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Top MSc Actuarial science Colleges in Bangalore

MSc Actuarial science (Master of  Science in Actuarial science)

The course curriculum focuses on developing a unique blend of strong mathematical skills, real world business understanding, communication, interpersonal, and leadership skills, etc.

The students will also be learning about the components of mathematics, statistics, economics, and their applications in various fields like life insurance, general insurance, health insurance, reinsurance, valuation of retirement benefits, etc.

What Skills does a M.Sc Actuarial Science student develop?

The course teaches students the techniques of application of analytical abilities and business skills. Students will be learning topics related to accountancy, finance, economics, and many other commerce-related subjects.

List of Top MSc Actuarial science Colleges in Bangalore

    List of MSc Actuarial science colleges

  • Christ University
    Christ University

    Course name: MSc Actuarial science

    Affiliations:

    Christ University (Deemed)

    Eligibility: Candidate who has passed BSc in Mathematics / Statistics / BA Economics / BCom with 60 % aggregate marks or equivalent grade from any recognised University in India or abroad recognised by UGC / AIU are eligible to apply.

    Duration: 2 years, Full Time, Post graduate Programme

    Campus Location: Christ University, Hosur Road, Bangalore - 560029, Karnataka, India

    Distance:

    The University is well connected with Airport, Railways & Bus
    Distance From Bangalore Airport : 41 km
    Distance From City Bus Stand :10.4 km

Top MSc Actuarial science Colleges in Bangalore

Top MSc Actuarial science Colleges in Bangalore

Last updated: May 02, 2023

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MSc Actuarial science course details

Duration 2 years 
Level Master Programme
Mode of Admission Merit /Management
Eligibility The students who have completed any degree with 50% (GM) and 45% (OBC/SC/ST) aggregate from recognised university are eligible to apply for M.Sc Actuarial Science courses in Bangalore at top science colleges in Bangalore
Fee Detail Merit Quota Seats :- Rs.50,000 to Rs.75,000
Management Quota Seats :- Rs.80,000 to Rs.1,35,000
Admission Process

Merit- The candidates looking for merit seats must fulfil the merit requirements specified by the colleges

Management- The candidates looking for Management seats can contact Galaxy Education for more details about management quota

Syllabus of MSc Actuarial science

Year Semester Subject
Year I Semester I
  • Financial Mathematics and Life Contingencies I
  • Actuarial Statistics I    
  • Business Finance I    
  • Life Insurance and Pensions
Semester II
  • Financial Mathematics and Life Contingencies-II
  • Actuarial Statistics II
  • Business Finance II
  • Risk Modelling and Survival Analysis I
Year II Semester III
  • Financial Economics I
  • General and Health Insurance
  • Life Contingencies I
  • Statistical Methods and Models
  • Actuarial Modeling II
Semester IV
  • Life Contingencies - II
  • Enterprise Risk Management    
  • Financial Economics II    
  • Research Methodology
  • Actuarial Applications Using Excel and Vba Macros

Placement of MSc Actuarial science

The M.Sc Actuarial Science students can find lucrative jobs at various banks, financial institutions, insurance companies, government agencies, investment banks, etc. The students can join Ph.D programmes and engage in research activity in actuarial science. They can even join the M.Phil programme to understand in-depth about actuarial science. They can start their own investment firms and work as consultants to clients or organisations.

The average M.Sc Actuarial Science Student will get an salary of about 4 Lakhs to 8 Lakhs PA

Some of the potential M.Sc Actuarial Science job opportunities for the students  are:

  • Actuary
  • Accountants
  • Auditors
  • Budget Analysts
  • Cost Estimators
  • Economists
  • Insurance Underwriters
  • Mathematicians
  • Investment Bankers

Top Recruiters for MSc Actuarial science students

The top organisations hiring M.Sc Actuarial Science students are:

  • Max Bupa Life Insurance
  • Bajaj Life Insurance
  • HDFC Life
  • ICICI Prudential
  • UTI Insurance
  • Star Health Insurance
  • Kotak Life Insurance
  • L&T Finance
  • LIC
  • Ernst & Young
  • NTT Data
  • Adobe
  • HCL
  • Microsoft
  • Facebook
  • Google
  • Genpact
  • Bosch

Advantages of Galaxy placement services

  • The students will get exclusive and detailed information about all the colleges in Bangalore, and they will be given complete assistance for getting admissions to the top science colleges in Bangalore
  • The students can take direct admissions in science colleges in Bangalore in the top 10 M.Sc Actuarial Science colleges in Bangalore
  • The students will be provided with facilities such as travel guide, and exclusive campus tours to the top 5 M.Sc Actuarial Science colleges in Bangalore from Galaxy Education
  • The students will get genuine information, reviews and research-based ratings about different colleges from alumni students and existing students
  • The students will be given an in-depth comparison of different colleges and institutions based on their budgets
  • The students of Galaxy Education will enjoy exclusive placement support services from top MNCs of the country

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