HKU HKU Dept of Statistics & Actuarial Science, HKU
 
 

The Department's Accreditation from the Institute and Faculty of Actuaries (IFoA)


 

An agreement was signed between the Department of Statistics and Actuarial Science and the Institute and Faculty of Actuaries (IFoA), United Kingdom, to accredit the BSc(ActuarSc) programme for IFoA subjects CT1-CT8, with effect from 5 September 2011.

The BSc in Actuarial Science programme, offered by the Department of Statistics and Actuarial Science, is the first programme in Asia obtaining such accreditation from IFoA.

According to the agreement, students who graduate with the BSc(ActuarSc) degree with the required marks in specified subjects will then be exempted by IFoA for subjects CT1-CT8, or some subjects of CT1-CT3 and CT5-CT7, as they begin the journey towards qualifying as an actuary.


List of Exempted IFoA subjects:
CT1Financial Mathematics
CT2Finance and Financial Reporting
CT3Probability and Mathematical Statistics
CT4Models
CT5Contingencies
CT6Statistical Methods
CT7Business Economics
CT8Financial Economics

For more details of the IFoA exemptions, please visit here.