M.Sc (Actuarial Science)

Program Code 10017

Campus Noida

Institute Amity School Of Insurance, Banking & Actuarial Science

University Amity University Uttar Pradesh

Eligibility Non Sponsored (NS) Category - ...

Duration 2 Years

Selection Process Personal Interview

  • Program Fee (Rs. in Lacs)
  • 1st Year Non Sponsored Semester 0.85
  • 1st Year Sponsored Semester Fee 1.275
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Course Structure

1st Year

Semester 1

  • Managerial Economics [Employability & Skill Enhancement Courses]
  • Accounting for Actuarial Science [Core Courses]
  • Actuarial Application (MS Excel & VBA) [Core Courses]
  • Financial Models and Annuity [Core Courses]
  • Investment Mathematics [Core Courses]
  • Mathematical Statistics and Application [Core Courses]
  • Statistical Methods and Probability Distributions [Core Courses]
  • Country Report - I [SAP Courses (Optional)]
  • International Management Practices [SAP Courses (Optional)]
  • Strategy, Innovation & Entrepreneurial Development [SAP Courses (Optional)]
  • Elementary Arabic - I [Common Curriculum Courses]
  • Elementary Chinese - I [Common Curriculum Courses]
  • Elementary French-I [Common Curriculum Courses]
  • Elementary German-I [Common Curriculum Courses]
  • Elementary Japanese-I [Common Curriculum Courses]
  • Elementary Russian - I [Common Curriculum Courses]
  • Elementary Sanskrit - I [Common Curriculum Courses]
  • Elementary Spanish -I [Common Curriculum Courses]
  • Professional & Business Communication [Common Curriculum Courses]
  • Social Responsibility & Community Engagement [Common Curriculum Courses]
  • Universal Human Values [Common Curriculum Courses]
  • Foreign Business Language
  • Open Elective Courses
  • Outdoor Activity Based Courses

Semester 2

  • Actuarial Financial Reporting [Specialisation Elective Courses]
  • Population Studies [Specialisation Elective Courses]
  • R Studio and Python for Machine Learning [Specialisation Elective Courses]
  • Actuarial Rate Making [Core Courses]
  • Business Research Methods [Core Courses]
  • Life Models [Core Courses]
  • Profit Testing and Joint Life Valuations [Core Courses]
  • Statistical Methods for General Insurance [Core Courses]
  • Statistical Risk Models [Core Courses]
  • Cognitive Analytics & Social Skills for Professional Development [Behavioural Science]
  • Foreign Business Language
  • Open Elective Courses
  • Outdoor Activity Based Courses

2nd Year

Semester 3

  • Summer Internship [Supervised Independent Learning/ Non-Teaching Credit Courses]
  • AI Tools and Applications [Specialisation Elective Courses]
  • Asset Liability Models and Financial Security [Specialisation Elective Courses]
  • Portfolio Theory and Investment Analysis [Specialisation Elective Courses]
  • Reinsurance Management [Specialisation Elective Courses]
  • Actuarial Applications (MS Access and SQL) [Core Courses]
  • Health Insurance [Core Courses]
  • Stochastic Processes [Core Courses]
  • Country Report – III [SAP Courses (Optional)]
  • Globalization & Changing Business Environment [SAP Courses (Optional)]
  • Research Methods and Professional Writing in Global Environment [SAP Courses (Optional)]
  • Professional Ethics and Social Responsibility for Sustainability [Professional Ethics]
  • Foreign Business Language
  • Open Elective Courses
  • Outdoor Activity Based Courses

Semester 4

  • Dissertation [Supervised Independent Learning/ Non-Teaching Credit Courses]
  • Foreign Business Language
  • Open Elective Courses
  • Outdoor Activity Based Courses