What is Actuarial Studies?
Actuarial Studies is a business-based course of study that involves the study of mathematics, statistics, accounting, economics and finance for application in a wide range of areas like data science and AI, Insurance, climate change and sustainability, e-commerce, superannuation, investments and banking, agribusiness and more.
Actuaries use data for good by harnessing the evidence to navigate into the future and make a positive impact. They think deeply about the issue at hand, whether it’s advising on commercial strategy, influencing policy, or designing new products. Actuaries are adept at balancing interests of stakeholders, clients, and communities. They are called upon to give insight on complex problems, they will look at the full picture. Actuaries analyse the data and model scenarios to form robust and outcome-centred advice.
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- Actuaries Institute
Exemptions
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Exemptions recognise any prior actuarial study that align with subjects within the Institute's Education Program. You apply for exemptions to gain official acknowledgment that you have completed certain parts of the program – you'll thus become "exempt" from needing to study these through the Institute.
There are 3 types of exemptions:
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Accredited actuarial course exemptions:
For if you've studied an Institute accredited degree at university
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2. Allied study exemptions
For if you've studied a non-accredited uni degree with subjects in math, business,
economics or finance
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3. Other credit transfers
For if you've studied a degree overseas
or completed core principle subjects through a recognised
Actuarial Professional Body
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