Exam Structure For Actuarial Science Under The New Curriculum

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Actuarial Science Exam Structure By Academic
Junction
One has to clear 13 subjects in the Actuarial
science exam conducted by of Institute of
Actuaries of India (IAI) and Institute and
Faculty of Actuaries (IFOA). The exams are
globally recognized. With the recent changes in
employment opportunities available for Actuaries
Exam Curriculum has changed to reflect the
skills, knowledge and attributes required in an
ever changing business environment. We at The
Academic Junction provides Live Online Actuarial
Science Lectures,  Actuarial Science Video
Lectures and also Classroom Lectures for all Core
Principles, Core Practices and Specialized
Principle exams
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• Below, we will explain different stages in entire
  Actuarial Science Career.
• Core Principles Stage
• It comprises of seven subjects covering following
  areas-
• Actuarial Statistics
• Risk Modelling and Survival Analysis
• Actuarial Mathematics
• Loss Reserving and Financial Engineering
• Business Finance
• Business Economics
• Business Management
• Core Practices Stage
• It comprises of three subjects covering following
  areas-
• Actuarial Practice
• Modelling Practice
• Communications Practice

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• Specialist Principles Stage
• It comprises of 9 subjects covering following
  areas out of which we have to clear only 2 to be
  qualified as Fellow. Each of them will be
  assessed using 3 hours and 15 minutes paper based
  exam.
• SP0- Masters Level Thesis
• SP1- Health and Care
• SP2- Life Insurance
• SP4- Pensions
• SP5- Investment and Finance
• SP6- Financial Derivatives
• SP7- General Insurance- Reserving
• SP8- General Insurance- Pricing
• SP9- Enterprise Risk Management

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• Specialist Advanced Stage
• It comprises of 6 subjects covering following
  areas out of which we have to clear only 1 to be
  qualified as Fellow. Each of them will be
  assessed using 3 hours and 15 minutes paper based
  exam.
• SA0- Research Masters Thesis
• SA1- Health and Care
• SA2- Life Insurance
• SA3- General Insurance
• SA4- Pensions
• SA7- Investment and Finance
• To qualify as an Associate, you will be required
  to complete following examinations-
• Core Principles
• Core Practices
• To qualify as a Follow, you will be required to
  complete following examinations-
• Core Principles
• Core Practices
• Specialist Principles
• Specialist Advanced

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The Academic Junction is the best institute
for Actuarial Science Coaching in India as
classes are held by working professionals who
themselves are All India Actuarial Science
Subject Toppers, will support and guide you in
your entire Actuarial Journey throughout your
career. All the details relating to Actuarial
Science, online classes and entry criteria can be
checked in detail on website- www.theacademicjunct
ion.co.in
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