Professional Skills Course (PSC)

This page tells you about the Professional Skills Course (Stage 2 of the Institute and Faculty of Actuaries' (IFoA) mandatory Professional Skills Training), whether this applies to you and how to book a course.

Who is required to take the PSC?

You need to do the PSC:

  • before you can apply to transfer to the category of Associate
  • between the 4th and 6th anniversary of your admission to the IFoA, if you joined on or after 1 July 2006 or
  • within a year of qualifying as a Fellow (i.e. transferring to the category of Fellow).

whichever comes first.

 

Why do I need to do the PSC?

The PSC is stage 2 of the IFOA's mandatory Professional Skills Training developed for members at all stages in their careers. 

 

About the PSC

The course is designed to build upon the Stage 1 Online Professional Awareness Test while recognising the increasing levels of responsibility placed upon you at this stage in your career.  

You will explore concepts of professionalism, awareness of the Actuaries' Code, and business ethics.

You will be expected to be equipped to manage, and where possible prevent, the ethical dilemmas which may arise in your area of expertise and to exercise appropriate judgement and decisions to resolve them.

A web-based version of the course will be available in October 2012 which will allow you the flexibility to attend either a face to face event or take the course in your own time online.

 

How do I book a course?

To book your place on a PSC, access the relevant application forms below:

Application form for the Professional Skills Courses

Application form for the online Professional Skills Course

For more information and advice on professional skills courses email professional.skills@actuaries.org.uk or call Cindy Checchia on +44 (0)1865 268214.

 

Professionalism courses overseas

Until the online PSC is available, members based overseas may attend a professionalism course which has been approved as equivalent to those organised by the Profession, these are listed below:

  • Society of Actuaries
  • Casualty Actuarial Society
  • Society of Actuaries in Ireland
  • Actuarial Society of South Africa
  • Institute of Actuaries in Australia
  • Canadian Institute of Actuaries
  • Singapore Actuarial Society

Any overseas actuarial association interested in organising an overseas professionalism course should contact neil.hilary@actuaries.org.uk.