The following are suggested study guidelines for each subject, but the quality of study time is far more important than quantity:
|Core Technical Subjects||Between 125 and 150 hours depending on the subject and your educational background in the subject|
|Online Professional Awareness Test (OPAT)||1-5 hours|
|Business Awareness (CT9) online version||At least 20 hours, plus full participation in the online business game and submission of seven written exercises|
|Actuarial Risk Management (CA1)||400 hours|
|Model Documentation, Analysis and Reporting (CA2)||100 hours|
|Communication Practice (CP3)||100 hours|
|Specialist Technical Subjects||200 hours|
|Specialist Applications Subjects||300 hours|
|Specialist Applications Subjects taken with UK Practice Modules||320 hours|
|Professional Skills Course (online)||8-10 hours over 3 weeks|
A reasonable study workload between September and April might include one of the following options:
- three Core Technical Subjects
- Actuarial Risk Management
- two Specialist Technical Subjects
- one Specialist Technical Subject and the chosen Specialist Applications Subject with the relevant UK Practice Module or
- some other comparable combination.
The study session from May to September is shorter
It may be difficult for you to study at the same rate during this time.
Time to qualification
In order to qualify as an Associate or Fellow, students must pass a number of examinations and complete a satisfactory period of work experience.
The time to qualification will depend upon an individual's progress through the examinations, any exemptions obtained and completion of work experience.
To qualify as a fellow takes, on average, 6-7 years.
- 31 May 2012
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General information and practical advice that will be useful in your studies
Education Services Team
Institute and Faculty of Actuaries, 1st Floor, Park Central, 40/41 Park End Street, Oxford, OX1 1JD
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