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 English Language TestSubject Based ...

  • Program Fee (Rs. in Lacs)
  • 1st Year Non Sponsored Semester 0.80
  • 1st Year Sponsored Semester Fee 1.20
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Course Structure

1st Year

Semester 1

  • Accounting for Actuarial Science [Core Courses]
  • Actuarial Application with MS Excel & VBA [Core Courses]
  • Cash-flow Models and Annuity [Core Courses]
  • Investment Mathematics [Core Courses]
  • Managerial Economics [Core Courses]
  • Mathematical Statistics and Application [Core Courses]
  • Principles of Insurance and Regulation [Core Courses]
  • Statistical Methods and Probability Distributions [Core Courses]
  • Optimization Techniques and Applications [Allied Courses]
  • Advanced Communication [Communication Skills]
  • Self Development and Interpersonal Skills [Behavioural Science]
  • Foreign Business Language
  • Open Elective Courses
  • Outdoor Activity Based Courses

Semester 2

  • Actuarial Financial Reporting [Specialisation Elective Courses]
  • Analysis by SPSS & R [Specialisation Elective Courses]
  • Population Studies [Specialisation Elective Courses]
  • Stochastic Processes [Specialisation Elective Courses]
  • Applied Statistical Inference [Core Courses]
  • Asset Liability Models and Financial Security [Core Courses]
  • Business Research Methods [Core Courses]
  • Life Models [Core Courses]
  • Statistical Methods for General Insurance [Core Courses]
  • Statistical Risk Models [Core Courses]
  • Communication for Employment [Communication Skills]
  • Conflict Resolution and Management [Behavioural Science]
  • Foreign Business Language
  • Open Elective Courses
  • Outdoor Activity Based Courses

2nd Year

Semester 3

  • Actuarial Rate Making [Specialisation Elective Courses]
  • Insurance Products & Pricing [Specialisation Elective Courses]
  • Portfolio Theory and Investment Analysis [Specialisation Elective Courses]
  • Theory of Econometrics [Specialisation Elective Courses]
  • Independent Study and Research [Non Teaching Credit Courses]
  • Actuarial Applications with MS Access & SQL [Core Courses]
  • Assurance and Annuity Contracts [Core Courses]
  • Health Insurance [Core Courses]
  • Profit Testing and Pension Funds [Core Courses]
  • Country Report [SAP Courses (Optional)]
  • Entrepreneurship Development and Venture Creation – A Global Perspective [SAP Courses (Optional)]
  • Strategic Information Technology Management & Solutions [SAP Courses (Optional)]
  • Professional Communication Skills [Communication Skills]
  • Professional Competencies and Career Development [Behavioural Science]
  • Foreign Business Language
  • Open Elective Courses
  • Outdoor Activity Based Courses

Semester 4

  • Dissertation [Non Teaching Credit Courses]
  • Foreign Business Language
  • Open Elective Courses
  • Outdoor Activity Based Courses