• 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.

Actuaries in Investment banking

S

slayedit

Member
Hi all,
I have a few doubts regarding the two fields of job.

1) Is actuarial knowledge used in investment banking field?
2) If we are working in investment banking, will papers ST5 (Finance and Investment A), ST6(Finance and Investment B) and SA6 (Investment) be the specialization papers needed? (along with other papers)
3) Is fellowship granted to those working in the field of investment banking?

Thank you for your insights.
Regards,
slayedit
 
Hi, Certainly the most relevant ST subjects for anyone wanting to go into investment banking would be ST5 and ST6. ST6 is not generally required for the later subjects - neither for SA5 nor for SA6. ST5 feeds into both of those later subjects. In terms of which SA subject to do for an investment banking career, it is hard to say. Both contain useful areas, and SA6 is at the moment angled towards the work of an investment consultant (ALM, structured products, manager selection, LDI, ...) whereas an investment banker would be likely to get involved in more corporate and banking deals. However, given that both SA5 and SA6 are merging into SA7 in the near future, it may not be a big decision in a few months. If you were confident in passing SA5 within the two sittings left (March 2018 and Sept 2018) then it may be more relevant in terms of material. I feel that whichever SA you pass, if you are the right candidate and you present well at an interview for the job, the exact SA you have passed will not be the deciding factor. I hope this helps.
 
You must log in or register to reply here.
Back
Top