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Exemptions for Society of Actuaries’ students

If you have passed Society of Actuaries' exams after 2008 we can grant exemptions from some of our exams

Applications from individuals from other actuarial associations that we have agreements with, for subjects passed before December 2018 will be considered. Individuals will have until December 2023 to claim their exemption. Examinations sat after December 2018 will be subject to further discussions with those associations. Further details will be released shortly.

Society of Actuaries exams IFoA Fellowship exemptions
Exam P - Probability, and VEE Statistics CT3
Exam FM - Financial mathematics CT1
VEE Corporate finance CT2
Exams MLC - Life contingencies, and C - Construction and evaluation of actuarial models
(Exemptions are not given for these exams individually - you must have passed both exams.)
CT4 and CT5
VEE - Economics CT7
Exam MFE - Financial economics CT8
All modules of Fundamentals of actuarial practice (you must provide evidence that all modules of Fundamentals of actuarial practice including assessments, have been passed with the SoA. Students who have been granted an exemption from FAP by the SoA are not eligible to apply for an exemption from CA1) CA1
Group and health company/ sponsor perspective (CSP) ST1
Individual life and annuities company/ sponsor perspective (CSP) ST2
Retirement company/ sponsor perspective (CSP) ST4
Advanced portfolio management (investments) ST0
All exams to complete the General Insurance track ST7 and ST8

If you have passed Society of Actuaries (SoA) exams before 2008

Please contact our Education Services Team with details of the exams and the exact dates on which these were passed. We can then give you more details on what exemptions you can claim.

Society of Actuaries' offer to students who have passed our exams

If you are a student of the Society of Actuaries you may be eligible for exemptions from some of their exams, based on the exams you have passed with the IFoA.

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Contact Details

Education Services Team

Institute and Faculty of Actuaries, 1st Floor, Park Central, 40/41 Park End Street, Oxford, OX1 1JD

+44 01865 268207

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