OPAT or Online Professional Awareness Test is a mandated exam conducted by IFOA. This exam must be cleared before appearing for CB3 Paper. This exam tests your knowledge of the Actuaries’ code and what you would do in certain situations. OPAT exam by IFOA would …
This is the third article in a 6-article series of 24 studying strategies for actuarial exam I used to obtain the FCAS credential at 24 years old. The link for the previous articles of the series is given at the end, in case you missed …
Institute of Actuaries of India (IAI) is the governing body of the Actuarial Profession in India. It is formed by the conversion of the Actuarial Society of India by virtue of the Actuaries Act, 2006. In this article, we shall discover its history, ACET (Actuarial …
Introduction to Validation by Educational Experience (VEE) VEE is a process by which candidates can earn credits based upon the validation of education background in particular areas such as Economics, Corporate Finance or Accounting & Finance and Applied Statistics or Mathematical Statistic. In order to …
When I first started studying Exam P for the June 2013 sitting, there were a lot of things that I had to discover on my own about studying for actuarial exams. Back in 2018, I promised myself that, once I got my FCAS, I’d write …
After completing the preceding actuarial exams, candidates pick the higher exam to become proficient in his or her actuarial career. The Society of Actuaries (SOA) has smoothed the Fundamentals of Actuarial Practice (FAP) e-Learning course in January 2020. This FAP course provides candidates with more …
The following has been an update from IFOA April 2020 FAQs: Why is the IFoA running some examinations online in April 2020 rather than cancelling them all?We have heard that for many personal reasons some of you would prefer not to sit our April examinations. …
Pension plans provide financial security and stability during old age when people don’t have a regular source of income. The most common options are the National Pension System (NPS) and Unit Linked Pension Plan (ULPP). These plans ensure that people live with pride and without …
While the Insitute and Faculty has confirmed earlier that it will not be holding the upcoming April written assessments in examinations centres due to the ongoing Covid-19 pandemic, the confusion remained until today about whether the practical exams like CP2 and CP3 would happen? The …
United states has 2 Actuarial societies namely:1. Casualty Actuarial Society (CAS)2. Society of Actuaries (SOA) Key distinction between CAS AND SOA While this article is meant to explain Casualty Actuarial Society (CAS), the difference between SOA and CAS is relevant for study purposes. Non-life risks …
CM1 is one of the most basic and important paper and is widely applicable in real life. It is a combination of CT1 & CT5 and now also includes excel practical exam, for more details you can visit here – CM1 Core Mathematics 1: First Milestone …
A guide to preparing for Actuarial Common Entrance TEST The actuarial common entrance test is popularly referred to as ACET. The exam is administered three times per year and is offered by the Institute of Actuaries of India. It is a computer-based exam that consists …
CA2 / CP2 exam – Tips and Strategies for Paper 1 The article was originally written by Chmel Oon for clearing cp2 exam Paper 1. We thank Chmel for allowing us to post this on the Actuarial Club. Always clone original data while excel modelling …
CM1 is one of the most basic and important paper and is widely applicable in real life. It is a combination of CT1 & CT5 and now also includes excel practical exam, for more details you can visit here – CM1 Core Mathematics 1: First Milestone …
Institute of Actuaries of India (IAI) is a statutory body established under The Actuaries Act 2006 (35 of 2006) for regulation and development of profession of Actuaries in India. Actuarial science is a discipline that applies mathematical and statistical techniques to Price, Value and assess …