BSc Actuarial Science Distance Education Admission 2024: BSc Actuarial Science Distance is a 3-year duration program that prepares students with analytical skills for careers in finance, insurance, and risk management. To be eligible, students must have completed Class 12 with a minimum of 50% marks, particularly in mathematics. The course covers subjects like Probability Theory, Financial Mathematics, Economics, and Risk Analysis.
The application process is online, and the application fee is approximately INR 500 to INR 1,500. Graduates can pursue jobs in insurance, risk management, and financial analysis. IMTS Institute offers an easy online admission process. Specializations in risk analysis and actuarial modeling open vast career opportunities in global finance.
BSc Actuarial Science Distance Education Important Points
- Course Full Name: Bachelor of Science in Actuarial Science Distance Education
- About: If you are looking for a career in Insurance, Finance, and other risk assessment Industries this program will teach you skills like Financial Math, Statistics, and Risk Management. This course is offered in regular mode as per UGC guidelines.Â
- Eligibility Criteria: Students must have completed 12th grade with majors in Mathematics and achieved at least 50% marks.
- Program Duration: The course is divided into 6 semesters which are completed in 3 years.Â
- Course Curriculum: The curriculum also covers Probability and Statistics, Financial Mathematics, Risk Management, Life Contingencies, Econometrics, and Insurance Models.Â
- Career Opportunities: Graduates can work as Actuaries, Risk Analysts, Financial Consultants, Underwriters, and Investment Analysts. Jobs are available in insurance companies, banks, consulting firms, and government agencies.
- Average Salary: Graduates’ salary varies from INR 2.5 LPA to INR 6 LPA.
- How to Apply: IMTS Institute provides free counseling sessions for candidates. After attending counseling, the counselor will guide the applicant through the admission process.
- Approx. Fees: The annual fees range from INR 15,000 to INR 68,000.
BSc Actuarial Science Distance Education Latest Updates
- SKU University: MBA Finance program includes subjects like Financial Management, Investment Analysis, and Corporate Finance. Approximate fee: INR 45,000 per year. Admission last date: November 16, 2024.
- William Carey University: MBA Finance course covers Financial Markets, Risk Management, and Strategic Financial Planning. Fee: INR 50,000 per year. Admission closing date: November 18, 2024.
- Mangalayatan University: MBA Finance subjects include Banking Operations, International Finance, and Portfolio Management. Annual fee: INR 55,000 per year. Admission ending date: November 19, 2024.
- Subharti University: Offers courses in Financial Analysis, Wealth Management, and Behavioral Finance. Approx fee: INR 48,000 per year. Last date of admisson: November 20, 2024.
BSc Actuarial Science Distance Education Highlights
| Course Name | BSc Actuarial Science |
| Full Form | Bachelor of Science in Actuarial Science |
| Eligibility | 10+2 with a minimum of 50% in Mathematics/Statistics |
| Duration | 3 years |
| Average Course Fees | Rs. 15,960 to Rs. 60,000 per year |
| University Name | IMTS Institute |
| Minimum Percentage Required | 50% in 10+2 |
| Study Mode | Distance Education |
| Subjects | Mathematics, Probability, Statistics, Economics, Financial Mathematics, Risk Management |
| Program Level | Undergraduate |
| Age Limit | No specific age limit |
| Job Roles | Actuary, Risk Analyst, Financial Planner, Insurance Analyst, Data Analyst |
| Average Salary Offered | INR 3,00,000 – INR 8,00,000 per annum |
What is BSc Actuarial Science With IMTS
BSc Actuarial Science Distance Education is a 3-year undergraduate program that teaches students how to analyze financial risks and make important business decisions. At IMTS Institute, this course helps students learn financial mathematics, statistics, and risk management skills through distance education. The program is designed for those who want to work in the insurance, banking, and investment sectors.
Students learn to calculate insurance risks, study market trends, and understand how to prevent financial losses. IMTS Institute makes this complex course easy to understand through well-structured study materials and expert guidance. The program follows a semester system with regular assessments to check student progress.
Why Choose BSc Actuarial Science Distance Education?
- Flexible Learning Schedule: Study at your own pace while working. Complete assignments and watch recorded lectures whenever convenient, making it perfect for working professionals.
- Lower Course Fees: IMTS offers the program at Rs. 42,000 per year, much more affordable than regular college fees that can go up to Rs. 3,00,000 annually.
- Expert Faculty Support: Get guidance from experienced teachers through online sessions. IMTS provides 24/7 academic support and free counseling to help students understand complex topics.
- Industry-Focused Curriculum: Learn practical skills needed in the job market. The course covers modern topics like financial modeling and risk analysis that employers value.
About BSc Actuarial Science Distance Education With IMTS
IMTS Institute offers this program with a focus on practical learning and career preparation. The course teaches students how to use mathematical and statistical methods to assess financial risks and make business decisions.
The program includes subjects like Financial Mathematics, Probability Theory, Economics, and Risk Management. Students learn through easy-to-understand study materials, online lectures, and regular assignments. IMTS provides personal mentoring to ensure students grasp complex concepts effectively.
Popular University Admission
- IMTS Institute: Eligibility – 50% in 12th with Mathematics. Subjects include Financial Mathematics, Risk Management, and Statistics. Fee: Rs. 42,000 per year. Apply until November 15, 2024.
- William Carey University: Requires 50% in 12th grade. Core subjects: Probability Theory, Economics, and Statistics. Fee: Rs. 46,000 annually. Last date: November 20, 2024.
- Mangalayatan University: Minimum 50% in 12th with Mathematics. Features Risk Analysis, Financial Modeling, and Economics. Fee: Rs. 40,000 per year. Direct admission is available.
BSc Actuarial Science Admission ProcessÂ
- Eligibility: Students need 50% marks in 12th with Mathematics. No age limit for admission. Perfect for both fresh graduates and working professionals.
- Application Fee: A one-time payment of Rs. 5,500 covers registration and basic study materials. IMTS offers easy installment options for fee payment.
- Free Counseling: Get expert guidance through IMTS’s free career counseling service. Counselors help choose specializations and explain career paths.
- Simple Process: No entrance exam required. Direct admission based on 12th marks and counseling session performance.
- Placement Support: IMTS provides placement assistance with connections to top insurance and banking companies. Average starting salary: Rs. 3-6 LPA.
BSc Actuarial Science Admission Eligibility Criteria
- Academic Requirements: 12th pass with Mathematics, minimum 50% aggregate marks from any recognized board.
- Stream Preference: Science stream students with Mathematics get priority in admission.
- Document Verification: Original documents checked during admission. Digital copies are accepted for initial registration.
- Language: Basic English proficiency is required for course materials and assignments.
Fee Structure
- Total Program Fee: Rs. 42,000 per year
- Application Fee: Rs. 1,000 (one-time)
- Study Material Cost: Rs. 5,000 per year
- Examination Fee: Rs. 1,000 per semester
- Additional Costs: Rs. 3,000 (for projects and assignments)
IMTS BSc Actuarial Science Counseling Process
- Free Initial Consultation: 30-minute session to understand career goals and explain course structure.
- Expert Guidance: Professional counselors help choose specializations based on your interests.
- Career Planning: Get detailed insights about job opportunities and growth prospects.
- Course Overview: Complete explanation of syllabus, study pattern, and examination system.
Suggestions for Learners
- Complete assignments regularly to earn required credits.
- Attend online doubt-clearing sessions for better understanding.
- Practice numerical problems daily – crucial for actuarial concepts.
- Join IMTS study groups for peer learning support.
- International students can access special online support sessions.
How to Apply for IMTS Institute
- Visit www.imtsinstitute.com
- Click on “Apply Now” for BSc Actuarial Science
- Fill basic details in the registration form
- Pay application fee online
- Upload required documents
- Schedule free counseling session
- Complete admission after document verification
- Pay course fee and get study materials
Documents Required
- 10th Mark Sheet (original and photocopy)
- 12th Mark Sheet (original and photocopy)
- Transfer Certificate
- Four passport-size photographs
- ID proof (Aadhar Card/Passport)
- Address proof
- Migration Certificate (if applicable)
BSc Actuarial Science Course Structure and Curriculum
Semester 1
| Subject Code | Subject Name | Credits |
|---|---|---|
| ACS101 | Financial Mathematics I | 4 |
| ACS102 | Probability Theory | 4 |
| ACS103 | Economics Fundamentals | 3 |
| ACS104 | Business Statistics | 4 |
| ACS105 | Professional English | 2 |
Semester 2
| Subject Code | Subject Name | Credits |
|---|---|---|
| ACS201 | Statistical Methods | 4 |
| ACS202 | General Insurance | 4 |
| ACS203 | Financial Mathematics II | 4 |
| ACS204 | Business Environment | 3 |
| ACS205 | Computer Applications | 2 |
Semester 3
| Subject Code | Subject Name | Credits |
|---|---|---|
| ACS301 | Life Insurance | 4 |
| ACS302 | Risk Management | 4 |
| ACS303 | Investment Analysis | 3 |
| ACS304 | Actuarial Modeling | 4 |
| ACS305 | Business Law | 2 |
Semester 4
| Subject Code | Subject Name | Credits |
|---|---|---|
| ACS401 | Advanced Statistics | 4 |
| ACS402 | Financial Economics | 4 |
| ACS403 | Insurance Marketing | 3 |
| ACS404 | Actuarial Risk Theory | 4 |
| ACS405 | Project Work | 2 |
Semester 5
| Subject Code | Subject Name | Credits |
|---|---|---|
| ACS501 | Corporate Finance | 4 |
| ACS502 | Pension Funds | 4 |
| ACS503 | Data Analysis | 3 |
| ACS504 | Advanced Life Insurance | 4 |
| ACS505 | Research Methods | 2 |
Semester 6
| Subject Code | Subject Name | Credits |
|---|---|---|
| ACS601 | Asset Management | 4 |
| ACS602 | Advanced Risk Theory | 4 |
| ACS603 | Insurance Regulations | 3 |
| ACS604 | Final Project | 4 |
| ACS605 | Professional Ethics | 2 |
Frequently Asked Questions (FAQs)
Q1: What is the scope after a BSc in Actuarial Science?
A: After graduation, you can work as a Risk Analyst, Insurance Underwriter, or Financial Consultant. The average starting salary ranges from Rs. 3-6 LPA. Many graduates also pursue higher studies like MBA.
Q2: Why choose IMTS for BSc Actuarial Science Distance Education?
A: IMTS offers affordable fees, a flexible learning schedule, and expert faculty support. We provide free career counseling and placement assistance to all students.
Q3: Is distance learning BSc Actuarial Science valid?
A: Yes, IMTS’s program is UGC-recognized and holds the same value as regular courses. Our degree is accepted by all major employers and institutions.
Q4: How are classes conducted?
A: Students get access to online study materials, recorded lectures, and live doubt-clearing sessions. We also provide mobile app access for learning on the go.
Q5: What is the admission process at IMTS?
A: Simply register online, attend free counseling, submit documents, and pay fees. The entire process is online and hassle-free. No entrance exam is required.
Q6: Can working professionals join this course?
A: Yes, our flexible schedule is perfect for working professionals. Weekend doubt sessions and 24/7 online support help balance work and studies.
