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 0.69
  • 1st Year Sponsored Semester Fee 1.035
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Course Structure

1st Year

Semester 1

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

  • Term Paper [Supervised Independent Learning/ Non-Teaching Credit Courses]
  • Probability & Mathematical Statistics [Major – Requirement]
  • Programming Skills using R & Python [Major – Requirement]
  • Statistical Techniques & Research Methods [Major – Requirement]
  • Country Report – II [SAP Courses (Optional)]
  • Innovation & Strategy [SAP Courses (Optional)]
  • INTRODUCTION TO MANAGING CULTURES [SAP Courses (Optional)]
  • Individual Excellence & Social Dynamics [Common Curriculum Courses]
  • Introduction to Environmental Studies [Common Curriculum Courses]
  • Written Expression & Comprehension in Arabic- I [Common Curriculum Courses]
  • Written Expression & Comprehension in Chinese- I [Common Curriculum Courses]
  • Written Expression & Comprehension in French-I [Common Curriculum Courses]
  • Written Expression & Comprehension in German - I [Common Curriculum Courses]
  • Written Expression & Comprehension in Japanese- I [Common Curriculum Courses]
  • Written Expression & Comprehension in Russian- I [Common Curriculum Courses]
  • Written Expression & Comprehension in Sanskrit- I [Common Curriculum Courses]
  • Written Expression & Comprehension in Spanish - I [Common Curriculum Courses]
  • Individual Excellence & Social Dynamics [Behavioural Science]
  • Foreign Business Language
  • Open Elective Courses
  • Outdoor Activity Based Courses

Semester 4

  • Basics of Digital Banking [Unrestricted Electives (Same Discipline)]
  • Foundation of Regulation of Insurance Business [Unrestricted Electives (Same Discipline)]
  • Excel Skills for Actuaries [Major – Requirement]
  • Country Report – III [SAP Courses (Optional)]
  • Creating Global New Ventures [SAP Courses (Optional)]
  • New Leadership in Cross cultural context [SAP Courses (Optional)]
  • Communicative Arabic – I [Common Curriculum Courses]
  • Communicative Chinese – I [Common Curriculum Courses]
  • Communicative German – I [Common Curriculum Courses]
  • Communicative Japanese – I [Common Curriculum Courses]
  • Communicative Russian – I [Common Curriculum Courses]
  • Communicative Sanskrit – I [Common Curriculum Courses]
  • Communicative Spanish – I [Common Curriculum Courses]
  • Creativity for Team Excellence [Common Curriculum Courses]
  • French Through Communicative Approach [Common Curriculum Courses]
  • General Aptitude Reasoning Ability (GARA) [Common Curriculum Courses]
  • Human Values and Community Outreach [Common Curriculum Courses]
  • Professional Ethics and Social Responsibility [Common Curriculum 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 ) ]
  • Country Report – IV [SAP Courses (Optional)]
  • Strategizing using Innovation [SAP Courses (Optional)]
  • Understanding Principles & Practices of Commercial Research [SAP Courses (Optional)]
  • 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)]
  • Financial Planning Applications [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 ) ]
  • Life Contingencies [Discipline I (Major I) / Major (Core) (Actuarial Science ) ]
  • Statistical Risk Modeling [Discipline I (Major I) / Major (Core) (Actuarial Science ) ]
  • Country Report – V [SAP Courses (Optional)]
  • Fundamentals of Research Methods in Global Environment [SAP Courses (Optional)]
  • Leadership in Global Environment [SAP Courses (Optional)]
  • Foreign Business Language
  • Open Elective Courses
  • Outdoor Activity Based Courses