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 For the time being Selection Process is ...

  • 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 (MS Excel & VBA) [Core Courses]
  • Assurance and Annuity Contracts [Core Courses]
  • Financial Models and Annuity [Core Courses]
  • Investment Mathematics [Core Courses]
  • Mathematical Statistics and Application [Core Courses]
  • Principles of Insurance and Regulation [Core Courses]
  • Statistical Methods and Probability Distributions [Core Courses]
  • Managerial Economics [Allied Courses]
  • Professional & Business Communication [Communication Skills]
  • 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

  • Asset Liability Models and Financial Security [Specialisation Elective Courses]
  • Insurance Products & Pricing [Specialisation Elective Courses]
  • Portfolio Theory and Investment Analysis [Specialisation Elective Courses]
  • Reinsurance Management [Specialisation Elective Courses]
  • Independent Study and Research [Non Teaching Credit Courses]
  • Actuarial Applications (MS Access and SQL) [Core Courses]
  • Health Insurance [Core Courses]
  • Stochastic Processes [Core Courses]
  • Professional Ethics and Social Responsibility for Sustainability [Professional Ethics]
  • Foreign Business Language
  • Open Elective Courses
  • Outdoor Activity Based Courses

Semester 4

  • Dissertation [Non Teaching Credit Courses]
  • Data Analysis and Decision Making - I [MOOC (Amity On - line / NPTEL / SWAYAM / Future Learn)]
  • Foreign Business Language
  • Open Elective Courses
  • Outdoor Activity Based Courses

Two Degrees
(Chance to pursue two Academic degrees simultaneously as approved by UGC/Govt. of India)