MSc Actuarial science ADMISSION IN Christ University 2024
MSc Actuarial science in Christ University
Last updated: Apr 20, 2024
CHRIST UNIVERSITY MSC ACTUARIAL SCIENCE COURSE OVERVIEW
The postgraduate course focuses on the technical and practical application of analytical abilities, theories, and concepts to business processes. It is an interdisciplinary subject involving Mathematics, Statistics, Economics, Accounts, and Finance. It covers topics related to risk in insurance, finance-based industries, accountancy, corporate finance, economics, risk management, derivatives, insurance, micro and macroeconomics, probability theory, and mathematical statistics. Candidates will have diverse knowledge about the diverse applications of mathematical and statistical methods after successful completion of the course.
The course aims to develop mathematical ability and abstract reasoning in students. The course is strengthened further by a strong academic foundation, experienced faculty, and excellent infrastructure. The Placement Cell encourages fresh talent and provides multiple career opportunities in top companies and organizations.
Candidates who take up the MSc Actuarial Science course in Christ University Bangalore will have diverse knowledge about the multiple applications of mathematical and statistical methods in risk management, property, accounts, industries, manufacture, financial services, insurance, and investment.
Skills like project management, logical reasoning, team work, planning and execution, organization, analytical reasoning, decision-making are enhanced through tools like case studies, presentations, webinars, seminars, internships, market analysis with experts, projects, workshops, and guest lectures included in MSc Actuarial Science in Christ University.
DURATION OF MSC ACTUARIAL SCIENCE COURSE IN CHRIST UNIVERSITY
2 years (4 semesters)
Full time, Postgraduate Programme
AFFILIATION & APPROVALS
Government of India
Deemed-to-be University
Accredited by NAAC
Approved by UGC
PROGRAM OBJECTIVES
To provide a strong foundation in Actuarial Science and its many applications
To create graduates who can analyze real-time problems by applying continuous reflective learning techniques
To provide practical experience and exposure so that candidates can design and develop immediate solutions through scientific integrity and objectivity
To provide an environment of adaptability and continuous learning
To develop and enhance skills like analysis, problem-solving, and leadership
To integrate the concepts of professional, ethical, and social values to ensure quality research and develop solutions to social problems
To understand the necessity of the judicious use of mathematical and statistical techniques for the benefit of the society and environment
To enhance competency and employability
PROGRAM OUTCOME OF CHRIST UNIVERSITY MSC ACTUARIAL SCIENCE
Graduates with the ability to understand and apply the fundamental concepts of Actuarial Science and its many applications
Graduates who can analyze real-time problems by applying continuous reflective learning techniques
Graduates with the ability to design and develop immediate solutions through scientific integrity and objectivity
Graduates who can engage in adaptability and continuous learning
Graduates who have excellent analysis, problem-solving, and leadership skills
Graduates who can integrate professional, ethical, and social values to ensure quality research
Graduates who can understand the necessity of the judicious use of mathematical and statistical techniques for the society and environment
Graduates who are competent and employable
ELIGIBILITY OF MSC ACTUARIAL SCIENCE IN CHRIST UNIVERSITY
Minimum 60% aggregate in BSc Mathematics/Statistics, BA Economics, or BCom from a recognized Board in India
Candidates with final semester/year examinations in March-May 2021 are eligible to apply
IMPORTANT DATE
Admission open - 10 December 2020
Admission close - 31 May 2021
FEE STRUCTURE FOR 2021
The fees structure for MSc Actuarial Science in Christ University can be summarized as:
Admission Registration: ₹5000
Karnataka
Other States
NRI
SAARC/AFRICA/
OCI/PIO/ASIAN
Other Foreign Nationals
First Year (Semester I, II)
₹176500
₹186500
₹255000
$ 5000
$ 5500
Second Year (Semester III, IV)
₹176500
₹186500
₹255000
$ 5000
$ 5500
APPLICATION PROCESS OF MSC ACTUARIAL SCIENCE IN CHRIST UNIVERSITY FOR 2021
Candidates frequently wonder what is the admission procedure for MSc Actuarial Science in Christ University? This can be summarized as:
Applications close approximately 1 week before the scheduled selection process
Selection Process - Application Form printout, original documents and a set of photocopies on the allotted date, time and venue mentioned on the Admit Card
Required Documents:
Copy of Class 10, Class 11/ 12, and Degree Marks Card
Transfer Certificate of Class 12
Migration Certificate of Class 12 (except Karnataka state board applicants)
Copy of valid ID proof (Aadhar Card/Aadhar Enrolment Receipt/PAN Card/Voter ID)
PIO/OCI/SAARC/AFRICA/ASEA /OTHER FOREIGN NATIONALS Categories must send the required supporting documents – Copy of Passport, Copy of PIO/OCI Card, Copy of Degree Marks Cards)
Baptism Certificate from the Parish Priest/Pastor for Karnataka Christian Students
Recent passport size photograph (with white background)
ADMISSION FOR INTERNATIONAL STUDENTS
The International Student Category includes Foreign Citizens/PIO Card Holders/OCI (Dual Citizens)
The candidates from non-English speaking countries should produce evidence of passing the qualifying examination in English medium or have IELTS score 6.0/TOEFL (paper) 550/TOEFL (computer) of 213/TOEFL (IBT) of 79 scores
Application Process – Direct Mode Application/Online Application Form
The candidates will have to pay the International Student Category Fee
ADMISSION FOR NRI STUDENTS
The candidates will have to pay the NRI Fee
Foreign Venues for Selection Process: Kuwait and Dubai (UAE) and Doha (Qatar)
Admission is based on academic performance and Selection
ADMISSION PROCESS FOR MSC ACTUARIAL SCIENCE IN CHRIST UNIVERSITY FOR 2021
Candidates frequently ask what is the admission process for the MSc Actuarial Science programme at Christ University Bangalore? The Admission Process includes:
Selection Process: Skill Assessment, Personal Interview, and Academic Performance of Class 10, Class 11/12, and Degree
Selected candidates will receive an E-Admission Letter
The candidates must choose the preferred date and time from available options for the Admission Process
The Fee payment has to be made through the online mode
Presence of the candidate, original documents, and passport photograph of the candidate are mandatory
Two copies of the Online Payment Receipt are mandatory
All admitted students must open an account at South Indian Bank, CHRIST (Deemed to be University) Branch
MISCELLANEOUS INFORMATION
A common question frequently asked by candidates is how can get direct admission for MSc Actuarial Science in Christ University? Christ University does not collect any type of Donation Fee
If the Application Form is incomplete or incorrect, the University Management has the right to reject it
Do not send any original documents through post or courier
Ignorance of the Terms, Conditions and Guidelines will not be considered as an excuse
There may be a periodic increase in Tuition Fees to meet the rise in costs
Admitted students who require Bank Loan will be provided a recommendation letter on request
The decision of the University Management and Admission Committee is final and binding
SYLLABUS FOR MSC ACTUARIAL SCIENCE IN CHRIST UNIVERSITY
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
OPEN ELECTIVES
Odd Semester:
First Course in Statistics using SPSS
Introduction to Drug Development and Base SAS
Even Semester:
Statistics for Data Analysis
Advanced SAS Programming
CAREER SCOPE AFTER MSC ACTUARIAL SCIENCE IN CHRIST UNIVERSITY BANGALORE
There are plenty of career and job opportunities available in government and private companies and organizations for MSc Actuarial Science graduates.
Potential career roles are:
Lecturer/Professor
Actuary Accountant
Auditor
Budget Analyst
Cost Estimator
Economist
Financial Analyst
Risk Manager
Financial Specialist
Consultant
Investment Professional
Statistician
Mathematician
Economist
Accountant
Financial Analyst
Business Analyst
Consultant
Biostatistician
Research Associate
Demographer
Entrepreneur
Process Analyst
Management Analyst
Predictive Modeler
Quantitative Analyst
Popular companies that recruit MSc Actuarial Science graduates are:
HCL
Wipro
Oracle
Mindtree
Max Bupa Health Insurance
PricewaterhouseCoopers
Tata Consultancy Services
HP
Dell
Intel
Siemens
Bosch
Deloitte
Wipro
Ernst and Young
KPMG
Kotak Mahindra Insurance
Honeywell
Apple
ITC Infotech
Infosys
Cognizant
Accenture
IBM
The average salary package for MSc Actuarial Science graduates is around 2.5 LPA to 7 LPA. The salary varies according to experience, specializations, professional certifications, and skills. The lowest salary package recorded was 2.5 LPA for fresh graduates and Trainees, and the highest salary package recorded was 25 LPA for Risk Managers and Consultants.
LOCATION
Hosur Road, Bangalore
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