Appendix 3 specific syllabus changes since 1998(4页).doc
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Part I
The IAAust Part I syllabus has always been closely related to the UK syllabus
for what is now known as the Core Technical subjects.
In 1998 the IAAust Part I subjects were the same as the UK subjects but the
subject codes were different:
UK code IAAust code Subject Title
A1 1 Financial Mathematics
C1 2 Statistics
B1 3 Economics
B2 4 Accounting and Finance
A2 5 Actuarial Mathematics
D1 6 Further Actuarial Mathematics
C2 7 Statistics for Insurance
D2 8 Actuarial Statistics
In 2000 the UK changed their subjects and codes with the introduction of the
100 series. The IAAust changed its syllabus to directly align with the UK syllabus
including using the same subject codes.
Old UK code Old IAAust code Old Subject New code New Subject Title
A1 1 Financial Mathematics 102 Financial Mathematics
C1 2 Statistics 101 Statistical Modelling
B1 3 Economics 107 Economics
B2 4 Accounting and Finance 108 Finance and Financial Reporting
A2 5 Actuarial Mathematics -
D1 6 Further Actuarial Mathematics 105 Actuarial Mathematics 1
C2 7 Statistics for Insurance 106 Actuarial Mathematics 2
D2 8 Actuarial Statistics 104 Survival Models
109 Financial Economics
103 Stochastic Modelling
In 2005 when the UK changed from the 100 series to Core Technical (CT) the
IAAust continued this direct alignment with the UK syllabus.
Old code Old Subject Title New code New Subject Title
101 Statistical Modelling CT3 Probability and Mathematical Statistics
102 Financial Mathematics CT1 Financial Mathematics
103 Stochastic Modelling CT4 Stochastic Modelling & Survival Models
104 Survival Models
105 Actuarial Mathematics 1 CT5 Contingencies
106 Actuarial Mathematics 2 CT6 Statistical Methods
107 Economics CT7 Economics
108 Finance and Financial Reporting CT2 Finance and Financial Reporting
109 Financial Economics CT8 Financial
In 2007 the UK Institute abolished the four attempts rule. From 2007 students
can attempt any Core Technical subjects as many times as they need.
Part II
1996
Actuarial Control Cycle introduced to replace the Ordinary level Fellowship
exams.
2003
Actuarial Control Cycle syllabus changed from 15 aims to 18 aims.
Changes for 2009
Introductory Investments objectives were removed from the Part II syllabus
for 2009 with Enterprise Risk Management objectives being added.
Part III
Prior to 1990 the IAAust exams were closely linked to the four UK exams with
was changed to require two Specialist subjects from choice of 5. The Investment
The IAAust Part I syllabus has always been closely related to the UK syllabus
for what is now known as the Core Technical subjects.
In 1998 the IAAust Part I subjects were the same as the UK subjects but the
subject codes were different:
UK code IAAust code Subject Title
A1 1 Financial Mathematics
C1 2 Statistics
B1 3 Economics
B2 4 Accounting and Finance
A2 5 Actuarial Mathematics
D1 6 Further Actuarial Mathematics
C2 7 Statistics for Insurance
D2 8 Actuarial Statistics
In 2000 the UK changed their subjects and codes with the introduction of the
100 series. The IAAust changed its syllabus to directly align with the UK syllabus
including using the same subject codes.
Old UK code Old IAAust code Old Subject New code New Subject Title
A1 1 Financial Mathematics 102 Financial Mathematics
C1 2 Statistics 101 Statistical Modelling
B1 3 Economics 107 Economics
B2 4 Accounting and Finance 108 Finance and Financial Reporting
A2 5 Actuarial Mathematics -
D1 6 Further Actuarial Mathematics 105 Actuarial Mathematics 1
C2 7 Statistics for Insurance 106 Actuarial Mathematics 2
D2 8 Actuarial Statistics 104 Survival Models
109 Financial Economics
103 Stochastic Modelling
In 2005 when the UK changed from the 100 series to Core Technical (CT) the
IAAust continued this direct alignment with the UK syllabus.
Old code Old Subject Title New code New Subject Title
101 Statistical Modelling CT3 Probability and Mathematical Statistics
102 Financial Mathematics CT1 Financial Mathematics
103 Stochastic Modelling CT4 Stochastic Modelling & Survival Models
104 Survival Models
105 Actuarial Mathematics 1 CT5 Contingencies
106 Actuarial Mathematics 2 CT6 Statistical Methods
107 Economics CT7 Economics
108 Finance and Financial Reporting CT2 Finance and Financial Reporting
109 Financial Economics CT8 Financial
In 2007 the UK Institute abolished the four attempts rule. From 2007 students
can attempt any Core Technical subjects as many times as they need.
Part II
1996
Actuarial Control Cycle introduced to replace the Ordinary level Fellowship
exams.
2003
Actuarial Control Cycle syllabus changed from 15 aims to 18 aims.
Changes for 2009
Introductory Investments objectives were removed from the Part II syllabus
for 2009 with Enterprise Risk Management objectives being added.
Part III
Prior to 1990 the IAAust exams were closely linked to the four UK exams with
was changed to require two Specialist subjects from choice of 5. The Investment