• We are pleased to announce that the winner of our Feedback Prize Draw for the Winter 2024-25 session and winning £150 of gift vouchers is Zhao Liang Tay. Congratulations to Zhao Liang. If you fancy winning £150 worth of gift vouchers (from a major UK store) for the Summer 2025 exam sitting for just a few minutes of your time throughout the session, please see our website at https://www.acted.co.uk/further-info.html?pat=feedback#feedback-prize for more information on how you can make sure your name is included in the draw at the end of the session.
  • Please be advised that the SP1, SP5 and SP7 X1 deadline is the 14th July and not the 17th June as first stated. Please accept out apologies for any confusion caused.

Actuarial Science PGDip or LSE MSc

Status
Not open for further replies.
Null said:
In the time it takes to get a CFA you can get your Actuarial qualification abroad. That’s your best option.
Click to expand...
And if I want to stay in the UK? Would the CFA be the way to go.
 
I’m not an expert on the CFA. Can’t tell you. But what I can say is that it takes far less time than the Actuarial qualification. Study is about the same. Studied many times with CFA students who do about 3 or 4 months each time. They only have to do it once a year though. Not twice.
 
Tarbuck said:
Don't be put off by some of the comments, yes a fair proportion don't qualify and no the exam system isn't perfect but it is a well paid career that the majority of people I have known with mathematical degrees who are on a graduate scheme have passed. The difficulty comes if you get kicked off a graduate scheme as the exams are expensive if not funded and I think the combination of having to have failed a few already to get to that point and then it becoming a lot harder to pass more without paying big money leads to a lot of people dropping off. But no matter what a couple of people on here will tell you without a shadow of a doubt the cleverest people can pass without failing once easily and having seen a lot of people go through it you can generally tell soon if you are struggling from the early exams you will definitely struggle to get through them all.
Click to expand...

The difficulty for some came when they were kicked out of the IAI 2 days before the exam because the UK body instructed the IAI to discriminate against British nationals.

As for passing without failing, I was informed by my old line manager that around 5% of students complete all of the 15 exams without failing. 5% !!!!
 
almost_there said:
It is not as well paid as it used to be and the IFoA have a lot to answer for that.
Click to expand...
The salaries have gone down over the years. Not up. A student with the 100 series in 2002 could get £60k. Now a qualified gets around £45-50k.

Could you imagine if the medical profession behaved like the corrupt actuarial profession.
 
Last edited by a moderator:
whistleblower21 said:
The difficulty for some came when they were kicked out of the IAI 2 days before the exam because the UK body instructed the IAI to discriminate against British nationals.

As for passing without failing, I was informed by my old line manager that around 5% of students complete all of the 15 exams without failing. 5% !!!!
Click to expand...

The IFOA had to remove their statements about 3 years qualification time as hardly anyone passes all exams first time. What they currently say is also not true. Phone them and ask them about their drop out rates or realistic qualification times. See what answer you get... I would also not recommend starting exams if you are an older student. By the way there are not 15 exams anymore, there are 17
 
Content drifted away from OP, to things discussed extensively elsewhere. Hence time to close.
 
Status
Not open for further replies.
Back
Top