Name: The Academic Junction
Address: 37-38, Outram Ln, Kingsway Camp, GTB Nagar,, New Delhi, Delhi,, 110009, IN
Telephone: 09910427442

About Course

CP1 – ACTUARIAL PRACTICE

Area	Description
Introduction	Actuarial Practice (CP1) builds on the technical material covered in all the earlier subjects and uses the techniques learnt to solve practical problems that might arise in any area in which actuaries practice.
Risk Management	Additional material on risk management is introduced as an essential introduction to the Chartered Enterprise Risk Actuary qualification.
Approach	This subject builds on the technical material covered in all earlier subjects and uses the techniques to solve actuarial problems and case studies.

Detail	Information
Papers	CP1 consists of 2 papers. CP1A and CP1B are both to be assessed in 3 hours and 20 mins exams each.
Marking	Each paper will be marked out of 100 and the scores for the two papers will be aggregated.
Passing	There will be no requirement to pass or to reach a minimum standard on either paper on a stand-alone basis.
Question Areas	In the examination questions may be set on any area of work in which actuaries participate, including wider fields such as banking, environmental issues, management of natural resources, and other topics.
Knowledge Required	Questions will not require technical knowledge of the subject context beyond the material covered in this and the Actuarial Statistics, Actuarial Management and Business subjects, but a general understanding of the business, commercial, social and natural environment will be assumed.

Skill Type	Overall CP1	Paper 1	Paper 2
Knowledge	20%	30%	10%
Application	50%	55%	45%
Higher Order Skills	30%	15%	45%
The focus of skills differs between the two papers. Paper 1 will primarily test Knowledge and Application skills. Paper 2 will primarily test the Application and Higher Order skills.

Why Taj

#	Feature	Details
1	Experienced corporate faculties	With 13-14 exams cleared to make you understand the application of knowledge contained in the subject.
2	Classes available in all 3 modes	Classroom, Live Online and Videos.
3	Multiple small batches	To focus on personal interaction and development.
4	Regular assignments and feedback sharing	To discuss your improvement areas.
5	Detailed study plan, chapter wise important topics	Detailed description – main highlights.
6	Exclusive writing and discussion sessions	Oriented to case studies and past papers discussion.
7	Regular doubt classes	To help you learn technical skills and clear your conceptual knowledge.
8	Writing and discussion sessions – our USP	It’s not about only writing, it’s about what to write and how much to write, so writing and discussion sessions is our USP and that too by All India ST4 Topper.
9	Handwritten notes	For each and every chapter.

Area	Coverage
Overview	Actuarial Practice (CP1) builds on the technical material covered in all the earlier subjects and uses the techniques learnt to solve practical problems that might arise in any area in which actuaries practice.
Risk Management	Additional material on risk management is introduced as an essential introduction to the Chartered Enterprise Risk Actuary qualification.

Detail	Information
CP1 Paper 1	3 hours 20 minutes
CP1 Paper 2	3 hours 20 minutes
Calculator	Scientific Calculator is allowed in exam. However, you can use only one of the models from the list below. This can also be used for future exams.

#	Allowed Calculator Model	Note
1	Casio FX82 (ES/MS)	With or without any suffix
2	Casio FX83 (ES/MS)	With or without any suffix
3	Casio FX85 (ES/MS)	With or without any suffix
4	Sharp EL531	With or without any prefix or suffix
5	Texas Instruments BA II Plus	With or without any suffix
6	Texas Instruments TI-30	With or without any suffix
7	Hewlett Packard HP12c	With or without any suffix

Skill Type	Overall CP1	Paper 1	Paper 2
Knowledge	20%	30%	10%
Application	50%	55%	45%
Higher Order Skills	30%	15%	45%
The focus of skills differs between the two papers. Paper 1 will primarily test Knowledge and Application skills. Paper 2 will primarily test the Application and Higher Order skills.

Detail	Information
Marking	Each paper will be marked out of 100 and the scores for the two papers will be aggregated.
Passing	There will be no requirement to pass or to reach a minimum standard on either paper on a stand-alone basis.
Question Areas	In the examination questions may be set on any area of work in which actuaries participate, including wider fields such as banking, environmental issues, management of natural resources, and other topics.
Knowledge Required	Questions will not require technical knowledge of the subject context beyond the material covered in this and the Actuarial Statistics, Actuarial Management and Business subjects, but a general understanding of the business, commercial, social and natural environment will be assumed.

About Faculty

Faculty	Mrs. Silky Goyal
About	She is coming straight from the industry and now at a place where her heart lies.
Vision	Visionary on the path of becoming an actuary laid the foundation of The Academic Junction.
Teaching Approach	Corporate Experience combined with on job training helps her to combine real life experiences with theoretical concepts which turns theory subjects into practical and more interesting.
To know more about our faculty – Click on LinkedIn Profile