CM1: Actuarial Mathematics

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Actuarial Mathematics (CM1A) Theoretical exam – (MS – WORD) 3 hours 20 minutes
Actuarial Mathematics (CM1B) Computer exam (MS-EXCEL) 1 hour 50 minutes 

What you will learn?

  • Time value of money
  • Calculating the interest rates for products offered by Bank & Financial Institutions
  • We get to know about the mathematics captured in loans offered by banks.
  • Selecting a project based on financial factors like NPV,IRR,DPP, etc.
  • Pricing of Bonds and calculating the yields.
  • Term structure of interest rates.
  • How does a life insurance company calculate the survival & death probabilities of a person?
  • The various assumptions used in a Life Insurance company.
  • Knowing about the different products offered by a Life Insurance company.
  • Pricing and reserving in a Life Insurance company.
  • Knowing the mechanics of insurance policies where two or more lives are involved.
  • Competing risks.
  • Profit testing of a Life Insurance Product


Full Course pre-recorded updated lectures are given at the time of admission.
Live Classes are conducted by main faculty in both offline (only in Kolkata) and online modes (google meet). Timings of live classes is between 9:30 am to 3:30 pm for CM & CS papers and 2 pm to 4 pm for CB papers.
Live classes will be conducted in hybrid format (mix of recorded videos & question solving)
Weekend Practice & Doubt Sessions taken by industry experts.
Recordings of live classes conducted by main faculty only are uploaded within 24- 48 hours.
Hardcopies of past year papers & summary notes will be delivered in 7-10 working days for students outside Kolkata & Kolkata students have to collect from our center.
Exclusive AEI QForum Access
Q&A discussion forums & chapter-wise MCQ banks
Mock tests following the exam pattern with detailed evaluation & comprehensive feedback. (2 sets for CM, CS & CB & 1 set for CP & SP papers)
Soft copy of relevant materials and class notes
Personalized 1:1 mentoring sessions for CM, CS & CB papers
Technical Support
Weekly Class timetable updates and announcements related to IFOA/IAI are shared on AEI QForum.
Bridge classes available for all students for the subject mathematics & statistics.
Benefit from 100% placement assistance after clearing minimum of 5-6 papers as an in-house student.
Pass Guarantee Courses with a nominal fee of ₹1000 per term for extension after exam term if not appeared or not cleared. (extension is allowed only for two consecutive terms & for ACET only once.)
The video lectures are accessible on only one device.

Top Scorers

SL. No. Name Marks
1 Mokshit Nankumar Kothari AIR 1
2 Pravesh Thakur AIR 1
3 Vrinda Agarwal AIR 1
4 Kunal Tibrewal AIR 1
5 Meghna Agarwal AIR 1
6 Vandita Sarda 93
7 Aditi Bhavsar 93
8 Sparsh Modi 93
9 Kanishk agarwal 93
10 Chirag gupta 92
11 Hitesh Mohata 91
12 Devansh Dhona 91
13 Manchite Chaudhary 91
14 Siddharth Sonthalia 91
15 Avanti Shroff 90
16 Mihir Kochar 90
17 Nandini Baheti 90
18 Yash Agarwal 90
19 Richa Gupta 89
20 Aman Shah 89
21 Harsh Sharma 89
22 Kaavya Khemka 88
23 Adarsh Agarwal 88
24 Akshat Suman Banka 88
25 Suket Choudhary 87
26 Surabhi Agarwal 87
27 Arya Swadia 87
28 Rahul Agarwalla 86
29 Navya Choudhary 86
30 Tanvi Jain 86
31 Aditya Aswal 85
32 Rajat Pareek 85
33 Varun vora 85
34 Mehul Mittal 85
35 Muskan Chowdhury 85
36 Pradhyumn Mundhra 85
37 Pratik Jain 85
38 Diyaansh Kahitan 85

Meet the Instructor

Praveen Patwari
Praveen Patwari

Praveen Patwari is a qualified CA who has cleared (13/15) papers of Actuarial Science. He started teaching from the age of 15 when he was in high school, he has close to 10 years of teaching experience. He has successfully trained more than 1500+ undergraduate students and has produced top scorers and rank holders across the country in the field of Actuarial Science, Data Analytics, CA, CS and CMA. He is a motivational speaker and has conducted career counselling at many prestigious colleges and schools like St. Xavier’s College, Bhawanipur College, Lady Shri Ram College for Women-DU, Nalanda University, NMIMS, Mithibai College, Amity University and many more.