About the Programme
MSc Actuarial Science is a multi-disciplinary programme that applies both Qualitative and Quantitative (Mathematical and Statistical ) methods to assess and analyze different risks in various sectors like banking, insurance, manufacturing, trading and government organizations. This programme provides a strong foundation in enhancing the core principles and techniques of Actuarial Science and equips students with adequate skills to analyze and solve real-world actuarial problems. Students will get a good exposure on market relevant tools and techniques used by actuaries from different domains.
Program Highlights: Curriculum alignment with IFOA/IAI and CAS syllabus Inclusion of technical skills training like R-programming and Microsoft Excel in the curriculum Facilitation for professional exams and internships IFOA/IAI/CAS qualified practising professionals as faculty members Recognised CAS Silver Partner for quality actuarial education
Multidisciplinary Risk Analytics
Build expertise at the intersection of mathematics, statistics, finance, and data analytics to assess and model risk across insurance, banking, manufacturing, trading, and government sectors.
Strong Actuarial Foundations
Develop a rigorous understanding of actuarial principles, quantitative techniques, and statistical methodologies required to solve complex real-world actuarial and financial problems.
Industry-Relevant Technical Training
Gain hands-on exposure to market-relevant tools, analytical platforms, and computational techniques widely used by actuaries for modelling, forecasting, and decision-making.
Professional & Career Readiness
Prepare for actuarial careers through practical problem-solving, professional exam-aligned learning, and application-oriented training designed to meet evolving industry expectations.
Why Choose This Programme?
Curriculum alignment with Institute and Faculty of Actuaries (IFoA)
Inclusion of soft skills training like R-programming
Facilitation for professional exams and internships
IFOA/IAI qualified practicing professionals as faculty members
Fostering holistic development through co-curricular activities
Professional competence to apply the fundamental theories
Choose Your Track
Build expertise in insurance, pensions, pricing, reserving, and traditional actuarial applications.
Develop quantitative skills to model financial risk and support strategic business decisions.
Leverage data-driven methods, predictive modelling, and research for analytical innovation.
What You Will Learn
Programme Structure
The programme structure outlines the academic curriculum designed to provide a systematic progression of learning through core subjects, electives, and practical components across semesters, ensuring both theoretical understanding and skill development.
Semester 1 — Foundations of Actuarial Science
Semester 2 — Applied Quantitative and Risk Modelling
Semester 3 — Advanced Insurance and Economic Analytics
Semester 4 — Research, Analytics and Professional Practice
Eligibility & Fee Structure
Career Paths
Your Career Roadmap
Select a specialisation track to explore the learning journey and career outcomes tailored to your chosen domain.
Message from the HOD
Bangalore Central Campus
Welcome to the Department of Professional Studies!
Nestled in the heart of India’s thriving startup ecosystem and Silicon Valley, the Department of Professional Studies offers some of the most specialized programs in commerce, management, accountancy, actuarial sciences, and entrepre
Message from the HOD
Welcome to the Department of Professional Studies!
Nestled in the heart of India’s thriving startup ecosystem and Silicon Valley, the Department of Professional Studies offers some of the most specialized programs in commerce, management, accountancy, actuarial sciences, and entrepreneurship. We take pride in being a diverse and dynamic department, deeply committed to social responsibility and nation-building.
With a distinguished faculty comprising seasoned academicians, accomplished researchers, industry experts, and practicing professionals, we bring a wealth of domain expertise—from commerce to actuarial sciences. Our approach is both proactive and evolutionary, ensuring that our students remain at the forefront of academic excellence and professional success.
Beyond our esteemed faculty, our curriculum is seamlessly integrated with global and national professional bodies, ensuring academic rigor, relevance, and real-world applicability. Our student-centered pedagogy emphasizes conceptual knowledge alongside practical implementation in real-world scenarios. We foster a holistic learning experience by blending academics with corporate exposure and societal engagement through internships, volunteering, extracurricular activities, community projects, and industry interactions. This strategic approach yields profound and lasting benefits, shaping students into well-rounded professionals while making a meaningful impact on academia, society, and industry.
Our department takes immense pride in its illustrious alumni, who hold key positions across the globe, as well as our strong collaborations with professional bodies and corporate partners. Our commitment to nation-building is evident in flagship initiatives such as the Pan-India Insurance Literacy Project, Financial Literacy Project, and Digital Skilling Mission, all of which have garnered national and global recognition from ranking and regulatory bodies, as well as industry leaders.
As you explore your options for higher education, we invite you to become a part of the Department of Professional Studies and embark on a transformative journey toward academic and professional excellence.
Admission Process
- Register with your Email ID
- Login to the Admission Portal
- Fill the Application Form
- Pay Application Fee
- Entrance Test (If Applicable)
- Assessment
- Interview
- Check login page for result
- If selected, Offer Letter attached
- Pay Course Fee Online
- Complete Admission Process
Ready to Apply?
Applications for the 2026 batch are open. Deadline: 26-May-2026.