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BSc Actuarial Science Distance Education Admission | Eligibility, Fee & Scope

Utkarsh Pandey by Utkarsh Pandey
May 2, 2025 8:57 pm
in Distance Course, Science Course, UG Course
BSc Actuarial Science Distance Education

BSc Actuarial Science Distance Education

BSc Actuarial Science Distance Education Admission 2025: 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 for BSc Actuarial Science distance education course 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 modelling open vast career opportunities in global finance. The admission’s last date is 30th May 2025.

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. 
  • Program Duration: BSc Actuarial Science distance education course is divided into 6 semesters which are completed in 3 years. 
  • Course Curriculum: The curriculum also covers Probability and Statistics, Financial Mathematics, Risk Management, Life Contingencies, Econometrics, and Insurance Models. 
  • 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.
  • How to Apply: Fill the application form by visiting the official website of IMTS after filling aspiring will get a free counselling session which helps them to choose the right path.

BSc Actuarial Science Distance Education Admission 2025 Updates

  • The last date to apply for a Bachelor of Science in Actuarial Science at Mangalayatan University is 30th May 2025. It offers subjects like Financial Mathematics, Risk Management, Life Contingencies, Econometrics, and Insurance Models.  
  • The deadline for Subharti University’s BSc Actuarial Science program is 29th May 2025. It offers courses in life contingencies, econometrics, and insurance models. Approx fee: INR 48,000 per year. 
  • William Carey University: BSc Actuarial Science course covers mathematics, finance, accounting, and economics. Fee: INR 50,000 per year. Admission closing date: 29th May 2025.

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
Institute Name IMTS Institute
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 are the meanings of actuarial studies?

Actuarial studies are used to calculate risk for insurance companies and pension funds, particularly when estimating the average lifespan of individuals. BSc Actuarial Science Distance Education is a 3-year undergraduate program. At IMTS Institute, this course helps students learn financial mathematics, statistics, and risk management skills through distance education. IMTS Institute makes this complex course easy to understand through well-structured study materials and expert guidance. 

Top 5 Best Paying Related Actuary Jobs in India

Below is a list of some of the high-paying jobs after graduation with BSc in Actuarial Science:

  • Chief Actuary
  • Actuarial Consultant
  • Senior Executive 
  • Actuarial 
  • Analyst

The salary for these job profiles varies between ₹8.50 LPA and ₹14.11 LPA, depending on factors such as experience and area of expertise.

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 counselling to help students understand complex topics.
  • Industry-Focused Curriculum: Learn practical skills needed in the job market. The course covers modern topics like financial modelling 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. BSc Actuarial Science Distance Education course teaches students how to use mathematical and statistical methods to assess financial risks and make business decisions.

Actuarial Science courses include 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.

BSc Actuarial Science Distance Education Popular University Admission

University/Institute Eligibility Core Subjects Fee (per year)
IMTS Institute 50% in 12th with Mathematics Financial Mathematics, Risk Management, Statistics Rs. 42,000
William Carey University 50% in 12th grade Probability Theory, Economics, Statistics Rs. 46,000
Mangalayatan University 50% in 12th with Mathematics Risk Analysis, Financial Modeling, Economics Rs. 40,000

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: a 30-minute session to understand career goals and explain course structure.
  • Expert Guidance: Professional counsellors 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.

How to Apply for BSc Actuarial Science Distance Education at IMTS Institute

  1. Visit the IMTS official website: www.imtsinstitute.com
  2. Click on “Apply Now” for BSc Actuary course
  3. Fill basic details in the registration form
  4. Pay the application fee online
  5. Upload required documents
  6. Schedule a free counselling session
  7. Complete admission after document verification
  8. Pay the 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)

Ques: What is the scope after a BSc in Actuarial Science?

Ans: 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.

Ques: What is actuarial science?

Ans: Actuarial science is the field that uses statistical and mathematical techniques to measure risk in investment, pensions, insurance, and other

Ques: Why choose IMTS for BSc Actuarial Science Distance Education?

Ans: IMTS offers affordable fees, a flexible learning schedule, and expert faculty support. We provide free career counselling and placement assistance to all students.

Ques: What are the qualifications for the BSc Actuarial Science course?

Ans: The qualification for Bachelors of Actuarial Science course is that students must have completed their 10+2 grade with a minimum of 50% aggregate in Mathematics/Statistics from any recognized board.

Ques: How are classes conducted?

Ans: 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.

Ques: Can working professionals join BSc Actuarial Science Distance Education course?

Ans: Yes, our flexible schedule is perfect for working professionals. Weekend doubt sessions and 24/7 online support help balance work and studies.

Ques: What documents applicants need to submit during the admission process for BSc Actuarial Science Distance Education?

Ans: The documents candidates need to submit during admission process are 10th and 12th Mark Sheet, Transfer Certificate, Four passport-size photographs, ID proof (Aadhar Card/Passport), Address proof, Migration Certificate (if applicable).

Ques.) What are the BSc Actuarial Science fees in Distance Education?

Ans.) Average course fees BSc Actuarial Science in distance mode ranges from INR 3,00,000 – INR 8,00,000 per annum.

Ques.) What is the BSc actuarial science duration in distance education mode?

Ans.) Program duration in distance for BSc Actuarial Science is 3 years.

Utkarsh Pandey

Utkarsh Pandey

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