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Updated: Aug 23, 2026
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CAA Global Module-0 is an entry level exam that is required for anyone seeking to become a certified actuarial analyst. Entry exam of the Certified Actuarial Analyst qualification certification is recognized globally and has been designed to provide individuals with the skills required to become a successful actuary. The entry exam is a crucial milestone for those who wish to make a career in this field, and it determines their eligibility to continue with the CAA Global qualification.
CAA Global Module-0 Exam Overview:
| Certification Vendor: | Institute and Faculty of Actuaries (IFoA) / CAA Global |
| Exam Name: | Entry Exam – Fundamental Mathematics and Statistics (Module 0) |
| Exam Number: | CAA Module 0 |
| Available Languages: | English |
| Exam Duration: | 120 minutes |
| Real Exam Qty: | 65 |
| Related Certifications: | CAA Module 1 – Finance and Financial Mathematics CAA Module 2 – Statistics and Models CAA Module 3 – Long Term Actuarial Mathematics CAA Module 4 – Short Term Actuarial Mathematics CAA Module 5 – Models and Audit Trails |
| Exam Format: | Computer-based assessment, Multiple-choice questions |
| Recommended Training: | BPP Actuarial Education |
| Exam Registration: | CAA Global official site IFoA Certified Actuarial Analyst page |
| Sample Questions: | CAA Global Module-0 Sample Questions |
| Exam Way: | Computer-based exam delivered via Pearson VUE test centres (or approved remote delivery where applicable). |
| Pre Condition: | No formal prerequisites; serves as entry exam for CAA qualification. |
| Official Syllabus URL: | https://www.actuaries.org.uk/ |
The Certified Actuarial Analyst (CAA) qualification is a globally recognized certification for individuals who want to pursue a career in actuarial science. The CAA Global Module-0 is the entry exam that candidates need to pass to be eligible for further modules of the CAA qualification. The Module-0 exam is designed to test the fundamental knowledge of candidates in mathematics, statistics, economics, and finance.
The CAA Global Module-0 exam comprises three sections, namely, Finance and Financial Mathematics, Accounting and Business, and Economics and Statistics. The Finance and Financial Mathematics section covers topics such as time value of money, discounting, annuities, loans, and bonds. The Accounting and Business section focuses on basics like accounting principles, balance sheets, income statements, and financial analysis. Finally, the Economics and Statistics section covers microeconomics, macroeconomics, and statistics, with topics ranging from elasticity to hypothesis testing. Passing the Module-0 exam is the first step towards becoming a qualified actuarial analyst, providing a strong foundation that will be built on as candidates progress through the CAA program.
CAA Global Module-0 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Fundamental Mathematics | - Numerical methods - Algebra
|
| Topic 2: Probability and Statistics | - Probability theory - Descriptive statistics - Statistical distributions |
| Topic 3: Mathematical Techniques | - Basic modeling concepts - Mathematical notation and functions |
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