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The CAIA Level I exam consists of 200 multiple-choice questions. The Level I curriculum covers seven topics, listed below. CAIA Level I candidates are assumed to have an elementary undergraduate understanding of the basic concepts of traditional finance and quantitative analysis. The Level I curriculum covers: Professional Standards and Ethics
The exam sequence is similar to the British model, with Core and Specialty technical and application exams. The exams are conducted twice a year during the months of May–June and October–November. [11] Starting from January 2012, the institute has started conducting entrance exam.
The Institute and Faculty of Actuaries operates a two-tier charging structure for its examination fees: full rate and reduced rate. The reduced rate is at a discount to the full rate. To qualify for a reduced rate, the student member must have an income which is less than £7 140 per annum regardless of where you live or work
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The entrance exam is held in CBT mode and the exam paper comprises questions from English Proficiency, Mathematical Skills & Logical Reasoning, and General Awareness.* Joint Admission Test for M.Sc. – Joint Admission Test for M.Sc. is a national level entrance exam. Graduates can complete their M.Sc. or Master's from India's reputed ...
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In 1963, the profession was formalized when 284 candidates sat for the first CFA exam and 268 CFA charters were awarded. [ 9 ] [ 10 ] The following year, all 3 levels of the exam were administered to more than 1,700 candidates.