How many years will it take for me to become an actuary?

In India (and also in UK and a few other countries), besides the entrance exam ACET, there are 15 subjects/exams: 9 in the CT series, 3 in the CA series, 2 (options available) in the ST series, and 1 (options available) in the SA subject. For one to clear all these, it'd theoretically take at least 2.5-3 years. However, rarely anyone would complete it in that time. Also, for full qualification (fellowship of the Institute), work-based experience for three years is necessary. Thus, 3 years is a theoretical lower bound. Having said that, most people generally take 5-7 years or even more to become a fully qualified actuary. Some people don't manage to clear all subjects ever, even after giving exams for 10-12 years. I have no concrete data, but based on the anecdotal evidence available to me, I'd hazard a guess that, of all the people who do complete all exams, the time to qualification would be 6-7 years or so. Note that you don't need to be a fully qualified actuary to get an actuarial job. Entry level actuarial jobs are available even with 2-4 exam passes.

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The entrance exam ACET there are 15 subjects/exams: 9 in the CT series, 3 in the CA series, 2 (options available) in the ST series, and 1 (options available) in the SA subject. For one to clear all these, it'd theoretically take at least 2.5-3 years. However, rarely anyone would complete it in that time. Also, for full qualification (fellowship of the Institute), work-based experience for three years is necessary. Thus, 3 years is a theoretical lower bound. Having said that, most people generally take 5-7 years or even more to become a fully qualified actuary. Some people don't manage to clear all subjects ever, even after giving exams for 10-12 years.

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