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Student membership

Take the first step into your actuarial career

As a Student member of the IFoA you can access our prestigious, internally recognised qualifications and the tools and support you need to achieve your career goals.

Benefits of becoming an IFoA Student Member

Globally recognised qualifications

  • Gain a qualification that’s in demand from business, organisations and governments world-wide and demonstrate that your knowledge and skills meet the highest global standards

Support while you qualify

  • Access educational resources, examination support, counselling and Acted online forum to support your learning
  • Guidance on ethical and technical issues that may arise in your day-to-day actuarial work

Build your knowledge and skills

Demonstrate professionalism and integrity

  • Demonstrate your professional integrity under The Actuaries’ Code, our global ethical framework
  • Show your commitment to professionalism through our rigourous qualification syllabus 

A global community

  • Build your professional network through online and in person events
  • Make connections and benefit from one to one professional support and advice with the IFoA Buddy System

A strong voice for our profession

  • Join a profession that brings the actuarial perspective to issues of global importance, from climate change to social care, and makes sure your voice is heard on the issues that are important to you

Becoming a Student member of the IFoA will enable you to enter for the IFoA exams and apply for exemptions.

Who can become an IFoA Student Member?

If you have excellent mathematical skills and a love of numbers, you can join the IFoA as a Student member. 

While there are no academic admissions criteria for Student membership, the IFoA qualification syllabus is rigorous and our examinations are highly demanding, so we recommend applicants for Student membership have a maths-based degree, for example:

  • Actuarial Science
  • Mathematics
  • Statistics
  • Economics
  • Engineering
  • Chemistry, or
  • Physics

If you do not have a maths-based degree and want to join as a Student member, we recommend you take one of our non-member exams before applying to join. Our non-member exams will prepare you for the rigorous and demanding IFoA qualification process and give you an insight into the skills and techniques required to progress in an actuarial career.

Find out more about our non-member exams

The IFoA has Career Ambassadors worldwide who can answer your questions with regards to local job opportunities, careers in actuarial science, and anything else you wish to know about joining the IFoA.  

If you would like to speak to a Careers Ambassador, please contact careers@actuaries.org.uk.

Fees

You can find our current membership subscription fees for Student members on our subscription information web page.  We offer a reduced membership subscription rate to students on a low income.  Find whether you qualify for reduced rate subscription fees.

How to join

Simply complete our online application form and make the correct payment. If you are joining the IFoA as a Student member and intend to sit your first examination in our 2021 exam sitting, you will need to submit your Student membership application before 31 December 2020

Join the IFoA today
 

Related documents

Contact Details

If you have any questions about student membership please contact or telephone:

membership@actuaries.org.uk

We aim to respond to all initial enquiries within two working days.

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Start date
E.g., 01/12/2020
End date
E.g., 01/12/2020

Events calendar

  • Spaces available

    The webinar will discuss the challenges and opportunities schemes face in evaluating end game options, choosing a target state and understanding the impact this strategic decision could have on member outcomes long after the “end state” is reached. Adolfo, Kevin and Rhian bring over 60 years of experience in the industry and a variety of perspectives as scheme actuary, covenant adviser, trustee, de-risking adviser and insurer.

  • Spaces available

    Retail banking is going through a period of substantial change as it moves into the digital age. Banks have large amounts of data about their customers and about their risks. Open data application programming interface (APIs) and data science are enabling banks to use their data to offer innovative and sometimes personalised services. Data science is also adding value in risk areas such as fraud detection and cyber security. At the same time, the move to online banking is making it easier for firms including fintechs to enter banking without having to establish branch networks.

  • UK Town Hall 08:30-09:30

    Webinar
    4 December 2020

    Spaces available

    IFoA President Tan Suee Chieh would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual UK Town Hall 2020, hosted by Tan Suee Chieh with IFoA’s Immediate Past President, John Taylor, President Elect, Louise Pryor and IFoA Chief Executive, Stephen Mann.  

  • UK Town Hall 10:00-11:00

    Webinar
    4 December 2020

    Spaces available

    IFoA President Tan Suee Chieh would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual UK Town Hall 2020, hosted by Tan Suee Chieh with IFoA’s Immediate Past President, John Taylor, President Elect, Louise Pryor and IFoA Chief Executive, Stephen Mann.  

  • Spaces available

    Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.

  • Spaces available

    Patrick Kennedy, Partner at Gateley Legal and Founding Director of Entrust (a leading professional pensions trustee company), will be delivering an update on the latest legal developments during the course of 2020. With both a pensions legal perspective and over 25 years of trustee service, Patrick will seek to highlight how the letter of the law has continued to evolve against the backdrop of a difficult and challenging year

  • Spaces available

    The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report. 

  • Spaces available

    Running off the £2 trillion of UK corporate sector defined benefit liabilities in an efficient and effective fashion is the biggest challenge facing the UK pensions industry. Trustees and sponsors overseeing those schemes need to be clear on their target end-state and the associated journey plan – but too few have well articulated and robust plans.

  • Spaces available

    The actuarial skill set has much to offer the banking industry. So many of the skills that actuaries acquire during their working life translate across to the world of banking and yet banking is perceived as an alien environment to many actuaries. But is it?

  • Spaces available

    Covid-19 has required an urgent and cross-practice initiative to facilitate the extensive impact this pandemic has across all industries. IFoA members have been keen to contribute in a different way, so we developed the IFoA Covid-19 Action Taskforce [ICAT] to coordinate our effort, with a more efficient governance.

    We have over 500 volunteers and countless topics which we have amalgamated into 93 workstreams.