CB2-Business Economics - Hindi English

CB2-Business Economics – Hindi English

₹16,000.00

CB2: Business Economics – Regular Course.
Faculty: Shivangee Agarwal
Course Duration: 150+ hours

Category:

📘 Business Economics

5CB2 Business Economics equips actuarial students with a solid understanding of microeconomics and macroeconomics. It explains how markets function, how individuals and firms make decisions, and how economic policies impact businesses and financial systems. This paper ensures actuaries can interpret economic trends and apply them to insurance, pensions, and investments. Alongside this, the related and required understanding of market structures, consumer behaviour, national income, monetary and fiscal policy, and international trade are also developed. It is available through both the institutes, the Institute of Actuaries of India (IAI) and the UK-based Institute and Faculty of Actuaries (IFoA).

🔍 Why is CB2 Important?

  • Provides the economic foundation for actuarial decision-making.
  • Helps actuaries understand market structures, inflation, interest rates, and fiscal/monetary policy.
  • Builds awareness of the global economic environment and its impact on financial markets.
  • Crucial for interpreting economic risks in insurance, pensions, and investments.
  • You should give CS1 (Actuarial Statistics) along with CB2 – a good combo for knowledge.

🧠 Main Topics in CB2 (Subjective)

CB2 covers theoretical knowledge like:

  • Micro-Economics
    • Demand & Supply.
    • Consumer behaviour, elasticities and utility theory.
    • Market structure & Pricing strategies.
  • Macro-Economics
    • National income accounting – GDP, GNP.
    • Economic growth and development.
    • Unemployment & Inflation.
    • Fiscal and monetary policies.

💼 Where Can You Use CB2 Knowledge?

  • Pricing and reserving – considering inflation forecast when setting premium rates or reserving for future claims.
  • Making Investment strategies.
  • Business planning and forecasting.
  • Communicating with stakeholders – explaining the economic rationale behind assumptions to boards, regulators and client.

📝 How to Prepare for CB2?

  • Build a strong conceptual foundation of topics such as demand, supply, inflation, unemployment and development.
  • Focus on graphs, models, and real-world applications.
  • After completing the syllabus two times with revision, start solving the PYPs and give Mock Tests and learn from examiner reports.
  • You can combine CB2 paper along with CS1 – a good combo for actuarial profession.

📑 Structure of CB2

Component Exam Format Duration
CB2 IAI: Computer-Based Objective + Subjective (MS Word)
IFoA: Written theory (MS Word)		 3 hours 15 minutes

📚Topics Covered and their Weightings

Topic Weightage
Economic schools, the economic way of thinking and recent historical applications 5%
Micro-economics 40%
Macro-economics 55%

📊 Passing Criteria

Institute Passing Marks
IAI (India) 50% (Fixed)
IFoA (UK) 56%–65% (Varies by term)
WHAT YOU WILL GET

Course Deliverables

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Recorded Lectures
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Softcopy of AEI Own Study Materials
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Access to Student Dashboard
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Technical Support
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Chapter Wise MCQ Bank
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Regular Mentoring Sessions & Industry Expert Sessions
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Live Concept Classes
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Mock Test with Detailed Evaluation (6 Sets)
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Hard Copy of AEI Own Compiler
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Course Extension (2 More Terms)
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Interactive Q & A Forum

Shivangee AgarwalAIR 1
Anmol BansalAIR 1
Yachi Jain93
Chirag Gupta92
Ashmal Azeem89
Saloni Khanna89
Muskan Chhabra88
Shlok Jain88
Ayush Agarwal87
Jenish Chaplot86
Madhav Kumra86
Mitali Garg86
Shubham Banthia86
Vidisha Mittal86

FACULTY

Meet The Instructor


Shivangee Agarwal is a globally qualified actuary holding the prestigious credentials of FIA (UK), FIAI (India) and FSA (USA), along with the C.Act designation, giving her professional recognition across three of the world’s leading actuarial bodies. She is also IFRI Certified, holds a Master’s in Data and Business Analytics from IIM Indore, and completed her B.Com (Hons. in Finance) from St. Xavier’s College, Kolkata. She secured All India Rank 1 in CT7 – Business Economics, reflecting her strong academic foundation in actuarial science, finance and analytics.

With over 10 years of teaching experience, she has taught and mentored 5,000+ students across Actuarial Science, Data Analytics and Finance. At Actuators Educational Institute, she teaches the Paper B components of CM subjects, along with CS2, CB2, CP2, CP3 and FRM, and also conducts training in Excel, VBA, SQL and R Programming. She has delivered workshops and academic sessions at institutions including SRCC, Lady Shri Ram College, St. Xavier’s College, Mithibai College, IIM Indore and IBS Hyderabad, combining deep technical expertise with a practical, structured and exam-focused teaching approach.

PLAYLIST

Demo Class Videos


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