Institute of Actuaries of India Bengaluru Fee Structure offers a diverse range of postgraduate and professional programs in streams such as Actuarial Science and Financial Mathematics. Popular courses include Actuarial Science, Core Principles, Core Practices, and Specialist Principles. The flagship course, Actuarial Science, has a total fee of INR 2,00,000 for a duration of three years. Below is a detailed breakdown of Institute of Actuaries of India Bengaluru Fee Structure courses, fees, and additional costs for 2025.
The table below provides a comprehensive list of courses offered by Institute of Actuaries of India Bengaluru Fee Structure, including total fees, year-wise breakdown, and eligibility criteria:
Course Name | Duration | Total Fees (INR) | Year-wise Fees (INR) | Eligibility Criteria |
---|---|---|---|---|
Actuarial Science | 3 Years | ₹2,00,000 | ₹70,000 (Year 1), ₹65,000 (Year 2), ₹65,000 (Year 3) | Class 12th with Min. 50% Marks, Mathematics, Statistics, Economics, English |
Actuarial Common Entrance Test (ACET) | 1 Year | ₹3,000 | ₹3,000 | Class 12th with Min. 50% Marks, Mathematics, Statistics, Economics, English |
Core Principles | 1 Year | ₹34,000 | ₹17,000 (Year 1), ₹17,000 (Year 2) | Class 12th with Min. 50% Marks |
Core Practices | 1 Year | ₹26,000 | ₹13,000 (Year 1), ₹13,000 (Year 2) | Completed Core Principles |
Specialist Principles Stage (SP) | 1 Year | ₹48,000 | ₹24,000 (Year 1), ₹24,000 (Year 2) | Completed Core Practices |
Specialist Advanced Stage (SA) | 1 Year | ₹37,500 | ₹18,750 (Year 1), ₹18,750 (Year 2) | Completed Specialist Principles |
Beyond the tuition fees, students should consider additional costs associated with their studies:
Additional Costs | Amount (INR) |
---|---|
Application Fees | ₹1,000 |
Exam Fees | ₹3,500 per exam |
Library/Technology Fees | ₹2,000 |
Miscellaneous Fees | ₹5,000 |
For those opting for accommodation, here are the details of hostel and mess fees:
Room Type | Hostel Fees (INR) | Mess Fees (INR) | Total Annual Cost (INR) |
---|---|---|---|
Single | ₹60,000 | ₹30,000 | ₹90,000 |
Double | ₹40,000 | ₹30,000 | ₹70,000 |
Triple Sharing | ₹30,000 | ₹30,000 | ₹60,000 |
The cost of living in Not specified varies significantly compared to metropolitan cities like Delhi and Mumbai. Here’s a comparative overview:
City | Hostel Fees (INR) | Mess Fees (INR) | Total Annual Cost (INR) |
---|---|---|---|
Not specified | ₹30,000 | ₹30,000 | ₹60,000 |
Delhi | ₹50,000 | ₹40,000 | ₹90,000 |
Mumbai | ₹55,000 | ₹45,000 | ₹1,00,000 |
Here’s a comparison of fees with similar colleges focused on Actuarial Science:
College Name | Course Name | Total Fees (INR) | City |
---|---|---|---|
Institute of Actuaries of India | Actuarial Science | ₹2,00,000 | Not specified |
University of Mumbai | B.Sc. Actuarial Science | ₹1,80,000 | Mumbai |
Delhi University | B.Sc. Actuarial Science | ₹1,90,000 | Delhi |