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 Personal Interview

  • Program Fee (Rs. in Lacs)
  • 1st Year Non Sponsored Semester 0.89
  • 1st Year Sponsored Semester Fee 1.335
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Course Structure

  • 1st Year
  • 2nd Year

Semester – 1

    Core Courses
  • Accounting for Actuarial Science
  • Actuarial Application (MS Excel & VBA)
  • Financial Models and Annuity
  • Investment Mathematics
  • Mathematical Statistics and Application
  • Statistical Methods and Probability Distributions
    Employability & Skill Enhancement Courses
  • Managerial Economics
    Common Curriculum Courses
  • Professional & Business Communication
  • Foreign Business Language - I (Arabic/Chinese/French/German/Japanese/Russian/Sanskrit/Spanish)

Semester – 2

    Core Courses
  • Business Research Methods
  • Life Models
  • Profit Testing and Joint Life Valuations
  • Statistical Risk Models
    Specialisation Elective Courses (Upto Two)
  • Actuarial Financial Reporting
  • Population Studies
  • R Studio and Python for Machine Learning
    Common Curriculum Courses
  • Cognitive Analytics & Social Skills for Professional Development
  • Foreign Business Language - II (Arabic/Chinese/French/German/Japanese/Russian/Sanskrit/Spanish)
  • Universal Human Values

Semester – 3

    Core Courses
  • Actuarial Applications (MS Access and SQL)
  • Stochastic Processes
    Specialisation Elective Courses (Upto Three)
  • Asset Liability Models and Financial Security
  • Insurance Products & Pricing
  • Portfolio Theory and Investment Analysis
  • Reinsurance Management
    Common Curriculum Courses
  • Foreign Business Language - III (Arabic/Chinese/French/German/Japanese/Russian/Sanskrit/Spanish)
  • Professional Ethics and Social Responsibility for Sustainability
    Non-Teaching Credit Courses
  • Summer Internship

Semester – 4

    Core Courses
  • Business Analytics in Actuarial Science
  • Investment and Asset Management
    Non-Teaching Credit Courses
  • Dissertation
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