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CAA Global Module-0 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Introduction to Actuarial Concepts | 10% | - Basic actuarial applications - Overview of actuarial work and risk management |
| Probability and Statistics | 40% | - Discrete and continuous probability distributions - Statistical inference and hypothesis testing - Data presentation and analysis - Measures of location, dispersion and correlation - Basic probability theory |
| Financial Mathematics Basics | 20% | - Annuities and perpetuities - Time value of money - Basic investment and cash flow concepts - Interest rates and discounting |
| Fundamental Mathematics | 30% | - Algebra, equations and inequalities - Differential and integral calculus - Mathematical constants and standard functions - Numerical methods - Sequences and series |
CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:
Question 1
Consider the following definite integral:
Determine for which combination of a and b the integral converges.
A)
B)
C)
D)
A. Option B
B. Option D
C. Option A
D. Option C
Question 2
Identify which of the following non-terminating geometric series converge, for values of x such that 1 < x < 2.
A. II and IV
B. II, III and IV
C. I, II and IV
D. I and IV
Question 3
Determine which of the following statements is not true about the binomial expansion of (1+x)p, assuming p is real.
A.
B.
C. it converges when p is a p positive integer.
D. 
Question 4
Calculate the sum of the following series: 3, -6,12, -24,..., -1.536.
A. -60
B. -3,833
C. -1,023
D. 3,069
Question 5
Calculate the determinant of the product of the matrices given below:
A. -60
B. -78
C. -440
D. -0 00227
Solutions:
| Question 1 Answer: B | Question 2 Answer: A | Question 3 Answer: B | Question 4 Answer: C | Question 5 Answer: C |
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