B.Sc. Actuarial Science & Finance - Brochure

Sep 2, 2026

Semester-wise B.Sc. program brochure for Actuarial Science and Finance, listing core and applied subjects across six semesters. The curriculum covers financial mathematics, applied statistics, business economics, financial engineering, risk management, business finance, and professional communication and ethics. It also includes programming and analytics tools such as R, Python, SQL, Excel, VBA, and model documentation and reporting, plus specialization modules for actuarial science and finance. A career path section maps roles to entry-, mid-, and senior-level salary ranges in INR, supporting planning for investment banking, quantitative research, risk consulting, and related positions.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages17

Reading Time43 min

AccessFree to download

Semester 1

Financial Mathematics 1

Applied Mathematics

Applied Statistics 1

Business Economics 1

Written Communication

Ethics & Professionalism

Indian Knowledge System

Co-curricular

Semester 2

Financial Mathematics 2

R Programming

Applied Statistics 2

Business Economics 2

Excel

Spoken Communication

Ethics and Professionalism

Co-curricular

Semester 3

Financial Engineering 1

Risk Management 1

Business Finance 1

Psychology of Financial Decisions

Python & SQL

Modern Indian Language

Co-curricular

Semester 4

Financial Engineering 2

Risk Management 2

Business Finance 2

Model Documentation & Reporting

Financial Modelling in Excel

Modern Indian Language

Co-curricular

Semester 5

Risk Management 3

BFSI Regulations

Advance Excel with VBA

Life Contingency with Excel 1

Portfolio Management 1

Statistical Modelling 1

Alternative Investments 1

Stochastic & Survival Models

Business Finance 3

Internship

Semester 6

Risk Management 4

Predictive Analytics & Machine Learning

Life Contingency with Excel 2

Portfolio Management 2

Statistical Modelling 2

Alternative Investments 2

Advanced statistical application in R

Technical & Fundamental Analysis (using Bloomberg Terminal)

Industry Problems Case Study

Career Path

Entry-Level Salary (INR)

Mid-Level Salary (INR)

Senior-Level Salary (INR)

| Semester 1 | | | --- | --- | | 1 | Financial Mathematics 1 | | 2 | Applied Mathematics | | 3 | Applied Statistics 1 | | 4 | Business Economics 1 | | 5 | Written Communication | | 6 | Ethics & Professionalism | | 7 | Indian Knowledge System | | 8 | Co-curricular | | Semester 2 | | | --- | --- | | 1 | Financial Mathematics 2 | | 2 | R Programming | | 3 | Applied Statistics 2 | | 4 | Business Economics 2 | | 5 | Excel | | 6 | Spoken Communication | | 7 | Ethics and Professionalism | | 8 | Co-curricular | | Semester 3 | | | --- | --- | | 1 | Financial Engineering 1 | | 2 | Risk Management 1 | | 3 | Business Finance 1 | | 4 | Psychology of Financial Decisions | | 5 | Python & SQL | | 6 | Modern Indian Language | | 7 | Co-curricular | | Semester 4 | | | --- | --- | | 1 | Financial Engineering 2 | | 2 | Risk Management 2 | | 3 | Business Finance 2 | | 4 | Model Documentation & Reporting | | 5 | Financial Modelling in Excel | | 6 | Modern Indian Language | | 7 | Co-curricular | | Semester 5 | | | | --- | --- | --- | | 1 | Risk Management 3 | | | 2 | BFSI Regulations | | | 3 | Advance Excel with VBA | | | | (Specialisation: Actuarial Science) | (Specialisation: Finance) | | 4 | Life Contingency with Excel 1 | Portfolio Management 1 | | 5 | Statistical Modelling 1 | Alternative Investments 1 | | 6 | Stochastic & Survival Models | Business Finance 3 | | 7 | Internship | | | Semester 6 | | | | --- | --- | --- | | 1 | Risk Management 4 | | | 2 | Predictive Analytics & Machine Learning | | | | (Specialisation: Actuarial Science) | (Specialisation: Finance) | | 3 | Life Contingency with Excel 2 | Portfolio Management 2 | | 4 | Statistical Modelling 2 | Alternative Investments 2 | | 5 | Advanced statistical application in R | Technical & Fundamental Analysis (using Bloomberg Terminal) | | 6 | Industry Problems Case Study | | | Career Path | Entry-Level Salary (INR) | Mid-Level Salary (INR) | Senior-Level Salary (INR) | | --- | --- | --- | --- | | Investment Banking Analyst (Support Roles) | ₹6 – ₹11 LPA | ₹15 – ₹25 LPA | ₹35 – ₹60+ LPA | | Quantitative Research Analyst | ₹6 – ₹12 LPA | ₹18 – ₹28 LPA | ₹40 – ₹75+ LPA | | Corporate Finance Analyst (CFA Pathway) | ₹6 – ₹12 LPA | ₹18 – ₹30 LPA | ₹40 – ₹70+ LPA | | Financial Risk Consultant / Strategy Analyst | ₹5.5 – ₹10 LPA | ₹14 – ₹25 LPA | ₹35 – ₹60+ LPA | | Credit Risk Analyst (FRM Pathway) | ₹6 – ₹11 LPA | ₹15 – ₹28 LPA | ₹35 – ₹60+ LPA | | Actuarial Analyst | ₹4.5 – ₹8 LPA | ₹10 – ₹20 LPA | ₹30 – ₹60+ LPA | | Data Analyst – BFSI Sector | ₹4.5 – ₹9 LPA | ₹12 – ₹22 LPA | ₹30 – ₹55+ LPA | | Investment Analyst | ₹5 – ₹10 LPA | ₹15 – ₹25 LPA | ₹30 – ₹70+ LPA | | Analytics Consultant | ₹5 – ₹10 LPA | ₹12 – ₹22 LPA | ₹30 – ₹55 LPA | | Risk Analyst / Risk Manager | ₹5 – ₹9 LPA | ₹12 – ₹22 LPA | ₹25 – ₹50 LPA | | Financial Modeller | ₹5.5 – ₹10 LPA | ₹12 – ₹20 LPA | ₹30 – ₹50+ LPA | | Business Valuation Analyst | ₹5.5– ₹10 LPA | ₹12 – ₹20 LPA | ₹30 – ₹45+ LPA | | Product Actuary | ₹6 – ₹12 LPA | ₹18 – ₹30 LPA | ₹40 – ₹80+ LPA | | Capital Modelling / Solvency Analyst | ₹6.5 – ₹13 LPA | ₹15 – ₹25 LPA | ₹35 – ₹65 LPA | | --- | --- | --- | --- | | Catastrophe or Climate Risk Modeler | ₹6 – ₹11 LPA | ₹15 – ₹25 LPA | ₹35 – ₹60 LPA | | Pricing Analyst (Insurance / Finance) | ₹5 – ₹9 LPA | ₹12 – ₹20 LPA | ₹30 – ₹50 LPA | | Treasury Analyst | ₹5 – ₹9 LPA | ₹12 – ₹22 LPA | ₹30 – ₹50+ LPA | | Pension or Retirement Benefits Analyst | ₹4.5 – ₹7.5 LPA | ₹10 – ₹18 LPA | ₹25 – ₹40 LPA | | Health Insurance Data Analyst | ₹4 – ₹7 LPA | ₹10 – ₹18 LPA | ₹25 – ₹40 LPA | | Insurance Underwriting Analyst | ₹5 – ₹8 LPA | ₹12 – ₹20 LPA | ₹30 – ₹50 LPA |

FAQs

What subjects are included in Semester 1 of the B.Sc. Actuarial Science & Finance program?

Semester 1 includes Financial Mathematics 1, Applied Mathematics, Applied Statistics 1, Business Economics 1, Written Communication, Ethics & Professionalism, Indian Knowledge System, and a co-curricular component.

Which programming tools and analytics technologies are taught across the semesters?

The program covers R, Python & SQL, and R programming, along with Excel and VBA, plus predictive analytics and machine learning modules. It also includes technical and fundamental analysis using the Bloomberg Terminal.

How does the brochure describe career outcomes and salary ranges?

A career path section lists multiple roles and provides salary ranges for entry-level, mid-level, and senior-level positions in INR, including roles such as investment banking analyst, quantitative research analyst, risk consultant/strategy analyst, actuarial analyst, and financial modeller.

Sep 2, 2026

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