CM1-Actuarial Mathematics

32,000.00

CM1: Actuarial Mathematics – Regular Course.
Faculty: Praveen Patwari
Course Duration: 200+ hours

Category:

📘 Actuarial Mathematics

Actuarial Mathematics (CM1) is the paper you should opt for to start your actuarial science journey . This paper develops a grounding in the mathematical principles required for actuarial modelling, mainly focusing on understanding deterministic models and their application to solve financial problems. Alongside this, the related and required understanding of the theory of interest rates and the skills to model cashflows, which may be known or contingent on mortality, morbidity or survival,are also developed. It is available through both the institutes, Institute of Actuaries of India (IAI) and the UK-based Institute and Faculty of Actuaries (IFoA).

🔍 Why is CM1 Important?

  • It is the base of your actuarial journey.
  • CM1 teaches you how to value cash flows, annuities, loans and bonds mathematically which are the essential tools in actuarial field.
  • The knowledge gained in CM1 are applied all over in pricing, reserving or investment roles every day.
  • You can also give CB1 (Business Finance) along with CM1 – a good combo for placements and knowledge.

🧠 Main Topics in CM1 (Subjective)

CM1 covers both theoretical and practical topics like:

  • Types of Interest- Simple, Compound and Effective.
  • Present values and Future values
  • Assurances and annuities
  • Loan repayments and project appraisal
  • Bond Pricing and Valuation
  • Cashflow Models
  • Life Insurance and Assurance contracts
  • Premiums and reserves calculations
  • Mortality and Life Tables
  • Profit testing of different products of insurance.

💼 Where Can You Use CM1 Knowledge?

  • Life Insurance Product Design & its Pricing
  • Valuations of Financial Products like bonds and perform cashflow modelling.
  • Analysis of Net Present Value of different projects
  • Pension and Retirement Planning

📝 How to Prepare for CM1?

  • Focus on building the understanding on the topics TVM, annuities, loan schedules and cashflow models.
  • Start practicing the Paper B Material early and master different Excel shortcuts and functions.
  • After completing the syllabus two times with revision, start solving the PYPs and give Mock Tests.

📑 Structure of CM1

CM1 is divided into two parts:

Component Exam Format Duration
CM1A – Theory IAI: Computer-Based MCQ
IFoA: Written theory (MS Word) ( 5 minutes extra for downloading)
3 hours 15 minutes
CM1B – Practical Excel-based application test using real actuarial problems (15 minutes extra for uploading) 1 hour 45 minutes

📚Topics Covered and their Weightings

Topic Weightage
Theory of Interest Rates 25%
Equation of Value and its Applications 20%
Decrement and Multiple Life Models 20%
Pricing and Reserving 35%

📊 Passing Criteria

Institute Passing Marks
IAI (India) 50% (Fixed); 30% in both Paper A and Paper B
IFoA (UK) 56%–65% (Varies by term)
WHAT YOU WILL GET

Course Deliverables

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Recorded Lectures (A+B)
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Soft copy of resources
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Access to Student dashboard
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100% Placement & Training Assistance
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Technical support
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Practice papers
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Chapter wise MCQ Bank
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1:1 Mentorning
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Live Industry expert sessions
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Live Concept classes ( A + B )
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Mock Test with Detailed evaluation (2 Sets)
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Hard copy of AEI Personalized Compiler
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Doubt solving sessions
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Course extension (2 more terms)
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Interactive Q & A Forum

Arvita ShuklaAIR 1
Mokshit Kothari AIR 1
Pravesh ThakurAIR 1
Vrinda AgarwalAIR 1
Kunal TibrewalAIR 1
Meghna AgarwalAIR 1
Anjali PatwaAIR 1
Girdhari Lal95
Vandita Sarda93
Aditi Bhavsar93

FACULTY

Meet The Instructor


Praveen Patwari is a Qualified Chartered Accountant who has cleared 14 out of 15 Actuarial Science papers. He began teaching in high school and has trained 5000+ students. Known for his captivating attitude and intelligence, he has produced top scorers in Actuarial Science across India with 8 times AIR 1 in CM1. His journey demonstrates persistence, discipline, and deep knowledge, making him a sought-after speaker. He has delivered sessions at prestigious institutions like SRCC, Miranda House, Hansraj College, Lady Shri Ram, St. Xavier’s College, BESC and Ramjas College.

Shivangee Agarwal is a Qualified Actuary with a Master’s in Data and Business Analytics from IIM Indore. She secured All India Rank 1 in CT7 – Business Economics and holds a B.Com (Hons in Finance) from St. Xavier’s College, Kolkata. Over 6+ years, she has taught 2500+ students in Actuarial and Data Analytics domain, becoming a favourite coach for CS2, CB2, CP2, and CP3 papers. She has expertise in Excel and R Programming. Her inspiring journey led her to conduct workshops and lectures at various colleges like Lady Shri Ram College, St. Xavier’s College, SRCC, Mithibai College, IIM Indore and IBS Hyderabad.

PLAYLIST

Demo Class Videos


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