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Post Graduate Diploma in Actuarial Economics  
The Insurance sector in India is growing at a fast rate. Qualified Actuaries are in high demand as there is considerable shortage of trained Actuaries in India. A well qualified Actuary has to be an expert in applying mathematical, statistical and economic analysis to a wide range of decision-making processes in the fields of insurance, retirement and other benefits, and investments. The course offered at MSE is designed keeping in mind the courses and latest syllabi prescribed by the Actuarial Society of India. The teaching and training in this course are under the guidance of an Advisory Committee consisting of well established Actuaries so that professional standards are fully satisfied. This course was successfully started with 16 students in the year 2007-08. Most of our students are currently the members of ASI.

 
Semester - I   
Course Code   Course Name L T P/S C
AE:01  Financial Mathematics – 1 3 1 0 4
AE:02  Finance and Financial Reporting 3 1 0 4
AE:03  Mathematical Statistics 3 1 0 4
AE:04  Micro Economics 3 1 0 4
AE:05  Macro Economics 3 1 0 4
Semester - II   
Course Code   Course Name L T P/S C
AE:06  Risk Management and Insurance 3 1 0 4
AE:07  Actuarial Mathematics  3 1 0 4
AE:08  Financial Econometrics 3 1 0 4
AE:09  Risk Models 3 1 0 4
AE:10  Financial Economics  3 1 0 4
 Semester - III  
Course Code   Course Name L T P/S C
AE:11  Stochastic Models 3 1 0 4
AE:12  Applied Econometrics*  3 1 0 4
AE:13  Economics of Insurance* 4 1 0 4
AE:14  Pension and other Benefits* 4 1 0 4
 Semester - IV  
Course Code   Course Name L T P/S C
AE:15  Survival Models 4 1 0 4
AE:16  Life and Health Insurance* 4 1 0 4
AE:17  Finance and Investment*  4 1 0 4
AE:18  Project Work       10

 

Legend :  L - Lectures | T -Tutorials | P/S -Presentation/Seminars | C -Credits | * Elective | Total Credits: 66

 

 

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