Prizes and Actuarial Exemptions
5.10 Prizes and Actuarial Exemptions
Prizes
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: http://www.warwick.ac.uk/fac/sci/statistics/courses/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 https://www.actuaries.org.uk/
The curriculum, which was developed in 2019, can be found at https://www.actuaries.org.uk/studying/curriculum-2019
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 https://www.actuaries.org.uk/studying/exam-exemptions/how-apply-exemption
For students entering their course in, or after, 19/20
We are working with the IFoA to develop the accreditation scheme for the new curriculum. The modules required for actuarial exemptions will be updated as soon as the details have been finalised. It should be noted that the only first year modules that will be required for actuarial exemptions are core modules.