AS 3

Annual Students Support Scheme

The new ASG Annual Students Support Scheme (AS3) initially begun in 2016 as an ASG Tutorial programme only and later evolved into tutorial with mock examination dubbed the Actuarial Support Eligibility Test (ASET). The ASG organizes the tutorial and ASET for its student members and actuarial students with the ultimate intension of providing participants with a detailed understanding of the core actuarial concepts and principles that Actuaries require to enable them undergo the rigorous qualifying examination. The annual tutorial thus focuses on the preliminary actuarial examination, the Probability (Exam P/1) and Financial Mathematics (Exam FM) while the ASET provides an avenue for participant to obtain funding support by taking our Computer-Based Test these 2 examinations.
The new AS3 is a consolidation of the existing annual tutorial and ASET with a wider coverage and improved awarding scheme and process. The Scheme provides funding for promising actuarial students to register for the SOA/CAS preliminary examination. By extension the scheme help the ASG a professional organization to transition actuarial students to student actuaries by supporting them from the coverage of core syllabus through funding examination and mentorship through the Graduate Actuarial Training.

We expect that through this Scheme:

  • The financial burden that comes with undertaking professional actuarial education/examination at the preliminary stages will be alleviated.
  • The actuarial student population across the country will be exposed to the core content and syllabus of the preliminary examination.
  • Actuarial students will understand the rigour of the professional examination and the extent of effort that needs to committed in the bid to becoming a qualified Actuary.
  • The ASG will in a more efficient manner be able to track progression of development of actuarial students and students members.