Actuarial Mathematics

Actuarial Mathematics forms the core for classical actuarial expertise. The design of the new subject modules, Actuarial Mathematics for Modelling (CM1) and Economic Modelling (CM2) provides students with core reading material containing essential knowledge on areas such as how to price different financial products, such as bonds, and insurance products, such as life insurance.  

Later SA and SP subjects in the new curriculum build on CM1 and CM2 through enhanced techniques and a greater understanding of complex financial products.

A guide to CM1 and CM2 examinations

Please note: the CM1 and CM2 exams are now a combination of both a written (A) and an online (B) assessment. Both elements, A and B, will need to be taken in the same exam sitting.

• CM1A and CM2A: are theoretical exams delivered online and can be taken at your workplace or at home UK time only
• CM1B and CM2B: are problem-based assessments and will be sat in UK time only at home or at your workplace