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Bachelor of Science (B. Sc.) - Actuarial Sciences


What is Actuarial Science?

Actuarial science is the application of mathematical skills to social sciences for solving the important issues for insurance industry, government, business and academic research. Actuaries use statistics to predict uncertain events such as insurance policy income, pension scheme payouts and stock market performance. Being actuarist is a good insurance for those who look at numbers, know how to analyses risk. Are you the kind of person who loves crunching numbers and solving mathematical problems? If yes, the unusual profession of an actuary is for you. A foreign degree in it is only going to appreciate in value. Actuarial science is the discipline of applying advanced mathematical and statistical modeling software techniques to assess risk in the insurance and finance industries, to forecast the cost and probability of an event. According to the latest survey conducted by government of India, the demand for professionals in the actuary segment will see a 26% growth between 2012 and 2022, much higher than average. Actuarial science professionals are among the highest paid in India, the US, the UK, and New Zealand. Their annual average salary in India goes up to Rs 66 lakh, and their demand is going to increase in the coming years.

Why Study Actuarial Science?

One should consider studying actuarial science at university. If one is interested in the mathematics of finance, probability theory, statistics, finance, economics and computer science, and has a particular strength in mathematics. A growing number of universities are beginning to offer the course and career prospectus at the end of your studies are bright. The demand for actuaries exceeds supply currently, so one could reasonably expect to enter well-paid jobs.

Best B. Sc. - Actuarial Sciences College in Punjab

Academic Excellence

  • Industry Oriented Curriculum Comparable with World’s Top Universities
  • Flexible Choice Based Credit System (FCBCS)
  • Project Based & Experiential Learning
  • More Than 70 Open Electives To Pursue Inner Delight
  • Advanced Technologies & Integration For Premium Placements
B. Sc. - Actuarial Sciences College in North India


  • Chandigarh University Scholarship Admission Test (CU-SAT)
  • Merit Based Scholarships For Academic Session
  • Scholarship Scheme For Wards Of Defence Personnel Armed Forces Educational Welfare Scheme (Afews)
  • Sports Based Scholarships/Freeships
  • Other Important Scholarship Schemes

Eligibility & Fee Details

Eligibility -10+2 examination or its equivalent with minimum aggregate of 50% marks (45% in case of SC/ST category) alongwith one of the following subject: Mathematics/Business Mathematics.

Program Fee Amount
Semester Fee 35000/- INR
Parameters CUSAT Scholarship Amount Amount to pay after CUSAT Scholarship
100% of semester fees
Top 1% students on the basis of merit
35000/- INR Nil
50% of semester fees
Next 2% students on the basis of merit
17500/- INR 17500/- INR
25% of semester fees
Next 3% students on the basis of merit
8750/- INR 26250/- INR
10% of semester fees
Next 4% students on the basis of merit
3500/- INR 31500/- INR
* The students who will score 60% or more marks in CU-SAT will be offered at least 5% scholarship in the course fee.
Other Fee Details Amount
Uniform Fee (One Time) 2900/- INR
Fee Regular Exam (Sem Wise) 1500/- INR
Refundable Security (One Time) 2000/- INR
CU Fest (Anually) 500/- INR
Other Charges 150/- INR
Pathway After Non Medical

Upon completion of Bachelors of Science in Non Medical, one can either opt for higher studies or can take-up a job in either public or private sector organization. This outset opens thriving opportunities for the candidates in the diversity of areas including teaching, research & development, IT companies and more.

Course info

Level of Study Under-Graduate

Institute University Insittue of Sciences

Duration 3 years full-time

Start August


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