MBA in Actuarial Science Course
Know about MBA in Actuarial Science Course, Actuarial Science Eligibility, Career Options After Actuarial Science, Employment Area, Top Recruiting Companies, Actuarial Science Salary
Admission EnquiryKnow about MBA in Actuarial Science Course, Actuarial Science Eligibility, Career Options After Actuarial Science, Employment Area, Top Recruiting Companies, Actuarial Science Salary
Admission EnquiryCourse Level | Masters |
Examination Type | Semester-Wise |
Eligibility | Graduation in Mathematical Sciences, Computer Science, Engineering, Physics, or Commerce with a minimum of 55% marks. |
Duration | 2 years |
Average Tuition Fees | INR 10,000-2 Lakhs |
Average Salary | INR 8-15 Lakhs |
Job Profiles | Actuarial Analysts, Risk Analysts, Business Analysts, etc. |
MBA with a specialization in Actuarial Science is a master’s degree course that is offered at a university level in India. It generally requires two years to complete when done on the regular basis. The course can also be done through distance learning.
The primary objective of this course is to train students with mathematical, statistical, financial and economic skills.
MBA (Actuarial Science) provides students the proper guidance of applying the right techniques and methodologies (mathematical/ statistical) for calculating or assessing risks in finance and insurance. It enhances their critical thinking and improves their problem-solving ability. It also provides them the skills of risk management.
Semester-I | Semester-II |
---|---|
Investment Mathematics | Research Methods |
Financial Analysis & Management | Statistical Risk Models |
Financial Models | Probability Distributions |
Managerial Economics | Statistical Methods |
Macroeconomics | Life Models |
Business Communication | Corporate Finance |
Semester-III | Semester-IV |
Actuarial Applications | Dissertation |
Risk Management | Business Ethics |
Insurance Products | Professional Communication |
Professional Communication | Actuarial Application |
Human Resource Management | - |
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Master of Business Administration [MBA] (Actuarial Science) | Entry Level Salary (LPA) | Medium Salary (LPA) | Maximum Salary (LPA) |
---|---|---|---|
Data Analyst | 3.7 | 5.5 | 10 |
Actuarial Consultant | 9 | 13 | 20 |
Insurance Analyst | 3.7 | 5.5 | 10 |
Financial Analyst | 1.5 | 3.2 | 11 |
Ans. Delhi University Arts, AIMS Test for Management Admissions, Himachal Pradesh Common Entrance Test, Indian Maritime University Common Entrance Test), Delhi University Science is some of the exams that you can appear for to get admission in MBA - Actuarial Science courses.
Ans. Following are some of the top colleges offering Management courses: Indian Institute of Management (Kolkata) , Indian Institute of Management (Bangalore), S.P. Jain Institute of Management and Research (Mumbai) , Department of Management Studies - IITR (Roorkee), Vinod Gupta School of Management - IIT KGP (Kharagpur). You can explore these colleges on our website to check if they offer MBA - Actuarial Science or not.
Ans. The average fee for MBA - Actuarial Science is INR 5,00,000 per year.
Ans. Some of the popular specializations for M.B.A. (Master of Business Administration) are Rural Development, Disaster Management, Information & Data Management, Public Policy Management, Hotel, and Catering Management.
Ans. MBA - Actuarial Science is a 2-year course.
College/University | Location | Avg. Fees Per Year | Admission Open |
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