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CAA Global Module-0 Exam Syllabus Topics:

SectionWeightObjectives
Financial Mathematics Basics20%- Basic investment and cash flow concepts
- Interest rates and discounting
- Time value of money
- Annuities and perpetuities
Introduction to Actuarial Concepts10%- Overview of actuarial work and risk management
- Basic actuarial applications
Probability and Statistics40%- Basic probability theory
- Measures of location, dispersion and correlation
- Data presentation and analysis
- Discrete and continuous probability distributions
- Statistical inference and hypothesis testing
Fundamental Mathematics30%- Differential and integral calculus
- Sequences and series
- Mathematical constants and standard functions
- Numerical methods
- Algebra, equations and inequalities

CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:

1. Let x and y be two positive real numbers.
Rewrite the following equation such that y becomes the subject of the formula:

A)

B)

C)

D)

A) Option A
B) Option C
C) Option D
D) Option B


2. Calculate

A) 337.84
B) 58.88
C) 399.68
D) 951.84


3. Two real numbers, x and y, satisfy the following inequalities:

Determine which statement is true.

A) y cannot be negative.
B) y can be negative.
C) y must be positive.
D) y cannot be zero.


4. Let a and b be two positive numbers and let m and n be two positive integers.
Identify which of the followingequalities is false.
A)

B)

C)

D)

A) Option A
B) Option C
C) Option D
D) Option B


5. Differentiate with respect to X:

A)

B)

C)

D)

A) Option A
B) Option C
C) Option D
D) Option B


Solutions:

Question # 1
Answer: B
Question # 2
Answer: A
Question # 3
Answer: A
Question # 4
Answer: C
Question # 5
Answer: B

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