Changes to "CT8 Financial Economics" (1 Viewer)

[§eraphim]

It seems that the CT8 syllabus has been revised to include more material on credit risk modelling (See bottom of pg 6 of http://www.actuaries.org.uk/files/pdf/students/syllabus/2006_CT8.pdf)

As there are more active Actuarial students from Mac here, I would like to confirm that any changes will take effect immediately for the equivalent courses at university. That is, next yr all universities will be teaching credit risk modelling to in accordance with the new syllabus?

 

[hello2004]

I'm in 2nd sem, 2nd year and I've got two questions for all the actuaries at Mac (or at UNSW):

(i) What is the hardest core subject in the present ACST course now that 243 doesn't exist?

(ii) Is 3rd year really easier than 2nd year?

 

[§eraphim]

The whole CT8 is an introduction to finance, so even if they do credit risk modelling, it won't be in any (relevant) depth.

The changes are listed here: http://www.actuaries.org.uk/files/pdf/students/changes/2007/ct8_2007.pdf

Yes, I'm aware of that. I'm tossing up between the uni subject or the external exam for CT8.

Back to my question....Will these changes come into effect next year at the university level?