The syllabus and format of the CP2 exam are very similar to the CA2 exam, which it replaces. The one change to note is that the Examiners have said that the CP2 exams will put more emphasis on issues relating to data.
ActEd has produced course notes which we recommend you use in your preparation. These include sections covering:
Course Notes are available in printed format and as an eBook, which can be purchased as an addition to the printed product or as a stand-alone product.
Here are some samples from the Course Notes:
Download Analysing Data Sample
Download Worked Example Sample
The Course Note samples are in Adobe Acrobat format, and you will need the latest version of Adobe Acrobat Reader to view and print it. If you don't have Adobe Acrobat Reader, you can download it here.
You may also like to use one of ActEd’s Assignments and Mock Exams to help you prepare for the CP2 course.
We have presented two Worked Examples of the Course Notes. The instructions for both projects are in the course notes along with a full analysis of a set of solutions produced by a student attempting them under exam conditions.
The data for the Paper 1 Worked Example is contained in the text – so no data file is required if you wish to try the question ‘hands-on’ rather than just reading through the student’s solution presented in the Course Notes.
For the Paper 1 Worked Example, the solution audit trail is in the Course Notes. The solution spreadsheet model is available here:Download Worked Example Project (Paper 1)
The Paper 1 Worked Example spreadsheet above is also the starting point for the Paper 2 Worked Example. So, if you wish to try this project ‘hands-on’ you will need this spreadsheet along with the audit trail from the Course Notes.
For the Paper 2 Worked Example, the solution summary report is in the Course Notes. The solution spreadsheet model is available here:Download Worked Example Project (Paper 2)
The CP2 Preparation Day builds upon the CP2 Course Notes. It helps develop the required documentation skills and technical Excel knowledge needed to pass Subject CP2, using an exam‐style question as a case study. We offer the choice of an online or face‐to‐face course, where students will need to bring their own device capable of running the required software (eg Excel, Word).
An Online Classroom is also available, which is a great alternative to a tutorial, particularly if you’re not based in the UK or near a tutorial venue.
In addition to the tutorial support for CP2, we offer a set of Assignments and Mock Exam papers, which give you an opportunity to practise the skills needed for the CP2 exams.
Please note that Assignment 3 and the two Mock Exam papers are updated versions of the Mock Exams we offered for CA2. So these may not be suitable for you if you have already attempted them previously.
There are three Assignments:
Assignments 1 and 2 require you to submit written answers (similar to the assignments in the other subjects).
Assignment 3 requires you to produce a spreadsheet model (using MS Excel) and an audit trail (using MS Excel or MS Word).
To attempt Assignment 3, you will need to download the file Assignment 3 Spreadsheet Model.
Our main Mock Exam contains two papers to mimic your real exam:
We also offer an Additional Mock Pack (AMP, which contains two further Mock Exams (Mock Exam 2 and Mock Exam 3), each containing two papers.
The Mock Exam and AMP is available as an eBook as well as printed paper.
We offer marking of the Assignments and Mock Exams by an ActEd marker. The marker will provide you with detailed feedback on your work and highlight potential areas for improvement to maximise your chances of success in the exams. You will also receive a breakdown of your marks. Model solutions are also provided.
In order for ActEd to mark your Assignments and Mock Exams in good time, we recommend that you submit your work for marking at least 4 weeks before your exam. In any event, the Assignments and Mock Exams must be submitted before the final deadlines in order for us to be able to mark them.
ActEd Solutions with Exam Technique (ASET) contains exam papers along with ActEd's full solutions including techniques for tackling exam questions.
ASETs are available in printed format or as an eBook. EBooks can be purchased as an addition to the printed product or as a stand‐alone product. ASET is fully up‐to‐date in respect of changes to the Syllabus and Core Reading.
You require some electronic files in order to complete some CP2 exam questions. For your convenience these files are given below.
|Download 'CP2 ASET Paper 1 April 2021.xlsx'
Download 'CP2 ASET Paper 2 April 2021.xlsx'
Click on the appropriate link to download the file.
ASET includes not only a possible solution to each question on the exam paper, but also comments to help you with your exam technique, alternative approaches and references to the course material.
ASET is a useful complement to the Examiners’ Reports (available from the IFoA website).
We are specialist actuarial educators and we are producing a wide range of affordable, online study resources to prepare students studying for the Certified Actuarial Analyst (CAA) exams offered by CAA Global.Find Out More