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It outlines the aim of the Finance and Financial Mathematics exam, the qualification context, learning objectives, and the full Module 1 syllabus topics such as cash flow models, time value of money, loan repayments, discounted cash flow investment appraisal, and the term structure of interest rates. 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There is also a specimen exam paper giving examples of the type of questions you will be asked.  \nThe Certified Actuarial Analyst qualification  \nThere are seven exams which you will need to complete for the qualification:  \n\n| Module title | Assessed by |\n| --- | --- |\n| Fundamental Mathematics& Statistics – Module 0 | 2 hour Computer Based Assessment |\n| Finance and Financial Mathematics –Module 1 | 2 hour Computer Based Assessment of\u003Cbr>60 questions |\n| Statistics and Models\u003Cbr>– Module 2 | 2 hour Computer Based Assessment |\n| Long Term Actuarial Mathematics – Module 3 | 2 hour Computer Based Assessment |\n| Short Term Actuarial Mathematics – Module 4 | 2 hour Computer Based Assessment |\n| Models and Audit Trails – Module 5 | 3 hour examination |\n| Online Professional Awareness Test (PAT) | 90 minute examination |\n\nIn addition to passing the above exams, you must complete at least one year of relevant work experience(Work-basedskills) .  \nThe syllabus for the Module 1 exam  \nThe mathematical topics covered by the Module 1 exam are:  \n• The key principles of finance  \n• Cash flow models  \n• The time value of money using the concepts of compound interest and discounting  \n• Loan repayments by regular instalments of interest  \n• The use of discounted cash flow techniques in investment project appraisal  \n• Investment and risk characteristics  \n• Elementary compound interest problems assuming a tax-free investor  \n• The “term structure”of interest rates  \nYou can find the full Module 1 syllabus in Appendix 1 of this Resource guide  \nAssessment of the Module 1exam  \nThe Module 1 exam is assessed by a 2 hour computer based exam containing 60 multiple choice questions.  \nBefore you start your 2 hour exam you will have an extra 15 minutes for:  \n• reading the exam instructions, and  \n• working through some basic sample questions so that you become familiar with the formatof the exam.  \nYou will also need to sign a statement of confidentiality in relation to the exam materials.  \nPass standards for the exam are set by CAA Global. Details of pass standards for CAA exams will be published indue course.  \nStudying forthe Module 1 exam  \nRecommendedstudy hours  \nWe recommend th","cbCaimP9NVz5Gjwv","https://ap.wps.com/l/cbCaimP9NVz5Gjwv","pdf",319917,27,"English","# Contents\n## Welcome to Module 1\n## The Certified Actuarial Analyst qualification\n## The syllabus for the Module 1 exam\n## Assessment of the Module 1 exam\n## Studying for the Module 1 exam\n## Specimen exam paper\n## Resources available at the exam centre\n## Appendix 1 Syllabus: Module 1 – Finance and Financial Mathematics\n## Appendix 2 Specimen Examination Paper: Module 1– Finance and Financial Mathematics","[{\"question\":\"What is the purpose of the Module 1 Finance and Financial Mathematics exam?\",\"answer\":\"To provide grounding in finance and financial mathematics with simple applications.\"},{\"question\":\"How is the Module 1 exam assessed?\",\"answer\":\"It is assessed by a 2 hour computer based exam with 60 multiple choice questions, with an additional 15 minutes for instructions and sample questions before starting.\"},{\"question\":\"What study support does the resource guide recommend for Module 1 preparation?\",\"answer\":\"It recommends 125–150 hours of study, suggests an online tuition provider (BPP ActEd), lists a suitable textbook, and points to free online resources that may supplement other learning materials.\"}]","Certified Actuarial Analyst Resource Guide - Module 1 - 2017 | PDF",1790488521,68]