Actuarial Sciences after 12th: Students with interest towards statistical and mathematical principles that are used to maintain and assess the financial risk in industries like insurance and finance. Students can pursue this course after their 10 +2 examination with 60 % or higher marks in core subjects like Mathematics, while some university offers to conduct entrance exams to take enrollment in this course. Students from science and commerce streams are to study this course. The duration of this course is 3 – 4 years at undergraduate level.
The non-refundable fee for an undergraduate in Actuarial Science after 12th is INR 500 – INR 1500 as mentioned by the university offering this course. The actuarial science course can be done in INR 50,000 – INR 4,00,000 for a year. Students pursuing actuarial science after 12th salary can be expected in ranges between INR 4 LAKH – 6 LAKH at entry level, and as experience increases, there might be better pay.
Actuarial Science After 12th Admission 2025
Admission in this actuarial science after 12th is currently in progress for academic session 2025-26 for the interested students. The application form for this course is available till 15th April 2025. Students can get access to these admission forms through the official website of the university offering Actuarial Science courses. The duration of this course ranges from 3 – 4 years. It is a multidisciplinary course that focuses on concepts of mathematics and finance to provide for risk management. The course is provided at undergraduate level, diploma and certificate as well. The career paths students can pursue after they complete their courses are Pension Fund Manager, Life Insurance Consultant, Healthcare Finance Manager and many more.
Students can pursue Actuarial science after 12th in India in universities like Amity University, Gujarat University, Dr MGR Institute and many more.
Online Admission for Actuarial Science After 12th
To enrol in this course, students are urged to go through the official website of the university or institute that is offering this course. To be able to understand the whole procedure for enrollment, students need to go through the guidelines and the prospectus, if it is available on the website. The specific instructions need to be followed by the students for an easy enrollment process. Mostly, the admission procedure is initiated online for better accessibility for students across the country.
Down below are the step-wise instructions that must be followed by the students to get admission in Actuarial Science after 12th course through the online process of admission process:
- Step 1: Get access to the application form on the website of the university that student wants to study.
- Step 2: Register yourself on the website with the help of an email ID and mobile number.
- Step 3: This registration helps in frequent logins in the future as well, so fill it with utmost accuracy.
- Step 4: Students need to fill out the application form with accurate details, as false information may lead to rejection.
- Step 5: Scanning the documents required in the application form must be within the MB limits mentioned in the guidelines.
- Step 6: After carefully filling out the application form, students can pay the nonrefundable fee online through payment gateways.
- Step 7: Successful submission may generate an automated response to the email ID registered for confirmation.
Actuarial Science After 12th Courses About
The course involves students with various subjects like mathematics, statistics, Finance, Economics, and Risk management to evaluate and manage risk for the insurance and finance sectors. The duration of this Actuarial science after 12th undergraduate courses is 3 years, Diploma in Actuarial Science after 12th is 2 years in duration. There are professional certificate courses also available for this course. The fee structure of the course ranges between INR 20,000 – INR 2,00,000, depending on various factors. Actuarial science has specialisations in financial Accounting, statistics, Economics, Probability theory, Finance, Computer science and many more. Students can choose career opportunities in fields such as insurance, Consulting, Finance and Investment, Risk management, data science and analytics and many more.
Best Actuarial Science After 12th Universities
The university offering Actuarial science courses after 12th provides a specialised curriculum that focuses on statistics, mathematics, finance and actuarial science principles that are prominent around risk management. The universities have good professors in the faculty that are consistent in providing guidance and mentorship in higher education. Resources and infrastructure provided by the universities include libraries, computer labs and necessary research and study facilities.
Many universities have specific placement cells that are there to assist students and navigate them through the job placement process. The university caters to a friendly environment through industry connections with famous lectures, workshops and successful alumni that help students further in their initial years of professional career. The universities also provide internship opportunities to students in actuarial firms, providing practical experience and networking opportunities.
Actuarial Sciences After 12th Eligibility Criteria
These are a few points in Actuarial Science in India :
- Academic qualification: students with a certificate of 12th class from a recognised board
- Streams: students from science and commerce streams with mathematics or statistics
- Marks: Students with 60 % or higher can pursue this course
Actuarial Sciences After 12th Entrance Exams
- ACET: entrance exam held for actuarial science programs after 12th
- CUET: entrance exam conducted for undergraduate courses
- MAT: a national-level MBA exam
- CAT: a national examination held by IIM
- XAT: A national-level examination for MBA and PGDM programs
- CMAT: entrance exam for MBA and allied programs
- ATMA: a national exam held by AIMS
UG in Actuarial Course After 12th
The undergraduate courses in Actuarial science after 12th usually cover foundational mathematics, statistics and more specific courses in Insurance, risk management, finance, and economics. Degrees like Bachelor’s in Actuarial Science, B.Sc in Actuarial Science, BA (Hons) in Insurance and Banking, and B.Com in Actuarial Science are some of the most sought-after courses in this stream. These undergraduate courses in Actuarial science span 3 years.
To get admission in this course, students must have a 12th-class certificate with science or commerce subjects like mathematics or statistics. This course also requires qualification of entrance exams like ACET, CAT, MAT, XAT, ATMA and more. The actuarial science course fee ranges between INR 50,000 – INR 3,00,000 in India. Students are qualified for jobs as actuarial analyst, Actuarial Consultant, Actuarial pricing executive, Actuarial Manager and many more
Diploma in Actuarial Science After 12th
If students are having a hard time deciding whether this course is suitable for them or not, they can study Diploma courses in actuarial science after 12 th. Even though it provides more practical based knowledge-based, and skills in actuarial science. The duration of a Diploma is usually 1 year. The program covers areas like financial management, risk management, focusing more on actual application of actuarial methods. The diploma in actuarial science after 12th can provide students with an average salary of INR 2 LAKH – 5 LAKH.
The diploma in Actuarial Sciences after 12th fee structure ranges between INR 20,000 – INR 2 LAKH, depending on the institution and specialization being offered. Students can get professional qualifications through Institutes of Actuaries of India or Faculty of Actuaries, Amity University, IIRM Hyderabad, Gujarat University and many more.
Certificate in Actuarial Science After 12th
Certificates in Actuarial science help students gain foundational knowledge and skills required in risk management. The certificate courses are offered at various levels of foundational courses, Insurance-specific, Data Analysis and Programming courses. Some examples of actuarial science certificate courses are Certificate in Actuarial Science, IRCC and CAPF certificate courses in life insurance and Certified Insurance Anti-Fraud Professional. The duration of actuarial science advanced certificates ranges from 6 months – 18 months. The fee structure in actuarial science certificate courses ranges between INR 3,500 – INR 12,000. After this diploma course in Actuaries, students can work in various sectors like insurance, finance, consulting, and risk management. Career opportunities like Actuarial Manager, Actuarial Analyst, Actuarial Pricing Executive and many more.
Fee Structure of Actuarial Science After 12th
Down below, the table shows the universities offering actuarial science after 12th fee across India
| UNIVERSITIES | Total FEE |
| University of Mumbai | Approximately 40,000 (in Indian rupees) |
| Institute of Actuarial and Quantitative Studies | Approximately 25,000(In Indian rupees) |
| Thakur College of Science and Commerce | Approximately 1 LAKH to 2 Lakh (in indian rupees) |
| Amity University Noida | Approximately 3 Lakh to 5 Lakh (In indian rupees ) |
| Madras University | Approximately 40,000( In indian rupees) |
| Christ University | Approximately 5 Lakh to 6 lakh |
| Delhi University | Approximately 50,000 to 4 Lakh ( In indian rupees) |
Top Universities Offering Actuarial Science After 12th
List of Actuarial Science colleges in India offering Actuarial Science courses after 12th :
- Amity University
- Christ University
- Institute of Actuarial of India
- IMS Unison University
- Indian Institute of Technology Delhi
- Aligarh Muslim University
- Jamia Millia Islamia
- University of Madras
Best Job Option in Actuarial Science After 12th with Salary
The table represents the career options of Actuarial science after 12th in India, with a salary that can be expected at entry level. This will help students navigate their careers with ease of taking financial aspects in future.
| JOB PROFILE | FEE STRUCTURE |
| Actuarial Specialist | INR 10 LAKH PER ANNUM |
| Auditor | INR 5 LAKH PER ANNUM |
| Actuarial Manager | INR 20 LAKH PER ANNUM |
| Business Analyst | INR 10 LAKH PER ANNUM |
| Risk Analyst | INR 8 LAKH PER ANNUM |
| Investment Analyst | INR 12 LAKH PER ANNUM |
Actuarial Sciences after 12th FAQs
Q1. Can students study actuarial science after 12th?
Ans. Yes, students can study actuarial science after completion of 12th exams with mathematics or statistics as mandatory subjects.
Q2. What is the salary of Actuarial Sciences after 12th in India?
Ans. Actuarial science after 12th salary can range between INR 4 LAKH – 8 LAKH per annum.
Q3. What are the eligibility criteria of Actuarial Sciences after 12th?
Ans. Students with 12th certificates can appear for entrance exams such as ACET , CAT MAT and other state-level entrance exams.
Q4. Can a PCM student pursue Actuarial Sciences after 12th?
Ans. Yes, a student of PCM with mathematics or statistics can pursue Actuarial Sciences after 12th.
Q5. What is the highest salary of a graduate of actuarial science after 12th?
Ans. The salary of Actuarial Sciences after 12th can range between 15 lakh – 25 lakh for an experienced professional.