Actuarial Science Training - Core Technical - Financial Mathematics (CT 1) and ExamFM

Actuarial Sciences

This course is helpful for students aspiring to take Actuarial science exams from Institute of Actuaries of India (IAI) or Institute and Faculty of Actuaries (UK) and even from Society of Actuaries (US). Actuarial science uses mathematical and statistical methods to assess risk in insurance, finance and other industries and professions. Actuarial Analyst is one of the most sought after professions in the current job Market. CT1 - Financial Mathematics is one of the important Actuary exams in the journey towards becoming an Actuary. The curriculum covers the different aspects of Financial Mathematics and basic applications.

Veiw CT 1 Financial Mathematics free videos

LEARNING OBJECTIVES

➣ Describing financial transactions as a cash flow model

➣Time value of Money Cash Flow techniques in Investment appraisal

➣Investment and Risk

➣Using compounding and discounting

➣Interest rates and discount rates for different periods

➣Money vs. Real rates of return

➣Computing Present value and Future value for a series of Cash Flows

➣Different notation and calculations of Annuities

➣Loan Repayment and interpretation of rates

➣Usage of Discounted

➣Characteristics of Different types of Assets

➣Solving different kinds of Compound interest problems

➣Valuation of Forward Contracts

➣Term Structure of Interest rates

➣Stochastic model for Investment returns

COURSE OUTLINE

To be an Actuary, a good understanding of different aspects of Financial Mathematics is a necessity.

Course curriculum - Financial Mathematics

Cash Inflows and Outflows Simple Interest and Compound Interest Present value and Future Value Periodic Interest rates
Force of Interest Nominal vs. Effective rates Conversion between interest rates Real vs. Money Rates of Interest
Series of Cash Flows - PV and FV Deferred Payments Level Annuities Increasing Annuities
Actuarial Notations Relationship between notations Equation of Value Flat rate vs. Effective rate
Loan Repayment Schedule Interest and Capital components Investment Project Appraisal Discounted cash flow mechanisms
NPV and IRR Payback Period and Discounted Payback Money Weighted vs. Time Weighted Return Linked IRR
Investment and Risk aspects of Assets Basic Bond Pricing Yield calculations on Bonds PV of Share and Property
Impact of tax on Bond Pricing Forward Contracts - Pricing and Value Term structure of Interest rates Par yield and Yield to Maturity
Spot rates vs. Forward Rates Duration and Convexity Immunization of Liabilities Stochastic Interest rate Model
Mean and variance - Stochastic Model Log Normal Distribution Practical Examples Questions Solved

Faculty profile

FEES

PURCHASE Pre recorded Self Learning Downloadable for CT 1/Exam FM Training Videos: Fees INR 10000/USD 199.

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Disclaimer: 1. P.A.C.E gurus do not sell/distribute any study material of IAI/IFoA/SOA/Institute of Actuaries of Australia for CT 1/ExamFM EXAM. P.A.C.E gurus only Helps, Trains and Guides students those who have registered and bought the study material from Institute of Actuaries of India/Institute and Faculty of Actuaries to prepare for the exam. We are in no way associated with the Institute of Actuaries of India (IAI)/UK (Institute and Faculty of Actuaries).

2. No derivations and proofs covered as part of training. All numerical queries related to training videos and past question papers would be clarified.