B.Sc. (Actuarial Science) (Honours/Honours with Research)

Program Code 101603

Campus Noida

Institute Amity School Of Insurance, Banking & Actuarial Science

University Amity University Uttar Pradesh

Eligibility Class XII (agg. 60%) with Maths (min. ...

Duration 4 Years

Selection Process Personal Interview

  • Program Fee (Rs. in Lacs)
  • 1st Year Non Sponsored Semester 0.69
  • 1st Year Sponsored Semester Fee 1.035
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Course Structure

  • 1st Year
  • 2nd Year
  • 3rd Year
  • 4th Year

Semester – 1

    Major – Requirement
  • Actuarial Economics I
  • Fundamentals of Finance
  • Probability & Mathematical Statistics
    Common Curriculum Courses
  • Communication Skills - I
  • Introduction to Environmental Studies

Semester – 2

    Major – Requirement
  • Actuarial Economics - II
  • Excel Skills for Actuaries
  • Statistical Techniques & Research Methods
    Common Curriculum Courses
  • Communication Skills - II
  • Foreign Business Language - I (Arabic/Chinese/French/German/Japanese/Russian/Sanskrit/Spanish)
    Unrestricted Electives
  • Unrestricted Electives - I

Semester – 3

    Major – Requirement
  • Foundation of Actuarial Mathematics
  • Life Contingencies
  • Financial Statement Analysis
    Common Curriculum Courses
  • Individual Excellence & Social Dynamics
  • Foreign Business Language - II (Arabic/Chinese/French/German/Japanese/Russian/Sanskrit/Spanish)
  • Human Values and Community Outreach
    Unrestricted Electives
  • Unrestricted Electives - II

Semester – 4

    Major – Requirement
  • Programming Skills using R & Python
    Common Curriculum Courses
  • Creativity for Team Excellence
  • Foreign Business Language - III (Arabic/Chinese/French/German/Japanese/Russian/Sanskrit/Spanish)
  • General Aptitude Reasoning Ability
  • Professional Ethics and Social Responsibility
    Unrestricted Electives
  • Unrestricted Electives - III
  • Unrestricted Electives - IV

Semester – 5

    Major - Electives (Any One)
  • Option Valuation & Credit Risk Management
  • Survival Modelling
    Common Curriculum Courses
  • Foreign Business Language - IV (Arabic/Chinese/French/German/Japanese/Russian/Sanskrit/Spanish)
  • Basics of Artificial Intelligence / AI Tools and Applications
    Non-Teaching Credit Courses
  • Summer Internship
    Unrestricted Electives
  • Unrestricted Electives - V
  • Unrestricted Electives - VI
    Career Aspirations based Courses (Mandatory Courses)
  • Career Aspirations based Courses - I

Semester – 6

    Major - Electives (Any Four)
  • Fundamental of Life Insurance Underwriting
  • Macro Creation with VBA Programming & Microsoft BI
  • Principles of Actuarial Modeling
  • Statistical Risk Modeling
  • Hypothesis Testing & Inference
    Unrestricted Electives
  • Unrestricted Electives - VII
    Career Aspirations based Courses (Mandatory Courses)
  • Career Aspirations based Courses - II

Semester – 7

    Major - Electives (Any Three)
  • Basic Principles of Actuarial Modeling-I
  • Cyber Risk Insurance
  • Introduction to Big Data & Cloud Technology
  • Investment Risk & Portfolio Management
  • Pension Funds and Social Security
    Non-Teaching Credit Courses
  • Summer Project
    Unrestricted Electives
  • Unrestricted Electives - VIII
  • Unrestricted Electives - IX
    Career Aspirations based Courses (Mandatory Courses)
  • Career Aspirations based Courses - III

Semester – 8

    Major - Electives (Upto Three)
  • Basic Principles of Actuarial Modeling-II
  • Database System Technology using SQL
  • Life Contingency Mathematics
  • Introduction to Big Data & Cloud Technology
    Non-Teaching Credit Courses
  • Major Project / Dissertation