Actuarial Science After 12th Course
Shweta raikwar
By Shweta raikwar
3 min read
August 12, 2025

Actuarial Science After 12th Admission 2025 | Duration, Fees, & Eligibility

Actuarial Science After 12th 2025: Students applying for an Actuarial Science course would get an understanding of financial management by using statistical methods and mathematics.

Table of Contents

It covers different topics such as financial risk, management of finance, assessing risk in pension, insurance, etc. Applicants will get multiple job opportunities after this course, including Actuarial Product Management, Senior Executive Actuarial, Financial Advisor, etc. The top universities that provide admission to actuarial science are the Institute of Actuaries of India, the University of Delhi, the Indian Institute of Technology, Delhi, Amity, Christ University, etc

Highlights of Actuarial Science After 12th 2025

Course Name

Actuarial Science 

Course Duration

2 years to 3 years 

Approved

AIA (Institute of Actuaries of India)  

Fees Structure

INR 20,000 to INR 2,00,000

Admission Mode 

Online 

Actuarial Science After 12th Admission 2025

Actuarial Science Admission 2025: Admission is ongoing for the actuarial science program. Last date for admission is 10th August 2025*. Students who are interested in pursuing this program must meet the eligibility criteria set by the individual university. Students need to have a 12th marksheet with at least a 50% score in mathematics, economics, and statistics subjects from a recognized board. However, students need to clear an entrance test for admission, like the Actuarial Common Entrance Test (ACET), CUET UG, CUET PG, etc.

All students are required to meet the eligibility requirements for admission to this program. Registration fee for actuarial science is INR 1,500 to INR 3,000, approx. The total fee of the actuarial program after 12th will be between INR 20,000 to INR 2,00,000, which can be paid online using a credit card, debit card, Paytm, net banking, etc.

Actuarial Science after the 12th Course

In India, students can pursue actuarial science courses after 12th at two levels, certificate and undergraduate. Those who are interested in applying for admission to this program can read the following list mentioned below of actuarial science courses details.

Certificate Level

Course Name

Eligibility Criteria Required

Certificate in Actuarial Science

10+2 with a minimum score of 60%

Undergraduate Level

Course Name

Eligibility Criteria Requirement

BSc in Actuarial Science

Passed 10+2 with a minimum aggregate score of 50-60% 

BBA in Actuarial Science

Higher Education certificate in mathematics and statistics

Quick Fact About Actuarial Science after 12th

  • Eligibility Requirements: Students applying to a UG program in Actuarial courses should have a 10+2 in Mathematics, Economics, and Statistics. Those applying for a PG-level Actuarial Science course must hold a B.Sc. An Actuarial Science degree with a minimum of 50% marks.

  • Course Duration: The Actuarial Science Course duration is around 3 years for an Undergraduate level and 2 years for a Postgraduate Actuarial Science course. The actuarial science course duration depends on the course types, like UG, Diploma, and certification. So students should check the actuarial science course duration according to their course.

  • Entrance Examination: Applicants must clear the entrance examination conducted by the universities or NTA, such as ACET conducted by IAI, CUET UG, CUET PG, etc.

  • Application Date: The admission starts in March 2025 and ends in October. 

  • Top Universities: The top universities that offer admission in Actuarial Science courses include the Institute of Actuaries of India, the University of Delhi, the Indian Institute of Technology, Delhi, Amity, Christ University, the Indian Statistical Institute, etc.  

  • Career Opportunities: Students can get various job opportunities after an Actuarial Science course, such as Financial Advisor, consultant, Senior Executive Actuarial, Accountant, Auditor, Budget Analyst, Financial Analyst, etc. 

Actuarial Science After 12th Eligibility Requirements

Students who were eagerly waiting to pursue an actuarial science after passing their 12th shall check out the eligibility requirements needed for admission. Following is a list of all common requirements:

  • Students have to complete their 12th grade from a reputable national or international board. 

  • To be selected for admission should have scored a minimum passing mark of 50%.

  • Applicants must have a related subject like mathematics, economics, statistics, etc.

  • An entrance is a must to clear for admission.

  • Students belonging to any reserved categories shall be provided an additional relaxation of 5% marks.

  • The age limit for this actuarial science course is a minimum of 18 years, and a maximum age limit has not been set. 

Actuarial Science After 12th Colleges in India

In India, there are several colleges and institutes of actuarial and quantitative studies that offer Actuarial Science programs after the 12th. Below down we have mentioned some of those top colleges:

  • Amity University, Noida

  • Chandigarh University

  • Christ University, Bangalore

  • Gujarat University, Ahmedabad

  • University of Madras (UNOM)

  • Kavayitri Bahinabai Chaudhari North Maharashtra University

Actuarial Science After 12th Fee Structure

The Actuarial science after the 12th is provided by various prestigious public and private universities with an affordable fee structure. The course fee depends on the particular university. However, the actuarial science fees in INDIA after the 12th course (common course fee) are around INR 20,000 to INR 2,00,000 per annum, which includes all general facilities provided by the university. The registration fee for this actuarial science course is INR 1500 to INR 3000 for most universities. 

The mode of payment is online by using online platforms like Google Pay, Phone Pay, Paytm, Credit Cards, Debit Cards, Net Banking, etc. Applicants can find bank details on the official websites of the universities. 

Actuarial Science After 12th Career Options

Students have lots of career options after completing the actuarial science courses, with good salary packages. Some career options are mentioned below:

  • Equity Analyst

  • Data Science

  • Risk Management

  • Investment Banking

  • Portfolio Manager

Actuarial Science after 12th Salary

There are various jobs in this field, and every job's salary depends on the person's skills and experience. Students who are fresher and have no experience will have their salary between INR 4 lakh to 8 lakh per annum. Students who have a minimum of 2 years can earn around 9 lakh to 10 lakh. Students with specialized skills and experience of 6+ years can earn INR 20 lakh per annum.

Below is the list of jobs and their salary:

Job Name

Approx Salary (Per Year)

Pricing Analyst

INR 4.5 lakh to INR 6 lakh

Financial Manager

INR 9 lakh to INR 12 lakh

Business Economist

INR 5 lakh to INR 15 lakh

Risk Manager

INR 15 lakh to INR 25 lakh

Actuarial Analyst

INR 3 lakh to INR 12 lakh

Investment Analyst

INR 5 lakh to INR 20 lakh

Actuarial Science After 12th Duration

The duration of an actuarial science course depends on the course level and specializations. However, a diploma course in actuarial science is offered for a minimum period of 1 to 2 years, with 2 semesters divided into each year. The certificate in actuarial science course is provided for a minimum short period of 06 months to a maximum of 1 year. The undergraduate course in actuarial science is held for 3 years with 6 semesters. To learn in detail about the duration of this particular actuarial science course, students must visit the official site of the university and download their prospectus.

Actuarial Science After 12th Application Process

Those applying for actuarial science courses after 12th can see and follow the following as a reference for their admission:

Step 1: Students must visit their desired university's official website.

Step 2: Apply for admission by clicking on the ‘Apply Now’ button.

Step 3: Students must register themselves with a valid email.

Step 4: Fill out the application form carefully.

Step 5: Check your application form before submitting.

Step 6: Students must submit their documents.

Step 7: Submit your application after checking.

Step 8: Submit your application fees using an online platform.

Step 9: Keep a screenshot of your application as a record.

Actuarial Science After 12th Required Document List

While applying for admission to an actuarial science course after the 12th, students must upload all the following documents.

  • Valid ID Proof (Voter card, PAN card, Aadhar card, etc)

  • Scanned copy of signature

  • Scanned copy of 10th mark sheet

  • Caste certificate (if applicable)

  • Scanned copy of transfer certificate

  • Scanned copy of 12th certificate

  • Scanned copy of passport-size photograph

  • Scanned copy of the entrance test scorecard

  • Character certificate

Actuarial Science after 12th Required Skills List

For Actuarial Science after 12th courses, students should complete a basic understanding of computer systems and be fluent in communication. Some required skills are given here.

  • Numeracy skills

  • Analytical problem-solving skills

  • Data and Advanced Microsoft Excel

  • Know about finance, economics, and accounts related

  • Strong communication skills

Actuarial Science after 12th Top Colleges list

  • Bishop Heber College

  • Institute of Actuarial and Quantitative Studies

  • University of Mumbai

  • Christ University

  • Thakur College of Science and Commerce

  • Amity University

  • Aligarh Muslim University

  • Kerala University

Students can explore more courses like Banking Courses After 12th and Finance Courses After 12th.

Frequently Asked Questions

Answer: Salary of actuary in India based on the qualification and experience of the person. The average salary of actuary in India is around INR 4,00,000 to INR 20,00,000 annually.

Answer: In India, the fees of actuarial science typically ranges from INR 50,000 to INR 4,00,000 per annum as it’s also depending on the university or institution chosen by the students.

Answer: No, you cannot pursue actuarial science without maths after 12th, but it is possible to become actuary without a maths background in high school.

Answer: Yes, students need a strong background in maths to apply for bachelor’s degree in actuarial science, statistics, or in related fields like economics.

Students who have completed the 12th in the commerce and maths stream for a recognized board can be admitted to the B.Sc in actuarial science.

Students complete the higher secondary education in Physics,chemistry, and maths with minimum 60% marks. Some college required the entrance exam score.