Eligibility for Actuarial Science

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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