Prepare with CAA Global Module-0 exam practice material, pass for sure
Updated: Jul 29, 2026
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CAA Global Module-0 Exam Overview:
| Certification Vendor: | CAA Global |
| Exam Name: | Entry exam of the Certified Actuarial Analyst qualification |
| Exam Number: | Module-0 |
| Exam Duration: | 120 minutes |
| Related Certifications: | Module-1 Finance and Financial Mathematics Module-2 Statistics and Models Module-3 Long Term Actuarial Mathematics Module-4 Short Term Actuarial Mathematics Module-5 Models and Audit Trails Online Professional Awareness Test (OPAT) |
| Real Exam Qty: | 60 |
| Available Languages: | English |
| Exam Price: | £185–£250 / $230–$310 USD (varies by region/membership) |
| Passing Score: | Varies by sitting, approximately 55%-65% |
| Exam Format: | Computer-based, Multiple-choice questions |
| Certificate Validity Period: | No fixed expiry; remains valid for progression |
| Recommended Training: | CAA Global Learning Resources CAA Global Module-0 Resource Guide |
| Exam Registration: | CAA Global Official Registration Pearson VUE Scheduling |
| Sample Questions: | CAA Global Module-0 Sample Questions |
| Exam Way: | Computer-based testing at Pearson VUE centers or remote online proctored |
| Pre Condition: | No formal prerequisites; open to all candidates. Recommended background in high school or undergraduate level mathematics |
| Official Syllabus URL: | https://www.caa-global.org/certification/module-0 |
CAA Global Module-0 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Introduction to Actuarial Concepts | 10% | - Basic actuarial applications - Overview of actuarial work and risk management |
| Fundamental Mathematics | 30% | - Mathematical constants and standard functions - Numerical methods - Sequences and series - Algebra, equations and inequalities - Differential and integral calculus |
| Financial Mathematics Basics | 20% | - Annuities and perpetuities - Time value of money - Interest rates and discounting - Basic investment and cash flow concepts |
| Probability and Statistics | 40% | - Basic probability theory - Statistical inference and hypothesis testing - Measures of location, dispersion and correlation - Discrete and continuous probability distributions - Data presentation and analysis |
CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:
1. Determine the binomial expansion of (2x-X2)3.
A) -x6+3x5-3x4+x3
B) -X6+8x3
C) -x8+2xa-4x4+8x3
D) -x6+2x5-4x4+8x3
2. Determine the stationary point(s) for the following function
A) Minimum at x = -3 and maximum at x = -1.
B) Maximum at x = 1 and maximum at x = 3.
C) Minimum at x = 1 and minimum at x = 3.
D) Minimum at x = -1 and maximum at x = -3.
3. A weekly pet insurance premium is given by a solution of the following equation:
4x2-11x-3 = 0
Calculate the premium.
A) -£1
B) -£0.75
C) -£3
D) -£0.25
4. Determine
A)
B)
C)
D)
A) Option D
B) Option A
C) Option C
D) Option B
5. Identify which of the following statements are true.
I.Skewness measures how peaked a set of data is
II.Skewness is a measure of asymmetry of the distribution of the data about its mean.
III. For a symmetrically distributed data, the mean equals the median but not necessarily the mode IV. The value of a measure of skewness can be positive, zero or negative.
A) II, III and IV only
B) I and III only
C) II and IV only
D) I and II only
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: C |
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