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 20 April 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: IMTS Institute provides free counselling sessions for candidates. After attending counselling, the counsellor will guide the applicant through the admission process.
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 20 April 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 19 April 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: 19 April 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
- Visit the IMTS official website: www.imtsinstitute.com
- Click on “Apply Now” for BSc Actuary course
- Fill basic details in the registration form
- Pay the application fee online
- Upload required documents
- Schedule a free counselling session
- Complete admission after document verification
- 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.
