P.G. Diploma in Actuarial Science

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Duration

1 Years

Level

Diploma After Graduation

Type

Diploma

Eligibility

Graduation

P.G. Diploma in Actuarial Science is Diploma level Actuarial Science course. Actuarial services, predominantly in insurance and pensions but increasingly in a much wider range of activities, are critically important, to the performance of clients, to the long-term well-being of consumers, and to the stability of the financial system. Course deals with the application of statistical and mathematical techniques to calculate the risk involved in finance and insurance sectors. It resolves economic risks in the insurance and investment sector using mathematical and statistical methods.

P.G. Diploma in Actuarial Science Eligibility

  • Graduation or Equivalent with at least 50% in Mathematics/ Statistics.

P.G. Diploma in Actuarial Science Syllabus

Syllabus of Actuarial Science as prescribed by various Universities and Colleges.

Sr. No.

Subjects of Study

1         

Probability and Mathematical Statistics

2         

Financial Mathematics

3         

Finance & Financial Reporting

4         

Statistical Models and their Applications

5         

Practical

6         

Data Analysis using application software like MSEXCEL

7         

Contingencies

8         

Statistical Methods

9         

Economics

10     

Financial and Statistical Economics

11     

Project work related to actuarial Science.

 

P.G. Diploma in Actuarial Science Colleges

P.G. Diploma in Actuarial Science Course Suitability

  • The course is suitable for those who have single minded dedication and a systematic approach towards problems to successfully complete the various stages. 
  • Those who are willing to go for teaching fields at higher degree level both in private and government institutions are suitable.

How is P.G. Diploma in Actuarial Science Course Beneficial?

  • The course is beneficial mainly in insurance sector but now its importance has increased in sectors like non-life insurance, employee benefits, health insurance, asset-management, reinsurance, insurance broking houses and consulting companies as well. 
  • Candidates those who want to pursue their studies for Master’s degree and then for research work also can go for the course; thus, it gives good base for further studies.

P.G. Diploma in Actuarial Science Employment Areas

  • Educational Institutes
  • Insurance Companies
  • Research Companies
  • Investment Companies
  • Technical Research Centres

P.G. Diploma in Actuarial Science Job Types

  • Team Lead/Assistant Team Manager
  • Actuarial Analyst
  • Audit Manager/Credit Risk Manager
  • Catastrophe Risk Analyst
  • Business Intelligence Consultant
  • Quality Assurance Associate
  • Teacher & Academician