Exemptions from Professional Exams



The Actuarial Profession will award the following examination exemptions for

Core Technical Subject CT1
Financial Mathematics


to students who achieve a mark of  60 or higher on each of the University of Leeds modules
  • MATH1510 (Financial Mathematics 1) in 2010/11 or later, and
  • MATH 2515 (Financial Mathematics 2) in 2011/12 or later.
Students who have taken MATH1510 in 2009/10 and MATH2510 in 2010/11 and have achieved a mark of 60 or higher in each of these two modules, can submit individual applications to the Institute and Faculty of Actuaries. If you plan to submit such an application, please pick up a copy of the document "Content Mapping for MATH1510 and MATH2510" from the Maths Taught Student Office, which you will need to submit with your application.


Core Technical Subject CT3
Probability and Mathematical Statistics


to students who attain an average mark of at least 60% over the following three University of Leeds modules
  • MATH1715 Introduction to Probability
  • MATH1725 Introduction to Statistics and
  • MATH2715 Statistical Methods.

Please visit this webite to find details about how to apply. You will need to include the following documents with your application.
  • A certified copy of your official university transcript which should include the marks for all modules taken in each academic year of the degree.
  • A certified copy of your university degree certificate which is received after graduating.


Exemptions from ACCA and CIMA examinations are also available. Please note that these exemptions are subject to periodic review.

ACCA

Programme: BSc Mathematics with Finance
Paper F2: passes in LUBS1245 and LUBS2220
Paper F9: passes in LUBS2200 and LUBS3110

Programme: BSc Actuarial Mathematics
Paper F2: passes in LUBS1245 and LUBS2220

CIMA

BSc Mathematics with Finance
BSc Actuarial Mathematics

C1. Fundamentals of Management Accounting
LUBS1245 Introductory Management Accounting

C3. Fundamentals of Business Mathematics
MATH1510 Financial Mathematics 1 and MATH1715 Introduction to Probability

C4. Fundamentals of Business Economics
LUBS1950 Economic Theory and Applications 1

P1. Performance Operations
LUBS2220 Management Accounting 2




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