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B.Sc. Actuarial and Financial Mathematics: Course, Career, Salary, Duration, Scope

B.Sc. Actuarial and Financial Mathematics or Bachelor of Science in Actuarial and Financial Mathematics is an undergraduate Actuarial Science course. Actuarial and financial mathematics gives career opportunities in the business market and at investment institutions like banks and insurance companies.

This program builds the student’s career for professional careers as actuaries or financial engineers. Activities included in this course are long-term capital projects, designing the benefits of medical schemes, the management of pension funds, the determination of contributions and financial management on a sound long-term basis, the evaluation of investments in shares, property and other transactions, and the determination of the premiums and reserves for outstanding claims of insurers.

The degree course also includes money markets, financial instruments, financial planning, banking, and corporate financial management; essential working knowledge for executives in the financial industry.

Bachelor of Science in Actuarial and Financial Mathematics

Duration:3 Years
Level:Graduation
Type:Degree
Eligibility:10+2

B.Sc. Actuarial and Financial Mathematics Eligibility  

Latest Applications For Various UG & PG Courses Open 2020:

    1. Bennett University (Times Group), Admission Open for 2020. Apply Now
    2. Manav Rachna University, Haryana – 2020 UG & PG Admission Open. Apply Now
    3. LPU, Punjab Admissions 2020 Open | Secure Your Admission Online‎. Apply Now
    4. Chandigarh University, Punjab 2020 Admission Open for all Courses. Apply Now
    5. Sharda University, Admission Open 2020, Few Days left. Apply Now
    6. MIT World Peace University, Admissions Open for All Courses 2019-20. Apply Now
    7. St. Andrew’s Institute of Technology and Management, Admission open 2020. Apply Now
    8. GD Goenka, Admission Open for UG & PG Courses. Apply Now
    9. Shiv Nadar University, Greater Noida Open for All Courses. Apply Now
  • Students who have passed 12th Standard/HSC/10+2 (or equivalent Level of Examination) from any recognized Board.

B.Sc. Actuarial and Financial Mathematics Syllabus

Syllabus of Actuarial and Financial Mathematics by various Universities and Colleges is:

Sem. I
Sr. No.Subjects of Study
1Calculus I
2Computer Fundamentals
3Professional Communication
4Management Process
Sem. II
1Calculus II
2Introduction to Actuarial Mathematics
3Fundamentals of Accounting
4Environmental Studies
5Excel for Business
Sem. III
1Vector Calculus
2Linear Algebra
3Mathematics and Art
4Introduction to Concepts of Peace and Conflict
5Principles of Economics
Sem. IV
1Probability Theory
2Differential Equations
3Real Analysis
4Financial Management
5Programming Concepts
Sem. V
1Statistics
2Optimization
3Introduction to Numerical Methods
4Abstract Algebra
Sem. VI
1Models
2Insurance
3Financial Derivatives

B.Sc. Actuarial and Financial Mathematics College

  • Islamic University of Science and Technology, Pulwama

B.Sc. Actuarial and Financial Mathematics Course Suitability

  • Students should possess mathematical skills, communication skills, and time management skills. Skills like Statistics and financial methods to assess future financial uncertainties are also important.
  • They should have skills as an actuary works in writing reports, summarising findings and presenting them to senior management are key tasks.

B.Sc. Actuarial and Financial Mathematics Course scope

  • The program develops the student’s skills to design and analyze financial products.
  • Career opportunities are posted as an actuary, combining financial and actuarial mathematics with statistical techniques and business topics.
  • It makes its graduate students be professionals who use mathematical models to analyze and solve financial problems under uncertainty.

B.Sc. Actuarial and Financial Mathematics Employment Sectors

  • Colleges & Universities
  • Banks and Insurance
  • Stock Markets
  • Company Administration Jobs

B.Sc. Actuarial and Financial Mathematics Job Types

Latest Applications For Various UG & PG Courses Open 2020:

    1. Bennett University (Times Group), Admission Open for 2020. Apply Now
    2. Manav Rachna University, Haryana – 2020 UG & PG Admission Open. Apply Now
    3. LPU, Punjab Admissions 2020 Open | Secure Your Admission Online‎. Apply Now
    4. Chandigarh University, Punjab 2020 Admission Open for all Courses. Apply Now
    5. Sharda University, Admission Open 2020, Few Days left. Apply Now
    6. MIT World Peace University, Admissions Open for All Courses 2019-20. Apply Now
    7. St. Andrew’s Institute of Technology and Management, Admission open 2020. Apply Now
    8. GD Goenka, Admission Open for UG & PG Courses. Apply Now
    9. Shiv Nadar University, Greater Noida Open for All Courses. Apply Now
  • Risk Manager
  • Investment Analyst
  • Credit Manager
  • Investment Banker
  • Financial Analyst
  • Treasurer
  • Fund Manager
  • Credit Analyst
  • Financial Planner
  • Investment Broker
  • Financial Trader

For any other queries about B.Sc. Actuarial and Financial Mathematics, you can leave your queries below in the comment box.

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  1. Imad says:

    What is the highest amount of salary you can get with bsc AFM

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