Sikkim International University MBA in Actuarial Science Admission 2025, Result, News & Articles Details, Online Process
SIKKIM INTERNATIONAL UNIVERSITY
- West Sikkim, Sikkim
- Estd 2005
- Private
- AICTE, UGC, NCTE, BCI, PCI, MCI, DCI
MBA in Actuarial Science Admission in Sikkim International University - Siu 2025
Sikkim International University - Siu MBA in Actuarial Science Admission 2025
Sikkim International University - Siu West Sikkim was established in 2005. The university is located in West Sikkim, Sikkim. Sikkim International University - Siu is a public university in Sikkim. Sikkim International University - Siu West Sikkim is recognized by the AICTE, UGC, NCTE, BCI, PCI, MCI, DCI. Overall, Sikkim International University - Siu has many faculties covering various academic disciplines. Sikkim International University - Siu offers an MBA in Actuarial Science. The MBA in Actuarial Science is a two-year postgraduate program that specializes in the study of statistical and mathematical tools to understand the economic and insurance-related risks of a company. The admission process requires a bachelor's degree in a relevant field from a recognized university with at least 50% points. Sikkim International University - Siu's placement campaign has helped many students to get placements in reputed multinational companies. Sikkim International University - Siu has a placement agency that is committed to providing 100% placement assistance to students. Sikkim International University - Siu West Sikkim Placement Office provides job opportunities to students from all walks of life. The facilities for students at Sikkim International University - Siu include computer laboratories, parking, classrooms, auditoriums, canteens, lecture halls, laboratories, libraries, sports facilities, etc.
Highlights of MBA in Actuarial Science at Sikkim International University - Siu
Institute Name | Sikkim International University - Siu West Sikkim |
Established Year | 2005 |
Approved By | AICTE, UGC, NCTE, BCI, PCI, MCI, DCI |
Type | Private |
Address | West Sikkim, Sikkim India 737121 |
E-Mail | registrar@sikkiminternationaluniversity.org.in |
Official Website | https://sikkiminternationaluniversity.org.in/ |
Eligibility Criteria of MBA in Actuarial Science at Sikkim International University - Siu
Educational Qualifications: You should have a bachelor's degree from a reputed university in a relevant field such as mathematics, statistics, economics, or a related field. A minimum overall score of around 50% or more is usually required.
Entrance Exams: Many universities and business schools in India consider the results of management entrance exams such as CAT (Common Entrance Test), MAT (Management Aptitude Test), or XAT (Xavier Aptitude Test) for admission. However, some universities may have their own entrance exams and selection criteria.
Work Experience: Work experience is not necessarily required, but some institutions may prefer candidates with experience in actuarial work or quantitative finance.
Interview and Group Discussion: After passing the entrance test, you may be required to appear for an interview and group discussion as part of the selection process.
Popular Entrance Exams for MBA in Actuarial Science at Sikkim International University - Siu
UGC NET
BHU UET
SLET
DET
Admission Process of MBA in Actuarial Science at Sikkim International University - Siu
To be eligible for this course, candidates should have a bachelor's degree with at least 50% marks.
Candidates have to clear entrance exams such as CAT, MAT, XAT, and CMAT. Many universities also give admission based on merit.
Once you have cleared the entrance exam, you have to submit your exam report and other required documents to your preferred educational institute.
Visit the online admission portal of Sikkim International University - Siu.
Register and log in with the admission committee of Sikkim International University - Siu using your registered email address.
Fill in all the required details in the application form.
Submit your application. Required Documents and Application Fee:
Application Process of MBA in Actuarial Science at Sikkim International University - Siu
Register on the university website
Log in and fill in the details
Upload the documents
Submit the application fees
Highlights of MBA in Actuarial Science at Sikkim International University - Siu
Particular | Value |
Course Name | Master of Business Administration in Actuarial Science |
Course Level | Postgraduate |
Course Mode | Full-time, Part-time, Distance, Online |
Course Duration | 2 year |
Examination Type | Semester based |
Eligibility Criteria | Graduation in Mathematical Sciences, Computer Science, Engineering, Physics, or Commerce with a minimum of 55% marks. |
Entrance Exam | CAT, MAT, XAT, etc. |
Average Annual Salary | No age limit |
Job Profiles | Business Consultant, Actuarial Analysts, Risk Analysts, Business Analysts, etc. |
Top Recruiters | Allstate, PwC, Nationwide Mutual Insurance Company, Willis Towers Watson, Aon, etc. |
How to Apply for MBA in Actuarial Science at Sikkim International University - Siu
Applicants should visit the official website of Sikkim International University - Siu.
applicants can find the application form on the official website.
applicants should first register.
registered applicants should fill up the entire application form.
all the required documents should be uploaded.
After filling out the form, the candidate needs to pay the Sikkim International University - Siu Entrance Examination Fee.
Finally, the form needs to be submitted.
Documents Required for MBA in Actuarial Science at Sikkim International University - Siu
Admission Form
10th certificate
12th certificate
4 recent passport-size photographs
Qualifying examination mark sheet
Character certificate
Income certificate, wherever required
Domicile certificate
Aadhar card
Ration card (For scholarship under PMS Scheme)
Parivaar Pehchan Patra (Family ID) (For Sikkim candidates)
Why Study of MBA in Actuarial Science at Sikkim International University - Siu
MBA programs typically provide comprehensive training in business management, including areas such as finance, marketing, operations, and strategy. Combining this knowledge with actuarial skills will make you a well-rounded professional who understands both the technical and business aspects of risk management.
Actuarial science focuses on analyzing and managing risk. Earning an MBA in this field will give you expertise in evaluating complex financial risks, which will help with decision-making and strategy development within your organization.
MBA programs often provide you with the opportunity to network with industry professionals, peers, and alumni. This will be beneficial for building connections in both the business and actuarial worlds.
Actuaries need to evaluate financial risks for long-term planning. Earning an MBA will enhance your ability to align actuarial strategies with the overall business goals and objectives, contributing to the success of your company.
Syllabus of MBA in Actuarial Science at Sikkim International University - Siu
Semester 1 Financial Analysis & Management Investment Mathematics Financial Models Managerial Economics Business Communication | Semester 2 Statistical Risk Models Probability Distribution Research Methods Statistical Methods Actuary Management Principles |
Semester 3 Human Resource Management Insurance Products Actuarial Applications Risk Management | Semester 4 Business Ethics Actuarial Risk and Insurance Management Dissertation |
Scholarships Available for MBA in Actuarial Science at Sikkim International University - Siu
Sikkim International University - Siu offers scholarships to needy students who belong to the economically weaker sections of society. Some scholarships are also awarded to talented students. The university also helps students to obtain scholarships from the Sikkim government. Students who are not eligible for scholarships, such as general quota students, may be able to pay their tuition fees in installments. The university also helps students to take out student loans.
Placements of MBA in Actuarial Science at Sikkim International University - Siu
Sikkim International University - Siu's placement campaign has seen Many students get placements in reputed multinational companies. Sikkim International University - Siu has a placement agency that is committed to providing 100% placement assistance to students. Sikkim International University - Siu Gurgaon placement center provides placement opportunities to students from all walks of life.
Sikkim International University - Siu strives to prepare students for the industry through theoretical and practical experiences as well as on-campus internships. Educated young people have jobs in the public and private sectors, Sikkim International University - Siu Career Centre has an Enterprise Resource Centre to help create jobs during the current period of unemployment.
Future Scope of MBA in Actuarial Science at Sikkim International University - Siu
Actuarial Analyst: Analysts use mathematical models to assess risk and make data-driven decisions. They work for insurance companies, financial institutions, and consulting firms to determine pricing, underwriting, and investment strategies.
Risk Management Specialist: Risk management specialists identify, analyze, and mitigate risks to organizations. They play a key role in maintaining financial stability and compliance with legal requirements.
Pension Fund Manager: Pension fund managers oversee the investments and financial soundness of pension funds. They ensure that pension plans meet their obligations to retirees.
Underwriters: Underwriters evaluate insurance applications and determine coverage terms and pricing. They use actuarial data to assess risk and make informed decisions.
Job Profile After Completed MBA in Actuarial Science at Sikkim International University - Siu
Job Profile | Job Description |
Pension Fund Manager | Pension fund managers oversee the investment and financial management of pension funds. They make investment decisions to ensure the funds' growth and ability to meet future pension obligations. |
Chief Risk Officer (CRO) | The CRO is responsible for overseeing an organization's risk management strategies and policies. They ensure that risk exposure is controlled and aligned with the organization's goals. CROs play a vital role in maintaining financial stability and regulatory compliance. |
Actuary | Actuaries assess and manage financial risks using mathematical and statistical methods. They analyze data to evaluate the likelihood of future events and their potential impact on an organization. Actuaries work in insurance, pensions, investments, and other industries to design strategies that mitigate risks and ensure financial stability. |
Investment Analyst | Investment analysts research financial markets and securities to provide recommendations for investment strategies. They assess the risk and return potential of different investment options, helping clients or organizations make informed investment decisions. |
Financial Analyst | Financial analysts assess an organization's financial performance and provide insights for decision-making. They analyze financial data, prepare reports, and make recommendations related to investments, budgeting, and overall financial planning. |
Insurance Underwriter | Insurance underwriters evaluate insurance applications and assess the level of risk involved in insuring individuals or entities. They determine insurance coverage, terms, and premiums based on actuarial calculations and risk analysis. |
Healthcare Actuary | Healthcare actuaries specialize in assessing risks and designing financial strategies related to healthcare services, insurance, and costs. They work with healthcare organizations, insurers, and government agencies to analyze and manage healthcare-related risks. |
Actuarial Consultant | Actuarial consultants provide expert advice to clients on managing financial risks. They analyze data, develop models, and offer recommendations to help organizations make sound financial decisions, particularly in areas like pensions, healthcare, and insurance. |
Data Scientist/Analyst (with Actuarial Focus) | Data scientists or analysts with an actuarial focus analyze large datasets to extract insights that inform business strategies and risk management decisions. They use statistical and machine learning techniques to model and predict future trends and risks. |
Facilities Available for MBA in Actuarial Science at Sikkim International University - Siu
WiFi - The university campus is equipped with WiFi making it ICT friendly.
Computer Labs - University computer labs are spaces used for teaching and learning and are equipped with computers and software programs that support academic work. Similarly to classrooms, they may also be equipped with audio-visual equipment and other resources that support effective teaching and learning. Students can use these labs to complete assignments, conduct research, and access online resources.
Transportation - The university has transportation facilities to cater to the needs of students and faculty.
Parking Lots - University parking lots are spaces for students who have cars and commute to the university. These parking lots are located on campus or near campus.
Canteen - The university has a canteen for employees and students.
Classrooms and Lecture Halls - Classrooms and lecture halls are spaces used for teaching and learning and are the core of any academic institution.
Sikkim International University - Siu MBA in Actuarial Science FAQs
What is MBA in Actuarial Science?
Ans MBA in Actuarial Science is a specialized postgraduate program that combines business education with the principles of actuarial science. It enables participants to analyze and manage financial risks using mathematical and statistical methods, giving them a strong foundation in business management.
How long is the MBA in Actuarial Science course?
Ans. MBA in Actuarial Science is a two-year course of study.
What is the normal tuition fee for MBA in Actuarial Science?
Ans. The normal price for MBA in Actuarial Science is INR Over LPA per year.
Is MBA and Actuary a good combination to study?
Reply Yes, students who are interested in the statistical and mathematical analysis of financial risks of companies can take this course.
What core subjects are taught in an MBA Actuarial Science program?
Reply Financial analysis and management, statistical risk models, risk management etc. are some of the key topics taught in this course.
Sikkim International University - SIU Course Detail
Stream Name | Science |
Course Name | MBA in Actuarial Science |
Course Full Name | Master of Business Administration in Actuarial Science |
Eligibility | Bachelor's Degree in Relevant Stream From a Recognized University With a Minimum of 50% Marks. |
Mode of Learning | Semester |
Duration | 2 Years |
Course Level | Graduation |
Course Type | Master Degree Courses |
Silent Feature | Good Job Opportunities In Government as well as in Private sector |