All accredited universities offer education programs that cover the following Actuary Program subjects.

  • Actuarial Control Cycle.

  • Data Science Principles.

You may be granted exemptions from these subjects if your university grades meet Actuaries Institute standards.

You do not need to complete your degree to apply for any exemptions. To have your exemption(s) recognised, you will need to authorise the university to advise the Actuaries Institute. Once received,  we will advise you of your exemption eligibility and, when you pay the relevant fee, that's when the exemptions are awarded. 


Students who pass subjects through the accredited universities are required to pay an exemption fee. Students will first need to become members of the Actuaries Institute for us to process these exemptions. Exemption fees are $300.00 per subject.