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ACTUARIAL SCIENCE Courses In India

ACTUARIAL SCIENCE Courses In India

 

The Actuary’s Role

 

Actuaries provide professional services in a wide range of business and social contexts.

 

* Investment and Financial Services

* Life Insurance

* Health Insurance

* General Insurance

* Employee Retirement and Benefit Plans

 

Criteria :

 

A person is eligible to be considered for admission as student member if he / she satisfies the following conditions .

 

1. Should have completed 18 years of age

2. Should have attained anyone of the following Educational Standards

a. Passed 10+2 (H.S.C) or equivalent with at least 85% in Mathematics / Statistics

b. Graduate or Post Graduate in Maths/Stats/Econometrics

c. Any Engineer / CA / CS / MBA (Finance) / MCA

d. Any member of Society of UK / US / Australia

e. Fully qualified members of following Professional bodies such as

i. The Institute Of Chartered Accountants of India(ICAI)

ii. The Institute of Cost and Works Accountant of India (ICWAI)

iii. The Institute of Financial Analyst of India(IFAI)

iv. The Insurance Institute of India (III) passing with subjects 81- mathematical Basis of Insurance and 82- Statistics

f. A students of following actuarial bodies provided atleast one subject has been passed from these bodies

i. Society of Actuaries , USA

3 . An application should be recommended by a member of professional body like such as Institute Of Chartered Accountant of India, Institute of Cost & Works Accountant of India and Institute Of Company Secretary of India

 

Examination :

 

The study course of ASI is divided into four stages :

Core Technical Stage : This consists of 8 subjects each with one paper of 100 marks ( CT1 to CT8) and all are compulsory

Core Application Stage : This consists of 2 compulsoy subjects ( CA 1 to CA3) , CA1 consists of two papers 9 CA 1 and CA 1 2) whereas CA2 and CA3 shall have one paper each

Specialist Technical Stage : This stage consists of 6 papers ( ST1 to ST6) and the students would required to choose any two

Specialist Application Stage : This again shall consist of 6 papers (SA1 to SA6) and the student hasto clear anyone.

For an aspiring student, a high level of mathematics is extremely good.

 

Important Websites :

 

Actuarial Society Of India –

www.actuariesindia.org

Institute of Actuaries – London –

www.actuaries.org.uk

Institute Of Actuaries – Australia –

www.actuaries.asn.au

Society Of Actuaries, USA –

www.beanactuary.net

Insurance Regulatory And Development Authority – Hyderabad –

www.irdaindia.org

 

List of Institutions In India

 

1. Bishop Herber College, Trichy, Tamil nadu – 620 017 Website : www.bhc.ac.in

2. Ernakulam Insurance Institute, C/O LIC Of India Divisional Office, Jeevan Prakash, M.G.Road, Ernakulam – 682 011

3. The National Insurance Academy, Balewadi Bancer Road, Pune.

4. College Of Insurance, Greeshnan Assurance Building, Sir PM Road, Fort Mumbai – 400 001

5. Insurance Training Centre , 25 Baranshi Glash Street, Calcutta – 700 007

6. College Of Vocational Studies, Delhi University , Triveni (Sheikh Sarai) Delhi – 110 017

7. Directorate of Distance Education, Alagappa University, Karikudy, Tamil Nadu 630 003

8. Tolami Institute Of Management Studies, P.B.No.11 Adupur, Gujarat – 370 205

9. Kalyani University, Kalyani Nadia Dist West Bengal – 741 235

 

ACTUARIAL SCIENCE Courses In India

 Sussex India Scholarships 2019

01
Aug
 

Sussex India Scholarships For Indian Students

To be eligible for this scholarship, you must:

* be an Indian national
* be classified as overseas for fee purposes
* be a self-financing student
* have accepted an offer to study an eligible Masters course at Sussex.

Last date : 01.08.2019

 Santoor Scholarship Program

15
Aug
 

Santoor Scholarship Program 2019
Application window opens on July 15th, 2019 and closes on August 15th, 2019

 JSPN Educational Scholarships 2019-2020

30
Aug
 

JSPN Educational Scholarships From Jaya Satya Pramoda Nidhi
Online Submission – Start date : 06-June-2019
Online Submission – closure date : 30-August-2019
Receive printed copy – Last Date : 05-Sept-2019

 Nilam Patel Bahushrut Foundation Scholarships

31
Aug
 

Scholarship Provider: Nilam Patel Bahushrut Foundation

Eligibility : Hearing Impaired Students

Scholarships For : 1. For SSC students 2. For HSC, Graduate & Post Graduate students 3. For Study abroad in a Degree Program

Scholarships Applicable States : Maharashtra and Gujarat Only

Last Date For Application : 31st July 2019 & 31st August 2019

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