Applicable for anyone who began studies in or after 2019/20
Students reaching a minimum total of 650 marks in the following courses weighted as shown below will be granted exemptions for the correspondning IFoA subjects CS1, CS2, CM1, CM2 and CB2.
The prevailing formula is:
ST330 x2 + ST102 + (EC100 or EC102) + ST202 + ST226 + ST227x0.5 + ST301 + ST302 x0.5
+ [average of four half units among ST300, ST303, ST304, ST306, ST308, ST326] x2
Students who have taken AC102&AC103 and FM213 together will be granted another exemption for CB1, given a minimum total of 780 marks is attained (the previous prevailing formula+ AC102 & AC103 + FM213).
Applicable for all students who began study before 2019/20
Students reaching a minimum total of 455 marks in the following courses weighted as shown below will be granted exemptions for CT1, CT3, CT4, CT5, CT6, CT7 and CT8.
The prevailing formula is:
ST102 x 0.75 + EC102/EC100 x 0.75 + ST202 x 0.75 + ST226 x 0.75 + ST227 x 0.50 + ST300 x 0.10 + ST302 x 0.50 + ST304 x 0.15 + ST301 x 1.00 + ST306 x 0.75 + ST330 x 1.00 (or ST308 instead of ST300 when taken).
Students who have taken AC102 & AC103, or AC104*, and FM212** or FM213 together will be granted another exemption for CT2, given a minimum total of 520 marks is attained (the previous prevailing formula + AC104 / AC102 & AC103 x 0.5 + FM212 or FM213 x 0.5).
* In 2018/9 AC104 was replaced by AC102 & AC103 for all BSc Actuarial Science students
** in 2018/9 FM212 was replace by FM213 for all BSc Actuarial Science students