Diploma in Actuarial Techniques:On passing all the CT series subjects a student member is eligible to get the Certificate in Actuarial Techniques. (DAT)
Student members who have passed all the Subjects of CT series and CA are eligible on an application to become Associate Member of the Institute. An Associate member is entitled to use the designatory letters of AIAI.
A member of IAI on application is admitted as a Fellow member subject to following;
A student member who has passed all the examinations of CT, CA, ST and SA series and has attended 3-days mandatory India Fellowship Seminar on India specific Legislation, environments, practices and Professionalism .
The course consists of 15 papers. The course can be completed between 4 to 5 years depending on the time devoted by the student for the preparation of the examinations.
It is no secret that actuaries are highly paid. On qualification, a new actuary is likely to be on a salary of approx. Rs. 30 lacs per year in UK and Rs.12 lacs per year in India.
Career opportunity starts as soon as the student completes the first 5 papers. Stipend for an Actuarial Trainee in UK is approx. Rs. 1,50,000 per month and in India approx. Rs. 30,000 per month.
For more details of Actuary Profession and links to relevant websites, kindly visit www.trumpandgates.com. In case of any query, please mail at firstname.lastname@example.org or contact 011-43694444.