The course
- 1
Start here
Paper A 3 h 20 in Word and Paper B 1 h 50 in Excel, weighted 70:30
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Interest, discount and the force of interest
Topic 1: Theory of interest rates, 25% of the exam
- 3
Cashflows and annuities
Topic 1: Theory of interest rates, 25% of the exam
- 4
Term structure, duration and immunisation
Topic 1: Theory of interest rates, 25% of the exam
- 5
Equations of value and loans
Topic 2: Equation of value and its applications, 20% of the exam
- 6
Bonds, equities and property
Topic 2: Equation of value and its applications, 20% of the exam
- 7
Project appraisal
Topic 2: Equation of value and its applications, 20% of the exam
- 8
Life tables, assurances and annuities
Topic 3: Decrement and multiple life models, 20% of the exam
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Two-life functions
Topic 3: Decrement and multiple life models, 20% of the exam
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Multiple-state and multiple-decrement models
Topic 3: Decrement and multiple life models, 20% of the exam
- 11
Future loss and gross premiums
Topic 4: Pricing and reserving, 35% of the exam
- 12
Reserves and mortality profit
Topic 4: Pricing and reserving, 35% of the exam
- 13
Profit testing and unit-linked reserves
Topic 4: Pricing and reserving, 35% of the exam
- 14
Mock exams
Two full mocks, each a Paper A and a Paper B in the exam's timings