CM2
₹21,000.00 – ₹24,000.00Price range: ₹21,000.00 through ₹24,000.00
CB1
₹10,000.00 – ₹13,500.00Price range: ₹10,000.00 through ₹13,500.00
CS2
₹22,000.00 – ₹26,000.00Price range: ₹22,000.00 through ₹26,000.00
Buy CS2 (Full Programme / Exclusive Video Programme)
Not sure which programme fits you? Watch the videos below before you choose.
| Features | Full | EVP |
|---|---|---|
| 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 |
SKU:
N/A
Category: Actuaries
About Course
CS2 – RISK MODELLING AND SURVIVAL ANALYSIS
About CS2 – Risk Modelling and Survival Analysis
| Area | Description |
|---|---|
| Introduction | Risk Modelling and Survival Analysis (CS2) builds on CS1 and develops knowledge of, and the ability to apply, statistical methods for risk modelling. |
| Topics Covered | Time series analysis methods, stochastic processes (especially Markov chains and Markov jump processes), survival analysis (including regression methods applied to duration data), and graduation methods. |
| Machine Learning | Includes a high-level introduction to machine learning. |
| Theory & Practice | Includes both theory and application of the ideas to real data sets using R. |
| Outcome | Equips students with knowledge of different statistical methods for risk modelling and machine learning using R. |
Exam Format
| Detail | Information |
|---|---|
| Number of Papers | 2 Papers – CS2A and CS2B |
| CS2A Duration | 3 Hours 15 Minutes |
| CS2B Duration | 1 Hour 45 Minutes (tests R programming along with statistics and modelling) |
| Exam Rule | Both papers must be taken at the same examination sitting. Failure to reach the overall pass mark will require both papers to be retaken. |
| Prerequisite | Builds on CS1 – Actuarial Statistics |
Assessment Skill Split
| Skill Type | Weightage |
|---|---|
| Knowledge | 20% |
| Application | 65% |
| Higher Order Skills | 15% |
| In the CS subjects, the approximate split of assessment across the three skill types is 20% Knowledge, 65% Application and 15% Higher Order Skills. | |
Why TAJ
Why CS2 from The Academic Junction?
| # | Feature | Details |
|---|---|---|
| 1 | Experienced corporate faculties | With 13–14 papers in progress 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 assessments and feedback sharing | To discuss your improvement areas. |
| 5 | Detailed study plan and chapter-wise important topics | With detailed descriptions and main highlights. |
| 6 | Exclusive writing and discussion sessions | Oriented towards case studies and past paper discussions. |
| 7 | Regular doubt classes | To help you learn technical skills and clear your conceptual knowledge. |
| 8 | Regular contacts with companies and start-ups | To share your resume and prepare you accordingly for interviews. |
| 9 | In-depth training of R programming | To prepare you for the online exam. |
| 10 | Experienced corporate faculty for R | Working as a Python developer in a leading MNC. |
| 11 | Self-designed coding notes by faculty | Quick notes with detailed R coding, methods and formulae in hard copy to make learning easy for you. |
| 12 | Complimentary software installation | Along with an R reference material book. |
CS2 Course Content
| Area | Coverage |
|---|---|
| Overview | Risk Modelling and Survival Analysis (CS2) builds on CS1. It develops knowledge of and the ability to apply statistical methods for risk modelling. |
| Topics | Time series analysis methods, stochastic processes (especially Markov chains and Markov jump processes), survival analysis (including regression methods applied to duration data), graduation methods, and a high-level introduction to machine learning. |
| Application | The subject includes both theory and application of the ideas to real data sets using R. |
Exam Format
| Detail | Information |
|---|---|
| CS2A | 3 hours 20 minutes |
| CS2B | 1 hour 50 minutes (computer-based exam) |
| Calculator | A scientific calculator is allowed in the 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 |
CS2 Syllabus
| # | Topic | Weightage |
|---|---|---|
| 1 | Random Variables and Distributions for Risk Modelling | 20% |
| 2 | Time Series | 20% |
| 3 | Stochastic Processes | 25% |
| 4 | Survival Models | 25% |
| 5 | Machine Learning | 10% |
Assessment Skill Split
| Skill Type | Weightage |
|---|---|
| Knowledge | 20% |
| Application | 65% |
| Higher Order Skills | 15% |
| In the CS subjects, the approximate split of assessment across the three skill types is 20% Knowledge, 65% Application and 15% Higher Order skills. | |
About Faculty
About Faculty
| Faculty | Mr. Puneet Goyal |
|---|---|
| Aim | Comes with the sole aim of providing students with a plethora of information through his management skills and innovative teaching style. |
| Teaching Approach | Does not believe in books but in knowledge, and focuses on students learning and understanding concepts rather than mugging them up. |
| To know more about our faculty – Click on LinkedIn Profile | |
Demo Lectures
Our Content
Our Content
| Detail | Information |
|---|---|
| CS2 Detailed Content | For detailed content of CS2, please click on the attached file – CS2 Detailed Content File |














