CS1 – Actuarial Statistics
Complete Preparation with Strong Mathematical & Statistical Foundations
CS1 – Actuarial Statistics is the first and most crucial paper in the actuarial journey. It builds the core foundation of probability, statistics, and data analysis required for all higher actuarial subjects. At Alpha Plus Institute, CS1 is taught with deep conceptual clarity, exam-oriented problem solving, and strong mathematical rigor.
What is CS1 – Actuarial Statistics?
CS1 is conducted by leading actuarial bodies and focuses on probability theory, random variables, statistical distributions, and statistical inference. This paper forms the backbone of actuarial risk modelling and financial analysis.
CS1 does not test memorisation. It tests statistical thinking, logical reasoning, and real-world application — skills essential for a successful actuarial career.
CS1 Syllabus Overview
Probability Theory
- Sample space and events
- Conditional probability
- Bayes’ theorem
- Independence of events
Random Variables
- Discrete and continuous random variables
- Probability mass and density functions
- Expectation, variance, and moments
Statistical Distributions
- Binomial, Poisson, Geometric distributions
- Normal, Exponential, Gamma distributions
- Joint and conditional distributions
Statistical Methods
- Estimation theory
- Confidence intervals
- Hypothesis testing
Data Analysis
- Exploratory data analysis
- Regression fundamentals
- Interpretation of statistical results
Why CS1 is the Most Important Actuarial Exam
- Foundation for CS2, CM1, and CM2
- Develops actuarial problem-solving mindset
- Essential for internships and actuarial roles
- Strong weightage in interviews and career progression
A strong CS1 performance gives students a long-term competitive advantage in the actuarial field.
CS1 Preparation at Alpha Plus
At Alpha Plus, CS1 is taught with a concept-first approach and strong exam orientation.
Our Teaching Approach
- Concept-first, formula-last methodology
- Step-by-step derivations
- Extensive exam-oriented problem practice
- Syllabus-aligned teaching
- Regular tests and performance analysis
Who Should Take CS1?
- Class 11–12 students with Mathematics background
- B.Sc, B.Tech, B.Com, BBA students
- IIT-JAM Mathematics & Statistics aspirants
- Working professionals entering actuarial science
CS1 Exam Pattern
- Computer-based examination
- Objective and problem-solving questions
- Strong focus on application of concepts
- Time-intensive and accuracy-driven paper
Career Impact of CS1
Clearing CS1 opens doors to internships, risk and analytics roles, insurance companies, consulting firms, and advanced actuarial exams such as CS2 and the CM series.
Start Your CS1 Journey Today
Build strong foundations, learn with expert guidance, and prepare with confidence.
Enroll now for CS1 – Actuarial Statistics at Alpha Plus.