Understanding China, One Blog at a Time

An American in China

Anarchy in the UK-China Now Torpedoing Actuarial Science

Posted by w_thames_the_d on March 18, 2011


In the excerpt below, China’s actuarial tests will be recognized by England.What the hell ar ethey thinking? In a country where the profs actually pass out test answers to the students (as one did to the class of yours truly), why woudl anyone trust an exam taken in the land of smog and disenchantment?

excerpt:
” Exam results of the China Association of Actuaries (CAA) will be recognized by the UK’s Institute and Faculty of Actuaries, said a memorandum of understanding (MOU) signed by both parties in Beijing on Thursday .

Those who have acquired a CAA associate actuary certificate will be recognized as having taken basic skill tests from CT1 to CT8 required by the UK’s institute, according to the MOU.”

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