Take a look at the new syllabus. There is no difference in reality. I have passed CT6 after several attempts, I can confidently say that I have learnt nothing by taking the exam on repeated occasions and even the first time, there was not much in there that was actually useful for my job. I will have to take 2 new exams in the new exam system which cover more or less the same material. (Admin edit: CS2 contains around half CT4 and half CT6). What the IFoA don't tell you is that many people give up the exams as they just get fed up. In curriculum 2019, they originally said there was no ordering in terms of taking exams, but a couple of months later when they published information about the chartered actuary qualification, they reintroduce ordering. In 2014 or so, the IFoA published an exam timetable for "long term" planning listing exams up until 2020. In 2016, they published curriculum 2019 making any plans inferred from the exam time table for long term planning worthless as the current exams would no longer be offered from 2019. So M Willis, good luck in your career, perhaps you will fare better, but I can tell you that when you start your career there is a lot you will only find out once you are several years in and which you would have never known before. Foreign qualifications are far easier for example. The distinction in the rigour of exams between the university route and the traditional route, the constant changes to the exam system which are generally unnecessary and difficult to keep up with. I would look at alternatively to the IFoA qualification if I were starting afresh, or perhaps not even enter the profession at all.
Last edited by a moderator: May 4, 2018