Distance Learning is intended for students living in countries where a face to face course is unavailable. See Contact information for non-UK Students for information on where face to face courses are being held.

• Overview of the module
  Information about the course and how it will operate.
• Exam entry policies. Before you register for the exam please ensure that you have read the policies.
• How to apply
  Includes the application forms.
• Application form for special arrangements for subject CT9. For use by students who wish to apply for special arrangements to be made for their exam sitting.
• Application form for mitigating circumstances for subject CT9. For use by students who wish mitigating circumstances to be taken into account when their script is marked.
• Distance learning course
  These pages are available to those who have registered for the course.

What is the Business Awareness Distance Learning Module?

The Business Awareness Distance Learning Module has been designed to help those joining the Actuarial Profession to understand:

• the business environment they are working in, including the related challenges
• how to tackle business related problems
• their professional responsibilities
• the legal principles relevant to the work of actuaries

This course involves students taking part in a 10-day online business game, and submitting completed exercises. Students who undertake the module will be required to do pre-course study, and a post-course online test provided by Imparta.

What does the Business Awareness Module cover?

The module ranges over the following business awareness topics:

• strategy
• organisations
• management
• external influences
• business standards and ethics
• legal principles

The main content of the module is:

• industry issues, developments and challenges
• strategic thinking with case studies and problem solving techniques
• a business game supporting the learning objectives of the module
• professional and ethical standards, and case studies
• legal principles and case studies

Who must take the Business Awareness Distance Learning Module and when?

In principle, students need not take the Business Awareness Distance Learning Module until they are close to qualification as an Associate or Fellow of the Faculty of Actuaries or Institute of Actuaries, unless the actuarial society in the country where you work requires you to take it earlier.

This is different to the situation for UK based students who are expected to take the Module within 18 months of joining The Actuarial Profession, assuming they have relevant work experience.

Who can take the Business Awareness Distance Learning module?

The distance learning module has been provided for those students for whom it is not feasible to attend a face to face course. Face to Face courses are held in the UK, Ireland, and South Africa and students should attend these whenever possible. Courses are also held in India but we do not recognise these as an equivalent standard to our own and therefore students cannot gain an exemption from us after passing the Indian course.

How frequently is the Business Awareness Distance Learning module run?

Currently the module is offered twice yearly in February/March and July/August, however as demand for the course grows we would envisage making further courses available. The decision to run any course will depend upon sufficient students registering for the module and the Profession reserves the right to cancel a course should insufficient numbers apply.