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

Meera is preparing for CB3 Business Management. Which description of its assessment is accurate under the recent format?

CB3 is assessed through a ten-day online business game, seven exercises or case studies, and an online examination. It does not use the Paper A and Paper B 70:30 structure, which applies to CS and CM subjects, nor a 3 hour 15 minute written paper.

  1. AA ten-day online business game, seven exercises or case studies, and an online examinationCorrect
  2. BA single 3 hour 15 minute written paper with no continuous component
  3. CA Paper A and Paper B structure weighted 70:30
  4. DOnly a project report with no examination
  5. Two centre-based papers of 3 hours 15 minutes each

Explanation

CB3 includes a ten-day online business game, seven exercises or case studies and an online exam. The Paper A/Paper B 70:30 structure applies to CS and CM subjects, not CB3. The recent CB3 exam was 1 hour 30 minutes.

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