My today’s Article is a result of my unquenched thirst of being an Actuarial Professional at my very young age. Soon after my graduation in 1966, I was in search of some extra-ordinary course that can be done externally, giving intellectual status and financially paying more. By referring some Booklets on Educational and Vocational Guidance, I had come to know about the Institute of Actuaries, London (U.K.). Though the doors for this Actuarial Examination were open even for a Matriculate candidate, I dared not proceed further due to my graduation in Arts with Literature and Sociology. No doubt, I was