Pathway to Fellowship
Situation 1
Those who completed Part II as The Actuarial Control Cycle only (i.e. those who did not complete Part II 2011 comprising Part IIA the Actuarial Control Cycle + Part IIB Investment and Asset Modelling).
- Part I
- Part II The Actuarial Control Cycle
- Part III
- Module 1: Course 1 Investments OR (C7A ERM + The Investments Bridging Course)**
- Module 2: C2A or C3A or C5A or C6A
- Module 3: C2B or C3B or C5B or C6B (in the same specialist area as the Part A)
- Module 4: Commercial Actuarial Practice
- Professionalism Course

*NB – the Professionalism Course only needs to be completed once. i.e. if the Professionalism Course is taken to meet the requirements of Associateship it does not need to be completed again to meet the requirements of Fellowship.
** NB The Investments Bridging Course only needs to be completed once. i.e. if the Investments Bridging Course is completed to meet Associate requirements it does not need to be completed again to meet the requirements of Part III.
Situation 2
Those who have not completed Part II The Actuarial Control Cycle by the end of 2010.
- Part I
- Part II 2011 (Part IIA The Actuarial Control Cycle + Part IIB Investment and Asset Modeling)
- Module 1: Course 1 Investments OR C7A ERM
- Module 2: C2A or C3A or C5A or C6A
- Module 3: C2B or C3B or C5B or C6B (in the same specialist area as the Part A)
- Module 4: Commercial Actuarial Practice
- Professionalism Course

NB – the Professionalism Course only needs to be completed once. i.e. if the Professionalism Course is taken to meet the requirements of Associate status it does not need to be completed again to meet the requirements of Fellow status.