Departmental Information
Exemptions from Professional Examinations
The Institute of Actuaries (London) and the Faculty of Actuaries (Edinburgh)
have officially recognised for exemption purposes the University of Cape Town's
degrees in Actuarial Science. Both the Faculty and the Institute have included
in their published regulations certain provisions governing the exemptions which
they are prepared to grant from their respective examinations.
The Institute and faculty have introduced a common examination structure. Although recommendations
for exemptions will be at the
discretion of the external examiners, it is anticipated that a student who
graduates with a degree in Actuarial Science from the University of Cape Town
and obtains an appropriate standard (currently about 60%) for the appropriate courses will be able to obtain
exemptions from all of Subjects CT1-CT8, CA1 and CA3 of the joint examinations.
University courses required for exemption purposes
|
Subject |
Topic |
University Equivalent |
|
CT1 |
Financial Mathematics |
BUS2016H Actuarial Science I: Financial
Mathematics |
|
CT2 |
Finance and Financial Reporting |
ACC1006F/S Financial Accounting
ACC1011S Financial Reporting 1
BUS2019S Finance I |
|
CT3 |
Probability and Mathematical Statistics |
STA2004F
STA2005S
STA1006S |
|
CT4 |
Models |
BUS3018F Actuarial Science II: Models |
|
CT5 |
Contingencies |
BUS3024S Actuarial Science II:
Contingencies |
|
CT6 |
Statistical Methods |
STA3041F
STA3043S |
|
CT7 |
Economics |
ECO1010F Microeconomics
ECO1011S Macroeconomics |
|
CT8 |
Financial Economics |
BUS4028F Actuarial Science III: Financial
Economics |
|
CA1 |
Assets, Liabilities, Asset-liability
Management |
BUS4027W |
|
CA3 |
Communications |
BUS1034S Professional Communication:
Actuarial Science |
Postgraduate
|
ST2 |
Life Insurance |
BUS5018Z |
|
ST4 |
Pensions |
BUS5019Z |
|
ST5 |
Specialist Finance & Investment A |
BUS5035S |
Download
- Recommendations for Exemptions from the Examinations of the
Institute/Faculty of Actuaries 2007 - Click
here (.DOC)
(05/02/2007)
|
|
