Online exam version of Subject CA2

The online exam is available to:

• students who cannot attend a face-to-face exam in the UK or overseas
• students who having attended a face-to-face exam have failed the exam.

From 1 October 2013 all students now have the option to enter for the online exam.

Requirements

If you decide to use this route you will need:

• a computer with: software compatible with Excel 2007 and Word 2007, Adobe reader, a printer, internet access and access to email (allowing the sending and receipt of spreadsheet and other attachments). Candidates must not embed documents in spreadsheets.
• reference material including the core reading for subjects CT1-CT8 and the Formulae and Tables book. Core reading will be made available to you on the exam day, through an online community on the website. You can also buy your own copies through our eShop.
• a suitable environment to work through the pre-exam learning material and exam assignment.

Overview

The online exam consists of material which is accessed through an online community on the website, and which is worked through with the help of an online assessor.

The exam has the same aims and standards as the face-to-face version and uses the same material. The format is as follows:

• Pre-exam work: advance study (which will form part of the work studied in Part One of the exam).
• Part One: exercises to work through and material to consider, with access to an online assessor via the discussion forum in the online community.

A guideline for the work outlined above is 50 hours.

• Part Two: exam assignment with email access to an online assessor

More detailed information is given below.

Exam dates

You will need to select a date to take the exam from those advertised on the application form. The pre-exam material will be available about one month prior to this date. You will need to make sure that you can complete the pre-exam and online learning work in good time before the exam date.

Further details

Before applying for the exam

• You will need to work through the material which consists of past papers and sample projects.

Once you have applied

• You will receive access details to the online community. Contact details for the online assessor will be provided should you have any questions about the study material.
• Work through the study material and the pre-exam workbook. We recommend doing this in good time to allow for revision.

On the exam day

• Between 09.00-17.00 (UK time) individually work through the exam assignment.
• During this time you will be able to ask questions and seek guidance from the online assessor. A record of the help given is kept, and a maximum of 5 marks will be deducted from your overall mark.
• You will have access to the Core Reading and the Formulae and Tables book during the exam, through the online community.
• Instructions will be provided on how to save and submit your completed exam.
• Any technical problems will need to be resolved by contacting: online_exams@actuaries.org.uk.
• The assessment regulations of the Institute and Faculty of Actuaries apply as set out in the Examination Regulations, except that you may use reference material, as referred to above.