ST0 exemption for Master Dissertation

Has anyone ever got an ST0 exempion with a Masters Dissertation? What type of topics did you write about?

I completed a dissertation (MSc Finance) on the subject of the housing market bubble and was wondering if anyone had any opinion on whether it would be eligible for exemption. I did a regression analysis on different variables (inflation, salaries, unemplyment, etc) until I found a suitable model which I then explained. Any idea whether this would be worth an ST0 exemption?

Thanks

 

Absolutely no idea but there is nothing to lose by trying as the modelling and economic principles seems a reasonable topic.

 

It's worth giving a go. But the topic doesn't seem to be enough for ST0. I think it might require more than just modelling. But obviously nothing to lose for applying.....the worst is no...and take an ST....LOL

 

Not the answer I wanted but certainly the answer I was expecting. I'll give it a go just in case.

Thanks!

 

hi moreoomph

Could you please tell me whether you did actually apply, as I am in similar position like you?

thanks

 

Yes, I applied and received this exemption!

Best of luck

 

thanks a lot for replying! Could you please tell me whether you sent with your application a letter from an actuary stating your dissertation's relevance to the actuarial field??

Thanks a lot again for your help

 

I didnt use my dissertation as it wasnt actuarial (housing bubbles). I got the exemption based solely on holding the Masters. I got a distinction but I'm not sure if this was considered or not - I suspect there had to be some reference to the grade. The undergraduates in Actuarial Science typically need a 65 average to get their CT exemptions.

 

so you just sent your certificate and the transcript with your marks?

sorry for asking so many questions..

 

I had to send in my certificate, my exam papers and the syllabus for the Masters along with the completed application form.

 

ST0 *** Help

Hi ,

I am in a similar position.

I have done Masters in Financial Mathematics and did dissertation in financial subject as Fundamental analysis of Macro economic news on foreign exchange movement.

Can you please advise on what documents have to be send?

Regards

 

For the exemption to be awarded your dissertation will need to show sufficient coverage of the actuarial syllabus.

You will need to include with your exemption application form

Documentary evidence of the qualification gained
A supporting letter from a Fellow of an International Actuarial Association organisation, stating how the work done in the dissertation is of relevance to actuarial work

Source: http://www.actuaries.org.uk/students/pages/exemption-based-other-professional-qualifications

 

Tx HR.., I can see that on the website.. Just wanted to see if someone has applied and got an exemption. What documents have they send exactly. Do we need to send dissertation report?

 

Hi moreoomph! I am planning to apply for ST0 exemption. I would like to know if you got the ST0 exemption by using your marksheet and Degree certificate. If so was your degree from UK based university or elsewhere. Please let me know and this would help me. Thanks in advance

 

I am interested in hearing of anyone who's had an exemption application rejected because your dissertation was not sufficiently actuarial.

 

Hi, does anyone know if I can still apply for SP0 (new ST0) after applying for other exemptions (2 Core exams) thanks!

 

I think if there's no overlap - as in you haven't already used the qualification you have for exemptions I would give it a go.
e.g. if you got your current exemptions from an undergraduate, but then also did a postgraduate.

It says "If you hold a Masters degree or a postgraduate diploma in actuarial science or actuarial management, the qualification should give exemption from other subjects and will not therefore be eligible for exemption from ST0."

 

Thank you! I'm working on the application now

 

good luck! i managed to get one with a msc in statistics

 

Congrats! My MSc is financial maths but I did a dissertation about insurance which is promising. Do you mind me asking how long was your FIA supporting letter? Did they go into much detail? Thanks!

 

Hi Imy,
Sorry I saw your message but was getting ready for my SA3 exam last week and forgot to reply until now.

I cannot remember how long in words it was, though it was quite detailed.

For my mentor to write the letter I gave him a detailed list of the types of models and statistics I used in the dissertation (I also gave him a copy of the dissertation.)
I also looked through actuarial papers using the IFoA webside and documented why the techniques which I had used are relevant in actuarial work.
My msc was in statistics, my dissertation was using health data. But many of the models and techniques I had used are used in the world of actuaries. Such as GLM models and bootstrapping to name a few, I also used R programming which I made sure I got across as the institute seems keen on this now. This formed the basis of my mentors letter.
Hope this helps