CB1 Business Finance

Develop Financial Acumen for Strategic Actuarial Decision-Making

CB1 introduces students to the core concepts of corporate finance, financial instruments, capital structure, and company accounts—all essential for understanding how real businesses operate, make decisions, and manage risk. This course is designed to bridge financial theory with applied business judgment, tailored for actuarial professionals operating in corporate and investment environments.

Course Highlights

• Corporate governance frameworks, regulatory structures, and the role of capital markets

• Sources of corporate funding, including equity, debt, and alternative finance

• Taxation principles, dividend policy, and capital structure planning

• Evaluation of capital investment projects using NPV, IRR, risk-adjusted methods, and real options

• Construction and interpretation of company financial statements, including those of insurers and banks

• In-depth analysis of profitability, efficiency, leverage, and valuation metrics

What You’ll Learn

• How companies raise and allocate capital to maximize shareholder value

• How investment decisions are assessed in financial terms and under uncertainty

• How to read and analyse company accounts to assess financial performance

• The mechanics and strategic implications of mergers, acquisitions, and divestments

• How corporate finance principles underpin actuarial work in valuation, consulting, and strategy

Outcome

CB1 prepares students not only for the exam but also for active participation in financial discussions within their actuarial roles. The course lays a strong foundation for those aspiring to move into CFO-track roles, investment analysis, or corporate advisory within the insurance and financial services sectors.