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CAA Global Module-0 Exam Syllabus Topics:

SectionWeightObjectives
Fundamental Mathematics30%- Differential and integral calculus
- Sequences and series
- Numerical methods
- Mathematical constants and standard functions
- Algebra, equations and inequalities
Probability and Statistics40%- Data presentation and analysis
- Statistical inference and hypothesis testing
- Basic probability theory
- Measures of location, dispersion and correlation
- Discrete and continuous probability distributions
Financial Mathematics Basics20%- Interest rates and discounting
- Annuities and perpetuities
- Time value of money
- Basic investment and cash flow concepts
Introduction to Actuarial Concepts10%- Overview of actuarial work and risk management
- Basic actuarial applications

CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:

Consider the function f(x) =x2- 5x - 3
The value of one of the roots of the above equation can be obtained by using the iteration formula

Apply the iteration formula to determine the value of the root.

  • A. 4.40
  • B. 5.53
  • C. 1.54
  • D. 0.54
Answer: A

Calculate the sum of the following series: 3, -6,12, -24,..., -1.536.

  • A. -1,023
  • B. 3,069
  • C. -3,833
  • D. -60
Answer: A

A basketball squad contains 7 players. The team that lines up on the court tor the start of a match contains 5 ofthe players Calculate how many different teams can be fielded from the squad of 7 players

  • A. 21
  • B. 2,520
  • C. 35
  • D. 7
Answer: A

Identify which of the following values is represented by:

  • A. The total increase in the value of f(x) between A and B.
  • B. The average gradient off(x) between A and B.
  • C. The change in the gradient off(x) between A and B.
  • D. The total area under the graph of f(x) between A and B.
Answer: D

Identify which of the following non-terminating geometric series converge, for values of x such that 1 < x < 2.

  • A. II, III and IV
  • B. I, II and IV
  • C. II and IV
  • D. I and IV
Answer: C

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