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What is Actuarial Science?

Actuarial Science is the discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries. Actuaries are professionals who are qualified in this field through education and experience. Actuaries apply techniques related to varied problems in the business world. They are in great demand across sectors like insurance, finance, investment and more; because of their ability to put a price tag on problems.
Actuarial Science

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Why Choose IVY?

Individual Actuarial Career Mapping /
Counseling with Ivy’s Actuarial Expert

Case Based Training on Statistical Analysis Tools to Align Skills with Latest Industry Requirements


Structured Preparation to Reduce Preparation Time by 50%

Platform To Interact And Compare With Aspiring Actuaries


Collaborative Training Methodology
to Encourage Class Interaction

Extremely Talented Instructors with strong credentials like highest exam scores, scholarships, etc

Rigorous Simulation Test Series with feedback

3-tier Recruitment Support for local/ national placement

Programs offered at IVY

What Will You Get?
  • E-Library – Candidates will get free access to pre-recorded session for each paper for 6 months after completion of the course
  • Mock Tests and Doubt Clearing Sessions
    • Assignments with questions apart from regular study material will be provided to the candidates for practice.
    • Part-wise Mock test with strength and weakness analysis.
    • Part-wise doubt clearing session.
  • Expert Guidance
    • Individual Actuarial Career Mapping / Counseling with Ivy’s Actuarial Expert.
    • Individual Paper Writing Guidance with Tips & Tricks.
How to Become An Actuary?
  • Step 1: Clear Actuarial Common Entrance Test (ACET)
  • Step 2: Become a Student Member of Indian Actuarial Institute (IAI)
  • Step 3: Clear 15 exams from four group of papers
    • Core Technical (CT) Papers – All 9 papers
    • Core Application (CA) Papers – All 3 paper
    • Specialist Technical (ST) Papers – Any 2 papers
    • Specialist Application (SA) Papers – Any 1 paper
Actuarial Common Entrance Test (ACET) Coaching
  • Coaching for Mathematics and Statistics
  • 60 Hours
Core Technical (CT) Papers Coaching
  • Coaching for CT1 to CT8
  • 60 Hours
Important Dates for Exams and Registration
  • ACET June 2015
    • Registration Dates
    • Exam Dates
  • CT May 2014
    • Registration Dates
    • Exam Dates

Launch Your Career in Actuarial Science with IVY

IVY’s Talented Faculty Team

Business Statistics & Core Analytics Module
M.Stat from ISI (Kolkata) & a Certified Chartered Statistician from the Royal Statistical Society, London. An energetic analytics industry veteran with 35+ years of managerial experience in quantitative analysis & research fields. Possess strong analytical skill, & has worked with leading organisations such as AC Nielsen, MarketRx & Cognizant; development research institute; finance company; public sector undertaking, etc.
SAS Advanced Analytics Module
MSQE from ISI (Kolkata) having 14+ years of experience in the analytics industry. Possess hands-on working knowledge on SAS, SPSS, R & other analytical tools. He has worked with multiple MNCs including analytics consulting companies & captive units of large retailers.
Advanced Excel & VBA Modules
Masters in Geo-technical Engineering & a US licensed Professional Engineer (P.E.) having consultancy experience across 200+ projects in the US. She has consulted and trained participants on Advanced Excel from ITC, Capgemini, Cognizant, Lexmark, etc. And, MA (Eco) from Delhi College of Economics having extensive VBA automation experience with Investment Banking firms.
SQL / MS-Access / Database Design / Analytical Problem Solving Modules
Computer Engineer & a Management post-graduate from US with 8+ years of Management Consultancy experience with a Big 5 consultancy firm in the US.
Interviewing Skills Module
A behavioral sciences expert who has coached participants for companies like Capgemini, Cognizant, HCL, Wipro, Genpact, IBM, etc. She has 8+ years of industry coaching experience.
Resume Building Workshop Module
Computer Engineer & a Management post-graduate from US with 8+ years of Management Consultancy experience with a Big 5 consultancy firm in the US.


Thinking of a Career in Actuarial Science?

What are the career prospects?

Actuaries work in a wide range of areas like life insurance, general insurance, pensions and employee benefits, health insurance, reinsurance companies, investment, consultancies and risk management.

What is the duration for the course?

There is no fixed duration of the course. Ideally if pursued dedicatedly the course could be completed in 3-4 years.

When are the exams conducted?

The exams are conducted twice in a year. In India the exams are conducted in May/June and Oct/Nov.

How many attempts per paper can one take?

There are no restrictions on the number of attempts per paper.

Is it globally recognized?

Yes, it is a globally recognized course with mutual exemptions with a lot of other international actuarial institutes.

Are people with a mathematical background at an advantage?

A good grasp of basic mathematical/statistical concepts could prove beneficial. However, in the long run your hard work and dedication would count the most.

What is the pay package?

At entry level salary is approximately INR 4 lakh to 8 lakh per annum. After gaining experience of about 5 years and clearing a good number 15 papers, an actuary aspirant can earn anywhere between INR 12 lakh to 18 lakh per annum. Immediately after becoming a fellow of IAI, the pay package is approximately INR 20 lakh plus per annum.

Do I need to clear all 15 papers to get a job? Will I get time for exams while working?

One can start applying for the job after completion of under-graduation program and clearing at least 3 to 4 papers.
All actuarial companies encourages the employees to keep clearing exams. They provide financial help as well as give study holidays.

Launch Your Career in Actuarial Science with IVY