The actuaries work in a wide range of areas which inter-alia amongst others, include the following: Life Insurance, General Insurance, Health Insurance, Reinsurance, Pension Funds, Consultancy, Investments, Government Sector, Academics, Risk Management

Course duration, Subjects covered and Fees

Normally this course can be completed within 3-5 years depending upon the time devoted in the study. The subjects covered for the purpose of examinations are as under

I. (A) Fees payable to Actuarial Society of India (ASI)

Sr. No
Subjects
 
Examination Fees
(Amt in Rs.)
New Price for New Students

 
Soft Copy
     Hard Copy
Core Technical Stage
1.
CT1-Financial Mathematics
900
1000 2000
2.
CT2-Finance and Financial Reporting
900
1000 2000
3.
CT3- Probability and Mathematical Statistics
900
1000 2000
4.
CT4-Models
900
1000 2000
5.
CT5-General Insurance, Life and Health Contingencies
900
1000 2000
6.
CT6-Statistical Methods
900
1000 2000
7.
CT7-Economics
900
1000 2000
8.
CT8-Financial Economics
900
1000 2000
CA1 - Core Applications Concepts
   
9.
CA11- Paper on Assets
1500
1500 3000
10.
CA12- Paper on Liabilities and Asset-Liability Management
1500
1500 3000
11.
CA3 Communications
1100
2600 1200
Specialist Technical Stage (ST) ANY TWO
   
12.
ST1- Health & Care
1800
1500 3000
13.
ST2 - Life Insurance
1800
1500 3000
14.
ST3 - General Insurance
1800
1500 3000
15.
ST4 - Pension and Other Employee Benefits
1800
1500 3000
16.
ST5- Finance and Investment A
1800
1500 3000
17.
ST6- Finance and Investment B
1800
1500 3000
Specialist Application Stage (SA) ANY ONE
18.
SA1 – Health & Care
2000
2000 4000
19.
SA2 - Life Insurance
2000
2000 4000
20.
SA3 - General Insurance
2000
2000 4000
21.
SA4 - Pension and Other Employee Benefits
2000
2000 4000
22.
SA5 - Finance
2000
2000 4000
23.
SA6 - Investment
2000
2000 4000

(B)
Entrance fee : Rs. 300
Annual Subscription : Rs. 300
Actuarial Table : Rs. 350 Payable to Actuarial Society of India.

II. Fee for Coaching & Training at RNIS Academy for 3 months’ session for CT–Series is Rs. 8500 per paper + service tax @12.36%


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