Program Structure

QUALIFICATION program structure

dia1

CHANGES COMMENCING IN 2019

Part III will be replaced by the new Fellowship Program.

The new Fellowship Program comprises three half-year modules delivered in an online format.  Student experience will be enriched through improved quality of learning resources, teaching, assessment, and feedback. 

Students can choose from 11 subject options within three modules depending on their chosen area of specialisation.

The program will be phased in from 2019 and the transition rules have been designed to minimise disruption to current students.

To obtain Fellowship designation under the new education model, students will have to:

  • achieve the new Associateship designation;
  • pass each of the three Fellowship modules; and
  • undertake a further one year of supervised work experience.

There will be no change to the qualification standard.

All subjects will be taught and assessed by the Actuaries Institute.

HOW DO I QUALIFY AS A FELLOW?

For the purposes of transition, students will be categorised into one of two groups:

Group A: students who obtain a full exemption from Part II by the end of 2019 (including those who attempt Part II prior to 2020 but do not gain a full exemption)

Group B: students who do not obtain a full exemption from Part II by the end of 2019  and those commencing the new Associate Program from 2020.

Please click on the link below to see your pathway to qualifying.