Actuarial Science at Victoria University of Wellington now fully accredited with the Actuaries Institute of Australia
Victoria University of Wellington’s Actuarial Science programme has been awarded full accreditation from the Actuaries Institute Australia making it the only one of its kind in New Zealand.
Since its launch in 2015, the Actuarial Science programme has gone from strength to strength. Dr Eric Ulm, who took up the role of Director of Actuarial Science in Victoria University of Wellington in 2017, has worked to integrate the academic programme with New Zealand’s actuarial profession.
In 2017, the programme achieved provisional accreditation from the Actuaries Institute Australia, enabling the university to recommend exemptions for all but two of the Actuaries Institute Foundation subject exams.
In February this year, the Actuarial Science Programme marked another milestone when it attained full accreditation by the Actuaries Institute Australia. A new course launched in 2019 to correspond to the CT6 – Statistical Methods subject means the programme is now able to recommend exemptions for all six Actuaries Institute Foundation subject exams, provided students receive a sufficiently high mark in the courses.
Dr Ulm says “We are delighted that the programme has achieved this accreditation, which will help students fast-track their progress to becoming a professional actuary. The nature of the profession requires actuaries to be highly qualified and it’s important to produce graduates with the skills the industry needs. We are pleased to be recognised as a university that can provide this to our students.”
Actuaries have historically worked in insurance, banking and superannuation, however in recent years the profession has become more prevalent in investment and stockbroking, software development, and in government, education and health. If you have a love for mathematics and want to find logical solutions to important financial and social issues, then Actuarial Science is a great option. You can find out more about our Actuarial Science programme here.