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ActEd Acronym App

Discussion in 'CP1' started by pyuille_1609, May 8, 2019.

  1. pyuille_1609

    pyuille_1609 Active Member

    Just discovered this while talking with one of my colleagues here at work - this was on the SP7 forum... just sharing, it seems like it can be helpful!!!
    www.ActEdAcronymApp.co.uk
     
  2. Infinity

    Infinity Ton up Member

    What a great competency for an actuary. Making up an acronym and trying to remember in an exam what the letters stand for.
     
    pyuille_1609 and almost_there like this.
  3. pyuille_1609

    pyuille_1609 Active Member

    Pretty much what this course encourages you to do... become an acronym/mnemonic library and an excellent speed writer.
    Questionable, this method of examination.
     
  4. Infinity

    Infinity Ton up Member

    It’s not even questionable. It’s a complete waste of time. Who decided this was a competency which actuaries are required to have?
     
    pyuille_1609 likes this.
  5. Ace123

    Ace123 Very Active Member

    What competencies do you think they should have - honest question?
     
  6. almost_there

    almost_there Can't stop posting

    How about the same as required by the Greeks or Slovenians to become actuaries, as they're eligible for 'Gold Standard' IFoA Fellowship.
     
  7. Infinity

    Infinity Ton up Member

    I think Almost there sums it up nicely. A university education will do. What more do you realistically need? Why do the IFOA now say that the chartered actuary is sufficient? Why did the Kingman Review tell the IFOA to effectively reduce their examination requirements? Memorizing mnemonics is just not a useful skill. The education system was and still is completely irrelevant and generally not required. The only reason it remains in existence is to support the well being of those that work at ACTED and the IFOA
     
    Last edited: May 10, 2019
    almost_there likes this.
  8. almost_there

    almost_there Can't stop posting

    IFoA = Institute Frustrating Actuaries. Institute Failing Actuaries. Actually many F's possible there. Income From Actuaries.
     
    Last edited: May 14, 2019
  9. Jumper

    Jumper Made first post

    Lol - sounds like you've had a bad day? You've missed out the "o" :).
     
  10. almost_there

    almost_there Can't stop posting

    yeah the "o" makes the acronym harder
     
  11. Infinity

    Infinity Ton up Member

    Institute of the forlorn accountant
     
    almost_there likes this.

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