Bachelor of Science in Actuarial Sciences is a 3-year undergraduate course designed for candidates who seek a career in the banking, investment and finance industry. The course comprises a diverse study of different fields of mathematics and statistics. Students are taught to decipher the economic pattern and market trends interns of figures and numbers. The course also comprises communication methodologies and study of risk management to teach the students how to prevent investment losses.
BSc Actuarial Sciences Course Highlights
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Course Name |
BSc Actuarial Sciences |
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Course Level |
Graduation |
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Course Type |
Degree Programme |
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Course Stream |
Science |
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Course Duration |
3 Years |
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Minimum Qualification Required |
10+2 |
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Selection Process |
Admission Through Entrance Exam |
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Course Fee |
INR 50,000 – INR 3 Lakh |
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Job Types |
Financial Analysts, Risk Managers, Auditors, Cost Estimators, Budget Analysts, Economists, etc. |
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Salary |
INR 2.5 LPA – INR 15 LPA |
Why choose the BSc Actuarial Science course?
The candidates can check the reasons why one should choose the BSc Actuarial Science course given below.
- Candidates will have proficiency in solving investment issues and also in taking high level business decisions.
- Candidates will have knowledge about stats, mathematical methods to assess finance and other financial related issues in BSc Actuarial Science course.
- Candidates can learn core mathematical skills in the BSc Actuarial Science course. It is very important to find out the solution related to problems faced by government and commercial industries and insurance. It can be easily solved if a candidate pursues a BSc Actuarial Science course.
- The actuaries can easily predict the interest rate in the stock market which is also very beneficial. In the banking sector, actuaries play a very important role.
- The workload is very decent. The employees live a stress free life and jobs are easily available. BSc Actuarial Science is a career oriented course.
- There are several job profiles after pursuing BSc Actuarial Science course such as Budget Analysts, Financial Analysts, Risk Managers, Auditors, Economists, Cost Estimators, etc.
- The salary starts from 3 Lakhs per annum which is a good figure for the job starters.
- The employments areas for BSc Actuarial Science graduates are Banking Sectors, Consulting Firms, Investment Sectors, Stock Exchanges, LICs, Actuarial Sciences, etc.
BSc Actuarial Sciences Eligibility Criteria
In order to get admission or apply for BSc Actuarial Sciences, candidates must meet the following eligibility criteria.
- Candidates must have completed Class 12 or equivalent level of education from a recognised Indian Board.
- The minimum percentage required may vary but candidates must have scored at least 70 per cent marks in aggregate in the compulsory subjects.
- Candidates must have studied Mathematics or Statistics or any relevant subject as one of the compulsory subjects in Class 12.
Admission Process for BSc Actuarial Sciences
The candidates can check the admission process of BSc Actuarial Science course given below.
- The admission to BSc Actuarial Science course is done on the basis of an entrance exam.
- Some institutes conduct their own entrance exam whereas some participate in the national-level entrance exams.
- One of the top entrance exams for the course is Actuarial Science Entrance Exam conducted by Institute of Actuaries of India.