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How to Start Your Actuarial Journey: IAI and IFoA Step-by-Step Guide

8 April 2025 by
How to Start Your Actuarial Journey: IAI and IFoA Step-by-Step Guide
S MONK

Dreaming of becoming an actuary but not sure where to begin? Here's a simple guide to kickstart your actuarial journey with IAI (India) or IFoA (UK)!

Step 1: Understand the Profession

Actuaries are the architects of financial security. They use math, statistics, and data science to predict risks and help businesses plan better.

Step 2: Choose Your Exam Body

  • IAI (Institute of Actuaries of India): Ideal for careers in India.
  • IFoA (Institute and Faculty of Actuaries, UK): Perfect for global opportunities.

Step 3: Clear the Entrance

  • IAI: Start with ACET exam.
  • IFoA: No entrance exam; direct registration.

Step 4: Plan Your Papers

Begin with core modules like CM1, CS1, and CB2.

Step 5: Select the Right Coaching Partner

At SMONK, we offer global online actuarial courses, offline classes in Mumbai, and recorded video options for ultimate flexibility.

Step 6: Stay Consistent and Smart

Actuarial exams demand strategy, patience, and dedication. The right mentorship can make all the difference.

📩 Book a free counseling session today with us.

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How to Start Your Actuarial Journey: IAI and IFoA Step-by-Step Guide
S MONK 8 April 2025
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