Content Curator | Updated on - Mar 31, 2026

The B.Sc. (Actuarial Science) at Amity University, Noida, is a 3-year full-time undergraduate degree programme offered by the Amity School of Insurance, Banking and Actuarial Science (ASIBAS), Program Code: 10831. The programme provides a strong foundation in risk assessment, statistical analysis, financial modelling, probability, actuarial mathematics, and programming (R and Python), preparing students for careers as actuaries, risk analysts, insurance underwriters, and financial consultants. The total programme fee is Rs. 4.14 Lakhs for the 3-year duration, and the course is delivered entirely on campus. Actuarial Science is one of the most sought-after and well-paying career paths in India, with a significant shortage of qualified actuaries. The average Class XII aggregate of admitted students in the last batch was 84%, reflecting the competitive nature of admissions.

Admissions for the 2026-27 batch are currently ongoing. The current round of applications closes on 31st March 2026. Candidates are advised to apply at the earliest through the official Amity admissions portal. The batch is expected to commence in July/August 2026.

Key Points

Offered by ASIBAS (Amity School of Insurance, Banking and Actuarial Science), one of the few dedicated actuarial science schools in India.
Curriculum covers probability and mathematical statistics, actuarial economics, life contingencies, actuarial mathematics, financial statement analysis, survival modelling, non-life actuarial mathematics, and statistical risk modelling.
Students are trained in programming skills using R and Python, Excel for actuaries, and Macro creation with VBA and Microsoft BI, making them industry-ready.
Includes a Summer Internship (Semester 5) providing real-world exposure in insurance, finance, or consulting firms.
Graduates are eligible to appear for IAI (Institute of Actuaries of India) and IFoA (Institute and Faculty of Actuaries, UK) professional examinations, with the B.Sc curriculum aligned to actuarial exam syllabi.

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FAQs

Amity Noida B.Sc Actuarial Science Fees

The total tuition fee for the B.Sc. (Actuarial Science) programme at Amity University, Noida, is Rs. 4.14 Lakhs for the entire 3-year duration, payable at Rs. 1.38 Lakhs per year (Rs. 69,000 per semester under the non-sponsored category). Hostel accommodation is available on campus but is optional; hostel fees range from Rs. 85,000 per annum (Non-AC) to Rs. 1,60,000 per annum (AC), charged separately over and above the tuition fee.

Fee Components

Fee Component	Amount (INR)
Tuition Fee (Per Semester - Non-Sponsored)	69,000
Tuition Fee (Per Semester - Sponsored)	1,03,500
Total Tuition Fee (3 Years - Non-Sponsored)	4,14,000
Total Tuition Fee (3 Years - Sponsored)	6,21,000
Hostel Fee - Non-AC (Per Annum)	85,000
Hostel Fee - AC Bunk (Per Annum)	1,15,000
Hostel Fee - AC (Per Annum)	1,60,000
Total Fees (Tuition Only - Non-Sponsored)	4,14,000
Total Fees (Tuition + Non-AC Hostel for 3 Years)	6,69,000

Hostel fees are optional and not included in the standard total tuition fee.
Security deposit is refundable at the time of leaving the university.
Scholarships do not cover security deposit or boarding and lodging costs.
Students are required to pay full fees initially; scholarship adjustments (if applicable) are made against Semester II payment.
Sponsored category fees apply to students sponsored by an employer/organisation.

Amity Noida B.Sc Actuarial Science Admission 2026

Admissions to the B.Sc. (Actuarial Science) programme at Amity University, Noida, are currently open for the 2026-27 batch. The selection process involves submission of an application form followed by a personal interview. CUET scores are accepted for merit-based scholarship consideration. The average Class XII aggregate of admitted students in the last batch was 84%, indicating a competitive admission environment. Candidates with strong Mathematics backgrounds are preferred.

College Admission Dates

Event	Date
Application Start Date	November 2025
Round 1 Application Deadline	March 31, 2026
Last Date of Admission (2025 batch reference)	October 15, 2025
Personal Interview (Ongoing, post application)	Rolling basis
Expected Batch Commencement	July/August 2026 (Tentative)
Scholarship Application Deadline	August 31, 2026

Entrance Exam Dates

Exam	Event	Date
CUET UG 2026	Registration Start	January 3, 2026
CUET UG 2026	Registration End	February 26, 2026
CUET UG 2026	Exam Date	May 11 - May 31, 2026
CUET UG 2026	Result	July 4, 2026 (Tentative)
IAI ACET June 2026	Registration Start	February 10, 2026
IAI ACET June 2026	Registration End	May 14, 2026
IAI ACET June 2026	Exam Date	June 13, 2026
IAI ACET June 2026	Result	June 23, 2026
IAI May 2026 Actuarial Exams	Exam Period	May 19 - May 29, 2026
IAI November 2026 Actuarial Exams	Exam Period	October 24 - November 4, 2026

Note: CUET scores are accepted at Amity University Noida for merit-based scholarship consideration but are not mandatory for admission. ACET (Actuarial Common Entrance Test) is the entry-level exam conducted by IAI for students wishing to become student members of IAI and begin their actuarial career. Passing ACET is not mandatory for admission to B.Sc. Actuarial Science at Amity, but is recommended for students planning to pursue the actuarial fellowship pathway.

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

Candidates must have passed Class XII (10+2) from a recognised board with a minimum aggregate of 60% and a minimum of 60% in Mathematics.
Alternatively, enrolled student members of the Institute of Actuaries of India (IAI) or the Institute and Faculty of Actuaries, UK (IFoA), are also eligible.
Aggregate is calculated on the basis of marks in English and three academic subjects (excluding second language, Physical Education, Fine Arts, Performing Arts, or vocational/non-written subjects).
Candidates appearing in Class XII final examinations may also apply provisionally.

Admission Process

Fill and submit the online application form at the Amity admissions portal (noida.amity.edu/admissions-2026/).
Shortlisted candidates are called for a Personal Interview.
Final selection is based on Class XII academic merit (especially Mathematics performance) and interview performance.
Selected candidates must complete the fee payment and document verification to confirm admission.
Scholarship applications must be submitted with original marksheets to the Admissions Office by October 31, 2026.

Amity University Noida: Students' Opinion

AI-Generated Summary based on 5 Reviews

The college provides strong placement opportunities, with companies such as Swiss Re and Deloitte hiring BSc and MSc students. Average salary packages range from Rs. 4 to Rs. 7 lakh per annum. Students can also secure 6-month internships with stipends between Rs. 25,000 and Rs. 35,000 per month, potentially leading to permanent roles. Positions like Actuarial Intern and Actuarial Analyst are available. Participation in college activities, like debates, and the rakhi center for excellence enhance student profiles.

The annual fee for non-sponsored students is about Rs. 88,000. Scholarships are offered up to 100% for top performers, with decreasing percentages for other high-ranking students. The total course fee for three years ranges from Rs. 3 to Rs. 3.25 lakh, with a fixed fee structure initially and a 5% increase per semester. A security deposit of Rs. 20,000 is mandatory. Scholarships are also available for students scoring over 95% in their 12th-grade exams.

Free education is offered to students who lost a parent due to COVID-19. The average placement package is between Rs. 3.5 and Rs. 5 lakh per annum, with additional campus job opportunities. Professional degree courses incur extra costs, including exam fees of around Rs. 20,000 per exam for 13 exams.

By Collegedunia’s Personal AI

Amity Noida B.Sc Actuarial Science Scholarships 2026

Amity University, Noida, offers merit-based scholarships for B.Sc. (Actuarial Science) students based on Class XII performance. Scholarships are granted after joining the programme on verification of original documents. Students with 95% or above in Class XII (CBSE/ISC) are eligible for a 100% tuition fee waiver in the first year, while those with 90%-94.9% receive a 50% waiver. CUET-based scholarships are also available for eligible students.

Scholarship Details

Scholarship	Eligibility	Amount
Merit-Based Scholarship (Class XII)	95% and above aggregate in CBSE/ISC Class XII	100% of Tuition Fee (1st Year)
Merit-Based Scholarship (Class XII)	90%-94.9% aggregate in CBSE/ISC Class XII	50% of Tuition Fee (1st Year)
CUET-Based Scholarship	Top CUET scorers (as per Amity criteria)	Up to 100% of Tuition Fee
Sports Scholarship	International/National level sports achievement	25% to 100% of Tuition Fee
Martyr's Scholarship	Wards of deceased defence/paramilitary personnel	100% of Tuition Fee

Scholarships are applicable on tuition fee only; security deposit and hostel/boarding charges are excluded.
Scholarship is granted on an annual basis; continuation in subsequent years depends on academic performance (top 5% for 100%, top 10% for 50%).
Candidates must approach the Admissions Office with original marksheets by October 31, 2026, to avail the scholarship.
Students must pay full fees initially; scholarship amounts are adjusted against Semester II payment.
Limited scholarship seats are available on a first-come, first-served basis.

Amity University Noida B.Sc Actuarial Science Ranking

Collegedunia Ranking

#102 out of 280 in India 2025

#2nd in Uttar Pradesh

Indiatoday Ranking

#62 out of 217 in India 2025

#1st in Uttar Pradesh

The Week Ranking

#51 out of 100 in India 2025

#1st in Uttar Pradesh

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Amity Noida B.Sc Actuarial Science FAQs

Ques. What is ACET and is it required for admission to B.Sc. Actuarial Science at Amity Noida?

Ans. ACET (Actuarial Common Entrance Test) is the entry-level examination conducted by the Institute of Actuaries of India (IAI) for students who wish to become student members of IAI and begin their actuarial fellowship journey. Passing ACET is NOT mandatory for admission to B.Sc. Actuarial Science at Amity Noida. However, students are strongly encouraged to appear for ACET during their programme, as IAI student membership is required to appear for professional actuarial exams (CT/CS series).

Ques. How many actuarial exams can a student clear during the B.Sc. programme at Amity Noida?

Ans. The B.Sc. curriculum at ASIBAS is aligned with the IAI and IFoA actuarial exam syllabi. Motivated students can typically clear 2-4 actuarial subject exams (from the CS, CM, CB series) during the 3-year programme, depending on their preparation and exam schedule. The university's curriculum in probability, statistics, financial mathematics, and actuarial mathematics directly supports preparation for these exams.

Ques. What are the career opportunities after B.Sc. Actuarial Science from Amity Noida?

Ans. Graduates can pursue careers as actuaries, risk analysts, insurance underwriters, financial consultants, data scientists, and investment analysts in insurance companies, consulting firms, banks, asset management companies, and government regulatory bodies (IRDAI, PFRDA). India has a significant shortage of qualified actuaries, making this one of the highest-paying career paths in the financial sector.

Ques. Is Mathematics the only subject required in Class XII for B.Sc. Actuarial Science admission?

Ans. Yes, Mathematics is the primary subject requirement. Candidates must have a minimum of 60% in Mathematics in Class XII, along with an overall aggregate of 60%. There is no specific stream requirement (Science/Commerce), so students from both PCM and Commerce with Mathematics backgrounds are eligible.

Ques. What is the difference between B.Sc. Actuarial Science and B.Sc. Statistics at Amity Noida?

Ans. B.Sc. Actuarial Science is specifically designed for students aiming for a career in insurance, risk management, and financial modelling, with a curriculum aligned to professional actuarial exams (IAI/IFoA). B.Sc. Statistics is a broader programme covering statistical theory, data analysis, and research methodology, suitable for careers in data analytics, research, and academia. Actuarial Science has a more defined professional pathway (fellowship exams), while Statistics offers more flexibility across industries.

Ques. What is the scope of actuarial science in India and how does Amity Noida prepare students for it?

Ans. India has fewer than 500 fully qualified Fellows of the Institute of Actuaries of India (FIAI), against a demand for thousands, making it one of the most lucrative and in-demand professions. Amity ASIBAS prepares students through a curriculum aligned with IAI exam syllabi, training in R, Python, Excel, and VBA, a summer internship in the insurance/finance sector, and exposure to real-world risk modelling and financial analysis. Graduates who clear multiple actuarial exams during their degree are highly sought after by leading insurance companies and consulting firms.