Regulations for admission as students of the Faculty and of the Institute

1. Anyone considering entry to the actuarial profession is strongly advised to discuss the matter with an actuary before submitting an application.

2. Home Applicants
   2.1 The application form, whether for the Faculty or the Institute of Actuaries, may be obtained from the Admissions Officer in Edinburgh, or downloaded here.
   2.2 The application form, which requires details of the applicant's educational qualifications and the signatures of two referees, should be submitted, together with the necessary documentation, to the Admissions Officer in Edinburgh.
   2.3 Applicants to the Applications to the Faculty and Institute will be required to include payment of their entrance fee and annual student subscription with their application. They will also be required to sign a Form of Obligation.
   
   
3. India, New Zealand or South Africa Applicants resident in any of the above named countries may obtain application forms from, and should submit their applications to, the local associations as follows:
   
   INDIA
   [Students based in India are recommended to join the Actuarial Society of India before joining the Faculty or Institute]
   Actuarial Society of India
   302 Indian Globe Chambers
   142, Fort Street, off D N Road
   Fort
   Mumbai 400 001
   India
   
   SOUTH AFRICA
   Actuarial Society of South Africa
   The Honorary Secretary
   PO Box 4464
   CAPE TOWN 8000
   South Africa
   
   NEW ZEALAND
   New Zealand Society of Actuaries
   New Zealand Entrance Committee
   PO Box 161
   CARTERTON
   New Zealand

4. Applications should normally be made within four years of gaining the appropriate qualifications for admission, although the Councils, at their discretion, may waive this requirement.

5. Entry Standards
   The Councils at their discretion will normally admit as a Student an applicant who has achieved the standards given below.
   
   United Kingdom and Republic of Ireland:
   5.1 Holds a degree awarded by a University in the United Kingdom or the Republic of Ireland or by the former Council for National Academic Awards and has either:
   • studied mathematical sciences as a major subject, as part of an honours degree course and gained at least third class honours in that degree; or
   • obtained a first or second class honours degree in any subject, together with at least a Grade C at Advanced Level in any mathematical subject or such other standard in mathematics as the Councils consider to be equivalent.
     
   5.2 Those who hold:
   
   • the General Certificate of Education/GCSE with at least Grade C in three subjects (including English) together with two passes at Advanced Level. One of the Advanced Level passes must be in a mathematical subject with at least Grade B (or Grade C in the case of Further Mathematics or Higher Mathematics) and the other pass must be with at least Grade C;
     (Note: Performance in "S" level papers and AS level passes may be taken into account.)
   • three Scottish National Qualifications Authority Higher passes (one of which must be in Mathematics at Grade A and one of which must be in English);
   • the Irish Leaving Certificate in at least five subjects including English (one of the passes must be in Mathematics with a Grade A);
   • other qualifications which the Councils consider to be equivalent to the above.
   
   Overseas:
   5.3 Overseas students will be required to meet the equivalent standards as in 5.2 through comparable qualifications. Students based overseas who doubt the applicability of their qualifications should check with their Local Representative or the Admissions Officer, before submitting their application forms and fees.

6. All applicants must have an adequate proficiency in English, equivalent to Grade C in the General Certificate of Education/GCSE.
   (Note: The information above refers to the minimum entry standards to the profession. Applicants who do not have the capacity to gain a good honours degree are likely to experience particular difficulty with the examinations.)