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The education and examination of actuaries
Published online by Cambridge University Press: 20 April 2012
Extract
Every profession should be concerned with the problem of matching training and working practice. The problem is especially a vital one for the small but powerful actuarial profession seeking to adapt to significant changes.
This note gives a brief summary of my Ph.D. thesis, which was based on questionnaires concerning the training of actuaries, and also in § 7 makes reference to a more recent investigation.
A survey was designed and questionnaires despatched in 1973, in an attempt to discover the existing relationship between actuarial training and occupational practice, whether there was any shortcoming in this relationship and if so what might be needed to correct it. The response rate from the 236 actuaries who qualified for the Fellowship of the Institute of Actuaries in the four sets of examinations spanning the two calendar years 1972 and 1973 and who formed the test population was 81% (192 replies).
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- Copyright © Institute and Faculty of Actuaries 1979