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DETAILS

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Duration of Program 3 Years (6 Semesters)

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Seats 20

  • B.Sc. Actuarial Science or Bachelor's of Science in Actuarial gives emphasis on a mathematical and statistical analysis of risk, and their applications to insurance and other business management problems
  • The professionals who are qualified in this field are known as “Actuaries”. They apply the necessary skills to solve real business problems. Actuaries calculates insurance risks and premiums
  • UPES NIRF Ranking UPES ranks 56th in NIRF (National Institutional Ranking Framework) of MHRD in the Management Category.

DETAILS

Actuarial science applies mathematical skills to the social sciences to solve important problems for insurance, government, commerce, industry and academic researchers.
Semester I Semester II

Subject

  • Business Economics I
  • Business Mathematics
  • Business Accounting
  • Business Computing
  • Business Communication I
  • Principles and Practices in Insurance

Subject

  • Business Economics II
  • Business Statistics
  • Business Finance
  • Design Thinking
  • Business Communication II
  • Interest Rates & Annuities
Semester III Semester IV

Subject

  • Life Insurance: Principles, Products,
  • Practices
  • Actuarial Mathematics
  • Actuarial Practice
  • Advanced Applications of Annuities
  • Innovation in Insurance Sector

Subject

  • Non- Life Insurance: Principles, Products,
  • Practices
  • Actuarial Statistics
  • Modelling Practice
  • Reserving & Time Series
  • Risk Modelling & Survival Analysis
Semester V Semester VI

Subject

  • Regulation of Insurance Business
  • Financial Engineering and Loss Reserving
  • Actuarial Applications with Spreadsheets
  • Insurance Claim, Negotiations and
  • Settlement
  • Stochastic Modelling
  • Summer Internship
  • Dissertation I

Subject

  • Environmental Studies
  • Communication Practice
  • Enterprise Risk Management
  • Dissertation II

Click here to view Open Elective Subject list

 

Semester

Tuition Fee (Rs.)

Academic Service Fee (Rs.)

Total (Rs.)

I

47,750

15,000

60,750

II

 

45,750

15,000

60,750

III

49,250

16,000

65,250

IV

49,250

16,000

65,250

V

53000

17,250

70,250

VI

53,000

17,250

70,250

Click here to view Other Fees

Minimum 50% marks at Higher & Senior Secondary level (10th & 12th) with Maths in class XII

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Personal Interview

Students appearing in class XII and awaiting result can also apply.

Shortlisted candidates will be given a provisional offer letter.

Age Criteria

Only candidates whose date of birth falls on or after October 1, 1998 are eligible to apply for admission. Date of Birth as recorded in the Secondary Education Board/University certificate only will be taken as authentic.