Actuarial Science After 12th Course
John Khare
By John Khare
3 min read
April 21, 2025

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

Actuarial Science After 12th Course 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 Course 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 30th April 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 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 candidates are required to fulfill the requirements for admission to this course. The registration fee is around INR 1500 to 3000 for this actuarial science course. The total cost for the full program is around INR 20,000 to INR 2,00,000, which can be paid through online mode by using available platforms like Paytm, Credit/ Debit Cards, Net Banking, etc.

Courses of Actuarial Science after the 12th

There are various course offers in Actuarial Science after 12th including undergraduate, postgraduate, diploma, and certificate levels. 

Course Level

Course Name

Eligibility Criteria

UG- Level

B.Sc in Actuarial Science, BBA in Actuarial Science.

One should have qualified 10+2 with at least 50% marks in the disciplines like Mathematics, Economics, and Statics.

Diploma

Diploma in Actuarial Science, PG Diploma in Actuarial Science.

Students should have qualified 10+2+3 in a relevant field.

Certificate

Certificate course in Actuarial Science.

A 10+2 in mathematics, statistics, and economics.

Quick Fact About Actuarial Science after the 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 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.

  • 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 will soon start in March 2025. 

  • 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 Statical Institute, etc.  

  • Career Opportunities: Students can get various job opportunities after an Actuarial Science course,e 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 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% mark.

  • 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 Documents List

While applying for admission to an actuarial science course aspiring students must upload all the mentioned documents. 

  • The applicants must upload their 10+2 mark sheets and certificate. 

  • A copy of their transfer certificate is also needed to upload.

  • A caste certificate if candidates are belongs to a reserved category like SC, ST, or OBC, etc. 

  • A valid ID of the applicant such as a Voter Card, Adhar Card, PAN Card, etc.

  • A recent colored photograph in passport size of the candidate.

  • A scanned copy of the applicant’s signature. 

Actuarial Science After 12th Fee Structure

The Actuarial science after 12th is provided by the 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 12th course (common course fee) is 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 approximately 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 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 Duration After 12th

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 year 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 this 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 filling out the application form can follow these mentioned steps:

Step 1: Applicants must visit the official site of the university to apply for admission. 

Step 2: Apply by clicking on the “ Apply Now” button.
Step 3: Students shall register themselves first with a valid email address.

Step 4: Fill out the application form by providing the required information of personal and educational background.
Step 5: Submit the documents mentioned on the application form. 

Step 6: Select the Course that students want to pursue.
Step 7: Cross-check the details filled in before final submission.

Step 8: Pay the application fee by online mode.

Step 9: Aspirants shall keep a copy of their application form for further processing.

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.