Subjects and Syllabus

The Foundation Program is the first stage in the actuarial qualification pathway. It consists of three main modules; Actuarial Statistics (CS), Actuarial Mathematics (CM) and Business (CB).

The curriculum commenced in 2019 for students studying directly with the Actuaries Institute and across 2019/2020 for those undertaking studies at the accredited universities. Students who commenced their studies before 2019 should consider the Transition Arrangements. 


Ways to Study the Foundation Program


View University Courses here

Some accredited universities have revised their curricula in 2019, to align with the Foundation subjects. Others will introduce these changes in 2020. 

The revised curricula will only apply to new students commencing their university degrees from when the changes are implemented (i.e. in either 2019 or 2020 depending on the university). 

View Transition Arrangements


Students are able to sit Foundation Program examinations which are held in April and September of each year. The Actuaries Institute offers the examinations of the Institute and Faculty of Actuaries UK (IFoA). 

Students wishing to enrol in Foundation Program examinations must first become a student member and enrol online through the Actuaries Institute.

Students must not apply directly to the IFoA for examination entry. Applications made directly to the IFoA will not be accepted.

Click here to find out more information about the IFoA Examinations.