Bachelor's in Actuarial Science in India
| Sr. No. | College Name | Location | Course Name | Degree Type | Admission Link |
| 1 | Jai Hind College | Mumbai | Bachelors in Actuarial Science & Quantitative Finance (BAQF) | B.Sc. | https://jaihindcollege.com/academics/unaided-courses/bsc-actuarial-science.html |
| 2 | KC College (HSNC University) | MUMBAI | BSc Actuarial Studies – IFoA curriculum based | B.Sc. | https://hsncu.edu.in/ |
| 3 | Amity University | Noida, Uttar Pradesh | B.Sc. (Hons) in Actuarial Science | B.Sc. (Hons) | https://www.amity.edu/ |
| 4 | CHRIST (Deemed to be University) | Bengaluru, Karnataka | B.Sc. in Mathematics & Actuarial Science | B.Sc. | https://christuniversity.in/ |
| 5 | Hindustan Institute of Technology & Science (HITS) | Chennai, Tamil Nadu | B.Sc. in Actuarial Science | B.Sc. | https://hindustanuniv.ac.in/bachelor-of-science-bsc-actuarial-science/ |
| 6 | Patkar‑Varde College (Autonomous) | Mumbai, Maharashtra | B.Sc. in Actuarial Science | B.Sc. | https://www.patkarvardecollege.edu.in/ |
| 7 | University of Madras (via IAQS) | Chennai, Tamil Nadu | B.Sc. in Actuarial Science & Quantitative Finance | B.Sc. | https://www.unom.ac.in/ |
| 8 | Institute of Actuarial & Quantitative Studies (IAQS) | Mumbai, Maharashtra | B.Sc. in Actuarial Science & Quantitative Finance (Mumbai Univ.) | B.Sc. | https://iaqs.in/ |
| 9 | Loyola College | Chennai, Tamil Nadu | B.Sc. (Hons) in Actuarial Science | B.Sc. (Hons) | https://www.loyolacollege.edu/admission/home |
| 10 | UPES Dehradun | Dehradun, Uttarakhand | B.Sc. in Actuarial Science | B.Sc. | https://www.collegedekho.com/colleges/upes-university-dehradun-bsc-actuarial-science-cpd-296310 |
Master's in Actuarial Science in India
| Sr. No. | College / University | Location | Course Name | Degree Type | Admission Link |
| 1 | CHRIST (Deemed to be University) | Bengaluru, Karnataka | M.Sc. in Actuarial Science | M.Sc. | https://m.christuniversity.in/campus/banargatta-campu/sciences/statistics/msc-actuarial-science |
| 2 | B.S. Abdur Rahman Crescent Institute of Science & Technology | Chennai, Tamil Nadu | M.Sc. in Actuarial Science | M.Sc. | https://crescent.education/m-sc-actuarial-science/ |
| 3 | Kerala University | Thiruvananthapuram, Kerala | M.Sc. in Actuarial Science | M.Sc. | https://admissions.keralauniversity.ac.in/ |
| 4 | Patkar‑Varde College (Autonomous, Mumbai University) | Mumbai, Maharashtra | M.Sc. in Actuarial Science | M.Sc. | https://www.patkarvardecollege.edu.in/department/postgraduate/science/actscience |
| 5 | Manipal Academy of Higher Education | Manipal, Karnataka | M.Sc. in Actuarial Science | M.Sc. | https://www.manipal.edu/mu.html |
| 6 | Bishop Heber College (Bharathidasan University) | Tiruchirappalli, Tamil Nadu | M.Sc. in Actuarial Science | M.Sc. | https://bhc.edu.in/bhc/department.php?dept=Actuarial%20Science |
List of bachelor's courses that students should pursue with the Actuaries
| Sr.No. | Bachelor’s Course | Core Focus Areas | How It Helps an Aspiring Actuary | Eligibility | Top Colleges (India) |
| 1 | B.Sc. in Actuarial Science | Probability, Financial Mathematics, Risk Theory | Directly aligned with actuarial syllabi; many exam exemptions | 10+2 (Maths) ≥ 50% | NMIMS Mumbai, Patkar‑Varde College, HITS Chennai, Amity Noida |
| 2 | B.Sc. in Mathematics | Real & Complex Analysis, Linear Algebra, Differential Equations | Deepens mathematical maturity for advanced modeling | 10+2 (Maths) ≥ 50% | IISc Bangalore, St. Xavier’s Mumbai, University of Madras |
| 3 | B.Sc. in Statistics | Probability, Statistical Inference, Regression Analysis | Builds expertise in data analysis and predictive modeling | 10+2 (Maths/Stats) ≥ 50% | Delhi University (Stat Dept), St. Xavier’s Mumbai, BHU |
| 4 | B.Sc. in Economics | Microeconomics, Macroeconomics, Econometrics | Strengthens understanding of economic drivers in insurance/finance | 10+2 (Maths/Math‑Econ) ≥ 50% | Delhi School of Economics (UG), St. Stephen’s DU, Presidency College Chennai |
| 5 | B.Com. (Finance & Insurance) | Financial Accounting, Corporate Finance, Insurance Principles | Bridges actuarial work with real‑world financial management | 10+2 (Commerce) ≥ 50% | Shri Ram College of Commerce, Loyola College Chennai, Christ University Bengaluru |
| 6 | B.Sc. in Computer Science | Programming, Algorithms, Data Structures, Databases | Equips you for coding actuarial models and handling big data | 10+2 (Maths + CS) ≥ 50% | IIT Kharagpur, IIIT Hyderabad, Christ University Bengaluru |
| 7 | B.Sc. in Data Science | Machine Learning, Data Mining, Statistical Computing | Prepares you for data‑driven risk assessments and advanced analytics | 10+2 (Maths/Stats) ≥ 50% | IIIT Bangalore, Great Lakes Chennai, Shiv Nadar University |
| 8 | BBA (Finance) | Financial Markets, Investment Analysis, Risk Management | Provides business context and communication skills for corporate roles | 10+2 (Any stream) ≥ 50% + Entrance Test | NMIMS Mumbai, Christ University Bengaluru, Amity Noida |
| 9 | B.Tech. (CS/EE) | Mathematical Modeling, Simulation, Systems Analysis | Enhances problem‑solving and quantitative tool development | 10+2 (Maths + Physics/Chem) + JEE rank | IIT Bombay, IIT Delhi, NIT Trichy |
| 10 | B.A. (Econ & Mathematics) – Dual | Econometrics, Probability, Optimization | Combines rigorous math with economic theory—ideal for actuarial modeling | 10+2 (Maths & Econ) ≥ 50% | Ashoka University, Jindal Global University, Christ University Bengaluru |
List of Master's programs that students should pursue with Actuaries
| Sr.No. | Master’s Program | Core Focus Areas | How It Helps an Aspiring Actuary | Eligibility | Top Colleges (India) |
| 1 | M.Sc. in Actuarial Science | Advanced Risk Theory, Financial Mathematics, Longevity Models | Direct continuation of actuarial syllabi; deep dive into modeling & exemptions | B.Sc. (Math/Stats/Actuarial) with ≥50% | CHRIST University, IAQS–Mumbai, Amity University |
| 2 | M.Sc. in Statistics | Bayesian Inference, Time Series, Multivariate Analysis | Strengthens statistical toolkit for pricing, reserving & predictive modeling | B.Sc. (Stats/Math) with ≥50% | Delhi University, St. Xavier’s Mumbai, Banaras Hindu University |
| 3 | M.Sc. in Mathematics | Stochastic Processes, Partial Differential Equations | Builds theoretical backbone behind many actuarial models | B.Sc. (Math) with ≥50% | IISc Bangalore, University of Madras, Pune University |
| 4 | M.Sc. in Economics | Econometrics, Financial Economics, Risk Economics | Provides economic context for insurance markets and regulatory analysis | B.A./B.Sc. (Econ/Math) with ≥50% | Delhi School of Economics, JNU, Madras School of Economics |
| 5 | M.Sc. in Data Science / Analytics | Machine Learning, Big Data Architectures, Data Visualization | Equips you to handle large datasets and implement AI/ML in risk assessment | B.Sc. (Any) with Math/Stats background, ≥50% | IIIT Bangalore, Great Lakes Chennai, IIT Kharagpur |
| 6 | M.Sc. in Financial Mathematics | Derivatives Pricing, Quantitative Portfolio Management | Bridges actuarial methods with modern quantitative finance techniques | B.Sc. (Math/Stats/Econ) with ≥50% | AMU Aligarh, IISER Pune, XLRI Jamshedpur |
| 7 | M.Tech in Data Analytics | Predictive Modeling, Applied Optimization, Cloud Computing | Hands‑on skills for implementing scalable actuarial models in industry | B.E./B.Tech. or M.Sc. (Comp Sci/Stats) with ≥60% | IIT Bombay, IIT Delhi, National Institute of Technology Trichy |
| 8 | MBA (Finance / Risk Management) | Corporate Finance, Strategic Risk, Leadership & Ethics | Develops business acumen and leadership skills for management‐level roles | Bachelor’s (any discipline) with entrance exam (e.g. CAT/XAT) | IIM Ahmedabad, ISB Hyderabad, XLRI Jamshedpur |
| 9 | M.Phil. / Ph.D. in Actuarial Science | Research Methods, Actuarial Theory Extensions | Prepares you for academic or high‑end R&D roles in risk modeling | M.Sc. in Actuarial Science/Math/Stats with NET/SET qualification | IISc Bangalore, University of Mumbai, Madras University |
| 10 | MSc in Computational Finance | Numerical Methods, Algorithmic Trading, High‑Performance Computing | Focus on computational techniques used in complex financial & insurance products | B.Sc. (Math/Comp Sci) with programming skills, ≥60% | IIT Roorkee, BITS Pilani, IIIT Delhi |
A list of additional professional courses that students can take with the actuaries.
| Sr.No. | Certification / Course | Issuing Body / Provider | Core Focus | Complement to Actuarial Career |
| 1 | CFA (Chartered Financial Analyst) | CFA Institute | Investment analysis, portfolio management | Deepens understanding of capital markets and asset valuation |
| 2 | FRM (Financial Risk Manager) | Global Association of Risk Professionals (GARP) | Market, credit & operational risk | Broadens risk management framework beyond insurance risks |
| 3 | CERA (Chartered Enterprise Risk Actuary) | Society of Actuaries (SOA) | Enterprise risk, ERM frameworks | Extends traditional actuarial risk to enterprise‑wide strategies |
| 4 | PRM (Professional Risk Manager) | Professional Risk Managers’ International Association (PRMIA) | Quantitative risk tools, regulatory standards | Complements FRM with a more quantitative and regulatory angle |
| 5 | CPA (Certified Public Accountant) | AICPA / ICAI (India) | Financial reporting, auditing, taxation | Adds accounting expertise, useful for reserving & financial audits |
| 6 | ACCA (Association of Chartered Certified Accountants) | ACCA Global | International financial reporting, management accounting | Strengthens IFRS knowledge and global finance skills |
| 7 | CFP (Certified Financial Planner) | FPSB / FPSB India | Personal financial planning, wealth management | Equips you to advise on retirement, investments, and insurance |
| 8 | SAS Certified Specialist | SAS Institute | Statistical analysis, predictive modeling with SAS | Provides hands‑on skills in industry‑standard analytics software |
| 9 | Python for Data Science | Various (Coursera, edX, Udemy) | Python programming, ML libraries (Pandas, scikit‑learn) | Enables custom actuarial model coding and automation |
| 10 | PRINCE2 / PMP | AXELOS (PRINCE2) / PMI (PMP) | Project management methodologies and best practices | Helps in leading actuarial projects and cross‑functional teams |
| 11 | CBAP (Certified Business Analysis Professional) | IIBA | Requirements analysis, stakeholder management | Sharpens skills in gathering business requirements for models |
| 12 | Certificate in Data Science & AI | IITs / ISB / Coursera (IBM) | Machine learning, big data tools, AI applications | Prepares you for advanced predictive analytics in insurance |