B.Sc. (Actuarial Science)

Program Code 10831

Campus Noida

Institute Amity School Of Insurance, Banking & Actuarial Science

University Amity University Uttar Pradesh

Eligibility 60% in 10+2 with 60% in ...

Duration 3 Years

Selection Process Personal Interview

  • Program Fee (Rs. in Lacs)
  • 1st Year Non Sponsored Semester 0.65
  • 1st Year Sponsored Semester Fee 0.975
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Course Structure

1st Year

Semester 1

  • Introduction to Principles & Practices of Life Insurance [Discipline II (Major II) / Minor Stream (Insurance ) ]
  • Actuarial Economics I [Discipline I (Major I) / Major (Core) (Actuarial Science ) ]
  • Fundamentals of Environmental Studies [Co-curricular Courses]
  • Communication Skills - I [Communication Skills]
  • Foreign Business Language
  • Open Elective Courses
  • Outdoor Activity Based Courses

Semester 2

  • Introduction to Principles & Practices of General Insurance [Discipline II (Major II) / Minor Stream (Insurance ) ]
  • Actuarial Economics II [Discipline I (Major I) / Major (Core) (Actuarial Science ) ]
  • Analytical ability and digital Awareness [Co-curricular Courses]
  • Communication Skills - II [Communication Skills]
  • Foreign Business Language
  • Open Elective Courses
  • Outdoor Activity Based Courses

2nd Year

Semester 3

  • Microfinance for Executives [Vocational Courses /SKE courses/Industry Specific Courses]
  • Term Paper [Supervised Independent Learning/ Non-Teaching Credit Courses]
  • Foundation of Regulation of Insurance Business [Discipline II (Major II) / Minor Stream (Insurance ) ]
  • Introduction to Motor Insurance [Discipline II (Major II) / Minor Stream (Insurance ) ]
  • Introduction to Risk Management [Discipline II (Major II) / Minor Stream (Insurance ) ]
  • Probability & Mathematical Statistics [Discipline I (Major I) / Major (Core) (Actuarial Science ) ]
  • Introduction to Entrepreneurship [Co-curricular Courses]
  • Individual Excellence & Social Dynamics [Behavioural Science]
  • Foreign Business Language
  • Open Elective Courses
  • Outdoor Activity Based Courses

Semester 4

  • Excel Skills for Actuaries [Vocational Courses /SKE courses/Industry Specific Courses]
  • Fire Insurance [Discipline II (Major II) / Minor Stream (Insurance ) ]
  • Introduction to Health Insurance [Discipline II (Major II) / Minor Stream (Insurance ) ]
  • Practice of Group Insurance and Retirement Benefit Schemes [Discipline II (Major II) / Minor Stream (Insurance ) ]
  • Programming Skills using R & Python [Discipline I (Major I) / Major (Core) (Actuarial Science ) ]
  • Statistical Techniques & Research Methods [Discipline I (Major I) / Major (Core) (Actuarial Science ) ]
  • Mindful Communication [Co-curricular Courses]
  • Creativity for Team Excellence [Behavioural Science]
  • Foreign Business Language
  • Open Elective Courses
  • Outdoor Activity Based Courses

3rd Year

Semester 5

  • Summer Internship [Supervised Independent Learning/ Non-Teaching Credit Courses]
  • Foundation of Actuarial Mathematics [Specialization Elective Courses/Discipline I/ Specialization Major (Core)]
  • Macro Creation with VBA Programming & Microsoft BI [Specialization Elective Courses/Discipline I/ Specialization Major (Core)]
  • Engineering Insurance [Discipline II (Major II) / Minor Stream (Insurance ) ]
  • Introduction of Cargo Insurance [Discipline II (Major II) / Minor Stream (Insurance ) ]
  • Financial Statements Analysis [Discipline I (Major I) / Major (Core) (Actuarial Science ) ]
  • Professional Ethics and Social Responsibility [Professional Ethics]
  • Foreign Business Language
  • Open Elective Courses
  • Outdoor Activity Based Courses

Semester 6

  • Database System Technology using SQL [Specialization Elective Courses/Discipline I/ Specialization Major (Core)]
  • Life Contingencies [Specialization Elective Courses/Discipline I/ Specialization Major (Core)]
  • Basics of Reinsurance [Discipline II (Major II) / Minor Stream (Insurance ) ]
  • Fundamental of Life Insurance Underwriting [Discipline II (Major II) / Minor Stream (Insurance ) ]
  • Principles of Finance [Discipline I (Major I) / Major (Core) (Actuarial Science ) ]
  • Statistical Risk Modeling [Discipline I (Major I) / Major (Core) (Actuarial Science ) ]
  • Foreign Business Language
  • Open Elective Courses
  • Outdoor Activity Based Courses