Top Actuarial Science Colleges in India

Actuarial science colleges in India offer courses in actuarial science. In these actuarial science programs, the students are taught the mathematical and statistical methods so that they can evaluate risk in the insurance and finance industries. The duration of actuarial science programs in India is generally three year.

But several institutions also offer short term courses to the students. Interested students who are of 18 years of age or older and completed 10+2 (H.S.C) or equivalent securing at least 85% in Mathematics/Statistics are eligible to enroll in any of the Actuarial Science colleges in India. Actuaries are basically organizations that provide services in sectors like finance and investment, insurance (health, life, general) and several benefit plans regarding employee retirement.

A person trained in actuarial sciences from top actuarial science colleges in India can join the government as well as the private sectors. He can find a job as an agent or a licensed insurance surveyor. The salary in case of Government jobs ranges between Rs.3, 000-Rs.8, 000 for development officer and Rs.14, 000-Rs.16, 000 for Zonal managers. In Private sectors the salary starts from Rs.6, 000-Rs.9, 000 and management graduates can join for Rs.15, 000-Rs.25, 000 which is not a less amount.

List of Top Actuarial Science Colleges in India

• Aligarh Muslim University, Aligarh
• University of Mumbai, Mumbai
• AMITY School of Insurance and Actuarial Science, Noida (ASIAS)
• University of Madras, Chennai
• Annamalai University, Tamil Nadu
• University of Kalyani, West Bengal
• Andhra University, Visakhapatnam
• University of Delhi, Delhi
• Berhampur University, Orissa
• RNIS College of Insurance, New Delhi
• Birla Institute of Management Technology, New Delhi
• Narsee Monjee Institute of Management Studies, Mumbai
• Bishop Herber College, Tiruchirappalli
• Manipur University, Canchipur, Imphal
• CMD School of Insurance and Actuarial Sciences, Uttar Pradesh
• Kurukshetra University, Kurukshetra
• DS Actuarial Education Services (DS Act Ed), Mumbai
• Jaipuria Institute of Management, Lucknow
• Dr. Ram Manohar Lohia Avadh University, Faizabad, U.P.
• Institute for Integrated Learning in Management (IILM), Noida
• Gurunanak Dev University, Amritsar
• Goa University, Goa