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  #101  
Old 08-12-2018, 09:00 PM
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Originally Posted by Pension.Mathematics View Post
well, waterloo had 15 MSc graduates in 2015 and 18 in 2016...

https://uwaterloo.ca/statistics-and-...job-placements
Perhaps, you should count all the UK institute accredited universities with actuarial science undergraduate programs including a couple in Hong Kong and Australia.


Also, a peripheral point: I know a few young pension actuaries (FSA) who stop paying dues to SOA.
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  #102  
Old 08-12-2018, 09:56 PM
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Also, a peripheral point: I know a few young pension actuaries (FSA) who stop paying dues to SOA.
If they do not pay dues, they are no longer FSA.
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  #103  
Old 08-13-2018, 12:48 AM
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Perhaps, you should count all the UK institute accredited universities with actuarial science undergraduate programs including a couple in Hong Kong and Australia.


Also, a peripheral point: I know a few young pension actuaries (FSA) who stop paying dues to SOA.
and moved on claiming that FSA was worthless.
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  #104  
Old 08-13-2018, 12:34 PM
Pension.Mathematics Pension.Mathematics is offline
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and moved on claiming that FSA was worthless.
they claim that FSA is worthless because they cannot land what they consider a good job with the title, but that doesn't mean other FSAs cannot do it.

this is actually why i am against loopholes or UAP in general, because I feel that it waters down the "prestigiousness" of ASA/FSA.

people are usually burnt out after finishing prelims, but those who exploit the loophole or go through the UAP have nothing to worry about but fellowship exams, that is just not right.
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  #105  
Old 08-13-2018, 03:09 PM
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SOA once offered me a (virtually) free FSA. All I needed to do was sign a few papers and prove my FCAS designation (along with sell my soul to the devil). I laughed and said no.
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  #106  
Old 08-13-2018, 03:57 PM
Pension.Mathematics Pension.Mathematics is offline
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SOA once offered me a (virtually) free FSA. All I needed to do was sign a few papers and prove my FCAS designation (along with sell my soul to the devil). I laughed and said no.
I am okay with that assuming that you worked hard for your FCAS, i.e., didn't exploit any loophole to get your designation.
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  #107  
Old 08-13-2018, 04:43 PM
Chopin-Lover Chopin-Lover is offline
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nope.

i can't provide any details, but as I mentioned, this incident does not involve AO in anyway.
Why not just report to SOA and let them do the investigation?
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  #108  
Old 08-13-2018, 05:41 PM
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well, waterloo had 15 MSc graduates in 2015 and 18 in 2016...

https://uwaterloo.ca/statistics-and-...job-placements
How is doing a MActSc a loophole?
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  #109  
Old 08-13-2018, 05:51 PM
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How is doing a MActSc a loophole?
See:

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Originally Posted by Adapt and Chill View Post
EDIT: This was my initial guess, but I was wrong and there's more nuance to it somewhere.

This wasn't the loophole though. The loophole was specifically:
  1. Get IFA Exam Exemptions through grad school (still possible)
  2. Attain IFA Associate membership (still possible)
  3. Attain SOA Associate membership through mutual recognition (no longer possible)

Mutual recognition appears to be restricted to the fellowship level now.
https://www.soa.org/education/genera...admission.aspx
grad school is certainly not a loophole.

the loophole is the Canada->UK->USA maneuver to avoid the SOA prelims.
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  #110  
Old 08-13-2018, 06:11 PM
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See:



grad school is certainly not a loophole.

the loophole is the Canada->UK->USA maneuver to avoid the SOA prelims.
It seems SOA and CAS rejected UAP a few years ago (http://www.actuarialoutpost.com/actu...d.php?t=272451) so you don't have to worry about Canadian undergraduates getting exemptions from SOA.

MActSc is a graduate degree and "grad school is certainly not a loophole."

So where is the loophole?
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