Introduction to Actuarial Science

1. What is the full name of E-NSACT?

• 1. E-National Secondary School Actuarial Camp

• 1. E-National Secondary School Actuary Camp

• 1. E-National Secondary Actuarial Camp

• 1. E-National Secondary Actuary Camp

Which of the following subjects was not covered in Actuarial Science?

• Science

• Accounting

• Actuarial Mathematics

• Risk Theory

1. Actuary does ____ except

• 1. Manage risk by analyzing data from the past and the present to determine the probability of future events

•  Manage financial assets and liabilities of a business

• 1. Business management

• 1. Determine the likelihood of a scenario and predict the potential financial cost of an event.

1. Which of the following is NOT the common software learnt and used by actuarial students?

• Excel

• R

• VBA

• PHP

1. Which of the following is not considered as traditional career pathways of actuarial students?

• Insurance

• Pricing

• Valuation

• Predictive Analytics

Actuaries involve in the following sectors except

• Arts

• Insurance

• Business

• Finance

1. Which of the following is a UK-based actuarial board?

• Society of Actuaries (SOA)

• 1. Institute and Faculty of Actuaries (IFoA)

• 1. Casualty Actuarial Society (CAS)

1. What are the prerequisite to obtain VEE in SoA?

• Must pass at least two actuarial examinations with the SOA or

  CAS.

• Must obtain a grade

  of B- or above on the

  subject related.

• Must pass two Specialist

  Principles subjects and

  pass one Specialist Advanced

  subject

  
  

1.  CAS is a dominant society for those in ____ track of actuarial science.

• 1. Life Insurance

• 1. Investment

• 1. General Insurance

• 1. Health Insurance

1.  The following universities offer Actuarial Science course except

• 1. Universiti Malaya (UM)

• 1. Universiti Kebangsaan Malaysia (UKM)

• 1. Universiti Sains Malaysia (USM)

• Sunway University