Actuarial Mathematics (CM1) provides a grounding in the principles of actuarial modelling, focusing on deterministic models and their application to financial products. It equips the student with a knowledge of the basic principles of actuarial modelling, theories of interest rates and the mathematical techniques used to model and value cashflows which are either certain or are contingent on mortality, morbidity and/or survival. The subject includes theory and application of the ideas to real data sets using Microsft Excel.

Exam format:

3 hours and 15 minutes paper-based exam, plus 1 hour and 45 minute computer-based exam, Excel

About the Instructor: 

Rakesh Gupta

( Corporate trainer and Guest faculty at leading Actuarial Companies and colleges (AON, Bajaj Allianz,IIRM, hyderabad, AXA indonesia) 

A visionary with sole motto of assisting students to reach their goals, laid the foundation of Future track. With 17 yeas of teaching experience, 12 years exclusively in Actuarial Science, he has garnered  affection for his unperturbed efforts. His accomplishment includes consistent  track record if students to collect subject toppper award in Actuarial Exams.