Application criteria and process
Are there any qualification criteria I need to meet to apply for Student membership of the IFoA?
No. Following consultation with IFoA members, as of the 12 March 2020, educational entry criteria for Student membership of the IFoA have been removed. You no longer need to provide comprehensive school, university and post-graduate qualification details and supporting documents.
Do I need to pass CM1 or CS1 exams as a non-member before applying for Student membership of the IFoA?
No. You no longer need to pass either CM1 or CS1 exams as a non-member before applying for Student membership of the IFoA,
Will I receive confirmation that my application is received?
Once you complete and submit your online application you will be taken to a web page which confirms that your application has been successfully submitted.
How long will my application take to process?
Depending on volumes received Admission applications can take up to 3 weeks to be processed. You will be notified by email from email@example.com once your application has been accepted.
Exams entry and admission
Deadlines for submitting applications
We accept admission applications throughout the year. However in order to guarantee that your application will be completed in good time for the exam sessions, please submit your applictaion well in advance of our published deadline dates. Deadline dates can be found on our Making your exam booking web page.
Can I book an exam before my Student membership has been confirmed?
You must be confirmed as a student member to book any of our exams.
How much are Student membership subscription fees?
Your membership subscription fee will depend on your personal annual income. You can find information on our Subscription information web page.
How do I obtain reduced rate fees?
You will be able to apply for reduced rate membership subscription fees by completing th Reduced rate section of the online form. Income thresholds for reduced rate subscription fees are listed on our Subscription information web page.
Do I need to pay an entrance fee?
Yes. In addition to paying your membership subscription fee, you will also need to pay an entrance fee of £135.00.
How do I pay for my admission application?
We accept payments for admission applications by credit or debit card, AMEX, PayPal, cheque and BACS (bank transfer).
Once your application is successfully submitted, if your chosen method of payment is credit or debit card, AMEX or PayPal you will be sent an email with a link and instructions on how to make payment. This can take up to 3 weeks from when you submit your application. Once you have made payment via the link in the payment email you will received an email confirming your membership within 24 hours.
If your chosen payment method is via bank transfer or cheque you will receive an email confirming your membership with the IFoA up to 3 weeks from when payment is received.
If your application is not accompanied by a remittance advice or a follow up cheque towards the payment we will assume that you wish to pay online and the relevant instructions and link will be emailed to you.
How long do I have to pay the admission application invoice online?
For card payments, once you receive the payment link your payment is due immediately. However after 30 days audits will be run and if our payment has not been received, your application may be removed. Please note you will not become a full student member or be able to book any exams until this invoice is paid.
Education Services Team
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
Wicked Problems, Clumsy Solutions and Leading Change
Dr Catherine Donnelly will present the basics of the structures for pooling longevity risks and summarise recent research results in this area in addition to outlinging future research around this topic. This is work under a research programme funded by the IFoA's Actuarial Research Centre, called 'Minimizing longevity and investment risk while optimising future pension plans'.
Climate-Related Risk - This free to view webinar on Climate-Related Risk is the first in a series focusing on some of the ‘Hotspots’ identified in the JFAR Risk Perspective bringing the Risk Perspective to life with practical illustrations and insights from subject experts from the IFoA and other Regulators
Recent decades have seen institutions, such as employers and financial services, give people more choice and flexibility, but these freedoms have come with more responsibilities. Individuals are now responsible for managing more of their own financial risks, from ensuring they put enough money into their pension to securing affordable protection to be financially resilient.
Join us for this brand new IFoA webinar weries comprising of a fortnight of webinars, panel sessions and a hackathon, that showcase the range of ways in which the actuarial profession has added value, in the public interest, to the understanding and management of the current and future pandemics through insight and learning.
This event is now temporarily closed on Monday 26 April, but the session will be repeated on Tuesday 27 April, 09.00-10.30. Please click here to register your place.
Actuaries have a lot to offer biodiversity management over the next decade as the world develops more depth to its response to this global challenge. This sessional offers an opportunity to learn about this emergent risk, to contribute to our thinking as a profession and help us develop the next steps forward.
IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual Western Europe Town Hall, hosted by John Taylor with IFoA Council Members Alan Rae, Jennifer Hartley, Maribel Vasquez Flores and IFoA Chief Executive, Stephen Mann.
Mis-estimation risk is a key element of demographic risk, and past work has focused on mis-estimation risk on a run-off basis. However, this does not meet the requirements of regulatory regimes like Solvency II, which demands that capital requirements are set through the prism of a finite horizon like one year. This paper presents a value-at-risk approach to mis-estimation risk suitable for Solvency II work
This year's Finance and Investment Virtual Conference takes on the timely theme of ‘resilience’, something we have all learnt a lot more about in the last year! Our diverse range of talks will explore the theme of resilience in a variety of ways including in building robust investment portfolios, in the incorporation of ESG factors, in govern
IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual Central and Eastern Europe Town Hall, hosted by John Taylor and IFoA Chief Executive, Stephen Mann.
This talk will explore the potential benefits that wearable tech can bring to health & protection insurers and their customers. The traditional approach of integrating wearables into insurance has largely focused on measuring steps and using rewards-based incentive programs to encourage more activity.
Join us for this talk with Professor Sir Adrian Smith as part of the 'Dr Patrick Poon Presidential Speaker Series'. Professor Smith joined The Alan Turing Institute as Institute Director and Chief Executive in September 2018. In November 2020, he became President of the Royal Society, in addition to his leadership of the Turing. He is also a member of the government's AI Council, which helps boost AI growth in the UK and promote its adoption and ethical use in businesses and organisations across the country. He received a knighthood in the 2011 New Year Honours list.
We continue to live in a world of global uncertainty. Survival depends on our ability to simultaneously navigate through the diverse root-causes, ranging from: the consequences of Climate Change; on-going financial consequences of the COVID pandemic; or self-imposed changes in regulatory requirements and accounting standards.