₹95,000.00
Advanced Actuarial Qualification Programme- Regular Course.
Faculty- Praveen Patwari, Shivangee Agarwal and other Qualified Faculties
Course Duration- 600+ Hours (Including all Papers)
Complete Your Advanced Actuarial Journey with Comprehensive Preparation, Flexible Paper Selection and Academic Support
The Advanced Actuarial Qualification Programme offered by Actuators Educational Institute (AEI) is a comprehensive six-paper preparation package designed for students pursuing advanced actuarial qualifications through the Institute and Faculty of Actuaries (IFoA), UK, or the Institute of Actuaries of India (IAI).
The programme combines three Core Practices (CP) papers, two Specialist Principles (SP) papers and one Specialist Advanced (SA) paper, providing comprehensive academic preparation for the advanced stages of actuarial education.
Students can select their preferred specialist subjects from the options offered by AEI and plan their examination preparation according to their academic requirements.
The programme provides access to the selected paper courses based on the examination term for which the student intends to prepare. Students are not required to follow a compulsory paper sequence, allowing them to organise their preparation according to their preferred examination plans.
The course focuses on developing advanced actuarial knowledge, practical modelling skills, professional communication, specialised technical expertise and actuarial judgement required for professional applications in insurance, pensions, investments, consulting and risk management.
The programme includes preparation for the following six actuarial papers:
| Category | Papers Included |
|---|---|
| Core Practices | CP1 – Actuarial Practice |
| Core Practices | CP2 – Modelling Practice |
| Core Practices | CP3 – Communication Practice |
| Specialist Principles | Any 2 SP papers from AEI’s available options |
| Specialist Advanced | Any 1 SA paper from AEI’s available options |
| Total Course Coverage | 6 Actuarial Papers |
Important: The programme is a six-paper course preparation package. Students may plan their examination sequence according to their preferences, subject to their respective actuarial body’s eligibility and examination requirements.
Students can choose any two of the following Specialist Principles papers:
| Paper | Subject |
|---|---|
| SP1 | Health and Care Principles |
| SP2 | Life Insurance Principles |
| SP5 | Investment and Finance Principles |
| SP6 | Financial Derivatives Principles |
| SP7 | General Insurance Reserving and Capital Modelling Principles |
| SP8 | General Insurance Pricing Principles |
The SP papers help students develop specialised knowledge aligned with their academic interests and intended actuarial career paths.
Students can choose any one of the following Specialist Advanced papers:
| Paper | Subject |
|---|---|
| SA2 | Life Insurance Specialist Advanced |
| SA3 | General Insurance Specialist Advanced |
| SA7 | Investment and Finance Specialist Advanced |
The SA paper develops advanced knowledge, strategic decision-making skills and professional judgement within the student’s selected area of specialisation.
Important: The programme covers two SP papers and one SA paper only. Students must select their subjects from the options offered by AEI.
The programme allows students to purchase a comprehensive preparation package covering six actuarial papers.
No compulsory first paper or fixed paper sequence is prescribed under this package. Students can plan their examination preparation according to their academic requirements.
Each paper included in the programme carries a validity of one examination term.
Students requiring continued access beyond the original course validity can purchase an extension for the relevant paper.
| Particulars | Details |
|---|---|
| Initial Course Validity | One examination term per paper |
| Extension Fee | ₹1,180 per paper per term |
| Extension Validity | Immediate next applicable examination term |
| Number of Extensions | Unlimited, subject to applicable charges |
| Extension Applicability | Each paper is extended separately |
| Additional Extensions | Separate fee payable for each further term |
If a student is unable to appear for an examination, does not clear a paper or requires additional preparation time, they may request an extension.
For example, if access to a selected paper is valid for the April 2027 examination term, the student may extend access to the immediately following applicable examination term by paying ₹1,180 for that paper.
If access is required for another subsequent examination term, a further extension can be purchased under the same policy.
Important: Extensions can be purchased an unlimited number of times. Each extension applies to the relevant paper for the immediate next applicable examination term only. It does not provide lifetime access or automatically cover several future terms.
Mock tests are included under the programme for the applicable CP, SP and SA papers.
| Service | Applicable Fee |
|---|---|
| Paper Access Extension | ₹1,180 per paper per term |
| Mock Test Re-attempt | ₹1,000 per part per paper |
| Extension Limit | Unlimited, with applicable charges |
Important: Purchasing a paper extension does not automatically provide another free attempt at mock tests already attempted during original enrolment.
AEI offers the complete Advanced Actuarial Qualification Programme at a comprehensive package price covering preparation for six actuarial papers.
| Particulars | Details |
|---|---|
| Programme | Advanced Actuarial Qualification Programme |
| Total Papers | 6 |
| Core Practices | CP1, CP2 and CP3 |
| Specialist Principles | Any 2 available SP papers |
| Specialist Advanced | Any 1 available SA paper |
| Instalment Facility | Contact AEI admissions |
Students can purchase the complete six-paper preparation programme directly through the AEI website for ₹95,000, subject to the access, validity, extension and mock-test terms explained above.
Students who prefer instalment payments can contact the AEI admissions team to discuss available arrangements.
For Instalment Enquiries and Enrolment Assistance:
9147417974
The instalment schedule, payment conditions and total payable amount should be confirmed with the admissions team before enrolling.
The Advanced Actuarial Qualification Programme is particularly suitable for:
A strong understanding of relevant Core Principles subjects is recommended. Students must fulfil the applicable examination and registration requirements of their respective actuarial bodies.
The programme aims to develop students’ ability to:
The programme develops knowledge applicable across several actuarial and financial disciplines.
The programme allows students to develop professional expertise in their preferred areas of specialisation while strengthening their understanding of core actuarial practice, modelling and communication.
Students must ensure their devices meet the following minimum requirements to access lectures and digital study resources through the AEI Learning Application.
| Device / Platform | Minimum / Recommended Requirements |
|---|---|
| Android | Minimum: Android 10, quad-core 1.4 GHz, 2 GB RAM, 4 GB free storage. Recommended: Android 12+, octa-core 2.0 GHz+, 4 GB RAM, 8 GB free storage. |
| Windows PC / Laptop | Minimum: Windows 10 (64-bit), Intel Core i3 (6th Gen) / Ryzen 3 1200, 4 GB RAM, 128 GB storage. Recommended: Windows 11, Core i5 (8th Gen) / Ryzen 5 3600+, 8 GB RAM, 256 GB SSD. |
| iPhone / iPad (iOS) | Minimum: iOS 12.0 or above. Recommended: Latest compatible iOS version. |
| MacBook / iMac (macOS) | Minimum: Intel Core i3, 4 GB RAM, 128 GB free storage (minimum macOS version to be confirmed). Recommended: macOS 14+, Apple M1 / Intel Core i5, 8 GB RAM, 256 GB SSD. |
Students should maintain a stable internet connection. Access may be restricted on organisational networks due to firewalls, proxies, VPNs or administrative security policies.
Note: These specifications apply to the AEI Learning Application. Official actuarial examinations may have separate requirements prescribed by IAI or IFoA.
The Advanced Actuarial Qualification Programme provides comprehensive preparation for six advanced actuarial papers, offering students flexibility in selecting their specialist subjects and planning their examination attempts.
With a comprehensive six-paper package, flexible subject selection, examination-term-based access and renewable course validity, students can organise their learning according to their academic and professional requirements.
Enrol directly for ₹95,000 or contact AEI to discuss instalment options.
Admissions & Enquiries:
Advance through your actuarial examinations with comprehensive preparation, specialised learning and academic support from AEI.
Praveen Patwari is a Chartered Accountant (CA), Financial Risk Manager (FRM) and Associate of the Institute of Actuaries of India (AIAI), with additional professional credentials including CIRA, CCRA, CIDT, CIIB and NISM Series VIII (Equity Derivatives). With over 15 years of experience in finance, actuarial education, mentoring and professional training, he has built a strong reputation for simplifying complex concepts and guiding students across multiple professional pathways.
As the Founder and Lead Mentor at Actuators Educational Institute (AEI), Praveen has taught and mentored 50,000+ students across Actuarial Science, FRM, CFA, finance and related professional programmes. He has mentored numerous rankers and top-performing students and is a regular speaker at leading institutions including SRCC, Miranda House, Hansraj College, Lady Shri Ram College, St. Xavier’s College, NMIMS, Ramjas College, NM College and HR College of Commerce.
Shivangee Agarwal is a globally qualified actuary holding the prestigious credentials of FIA (UK), FIAI (India) and FSA (USA), along with the C.Act designation, giving her professional recognition across three of the world’s leading actuarial bodies. She is also IFRI Certified, holds a Master’s in Data and Business Analytics from IIM Indore, and completed her B.Com (Hons. in Finance) from St. Xavier’s College, Kolkata. She secured All India Rank 1 in CT7 – Business Economics, reflecting her strong academic foundation in actuarial science, finance and analytics.
With over 10 years of teaching experience, she has taught and mentored 5,000+ students across Actuarial Science, Data Analytics and Finance. At Actuators Educational Institute, she teaches the Paper B components of CM subjects, along with CS2, CB2, CP2, CP3 and FRM, and also conducts training in Excel, VBA, SQL and R Programming. She has delivered workshops and academic sessions at institutions including SRCC, Lady Shri Ram College, St. Xavier’s College, Mithibai College, IIM Indore and IBS Hyderabad, combining deep technical expertise with a practical, structured and exam-focused teaching approach.
Qualified Actuaries
