Actuarial Science Exams Explained in Detail by The Academic Junction

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Actuarial Science Exams Explained in Detail by The Academic Junction

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Planning to build career in Actuarial Science, one of the demanding fields in India. Actuarial Science is all about statistics and risk Analysis. Although, there is no defined timeframe to clear the exams but if you are determined and motivated then one can expect to clear them in 4-6 years depending on your own pace. Call/ whatsapp 9910427442 to learn more about Actuarial Science from The Best Actuarial Science Coaching Institute- The Academic Junction or you may visit our page –

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Title: Actuarial Science Exams Explained in Detail by The Academic Junction


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Actuarial Science Exams Explained in Detail by
The Academic Junction
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CS1- Actuarial Statistics
  • This subject equips the students with knowledge
    of statistical distributions using R.
  • This will be examined in a set of 2 papers. CS1A
    is 3 hours paper based assessment to taken at
    examination centre and CS1B is 1 hour 45 minutes
    online exam which can be taken at home or in
    office and tests R programming along with
    Statistics. Both elements need to be taken at the
    same examination sitting. Failure to reach the
    overall pass mark will require both elements of
    assessment to be retaken. 

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CS2- Risk Modelling and Survival
  • This will be examined in a set of 2 papers. CS2A
    is 3 hours paper based assessment to taken at
    examination centre and CS2B is 1 hour 45 minutes
    online exam which can be taken at home or in
    office and tests R programming along with
    Statistics and Modelling. Both elements need to
    be taken at the same examination sitting. Failure
    to reach the overall pass mark will require both
    elements of assessment to be retaken.

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CM2- Loss Reserving and Financial Engineering
  • CM2A is 3 hours paper based assessment to taken
    at examination centre and CM2B is 1 hour 45
    minutes online exam which can be taken at home or
    in office and tests Excel programming along with
    Reserving and financial market techniques. Both
    elements need to be taken at the same examination
    sitting. Failure to reach the overall pass mark
    will require both elements of assessment to be
    retaken.

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CP1- Actuarial Practice
  • This subject builds on the technical material
    covered in all earlier subjects and uses the
    techniques to solve actuarial problems and case
    studies.
  • CP1 consists of 2 papers. Paper 1 is 3 hours 15
    minutes written assessment to be taken at
    examination centre and Paper 2 is 45 minutes
    reading time and 2 hours 30 minutes paper based
    assessment to be taken at examination centre.
     Both the elements need to be taken at same
    examination sitting.

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SP4 - Pensions
  • This subject equips the students with the main
    principles of actuarial planning and control
    needed for financial management of pensions and
    other benefits.
  • It is 3 hours paper based assessment to taken at
    examination centre
  • All the details relating to Actuarial
    Science, demo classes and entry criteria can be
    checked in detail on website-http//www.theacademi
    cjunction.co.in/

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  • Actuarial Science is all about statistics and
    risk Analysis. Although, there is no defined
    timeframe to clear the exams but if you are
    determined and motivated then one can expect to
    clear them in 4-6 years depending on your own
    pace. Call/ whatsapp 9910427442 to learn more
    about Actuarial Science from The Best Actuarial
    Science Coaching Institute- The Academic Junction
    or you may visit our page https//bit.ly/3eSqJdF


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