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Prizes and Actuarial Exemptions

Handbook Contents

1 General Information
2 Course Regulations and Progression
3 Module Selection and Course Transfers
4 Teaching, Learning and Study
5 Examinations and Assessment
6 Pastoral Care and Support
7 Student Voice
8 Careers and Personal Development
9 University Information

5.10 Prizes and Actuarial Exemptions


Prizes will be awarded for outstanding/excellent performances in each year of our degree courses. For continuing students, these will be presented in the induction session at the start of the next academic year.

For graduating students, these will be presented in a reception in the Department on the day of graduation. Third year integrated Masters students going into the fourth year are also eligible for Warwick Statistics Senior Scholarships:

Actuarial Exemptions

The Institute and Faculty of Actuaries (IFoA) is the UK’s only chartered professional body dedicated to educating, developing and regulating actuaries based both in the UK and internationally.

Information about the IFoA can be found at

The curriculum, which was developed in 2019, can be found at

Exemptions from the professional actuarial examinations are not given automatically. The actuarial profession only awards exemptions if a student has achieved a satisfactory overall performance as well as a satisfactory performance in the relevant University courses.

Actuarial exemptions for individual students are determined each academic year by an external assessor who validates the examination and assessment schema and sets the minimum criteria. Intermediate and finalists students will be notified of their exemptions by email of a secure link by the end of September following the examining boards.

For students entering their course before 19/20

Students admitted up to and including September 2018 will be able to study modules described below and their CT exemptions will be converted into exemptions for subjects in the new curriculum as described in the 2019 Curriculum structure. Our current syllabus enables exemptions as follows:

Old Curriculum Modules 2019+ Curriculum Notes
CT1 ST334 Part of CM1  
CT2 ST335 CB1  
CT3 ST218 / ST219 CS1 Independent application required*
CT4 ST338 Part of CS2  
CT5 ST345 Part of CM1  
CT6 ST402 Part of CS2  
CT7 (EC106 and EC220/EC221) OR (EC106 and EC204) CB2 Independent application required*
CT8 ST339 and ST401 CM2  

* Information on applying for exemptions can be found at

For students entering their course in, or after, 19/20

Covid-19 Advice

Due to the Covid-19 disruption, a solution is being discussed with IFoA for subject exemptions for students enrolled from September 2019. Students are advised to visit the following webpage for the latest advice: