Yes, examination exemptions may be available when switching between the Institute of Actuaries of India (IAI) and the Institute and Faculty of Actuaries (IFoA), depending on the direction of the switch.
IFoA to IAI: Students who have passed eligible IFoA examinations may apply for corresponding exemptions through IAI, subject to its exemption policy, eligibility criteria and applicable fees.
IAI to IFoA: IFoA does not generally grant exemptions based solely on individual IAI examination passes.
Important: Exemptions are not automatic and are subject to the respective actuarial body’s policies and approval. Students should verify the latest exemption requirements before switching.
Can I switch from IAI to IFoA or from IFoA to IAI while studying with the Institute?
Yes, examination exemptions may be available when switching between the Institute of Actuaries of India (IAI) and the Institute and Faculty of Actuaries (IFoA), depending on the direction of the switch.
Important: Exemptions are not automatic and are subject to the respective actuarial body’s policies and approval. Students should verify the latest exemption requirements before switching.