Syllabus: Year 2026

CORE PRINCIPLES

CS1  Actuarial StatisticsCS2  Risk Modeling and Survival Analysis
CM1  Actuarial Mathematics for ModellingCM2  Economic Modelling
CB1  Business FinanceCB2  Business Economics
CB3  Business Management 

CORE PRACTICES

CP1  Actuarial PracticeCP2  Modelling Practice
CP3  Communications Practice 

SPECIALIST PRINCIPLES

SP1  Health and CareSP2  Life Insurance
SP4  Pension and Other BenefitsSP5  Investment and Finance
SP6  Financial DerivativesSP7  General Insurance Reserving and Capital Modelling
SP8  General Insurance – PricingSP9  Enterprise Risk Management

SPECIALIST ADVANCED

SA1 Health and CareSA2 Life Insurance
SA3 General InsuranceSA4 Pension and Other Benefits
SA7 Investment and Finance 

Note: Those who have purchased ActEd material in year 2010 or earlier could download the upgrades from ActEd website at  ActEd.co.uk

Additional Core Reading Material for SA level subjects

The syllabus objectives are meant for creating and building up Knowledge, Applications and Higher order skills for students under various scenarios and situations involving risk and uncertainty based on Core foundations of Statistics, Probability, Mathematics, Economics, Analytics, Modelling, Finance and Investment.

The Syllabus covered under Four stages of subjects, viz., Core Principles (7 subjects), Core Practices (3 subjects), Specialist Principles (7 optional subjects out of which any 2 compulsory), Specialist Advanced (5 optional subjects out of which 1 compulsory).

Core Principles include Core Statistics (2 subjects), Core Mathematics (2 subjects) and Core Business (3 subjects). Each of Core Statistics and Core Mathematics subject include a theory (Part A)

and a Practical (Part B)exam, the practical exams based on Modelling in R and Excel.

Core Practices include, Actuarial Practice, Modelling Practice and Communications Practice

Specialist Principles stage offer subjects Health & Care, Life Insurance, Pension and Other Benefits, Investment and Finance, Financial derivatives, General Insurance Reserving and Capital Modelling, General Insurance Pricing.

Specialist Applications level offer subjects, Health & Care, Life Insurance, General Insurance, Pension and Other Benefits, Investment and Finance

If you have any queries about Examination please email us at exam@actuariesindia.org