Applications from individuals who hold passes from the Institute of Actuaries of India will be considered subject to the guidelines detailed below.
It should be noted that for the IAI December 2018 examinations, the IFoA will not be recognising IAI passes achieved.
The IFoA is currently unable to confirm whether we will be recognising IAI examination passes achieved after January 2019. The changes occurring in both the IFoA and IAI curriculum and examinations from January 2019 means the IFoA has to receive and carry out an audit of the IAI 2019 materials as well as compare the two examination systems before a final decision can be made.
We will keep students informed of progress through our student newsletter and this webpage.
Students will have until 31 December 2023 to claim any exemptions from the IFoA for passes achieved from the IAI examinations as per the guidelines below.
In order to gain an exemption from CM1 students must have
- obtained passes in both CT1 and CT5 from the IAI examinations within the exam sessions detailed below and claimed this from the IFoA by 31 December 2023
- obtained a pass in either CT1 or CT5 with the IFoA and a pass in other subject from the IAI examinations within the exam sessions detailed below and claimed the exemption from the IFoA by 31 December 2023
In order to gain an exemption from CS2 students must have
- obtained passes in both CT4 and CT6 from the IAI examinations within the exam sessions detailed below and claimed this from the IFoA by 31 December 2023
- obtained a pass in either CT4 or CT6 with the IFoA and a pass in other subject from the IAI examinations within the exam sessions detailed below and claimed the exemption from the IFoA by 31 December 2023
| Institute of Actuaries of India exam | IFoA Fellowship exemptions |
|---|---|
| Any of CT1, CT2, CT3, CT4, CT5, CT6, CT7 or CT8 (If sat and passed between May 2005 and September 2018 exam sessions) | The corresponding CT exams |
| CT9 (If sat and passed between June 2013 and December 2018 exam sessions) | CT9 |
| CA1 (If sat and passed between May 2005 and September 2018 exam sessions) | CA1 |
| CA2 (If sat and passed between May 2005 and 4 March 2015 exam sessions. This is because the structure of our CA2 exam changed significantly in March 2015) | CA2 |
| CA3 (If sat and passed between May 2005 and 8 July 2017 exam sessions. This is because the IFoA's CA3 exam will be replaced by CP3 from September 2017) | CA3 |
| Any two ST subjects (Awarded after 1 May 2005, excluding ST3 which is no longer part of the IFoA syllabus) | The corresponding ST exams |
| Earlier Institute of Actuaries of India exams | |
|---|---|
| Exams passed between November 2000 and 1 May 2005 | If you passed the 100 series exams and subject 201 under the previous Institute of Actuaries of India syllabus we can grant exemptions from our corresponding exams under the current syllabus. Please contact the Education Services Team for more information. |
| Exams passed before November 2000 | If you passed Institute of Actuaries of India exams before November 2000 please contact the Institute of Actuaries of India in the first place. |
For students with degrees from universities in India
Applications for exemptions from IFoA exams based on degrees gained from Indian universities will only be considered from students who have graduated from:
- the Indian Statistical Institute
- an Indian Institute of Technology, or
- an Indian Institute of Management
The IFoA will not grant exemptions based on qualifications from any other universities in India.
Related documents
You might also like
-
General information and practical advice that will be useful in your studies
Contact Details
Education Services Team
education.services@actuaries.org.uk
Institute and Faculty of Actuaries, 1st Floor, Park Central, 40/41 Park End Street, Oxford, OX1 1JD
We aim to respond to all enquiries within two working days.
Filter or search events
Events calendar
-
NoCA event – Optimising Copula Structures for Risk Management
N/A24 May 2019Presented by Richard Schneider
-
SIAS Event: Navigating Organisational Politics Positively
Staple Inn Hall, High Holborn, London, WC1V 7QJ3 June 2019The term 'office politics' usually has a lot of negative connotations and indeed an inability to be able to navigate an organisation's formal processes and interact effectively with others at work can have far reaching adverse consequences.
-
Webinar: VFM Assessment in Asset Management
Webinar11 June 2019
Public scrutiny of what investment funds deliver for consumers continues to be high profile, with the FCA’s Asset Management Market Study requiring fund managers to make (and publish) an annual assessment of value for authorised funds from the end of 2019. -
Professional Skills Training - London (12 June 19)
Staple Inn Hall, High Holborn London WC1V 7QJ12 June 2019
-
Reimagining ageing
Staple Inn Hall, High Holborn London WC1V 7Q14 June 2019Reimagining ageing, hosted by the Institute and Faculty of Actuaries, in partnership with the ILC
-
Sessional Meeting - Climate Risk Reporting Practices by UK Insurance Firms and Pension Schemes
Staple Inn Hall, High Holborn London, WC1V 7QJ17 June 2019Increasing global concern over the impact of climate change has recently led to public scrutiny over the adequacy of existing risk management practices by insurance firms and pension schemes in dealing with these challenges, that potentially impact both individual actuaries and the IFOA generally.
-
NED Event: Behavioural Finance and Boards
Staple Inn Hall, High Holborn, London, WC1V 7QJ18 June 2019This event is now full. Please register here for the wait list -
Pensions Conference 2019
Bristol Marriott Hotel City Centre, 2 Lower Castle Street, Old Market, Bristol, BS1 3AD18-19 June 2019Covering current topics and industry trends, the conference also includes a pre-conference evening dinner (18 June) giving you the opportunity to develop your network. -
KSS event – FinTech and The Actuarial Profession
EY, Atria One, 144 Morrison Street, Edinburgh19 June 2019This KSS talk from FinTech Scotland's CEO will explore the mission to create an integrated Fintech ecosystem through provision of funding, support, infrastructure and talent that recognises and responds to the needs of all stakeholders - and the overarching aim for Scotland to be one of the top 5 Fintech global leaders by 2020.
To book your place, please email Barry_Shannon@standardlife.com
-
Current Issues in General Insurance (CIGI) 2019
Inmarsat, 99 City Road, London, EC1Y 1BJ19 June 2019CIGI is a well-established one-day seminar designed to increase awareness and encourage discussion on a variety of topical issues across the general insurance industry.
There will be an excellent and diverse line-up of speakers to provide a variety of perspectives and challenge covering technical and professional areas.
-
KSS Event: How to Stop Bad Data Driving out the Good (In an Age of Misuse, Misleadingness and Misinformation)
Edinburgh Hymans Robertson, 1 Exchange Place, Semple St, Edinburgh EH3 8BL20 June 2019Fake news, post truth, mistrust of experts... a familiar roll call of anxieties – or perhaps clichés – about our data rich world. They point to an underlying fear that in this data abundant age the bad data drives out the good and we are left with a broken public discourse.
-
Professional Skills Training - Edinburgh (20 June 19)
IFoA (Edinburgh), Level 2, Exchange Crescent 7 Conference Square Edinburgh EH3 8RA20 June 2019 -
Cass Event – New Thinking about Deferred Annuities
Cass Business School, Executive Education Facilities 200 Aldersgate St, London EC1A 4HD21 June 2019Our motivation for discussing this important subject comes from some exciting recent research which has analysed the impact of behavioural factors on the decision to purchase an annuity. This work has shown that behavioural factors can explain the well-known low demand for immediate annuities but this research also identifies an important opportunity in relation to deferred annuities (DA). The research suggests that these factors lead to positive incentives to purchase a DA and that, for longer deferred periods, a DA could be an attractive product for both consumers and insurers.
-
Sessional: Why the Pensions Dashboard is more than a data collection exercise
Royal College of Physicians, 9 Queen St, Edinburgh EH2 1JQ24 June 2019The pensions dashboard has been talked about across the industry for a long time and now nears implementation with DWP’s consultation ending in January 2019. -
IFoA/SAS Joint Professional Skills Training – Singapore
Room 903, NTUC Centre, Level 9, One Marina Boulevard, Singapore 01898925 June 2019The Institute and Faculty of Actuaries (IFoA) and Singapore Actuarial Society (SAS) are organising a joint Professional Skills Training (PST) in Singapore. This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Life, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.
-
Professional Skills Training - London (25 June 19)
Staple Inn Hall, High Holborn London WC1V 7QJ25 June 2019 -
AGM and Presidential Address 2019 + Volunteer and Member Drinks Reception
The Hub Castlehill Edinburgh EH1 2NE26 June 2019
Notice is hereby given that the ANNUAL GENERAL MEETING of the INSTITUTE AND FACULTY OF ACTUARIES will be held at The Hub, Edinburgh on Wednesday 26 June 2019 at 16.30 (Preceded by tea from 16.00) and followed by a PRESIDENTIAL ADDRESS given by John Taylor.
-
IFAM event - Actuarial Teachers’ & Researchers’ Conference 2019
Institute for Financial and Actuarial Mathematics Department of Mathematical Sciences The University of Liverpool Mathematical Sciences Building Peach Street Liverpool, L69 7ZL27 June 2019 - 29 June 2019The Institute for Financial and Actuarial Mathematics (IFAM) at the University of Liverpool is pleased to host the 2019 Actuarial Teachers’ and Researchers’ Conference from 27-28 June 2019. This annual two-day event has been running annually now for many years, each time hosted by a different university, and provides all those interested in actuarial research and education a great opportunity to share their ideas and catch up on the latest developments.
-
IFoA/ASM Joint Professional Skills Training – Kuala Lumpur
Menara AIA, Auditorium, 99 Jalan Ampang, 50450, Kuala Lumpur28 June 2019The Institute and Faculty of Actuaries (IFoA) and Actuarial Society of Malaysia (ASM) are organising a joint Professional Skills Training (PST) in Kuala Lumpur. This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Life, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.
-
SIAS: The Impact of Air Pollution on Health and Life Expectancy
Staple Inn Hall, High Holborn, London, WC1V 7QJ2 July 2019Air pollution has gained increasing attention lately. Nicola Oliver, head of longevity and mortality research for Medical Intelligence, will discuss not only the impacts of air pollution on health and life expectancy but also how as an industry we should be addressing it.
-
Behavioural Finance Research Launch
Staple Inn Hall, High Holborn, London, WC1V 7QJ4 September 2019
-
GIRO Conference 2019
EICC, The Exchange, 150 Morrison St, Edinburgh EH3 8EE24-26 September 2019GIRO is attended annually by over 800 delegates and speakers who are keen to discuss key topics such as Pricing, Reserving, Modelling and the future of the insurance industry. GIRO 2018 was a huge success and we have opened bookings early for what we hope will be another brilliant conference at the EICC in Edinburgh this year.
