Original price was: ₹35,000.00.₹17,500.00Current price is: ₹17,500.00.
| Features | Full | EVP | SSP |
|---|---|---|---|
| Exclusive Video Lectures | ✓ | ✓ | ✓ |
| Chapter Wise Summary Lists | ✓ | ✓ | ✓ |
| Assignment/Tests/Mocks | ✓ | ✓ | ✓ |
| Placement Assistance | ✓ | ✓ | ✓ |
| Live Classes (Online/Offline) | ✓ | ✕ | ✕ |
| Weekly Targets | ✓ | ✓ | ✕ |
| Video Tracking | ✓ | ✓ | ✕ |
| Marking on Test & Mocks | ✓ | ✓ | ✕ |
| Q&A Portal | ✓ | ✓ | ✕ |
| Validity | 1 Year | 1 Year | Limited |
| 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. Additional material on risk management is introduced as an essential introduction to the Chartered Enterprise Risk Actuary qualification. |
| Overview | This subject builds on the technical material covered in all earlier subjects and uses the techniques to solve actuarial problems and case studies. |
| 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. |
| Detail | Information |
|---|---|
| Papers | CP1 consists of 2 papers. |
| CP1A | 3 hours and 20 minutes exam |
| CP1B | 3 hours and 20 minutes exam |
| 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. |
| Skill Type | Overall | 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. | |||
| # | 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 and 20 minutes exam |
| CP1 Paper 2 | 3 hours and 20 minutes exam |
| 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 | 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. |
| Faculty | Mrs. Silky Goyal |
|---|---|
| About | She is coming straight from the industry and now at a place where her heart lies. |
| Founder | 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 | |
| Detail | Information |
|---|---|
| CP1 Detailed Content | For detailed content of CP1, please click on the attached file – CP1 Detailed Content File |
CP1 Latest Orientation Session
