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Newly qualified actuaries

Discussion in 'General study / exams' started by Schuey, Jul 6, 2015.

  1. Schuey

    Schuey Member

    Just wondered what is the average age of newly qualified actuaries ?

    Are there any figures of how many percentage wise qualify ?
    How many pass all CTs ?
    How many pass all CTs and CA1 ?
    Etc

    Just wondered.

    Would be nice to know.
     
    Schuey, Jul 6, 2015
    #1
  2. John Lee

    John Lee ActEd Tutor Staff Member

    I wish I knew too - but we don't have the figures to analyse that. :(

    The Indian students were saying only 2% of all their students complete - but I don't know where they got that figure from.
     
    John Lee, Jul 8, 2015
    #2
  3. Pede

    Pede Member

    I was once told that between a third and a half of students never qualify. And of those, most drop out at the CA/ST stage.

    No clue on ages I'm afraid, but I suppose if graduates are about 21 and it takes around 5 years to qualify, then average qualification age is 26.
     
    Pede, Jul 8, 2015
    #3
  4. Rixius

    Rixius Member

    Rixius, Jul 8, 2015
    #4
  5. Oxymoron

    Oxymoron Ton up Member

    I think it was derived from 250 actuaries out of 25k registrations. That ignored censoring of course. Survival models needed!
     
    Oxymoron, Jul 8, 2015
    #5
  6. didster

    didster Member

    What denominator do you want to use?
    Those who sign up for first exam only?
    Those who sit one?


    I'm sure there is a few who do one or two then decide it's not for them.
     
    didster, Jul 8, 2015
    #6
  7. tiger

    tiger Ton up Member

    The current exam results give how many sat a paper & how many passed.
    I would like to see that broken down by attempt, e.g. 1st, 2nd, 3rd or more
     
    tiger, Jul 8, 2015
    #7
  8. satyam

    satyam Member

    Wouldn't that be just 1% ?
     
    satyam, Jul 9, 2015
    #8
  9. Eldino

    Eldino Member

    I suppose you could try and web scrape the names of all the successful applicants. Then identify them as factors in R or something and see how many times each name appears. Allowances would have to be made for people who appear less because they passed the later exams with the institute but the earlier ones in college.
     
    Eldino, Jul 9, 2015
    #9

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