Core Practices

Advice For Students Studying Subject CP1

Subject CP1 may well be the first later exam or indeed the first IFoA exam that you are sitting. We have produced a series of video units to provide you with some guidance on studying this subject which we hope will be useful, particularly if you are new to the 'IFoAs exams.

The first unit covers Introduction and key concepts

The second unit covers Study skills

The third unit covers Exam skills

We have a range of study materials that you can use when sitting Subject CP1. We have broken the materials down into those that we consider to be 'essential' and 'highly recommended' plus those products which can make your revision very effective. Students learn in different ways so you will need to read the details of each product to see what will work for you.

For advice about which products to choose, please read our product guide. Advice on the exams, revision and our products is also available in our Tutor Talk videos.

Essential

Highly recommended

Effective Revision

Advice for students studying CP1 over two sessions

As the materials are updated yearly, students who plan to sit the exam in September but intend to start studying before April will not need to update their materials.

The Subject CP1 Online Classroom provides access for 13 months and so can be used over two sessions without an additional purchase.

Advice For Students Studying Subject CP2

ActEd's introduction to CP2

We've produced an introductory video for students sitting Subjects CP2.

Course Notes

• the principles required for analysing data, developing a model, creating an audit trail and presenting results
• advice on using software and exam technique tips
• a detailed worked example and a sample marking schedule
• the syllabus
• aims, further reading and useful checklists
• example spreadsheets, audit trails and summary reports
• self-assessment questions and projects.

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 CP2 Chapter 01 (Analysing data) 2025

Download CP2 Chapter 09 (Worked example Paper 1) 2025

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 Exam to help you prepare for the CP2 course.

Data files for the Worked Examples in the Course Notes

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)

Face-to-face and Online Tutorials

The CP2 tutorial 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.

Please view the Tuition Bulletin to see the courses on offer. Full details of the application process can be found >Full details of the application process can be found here.

• teaching, helping you to really get to grips with how to meet the objectives of Subject CP2, and
• exercises demonstrating key skills you will need for the exam.

How does the Online Classroom differ from the one-day tutorial for Subject CP2?

The tutorial gives a full day of tuition with a group of students at a scheduled time which includes working through example assignments. However, the exam skills covered in both the Online Classroom and the tutorial are the same.

What else is in the Online Classroom?

• the exercises and solutions
• useful checklists
• guidance on how and when to use the Online Classroom, and how to integrate it with your other study resources to best suit you and maximise your chances of exam success.

Students booked onto a confirmed CP2 tutorial or who have previously attended a CP2 tutorial may purchase the Online Classroom at a significantly reduced cost. Please refer to the retaker rate.

Students will have access for up to 13 months.

Online Classroom demo

The best way to discover the Online Classroom is to see it in action. You can watch a sample of the CP2 Online Classroom introduction video below.

Assignments and Mock Exam

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. The Assignments and the main Mock Exam are included in the CMP.

Assignments

• Assignment 1 (1¾ hours) focuses on the Excel aspects of CP2
• Assignment 2 (1¾ hours) focuses on producing a model and audit trail as for the CP2 Paper 1 exam
• Assignment 3 (3¼ hours) is similar to a CP2 Paper 2 exam

All three assignments require you to submit a spreadsheet solution (using MS Excel). Assignments 2 and 3 also required you to submit a written document (using MS Word).

To attempt Assignment 1, you will need to download the file Assignment 1 Data.

Assignment 2 does not require any additional files.

To attempt Assignment 3, you will need to download the file Assignment 3 Spreadsheet Model.

Mock Exam

• Paper 1 (3¼ hours) is similar to a CP2 Paper 1 exam
• Paper 2 (3¼ hours) is similar to a CP2 Paper 2 exam

To attempt Mock Exam Paper 1, you will need to download the file Mock Exam Paper 1 Data.
To attempt Mock Exam Paper 2, you will need to download the file Mock Exam Paper 2 Spreadsheet Model.

We also offer an Additional Mock Pack (AMP, which contains two further Mock Exam (Mock Exam 2 and Mock Exam 3), each containing two papers.

To attempt Mock Exam 2 Paper 1, you will need to download the file Mock Exam 2 Paper 1 Data.
To attempt Mock Exam 2 Paper 2, you will need to download the file Mock Exam 2 Paper 2 Spreadsheet Model.

To attempt Mock Exam 3 Paper 1, you will need to download the file Mock Exam 3 Paper 1 Data.
To attempt Mock Exam 3 Paper 2, you will need to download the file Mock Exam 3 Paper 2 Spreadsheet Model.

The Mock Exam and AMP is available as an eBook as well as printed paper.

Marking

We offer marking of the Assignments and Mock Exam 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 Exam 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's Solutions with Exam Technique (ASET)

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.

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).

Advice For Students Studying Subject CP3

CP3

We recommend that you study for CP3 after you have tackled all of the Core Principles subjects (or equivalent CT subjects) and CP1 (or CA1). When thinking about when to take CP3 please also bear in mind that it can't be 'crammed', as it requires practice!

We've produced an introductory video for students sitting Subjects CP3.

We've got lots of tools and resources to help you maximise your chance of success in the CP3 exam ... have a look at the 'Timeline for Success' below, and Click on the individual elements for more information. Planning ahead will pay dividends!

We've also considered questions that students may ask about CP3, and you can download these and our answers in our FAQ document download these and our answers in our FAQ document here.

• CP3 Course Notes
• CP3 X Assignments
• CP3 Online Classroom
• CP3 Tutorial
• CP3 Mock Exam (included in the CMP)
• Additional Mock Pack
• CP3 ASET
• CP3 Exam

Combined Materials Pack (CMP)

We have a range of study materials that you can use when sitting Subject CP3. Have a look at the 'Timeline for Success' for more information.

We recommend you purchase the CMP which includes the Course Notes, X Assignments and Mock Exam.

The Course Notes for Subject CP3 have been written to teach you the general principles and techniques of good business writing, and to give you advice on passing the CP3 exam. The notes should be worked through before attempting any exam-style questions (eg assignments).

The notes are relatively short (about 170 pages) - a sample (including content pages) is available to download download sample noteshere.

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.

Assignments

The main way to become a good 'actuarial communicator' is to practise.

The Series X Assignments are included in the Combined Materials Pack. They can be purchased with or without marking.

These assignments have the same format as the actual CP3 exam. Material that must be read in advance of attempting the questions under exam conditions is supplied as part of the assignment pack. This material includes numeric data, and spreadsheets containing this data can be downloaded below.

Please refer to the latest corrections document before completing your assignment(s).

• Download 'first spreadsheet for X1'
• Download 'second spreadsheet for X1'
• Download 'spreadsheet for X2'
• Download 'spreadsheet for X3'

The CP3 cover sheets for assignments and mocks can be found The CP3 cover sheets for assignments and mocks can be found here.

If you don't have Adobe Acrobat Reader, you can download it here.

Online Classroom

The Online Classroom is an exciting new approach to studying for the actuarial exams. It acts as either a valuable add-on to a tutorial (face-to-face or live online) or a great alternative to a tutorial, particularly if you're not based in the UK or near a tutorial venue.

Key highlights

• Comprehensive
  Content equivalent to a typical tutorial, including easy-to-understand tutor explanations of topics, tutor-guided question practice and questions and solutions handouts.
• Interactive and multi-sensory
  You study actively, pausing the recordings to answer questions and checking your understanding throughout. By watching, listening and participating in short chunks, you enhance the learning process.

• teaching, helping you to really get to grips with how to meet the objectives of Subject CP3, and
• guided questions, enabling you to learn the most efficient and effective ways to meet the requirements of the CP3 exam.

Online Classroom demos

The best way to discover the Online Classroom is to see it in action. You can watch an excerpt from a CP3 Online Classroom tutorial unit here:

What else is in the Online Classroom?

• key learning from each unit
• the tutorial questions
• solutions to the tutorial questions, alongside exam hints and tips
• information about the exam
• guidance on how and when to use the Online Classroom, and how to integrate it with your other study resources to best suit you and maximise your chances of exam success.

Students booked onto a confirmed CP3 tutorial or who have previously attended a CP3 tutorial may purchase the Online Classroom at a significantly reduced cost. Please refer to the retaker rate.

Students will have access for up to 13 months. After expiry, if you wish to re use the Online Classroom in the same subject, you will need to re-register and an additional fee will be payable.

Tutorials

To build upon your learning from the CP3 Course Notes and help develop the communication skills you need to pass the exam you may like to attend one of our one-day tutorials (delivered face-to-face or live online). The tutorial includes exercises providing opportunities to practise your written communication skills. You will leave the tutorial with your own personal action plan so that you know how you need to improve before the exam.

Please view the Tuition Bulletin to see the tutorials on offer. Full details of the application process can be found Full details of the application process can be found here.

Advice For Students Studying Subject CP3

We have a range of study materials that you can use when sitting Subject CP3. Have a look at the 'Timeline for Success' for more information.

We recommend that you prepare for the Subject CP3 Exam by completing at least one mock exam under exam-style conditions.

Mock Exam (included in the CMP)

If you use our Mock Exam you will be prompted to download a spreadsheet. You should not download it or review it until prompted to do so. The spreadsheet can be downloaded by clicking on this link..

If you choose to have your Mock Exam answers marked by ActEd then you will need to purchase Mock Exam Marking or a Marking Voucher and you will need to email your answers in pdf format. However, if you would prefer to self-mark then you can use the full marking schedule and example solution supplied with each mock exam.

Additional Mock Pack

The Additional Mock Pack (AMP) consists of two further mock exams. It is ideal if you are retaking and have already sat the Mock Exam, or if you just want some extra question practice. Marking Vouchers can be used if you would like the additional mocks marked by ActEd (Mock Exam 2 and Mock Exam 3 cannot be marked using Mock Exam Marking).

If you use our Mock Exam 3 you will be prompted to download a spreadsheet to refer to with the advance material. This spreadsheet can be downloaded by clicking on this link for spreadsheet to refer to with the advance material in Mock Exam 3.

Subsequently, when reading the questions you will be prompted to download a 'further information spreadsheet' for Mock 3. You should not download it or review it until prompted to do so. This spreadsheet can be downloaded by clicking on this link for download a 'further information spreadsheet' for Mock 3.

The Mock Exam and AMP are available in eBook or paper format.

ASET

ActEd Solutions with Exam Technique (ASET) contains exam papers and the associated scenario (or advance) material along with ActEd's full solutions including techniques for tackling exam questions.

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).

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.

You may require some additional electronic files in order to complete some CP3 past exam questions. For your convenience, these files are given below … (followed by the table).