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Exam Q&As for non members

In the 2019 Curriculum exam non-members will be able to choose to take either the CM1 or CS1 exam. Read our 2019 exam dates and questions and answers (Q&As) for more information:

2019 exam dates

See our latest exam dates

Questions and answers (Q&As)

Registering and booking for the CM1 or CS1 exam

When can I register for the CM1 or CS1 exam?

The exam registration for April 2019 exams opened on Monday 14 January 2019 and the closing date is:

  • Monday 11 February (17.00 UK time) for all exam centres (including UK and Ireland)

Where can I register for the CM1 or CS1 exam?

If you have not previously registered, you can complete the Non-members exam registration form (only available during the exam entry period).

How long after registering will I be able to book the exam?

Once you have completed the registration form online, providing that all information is entered correctly, you will receive your ARN (Actuarial Reference Number) within 24 hours, along with information on how to activate your online account. Once these steps have been completed you will be able to book your exam.

How many times can I register?

Our system will only accept one registration (the first one entered). Subsequent registrations after this will be void as duplicates. If you have made a mistake with your registration please call Education Services on +44 1865 268207 to see if this can be corrected.

Do I need to register if I already have an ARN?

If you have registered before and have an existing ARN you do not need to register again. You can simply login to your online account to book the exam.

I have not received my ARN 24 hours after registering

If you do not receive your confirmation email and you believe you have registered correctly, please contact us on +44 1865 268207. The IFoA is closed during weekends, therefore registrations made over this time will be confirmed on the following Monday.

How do I book the CM1 or CS1 exam?

Once you have your ARN and have activated your online account you can login to book and pay for your exam there (card and PayPal payments only). Once logged in go to My Account – My exams – Book an exam. A confirmation email will be sent to you once the exam is booked.

Can late bookings, applications and payments be accepted after the deadline?

All bookings, applications and payments must be received before the exam registration closing date. The IFoA cannot accept any late entries to the exam and if your application and payment/booking is not made by this time, you will not be able to sit in the exam session at that time.

Exam cost and payment

How much are the exams?

The cost of the CM1/CS1 exams for non-members is £320.00* full rate and £180.00* reduced rate. This is just the cost of the exam; no study materials are supplied. *Prices can be subject to change.

How can I apply for a reduced rate exam?

When you complete the online registration there will be a box to tick to indicate that your personal annual income is below £7230.00. This must be ticked correctly for you to receive a reduced rate exam fee.

How can I pay by bank transfer or cheque?

During the registration window the exam application forms for offline payments will be available for you to complete. You must send us the application form with the payment included. For BACS payments the BACS remittance/proof of payment must be sent with the application. You will receive a confirmation email once the exam is booked.

Exam permits

When will I get my exam permit?

Exam permits can be found in your online account one week before the start of the exams. You must login to your account to download your exam permit to take to the exam.

Exam centres

Where can I find a list of the exam centres?

The exam centres in use for the exam session will be published on the exam centres page and we attempt to keep this up-to-date during the exam registration window.

What if my chosen exam centre is not available to book?

Exam centres can fill very quickly and exam centres will have a capacity limit for the exam sitting. We encourage you to book your exam as early as possible after the exam registration opening. Should your first choice exam centre not be available, you should make another selection.

Can I change my exam centre once it has been booked?

If you wish to change your exam centre and the centre you wish to change to has available capacity, you can switch your exam centre by calling Education Services on +44 1865 268207. You will only be able to make any changes to exam centres during the exam registration opening window. After this there will be no amendments.

Exam study and preparation

How should I plan my exam study?

Read our Exam preparation information on tuition, past exam papers, the exam syllabus and lots more.

Where can I purchase study materials?

You can purchase the exam core reading from the IFoA eShop and also the ActEd (the Actuarial Education Company).

Is there anything I should do in preparation for my exam?

Please read our on your exam day information.

Exam changes and updates

How will I find out if there are any changes or updates to my exam?

Please ensure you frequently check our Exam news and updates page.

In addition to this, the IFoA will use Twitter to post up-to-date exam information and any updates required.

You can find and follow us on @ActuaryStudents

 

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

+44 01865 268207

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

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Events calendar

  • Data Science: Opportunities for Actuaries

    The IFoA's first virtual event   
    26 February 2019 - 28 February 2019

    Spaces available

    The IFoA are launching their first virtual conference on the topic of Data Science, that is free to attend. This is an exciting and forward thinking move to reach members all over the world and to share knowledge and discuss developments and techniques within data science.

  • Leicester Actuarial Science Society presents the 5th Annual Worshipful Company of Actuaries Lecture

    The University of Leicester, Ken Edwards Lecture Theatre 3 (see map and directions)
    27 February 2019

    Spaces available

    IFoA President-Elect, John Taylor will discuss his work on 'robo advice' and the implications of technology for the future of the profession, but also his thoughts about the immediate priorities for the actuarial profession based on his first year with the Presidential Team. 

    The Worshipful Company of Actuaries will also be explaining their work and presenting two prizes: one each to the best performing 2nd year and 3rd year BSc Mathematics and Actuarial Science student at the University during the session.

  • ARC: ERM Results Launch Event

    Staple inn Hall, High Holborn, London, WC1V 7QJ
    28 February 2019

    Fully booked.

     

    This event is now full. We do operate a waiting system for this event should there become availability, which you can register for here and be added to the waitlist. We will email everyone on the waiting list nearer the time to confirm whether there is availability for them to attend.

     

  • Actuaries Rock event – What happened at GIRO?

    Gibraltar Financial Services Commission P O Box 940 Suite 3, Ground Floor Atlantic Suites Europort Avenue GX11 - 1AA Gibraltar
    28 February 2019

    Spaces available

    This event is run by Actuaries Rock, the regional society for actuaries in Gibraltar. To register please email:  kmorgan@gfsc.gi 

  • SIAS Event: Challenges and Opportunities for Actuaries Working in Data Science

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    4 March 2019

    Spaces available

    This talk will present examples of the use of data science in the General Insurance and Health and Care practice areas. It will highlight some of the opportunities and challenges for actuaries in using the latest data science techniques in these fields.

    1. Lisa Balboa will present on using predictive analytics to improve health care forecasting.
    2. Alexander Hanks will present a practical example of training a neural network to fit curves to general insurance claims data.
  • Highlights of the Life Conference 2018 - London

    Ect Venues, 200 Aldersgate, St. Pauls, London EC1A 4HD
    5 March 2019

    Spaces available

    IFoA event AllThis event will cover the highlights from the Life Conference 2018 held in Liverpool. The Conference Committee has reviewed session feedback and has put together a high-quality technical programme featuring the best sessions from the Life Conference 2018.  Book now to ensure your place.

  • Life and F&I One Day Workshop

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    11 March 2019

    Spaces available

    IFoA Event Logo AllThis cross-practice event for Life actuaries and those in finance and investments roles offers high-quality CPD with a series of thought-provoking presentations covering economics and financial markets, responsible investment, CMA review outcome, FCA requirements, asset analytics, and much more.

  • Spring Lecture 2019, Edinburgh - Sir John Curtice

    Royal College of Physicians, 9 Queen St, Edinburgh EH2 1JQ
    13 March 2019

    Fully booked.

    In conjunction with the Scottish BoardEdinburgh is now full. However, you can still register here to view the event live online, allowing those who cannot attend in person to stream the lecture to their computer, laptop, tablet, and phones wherever they are in the world. 
    We do operate a waiting system for each of the Edinburgh and London venues should there be availability, which you can register for here and be added to the waitlist. We will email everyone on the waiting list nearer the time to confirm whether there is availability for them to attend.
  • Spring Lecture 2019, Live stream at Staple Inn - Professor Sir John Curtice

    Staple Inn, High Holborn, London, WC1V 7QJ
    13 March 2019

    Fully booked.

     
    In conjunction with the Scottish BoardFollowing the popularity of this year’s Spring Lecture, delivered by Professor Sir John Curtice, an additional venue has been sourced for Members to attend a London Livestream event at the Lloyd's building. Please register here. Alternatively, you can still register here  to view the event live online, allowing those who cannot attend in person to stream the lecture to their computer, laptop, tablet, and phones wherever they are in the world. 
     
  • Sessional Meeting: Investment risk for long term investors - risk measurement approaches

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    18 March 2019

    Spaces available

    The term ‘investment risk’ is often used loosely, and frequently confused with the notion of short term price volatility, particularly for equity instruments. For the long term investor, however, what is most apposite is the ability to meet future real cash flows as they become due.

  • KSS event – Index Based Longevity Hedging

    Royal London St Andrew House, 1 Thistle St, Edinburgh EH2 1DG
    18 March 2019

    Spaces available

    This KSS talk on Index Based Longevity Hedging  -  The Dutch Experience and implications for the UK market will cover the structure of deals to date in the Dutch market; the challenges in determining the Solvency 2 capital treatment for such deals and the work done by the Longevity Risk Transfer Working Party of the Dutch Insurance Association; a proposal for a method for quantification of Basis Risk based on a recent paper “Basis Risk in Index Based Longevity Hedges: A Guide for Longevity Hedgers” by Cairns & El Boukfaoui, and implications for the future, both in terms

  • Highlights of the Life Conference 2018 - Edinburgh

    Apex Grassmarket Hotel, 31-35 Grassmarket, Edinburgh EH1 2HS
    19 March 2019

    Spaces available

    This event will cover the highlights from the Life Conference 2018 held in Liverpool. The Conference Committee has reviewed session feedback and has put together a high-quality technical programme featuring the best sessions from the Life Conference 2018.  Book now to ensure your place.

  • KSS event - FinTech and The Actuarial Profession

    Barnett Waddingham 163 West George Street, Glasgow, G2 2JJ
    20 March 2019

    Spaces available

    This 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.

  • IFoA’s Diversity Advisory Group: The Power of Deep Listening

    Aviva, The Agora, Level 2B, St Helens, 1 Undershaft,  London EC3P 3DQ
    21 March 2019

    Spaces available

    8th March is International Women’s Day. The IFoA’s Diversity Advisory Group will be facilitating a session later in March as part of this celebration. Subject to availability. All members are welcomed. Please contact Susan Hunter Jones (susan.hunterjones@aviva.com) to register for the session.

  • Professional Skills Training - Edinburgh (26 March 19)

    IFoA (Edinburgh), Level 2, Exchange Crescent 7 Conference Square Edinburgh EH3 8RA
    26 March 2019

    Spaces available

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2018/2019.  This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • Ogden Discount Rates Round Table

    Staple Inn Hall, High Holborn London WC1V 7QJ
    9 April 2019

    Spaces available

    Amid significant UK political uncertainty, the bodily injury settlement framework has continued to make progress. At the time of the Ogden discount rate change of early 2017 and throughout that year, Staple Inn was host to a set of events to discuss the changes and the subsequent MOJ review. This provided an important forum for debate, supporting your own thinking while helping inform the IFoA of the wide range of views on the subject.

  • Professional Skills Training - London (16 April 19)

    Staple Inn Hall, High Holborn London WC1V 7QJ
    16 April 2019

    Fully booked.

    Please register here to join the wait list

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2018/2019.  This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • TIGI 2019 (Technical Issues in General Insurance)

    Royal College of Physicians, 11 St Andrews Place, Regent's Park, London, NW1 4LE
    25-26 April 2019
    Spaces available

    This General Insurance CPD offering has been changed from former years of individual one day seminars to include individual sessions for IFRS 17, Pricing, Capital Modelling and Reserving over a two-day event  packaged as Technical Issues in General Insurance, providing attendees with a varied program . The event is suitable for anyone who works, or are interested, in these areas.

  • Professional Skills Training - Edinburgh (30 April 19)

    IFoA (Edinburgh), Level 2, Exchange Crescent 7 Conference Square Edinburgh EH3 8RA
    30 April 2019

    Spaces available

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2018/2019.  This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • IFoA Asia Conference 2019, Chengdu

    Crowne Plaza Chengdu Panda Garden, Poly Park 198, No. 1980 ShuLong Avenue,Xindu District, Chengdu
    09-10 May 2019
    Spaces available

    IfoA Logo for eventsOffering a diverse selection of plenary sessions and cross-practice workshops, the annual Asia Conference is the perfect opportunity to discover and discuss current and developing actuarial topics in Asia, whilst providing excellent opportunity to grow your network of contacts.

  • CILA 2019

    30 Euston Square, London NW1 2FB
    14 May 2019

    Spaces available

    CILA is one of the pre-eminent events in the annual Life calendar. It is aimed at practicing life actuaries from life offices, consulting firms and other employers of actuaries. It will also be of interest to all those who work in or advise on, the life assurance market in the UK and Europe.

  • KSS event – Bulk Annuity Market Update

    Willis Towers Watson 2 Lochrin Square, 96 Fountainbridge, Edinburgh EH3 9QA
    15 May 2019

    Spaces available

    This KSS talk will give a bulk annuity market update over 2018 and for 2019 and beyond.  The presenters will also consider bulk annuity options as part of pension scheme de-risking strategies, and how pension schemes can best prepare when requesting a quote in order to achieve a favourable outcome. To book please email Dawn.Neil@willistowerswatson.com.

  • KSS event – Bulk Annuity Market Update

    Willis Towers Watson 2 West Regent Street Glasgow G2 1RW
    16 May 2019

    Spaces available

    This KSS talk will give a bulk annuity market update over 2018 and for 2019 and beyond. The presenters will also consider bulk annuity options as part of pension scheme de-risking strategies, and how pension schemes can best prepare when requesting a quote in order to achieve a favourable outcome. To book a place please email Dawn.Neil@willistowerswatson.com

  • Risk and Investment one day Conference 2019

    Amba Hotel, Charing Cross, Strand, London WC2N 5HX
    20-21 May 2019
    Spaces available

    This year's Risk and Investment Conference will be taking place at Amba Hotel, Charing Cross, London.

    To book your place click here.

     

  • Sessional Research Event - Saving for Retirement: Rules of Thumb

    Staple Inn Hall, High Holborn London WC1V 7QJ
    20 May 2019

    Spaces available

    How much does the average person need to save over a full working life to provide a decent retirement income? We call this the Lifetime Pension Contribution (LPC) and have attempted to quantify it.

  • Professional Skills Training - London (12 June 19)

    Staple Inn Hall, High Holborn London WC1V 7QJ
    12 June 2019

    Spaces available

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2018/2019.  This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • NED Event: Behavioural Finance and Boards

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    18 June 2019

    Spaces available

    Substantial work has been undertaken in the field of behavioural finance to explore the psychological factors affecting investment decisions made by individuals.  In contrast, “behavioural” factors (such as politics or human psychology) affecting decisions and actions made by institutional investors, such as insurers or pension schemes, are less understood.

  • Pensions Conference 2019

    Bristol Marriott Hotel City Centre, 2 Lower Castle Street, Old Market, Bristol, BS1 3AD
    18-19 June 2019
    Spaces available

    This year's Pensions Conference will be taking place at the Bristol Marriott City Centre.

  • Current Issues in General Insurance (CIGI) 2019

    Inmarsat, 99 City Road, London, EC1Y 1BJ
    19 June 2019

    Spaces available

    CIGI will provide an excellent and diverse line-up of speakers, each providing their insight and knowledge on a range of topics.  The programme will be broad in nature, so will be of most value to those with some experience in the industry. 

  • Professional Skills Training - London (25 June 19)

    Staple Inn Hall, High Holborn London WC1V 7QJ
    25 June 2019

    Spaces available

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2018/2019. This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.