Eligibility for Actuarial Science

Deepanshu Bhalla Add Comment
The Actuarial Society of India and Institute of Actuaries, UK are professional examining bodies engaged in education in actuarial science.

A person is eligible for admission as a student member if he/she satisfies one of the following criteria:

1. Passed 10+2(H.S.C) or equivalent with at least 85% in Mathematics/Statistics
2. Graduate or Post Graduate with Mathematical subjects.

For this purpose following subjects constitute mathematical subjects:

  • Mathematics or any of its branches 
  • Statistics or any one of its sub classifications 
  • Computer Science 
  • Any discipline of Engineering 
  • Subject in Science Such as Physics or its branches 

The admission under these groups will, however be subject to the following conditions:

  • The total marks secured in the subject coming under the clarification of mathematical subjects taken together in all the years of the Degree course not less than 55%
  • The content of Mathematical subjects content in all the years of the course taken together is not less than 50% of the total content
3. Fully qualified members of the following bodies in their respective countries

  • Institute of Chartered Accountants
  • Institute of Cost and Work Accountants
4. A student member from the following actuarial bodies provided at least one subject
has been passed from the bodies (not on exemption basis)

  • Institute and Faculty of Actuaries, UK
  • Institute of Actuaries of Australia
  • Society of Actuaries, USA
  • Casualty Actuarial Society, USA
Please note that medium of instruction in final state of examination based on which admission is sought should be English.

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About Author:
Deepanshu Bhalla

Deepanshu founded ListenData with a simple objective - Make analytics easy to understand and follow. He has over 10 years of experience in data science. During his tenure, he worked with global clients in various domains like Banking, Insurance, Private Equity, Telecom and HR.

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