’s cross-practice Financial Reporting Group (FRG) is hosting an event at Staple Inn covering these developments.
For more information on the FRG please visit this webpage.
Presenter: Rahul Verma
Presenter Matt Modisett
This KSS talk, presented by the FCA Head of Department in Scotland, will focus on the following 3 main areas:
- FCA business plan priorities
- The future of regulation
- FCA Engagement in Scotland
For life insurers in the UK, the risk margin is one of the most controversial aspects of the Solvency II regime. Following its implementation, the risk margin came under considerable criticism for being too large and too sensitive to interest rate movements. These criticisms are particularly valid for annuity business – such business is of great significance to the national system for retirement provision. This criticism has led to political interest, and the risk margin was a major element of the Treasury Committee inquiry into Solvency II.
GIRO is attended annually by over 800 delegates and speakers who are keen to discuss key topics such as Pricing, Reserving, Modelling and the future of the insurance industry. GIRO 2018 was a huge success and we have opened bookings early for what we hope will be another brilliant conference at the EICC in Edinburgh this year.
Presenter Jon Spain
The IFoA is pleased to announce that this year’s Autumn Lecture will feature the Rt Hon Nicky Morgan MP as its guest speaker. Nicky has previously served as Financial Secretary to the Treasury and Minister for Women. She now chairs the Treasury Select Committee whose remit is to examine the expenditure, administration and policy of HM Treasury, along with all of its agencies and associated bodies.