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B.Com Actuarial Management

B.Com. (Actuarial Management)

Do you want to formulate insurance policies and calculate the premium to be charged? Do you want to formulate a sum which is advantageous to the company as well as the customer in the event of death, injury, sickness, disability and property loss? Then, you should study B.Com Actuarial Management course. Learn more about this course here.

Course Name: B.Com Actuarial Management
Group: B.Com.
Stream: Business & Management
Course Category: Commerce
Duration: 3 years

About the course

It is an undergraduate course in Commerce. Actuarial Management is the discipline that applies statistical and mathematical method to assess risk in the insurance and finance industries. It also includes many interrelating subjects like finance, economics, probability, computer programming, financial economics, mathematics and statistics.

Eligibility Criteria

The basic eligibility criteria for pursuing B.Com Actuarial Management course is a pass degree in 10+2 or Higher Secondary Examination or its equivalent exam in Commerce stream with subjects like Commerce and Accounts, etc. from a recognized college or university.

The marks of admission for this college may vary from university to university. In various colleges it conducts entrance examination plus interview and percentage of 12th class for admission purpose.

Course Duration

The duration of B.Com Actuarial Management course is of 3 years which is divided into six semesters, with each semester lasting for a period of six months.

B.Com Actuarial Management 2024 - 2025 Admissions/Application Enquiry

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B.Com Actuarial Management - Colleges & Admission Notifications

Find the list of colleges offering B.Com Actuarial Management course. Check out individual college websites to know more about the admission for 2024 - 2025 academic year. You may download the application form and course details from the official college website.

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Who is suitable for B.Com Actuarial Management course

  • Those students who are interested in economic activities such as commerce, trade, industry, management and its related areas are most suitable for this course.
  • Those who are willing to go for teaching fields at higher degree levels both in private and government college and universities.
  • Candidates with a high degree of aptitude for mathematics and statistics can go for this course.
  • The other necessary skills include ability to use computers and related technology, good communication skills, practical outlook, a curious bent of mind, good business sense, the ability to work on its own, team player and self motivated.

Advantages or benefits of B.Com Actuarial Management course

  • Interested candidates can go for further higher degree programs such as Master's degree.
  • After completion of the course, candidates can have jobs regarding the formulating policies and calculating the premium to be charged.
  • For this task, they analyze data to estimate the probability of such eventualities as death, injury, sickness, disability and property loss and formulate a sum which is advantageous to the company as well as the customer.
  • They also work in the areas of employee benefits and retirement / pension schemes. The actuary managers calculate the amount of money to be paid as contribution to pension fund to generate a certain level of income post retirement.
  • They also have bright job opportunities in the field of life insurance, health insurance, general insurance, reinsurance companies, investment consultancies, pension and employee benefits, risk management, stock exchanges, banks, private and government agencies.

B.Com Actuarial Management Admissions for 2024 - 2025 Academic Year

Are you looking for admissions for B.Com Actuarial Management for the academic year 2024 - 2025? We can connect you with the right colleges and universities offering B.Com Actuarial Management courses in your preferred locations.

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