Actuarial Science after 12th

Actuarial Science after 12th Admission: Courses offering Actuarial science are open for admission in the 2025 session. Students who have completed 12th class in PCM or Commerce with mathematics can apply for Actuarial Science admission. Last date to apply is 15 April 2025. Various institutions offer Actuarial courses like Amity University, Gujarat University, Dr MGR Institute etc. offer. Actuarial Science course fee after 12th range from Rs. 15,000 per year to Rs. 85,000/- per year. Applications are accepted for colleges. While most institutions accept students without an entrance exam there are several colleges that need a valid scorecard in college specific exams. Application fee for Actuarial courses is Rs. 500 to Rs. 1,000/-. 

Actuarial Science after 12th Course Details

The multidisciplinary course of Actuarial Science is the course that teaches applying concepts of mathematics for financial risk management. Students can apply to courses like BSc in Actuarial Science, Certificate in Actuarial Science, Diploma Programmes in Actuarial Science. Syllabus of Actuarial Science covers subjects like Probability Theory, Statistics, Financial Accounting, Economics, Finance, and Computer Science.

Actuarial Science prepares students for jobs in the business and financial sector. Pension fund Managers, Life Insurance Consultant, Healthcare Finance Manager are some of the popular jobs after Actuarial courses. Working professionals can use qualifications in Actuarial Science to increase their salaries and get better working opportunities.

Being a multidisciplinary course, admissions are also open for Actuarial Science after 12th Commerce stream. Despite computer science and other mathematics topics Actuarial science is open for both the PCM and commerce students. Actuarial Science course duration after 12th depends on the level of courses. Short term courses vary between 6 months to 1 year and BSc courses are up to 3 years. 

Actuarial Science UG Courses

Admissions are open for bachelor courses like BSc in Actuarial Science. Although this is a technical course, some universities also offer BA courses that deal with Actuarial Science. These courses are undergraduate level study of mathematics of financial assessment and management. Students can study technological advancement in the domain of actuarial science. These courses are offered by universities like Patna University, Maharishi University of Information Technology etc. 

Diploma after 12th in Actuarial Science

Short term 1 year courses are offered to students interested in qualification in Actuarial Science for a professional oriented course. Many institutes in India offer in-campus and online courses for working professionals and 12th qualified students. Different colleges offer facilities like online classes, recorded lectures, live sessions, and practical labs even in the Actuarial Diploma courses. Diploma level in Actuarial Science focuses on practical knowledge that can be used in real word professional problems. Thus, this course is particularly suitable and famous among working professionals. 

Certificate Actuarial Course after 12

Students can get certificates for 6 months in Actuarial Science in India. Students can apply after completing 12th class in PCM or commerce. Subjects covered in certificate programmes are technical based professional courses in risk assessment using technical softwares and applications. Students study Principles of Life Insurance, Asset Liability Management, Mathematics for Business, etc. Students can also apply to Actuarial Science distance education certificate courses. 

Actuarial Science eligibility

To apply for different Bachelor’s, Diploma, and Certificate level Actuarial courses students must pass 12th class. Some colleges and universities also accept an equivalent diploma or certificate up to 12th level. There is no age limit for admission.

Admission Process to Actuarial Course Online

Step 1: Go to the college portal offering Actuarial courses.

Step 2: Click on apply now.

Step 3: Registration page will now open. Start the process for online admission by making a registration account on the portal. 

Step 4: Get the admission login ID and password. 

Step 5: Login to the admission portal with the new ID.

Step 6: Enter details in the admission form.

Step 7: Submit documents photocopy. 

Step 8: Pay the application fee.

Step 9: Submit the admission form. 

Document Required

• Photographs in passport size

• Signature impression

• Education Documents

  • 10th Mark Sheet

  • 12th Mark Sheet

  • 12th equivalent Diploma (if applicable)

• Category Documents (for reserved Category)

• PWD certificate

Actuarial Science Fee Structure

FAQs

Q. Can i do Actuarial Science after completing 12th in commerce without Maths?

A. Yes, UG and Diploma courses are available for commerce students without Mathematics. Such students will have to complete bridge courses in mathematics.

Q. What are the Actuarial Science salary range for new graduates?

A. Students graduating in Actuarial Science courses can expect salaries in range of Rs. 3 Lacs to Rs. 5.6 Lacs.