The aim of actuarial statistics (CS1) is to provide a grounding in mathematical and statistical methods that are of relevance for actuarial work. It equips the student with knowledge of statistical distributions, methods to summarise data, the principles of statistical inference, regression models (including generalised linear models) and the fundamental concepts of Bayesian statistics. The subject includes both theory and application of the ideas using R programming.

CS1 comprises of CT3 (as per previous curriculum)

Exam format:

3 hours and 20 minutes Computer-based exam (Word), plus 1 hour and 50 minute
Computer-based exam, software R.

1. Meant for students aspiring to do exceedingly well in paper CS1
2. Subjects covered Basic Statistics,Linear Models,Bayesian Statistics and programming R.
3. Curriculum designed by All India Toppers and professionals having experience of working in Life Insurance Sector covering all topics under IFOA/IAI Syllabus
4. Focus on understanding the basics by connecting theory with real-life applications followed by problem solving of different patterns using innovative tools and techniques.