There is no evidence (at least from this sample of 307 Fellows) that actuarial science graduates or masters students qualify any quicker than students who do other degrees and don't do an actuarial science masters. This is likely to be of concern both to the IFoA and the universities offering such courses. Once again I urge the IFoA to be transparent and publish a detailed study using its full dataset.

Here are the results split by sex in table form: Distribution of Fellowship Travel Time by Sex and graphically, first via histograms: Histograms of Fellowship travel time by sex and secondly by Box Whisker charts (the blue shaded boxes show the interquartile range, which really ought to be what the ...

A summary of the analysis I carried out on a sample of the 2020 to 2022 new qualifiers (Associates and Fellows) of the Institute and Faculty of Actuaries. Associate Travel time: median 5.54 years, mean 6.71 years. Fellow Travel time: median 6.63 years, mean 7.42 years.

Further to my previous article with an analysis of the time taken to qualify by recent (2020-2022) new Fellows and Associates of the Institute and Faculty of Actuaries, you can try a simulation of how long it might take you to qualify here.

(Like all my posts on this blog, these are my personal observations, made in a personal capacity and not representative of any employer or organisation I am associated with.) The UK government has stated that they are taking decisions based on scientific and medical advice. In particular, recent decisions have ...

In Part 1 , I wrote: When done accurately and before any clever processing, the number of cashflows produced can easily run into the millions , and for a large pension plan, into the billions . (When I have time, I plan to explain why, and talk about some of ...

Further to this post , the exact same behaviour (as for .NET Core 2.2) is observed in .NET Core 3 Preview.

For many years, I and colleagues have been aware that the treatment of maths in .NET (and even before that in C++) can lead to code FAILING SILENTLY. That is: the code stops working normally, but instead of stopping and letting the user know that there is a problem, it ...