M.Sc (Actuarial Science)

Post Graduate Programmes

APPLY NOW 2022 Admissions

Program Code 10017

Course Overview

  • Campus
  • Noida
  • Institute
  • Amity School Of Insurance, Banking & Actuarial Science
  • University
  • Amity University Uttar Pradesh
  • Program Code
  • 10017
  • Eligibility
  • Non Sponsored (NS) Category - Graduation (min 55%) & 10+2 with min 60% in Maths Or min. 55% in Graduation and Student Member of Institute of Actuaries, India/UK. 

    Sponsored (S) Category - Graduation (min 55%) & 10+2 with min 55% in Maths Or min. 55% in Graduation and Student Member of Institute of Actuaries, India/UK. 

  • Duration
  • 2 years
  • 1st Year Non Sponsored Semester Fee (Rs. in Lacs)
  • 0.80
  • 1st Year Sponsored Semester Fee (Rs. in Lacs)
  • 1.20
 
  • Fee Structure
  • Program Educational Objectives
  • Program Learning Outcomes
1st Year Non Sponsored Semester Fee (Rs. in Lacs) : 0.80
1st Year Sponsored Semester Fee (Rs. in Lacs) : 1.20
  • Student shall be able to define the concepts of actuarial science and apply it in multi-disciplinary context.
  • Student shall have the ability to acquire knowledge of various Actuarial methods and its Applications in Life, General, Health and Finance Sectors.
  • Student shall be able to explore the use of technology in capturing information from various sources for research in Actuarial field.
  • Student shall be able to implement suitable techniques for solving problems related to various aspects of Actuarial Practices with IT Applications such as R Studio, Python, VBA, Visualization Tools, SQL and Advanced Excel.
  • Student shall be able to respond proactively in verbal, non-verbal and written communication including good listening and negotiation skills.
  • Student shall be able to develop and demonstrate effective leadership qualities and interpersonal skills.
  • Student shall be able to demonstrate skills to work in international environments.
  • Student shall be able to demonstrate truth, honesty, integrity, fairness and empathy in professional and private life.
  • Student shall be able to develop and learn more practical and theoretical applications by Self Work learning.
  • Student shall be able to define the concepts of actuarial science and apply it in multi-disciplinary context.
  • Student shall have the ability to acquire knowledge of various Actuarial methods and its Applications in Life, General, Health and Finance Sectors.
  • Student shall be able to demonstrate the concepts and principles of different insurance like Life, Non-Life, Health and Reinsurance.
  • Student shall be able to explore the use of technology in capturing information from various sources for research in Actuarial field.
  • Student shall be able to implement suitable techniques for solving problems related to various aspects of Actuarial Practices with IT Applications such as R Studio, Python, VBA, Visualization Tools, SQL and Advanced Excel.
  • Student shall be able to respond proactively in verbal, non-verbal and written communication including good listening and negotiation skills.
  • Student shall be able to develop and demonstrate effective leadership qualities and interpersonal skills.
  • Student shall be able to demonstrate skills to work in international environments.
  • Student shall be able to demonstrate truth, honesty, integrity, fairness and empathy in professional and private life.
  • Student shall be able to develop and learn more practical and theoretical applications by Self Work learning.
  • To be intellectually curious, open to new ideas in the area of Actuarial Science and able to sustain intellectual interest. To understand the linkage of Actuarial Science Strategy , activities, programs and policies
  • 2. Able to acquire and evaluate knowledge in Actuarial Science Discipline through independent research. Able to identify the cause-effect variables in defining work related behaviours. Able to interpret findings and provide solutions to increase employee performance and productivity.
  • 3. Recognize pertinent information needs, use appropriate technologies and methodologies to locate access and use information.
  • 4. Respond effectively to unfamiliar problems in unfamiliar Business contexts. Being initiative and acting resilient in meeting challenging business discussions, able to encourage participatory decision making.
  • 5. Possess a high standard of oral, visual and written communication skills, demonstrate skills in drafting letters/ emails, be polite and sensible in listening to others.
  • 6. Demonstrate confidence in work, imitativeness , be reliable, enthusiastic, pro-active and a team player.
  • 7. Able to work effectively in diverse communities. Evaluate Cultural diversity to benefit business growth. Formulate multiple HR strategies for diverse employee groups.
  • 8. To Strive for justice, equality, honesty, and integrity in all personal and professional pursuits. Able to understand how businesses and professionals work, and conduct in a manner that is socially responsible and respectful.
  • 9. Ability to innovate, plan and organize Actuarial Science Practices that contributes to productive outcomes. Demonstrate self-management skills that contribute to employee satisfaction and growth.
  • 10. To be independent learners who take responsibility for their own learning; set appropriate goals for ongoing intellectual and professional development, and evaluate their own performance effectively.
  • Ability to demonstrate leadership decision making skills
  • Demonstrate organizational and social networking skills for the benefit of the organisation
  • To be intellectually curious, open to new ideas in the area of Actuarial Science and able to sustain intellectual interest.
  • To understand the linkage of Actuarial Science concepts and involved in actuarial research for active learning.
  • Able to acquire and evaluate knowledge in Actuarial Science Discipline through independent research. Able to identify the cause-effect variables in defining work related behaviours. Able to interpret findings and provide solutions to increase employee performance and productivity.
  • Recognize pertinent information needs, use appropriate technologies and methodologies to locate access and use information.
  • Respond effectively to unfamiliar problems in unfamiliar Business contexts. Being initiative and acting resilient in meeting challenging business discussions, able to encourage participatory decision making.
  • Possess a high standard of oral, visual and written communication skills, demonstrate skills in drafting letters/ emails, be polite and sensible in listening to others.
  • Ability to demonstrate creative, innovative and reflective decision-making skills
  • Able to determine and analyse the effective and sustainable solutions for the business problems
  • Demonstrate confidence in work, imitativeness, be reliable, enthusiastic, pro-active and a team player.
  • Able to work effectively in diverse communities. Evaluate Cultural diversity to benefit business growth. Formulate multiple HR strategies for diverse employee groups.
  • To Strive for justice, equality, honesty, and integrity in all personal and professional pursuits. Able to understand how businesses and professionals work, and conduct in a manner that is socially responsible and respectful.
  • Demonstrate organizational and social networking skills for the benefit of the organisation
  • Ability to innovate, plan and organize Actuarial Science Practices that contributes to productive outcomes. Demonstrate self-management skills that contribute to employee satisfaction and growth.
  • To be independent learners who take responsibility for their own learning; set appropriate goals for ongoing intellectual and professional development, and evaluate their own performance effectively.
  • To be more empathetic and compassionate towards everyone and situations and also to develop sense of responsibility towards environment.

Course Structure

  • 1st Year

Semester 1

Course Title Course Type Credit L T PS SW Total Credits Syllabus
Managerial Economics (PG) Allied Courses 3 0 0 0 3.00 View
Investment Mathematics (PG) Core Courses 2 0 0 0 2.00 View
Financial Models and Annuity (PG) Core Courses 0 0 0 0 0.00 View
Accounting for Actuarial Science (PG) Core Courses 3 0 0 0 3.00 View
Statistical Methods and Probability Distributions (PG) Core Courses 3 0 0 0 3.00 View
Assurance and Annuity Contracts (PG) Core Courses 2 0 0 0 2.00 View
Mathematical Statistics and Application (PG) Core Courses 2 0 0 0 2.00 View
Principles of Insurance and Regulation (PG) Core Courses 2 0 0 0 2.00 View
Actuarial Application (MS Excel & VBA) (PG) Core Courses 0 0 0 0 0.00 View