ACTUARIAL SCIENCE – BEGINNER’S GUIDE! (PART 2)
If you are in school or in 11th/12th or pursuing graduation or even completed it, you may to think of what will you make out of your career. It is always tough with so many mainstream options available. Like me, if you are a rebel and want to choose something which is challenging and yet […]
DID YOU EVER WONDER WHAT DO ACTUARIES DO PRACTICALLY IN LIFE INSURANCE COMPANIES?
We studied theoretical part of Life actuarial concepts and components in CM1/CT5. But, did you ever wonder what do actuaries do practically in life insurance companies? Well, let’s find out… Insurance is a contract between and insurance company and policyholder(s) with the motive of providing protection against a possible event in future. It is important […]
CONTINUING PROFESSIONAL DEVELOPMENT (CPD)
Our previous article described Personal Professional Development (PPD), which was to be done by members who have not become Associate or Fellow Actuary. Now let’s know what is CPD, which is a similar activity. But there is still some difference between both and you will understand when you read this article… Continuing Professional Development (CPD) […]
ACTUARIAL GUIDE – SOCIETY OF ACTUARIES, US
You want to start your actuarial career from Society of Actuaries, US and you require assistance? Here is the complete guidance you might be searching for!Society of Actuaries (SoA) is a globally recognised Institute which conducts Actuarial exams, seminars and releases publications to its members. SoA prepares individual risk management careers in traditional and emerging […]
PPD – PERSONAL AND PROFESSIONAL DEVELOPMENT
Ever wondered what is PPD and what you need to do for it? PPD stands for Personal and Professional Development. It is a mandatory activity to be done annually by IFoA working professionals. To become a fellow, minimum 36 months of work experience must be recorded as PPD. Process includes explaining to the institute what […]
CM1 OR CS1? WHICH SHOULD BE OUR 1ST PAPER?
CM1 v/s CS1 – which paper to attempt first?Probably you would be wondering which paper to attempt first being a non member…Here is a guide which will help you to choose. Either of CS1 or CM1 can be appeared as a non member, after passing your first paper you need to take membership to be […]
ACTUARIAL MATH & STATS BASIC COURSE GUIDANCE
Want to do Actuaries but wondering if you need a basic course?We at FinStat teach Math & Stats basics which will form the foundation of Actuarial Papers you appear. Who should attend?Whoever wants to do actuaries after 10th or someone who did not take Math in 12th class but now wishes to pursue actuaries. It […]
IFOA EXAM BOOKING PROCEDURE – SEPTEMBER 2021
“Light travels faster than sound. This is why some people appear bright until you hear them speak.”~Alan Dundes On a serious note, let’s learn the exam booking process for IFoA.Exam booking is the process when you inform IFOA that you wish to appear for exam(s) and hence pay the exam fees. We will cover:• Important […]
IFOA STUDENT MEMBERSHIP
Are you having doubts on how & when to apply for IFoA Membership? Here we come to rescue.. Benefits of Membership of IFoA:Here is what IFoA (Institute and Faculties of Actuaries) membership can mean to you:• You can appear for more exams. This will be the ladder for you to become a Qualified Actuary• You […]
ACTUARIAL COMMON ENTRANCE TEST (ACET)
Actuaries are known for problem solving skills all across world. Are you dreaming of being a part of this reputed Profession called Actuary? Institute of Actuaries of India is an Indian Actuarial body conducting 13 exams for you to become a Qualified Actuary. Due to Covid-19, there are online Actuarial exams conducted in March & […]