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Exam is divided into four parts: Students must take 15 subjects in preparing for actuarial exams.Subjects are grouped in CT,CA,ST,and SA series

There are 9 Subjects in CT series,3 subjects in CA series,6 subjects in ST series out of which the student will chose 2 subjects and 6 subjects in SA series out of which the student will chose 1 subject.

  1. CT series - 9 papers (CT1-Financial mathematics,CT2-Finance and financial Reporting,CT3-Probability and Mathematical Statistics,CT4-Models,CT5-General Insurance,Life and Health Contingencies,CT6-Statistical Methods,CT7-Economics,CT8-Financial Economics,CT9-Business Awareness Module)

  2. CA series - 3 papers (CA1-Core Applications concepts consisting of assets and liabilities,CA2-Modelling,CA3-Communications)

  3. ST series - 2 papers out of 6 papers (ST1-Health & care Insurnce,ST2-Life Insurance,ST3-General Insurance,ST4-Pension & other employee benefit,ST5-Finance & Investment A,ST6-Finance and Investment B)

  4. SA series - 1 paper out of 6 papers (SA1-Health & Care,SA2-LIfe Insurance,SA3-General Insurance,SA4-Pension & other Employee Benefit,SA5-Finance,SA6-Investment)

On passing all the CT series subjects, a student member is eligible to get the certificate in actuarial techniques (CAT).

On passing all the subjects up to and including ST series, a student is eligible to be admitted as an associate member of the society and use AASI against his/her name.
After passing the chosen subject from the SA series, associate will be awarded fellowship and can use FASI against his/her name.

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