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IAI Actuarial Core Principles · Business Management · Activities of the Institute of Actuaries of India

A candidate, Imran, is planning his CB3 Business Management preparation. Which description of CB3 assessment is accurate?

CB3 assessment includes a ten-day online business game, seven exercises or case studies, and an online examination. It is not split into Paper A and Paper B, which is the structure for the CS and CM subjects.

  1. AA single three-hour written paper with no practical component
  2. BA ten-day online business game, seven exercises or case studies, and an online examinationCorrect
  3. CTwo papers, Paper A of 3 hours 15 minutes and Paper B of 1 hour 45 minutes
  4. DOnly a series of workplace reports submitted to the Institute
  5. A one-day viva followed by a project dissertation

Explanation

CB3 combines a ten-day online business game, seven exercises or case studies, and an online examination. The Paper A/Paper B structure applies to CS and CM subjects, not CB3.

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