M.Sc (Actuarial Science)

Post Graduate Programmes

APPLY NOW 2018 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 have ability to acquire & evaluate new knowledge through Business research methods, have ability to identify, define, investigate, and solve critical business issues, analyse data/information and interpret results for driving optimum solutions.
  • Student is able to explore, analyse and appraise use of digital literacy in capturing information from various sources in Actuarial Science.
  • Student is able to apply problem solving techniques to choose and identify solutions suitable in the insurance, banking and actuarial science.
  • Student is able to respond proactively in verbal, non-verbal and written communication with listening and negotiation skills.
  • Student is able to develop and demonstrate effective leadership qualities and interpersonal skills as an inspiring leader.
  • Student is able to demonstrate skills to work in international environments in the global context in insurance, banking and actuarial science.
  • 8. Student is able to demonstrate, truth, honesty, integrity, fairness and empathy in professional and private life. Programme Learning Outcomes
  • Student shall be able to define, summarize concepts in actuarial science and apply it in multi-disciplinary context, and be able to describe & critically analyse problems in volatile business environment.
  • 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

Course Structure

  • 1st Year

Semester 1

Course Title Course Type Credit L T PS SW Total Credits Syllabus
Optimization Techniques and Applications (PG) Allied Courses 3 1 0 0 4.00 View
Investment Mathematics (PG) Core Courses 2 0 0 0 2.00 View
Cash-flow Models and Annuity (PG) Core Courses 2 0 0 0 2.00 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
Managerial Economics (PG) Core Courses 3 0 0 0 3.00 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 with MS Excel & VBA (PG) Core Courses 1 0 2 0 2.00 View

Semester 2

Course Title Course Type Credit L T PS SW Total Credits Syllabus
Statistical Risk Models (PG) Core Courses 3 0 0 0 3.00 View
Statistical Methods for General Insurance (PG) Core Courses 3 0 0 0 3.00 View
Life Models (PG) Core Courses 3 0 0 0 3.00 View
Applied Statistical Inference (PG) Core Courses 3 0 0 0 3.00 View
Business Research Methods (PG) Core Courses 3 0 0 0 3.00 View
Asset Liability Models and Financial Security (PG) Core Courses 3 0 0 0 3.00 View
Actuarial Financial Reporting (PG) Specialisation Elective Courses 2 0 0 0 2.00 View
Stochastic Processes (PG) Specialisation Elective Courses 3 0 0 0 3.00 View
Population Studies (PG) Specialisation Elective Courses 3 0 0 0 3.00 View
Analysis by SPSS & R (PG) Specialisation Elective Courses 1 0 2 0 2.00 View