M.B.A. Actuarial Science or Master of Business Administration in Actuarial Science is a postgraduation Actuarial Science course. Actuarial science is the order that applies numerical and factual techniques to survey chance in the protection and account. The understudies of M.B.A. (Actuarial Science) are specialists in surveying the monetary effect of tomorrow's questionable occasions. They empower budgetary choices to be made with more certainty by investigating the past, demonstrating the future, surveying dangers included, and imparting what the outcomes mean in money related terms. The span of the course is two years and its prospectus are separated into six sections.
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NOTE:- Students who are admitted must bring all the original documents to with them to the Institute Campus. Students failing to present all relevant original documents upon request may be denied admission or later told to leave the university.
Given below are few of the important highlights of the program.
Program Full Name | Master of Business Administration in Actuarial Science |
Program Level | Master Degree Courses |
Duration of the Program | 2 Years |
Examination Type | Semester |
Eligibility | Bachelor's Degree in Relevant Stream From a Recognized University With a Minimum of 50% Marks. |
Admission Process | Entrance Exam and Merit Based |
Average Program Fee | Upto Rs. 1 Lakh |
Syllabus of Management as prescribed by various Universities and Colleges.
Paper Code | Subjects of Study |
1 | Microeconomics |
2 | Financial Analysis & Management |
3 | Financial Mathematics |
4 | Mathematics of Compound Interest |
5 | Individual Dynamics and Leadership |
6 | Probability Distributions |
7 | Business Communication (Oral) |
8 | Macroeconomics |
9 | Economics for Actuaries |
10 | Corporate Reporting |
11 | Group and Organization Dynamics |
12 | Statistical |
13 | Research Methodology |
14 | Business Communication(Written) |
15 | Actuarial Mathematics I Financial valuation and contingencies |
16 | Stochastic Models |
17 | Survival Models |
18 | Corporate Finance I |
19 | Financial Economics I Variations, Portfolio Theory (EMH) |
20 | Information Systems for Management |
21 | Financial Economics II (Investment analysis and portfolio management) |
22 | Actuarial Mathematics II (Financial valuation and contingencies) |
23 | Essentials of Human Resources Management |
24 | Marketing Management |
25 | Actuarial Statistics I |
26 | General Principals of Law & Insurance |
27 | Econometrics |
28 | Asset & Liability Management |
29 | Actuarial Application & Risk management |
30 | Pensions Management |
31 | Actuarial Statistics II |
32 | Marketing of financial services |
33 | Insurance Underwriting |
34 | Business Ethics |
35 | Leadership Skills Based on Emotional Intelligence |
Mentioned below are some states in India that offer the program.