Course Overview:

• The Bachelor of Actuarial Science (BAS) is a specialized 3-year undergraduate program that focuses on assessing risk in industries like insurance, finance, and investments. The course is designed to provide students with a strong foundation in mathematics, statistics, economics, and risk management, preparing them to pursue a career as actuaries.

  Course Duration

  • 3 years (Full-time)

Syllabus (Semester-wise)

Semester 1:

1. Principles of Insurance

2. Financial Accounting

3. Business Mathematics-I

4. Microeconomics

5. Statistical Methods-I

6. Business Communication

Semester 2:

1. Life Insurance

2. Business Mathematics-II

3. Financial Economics

4. Macroeconomics

5. Statistical Methods-II

6. Financial Reporting & Analysis

Semester 3:

1. Actuarial Mathematics-I

2. Risk Theory

3. Corporate Finance

4. Probability Theory

5. Statistical Modeling

6. Financial Mathematics

Semester 4:

1. Actuarial Mathematics-II

2. Risk Management & Insurance

3. Investment & Asset Management

4. Stochastic Processes

5. Survival Models

6. Business Law

Semester 5:

1. Pension Funds & Social Security

2. General Insurance

3. Advanced Probability and Statistics

4. Life Contingencies

5. Time Series & Forecasting

6. Project Work - I

Semester 6:

1. Financial Economics-II

2. Derivatives & Risk Management

3. Health Insurance

4. Financial Risk Management

5. Project Work - II

6. Elective Paper (Choose from options like Econometrics, Advanced Corporate Finance)

Average Fees

• The average course fee for BAS in India ranges from INR 50,000 to INR 2,00,000 per year, depending on the institution.

Exams to Attend

• Admission to BAS courses is primarily based on entrance exams such as ACET (Actuarial Common Entrance Test) conducted by the Institute of Actuaries of India (IAI). Other exams might include CET or college-specific entrance exams depending on the institution.

Top 10 Ranking Institutions in India for BAS

1. Christ University, Bangalore

2. NMIMS, Mumbai

3. Amity University, Noida

4. Birla Institute of Technology and Science (BITS), Pilani

5. Stella Maris College, Chennai

6. Institute of Actuarial and Quantitative Studies (IAQS), Mumbai

7. MIT World Peace University, Pune

8. Xavier School of Management, Jamshedpur

9. Symbiosis International University, Pune

10. Manipal Academy of Higher Education (MAHE), Manipal

Top 10 Institutions in Kerala for BAS

1. St. Thomas College, Thrissur

2. Maharaja's College, Ernakulam

3. Sacred Heart College, Kochi

4. St. Teresa's College, Kochi

5. Farook College, Kozhikode

6. Mar Ivanios College, Thiruvananthapuram

7. St. Albert's College, Ernakulam

8. CMS College, Kottayam

9. Union Christian College, Aluva

10. Deva Matha College, Kuravilangad