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ASBM University
B.Sc. – Actuarial Science (Hons./ Research)

B.Sc. – Actuarial Science (Hons./ Research)

Collabration

Best University in Odisha for Science (B.Sc-Hons.) Degree

Programme Key Stats

2026

Admission Session

best mba colleges in Bhubaneswar, Odisha

At least 45% marks in +2/ xii Class (any stream) or its equivalent public
examination from any recognized board of education in India.

Eligibility criteria

4 Years

Duration

₹ 3,40,000

Fee Structure ( View Details )

Programme OVERVIEW

Commerce education has taken a front seat as a career option long back. The continuous expansion of trade and commerce in the world has always kept the importance of this study in a high level. The undergraduate studies in commerce provide avenues to pursue the studies to become a Professional Accountant or Management Accountant.

Why bachelor in Science

  • Designed on semester pattern
  • Case-based innovative teaching pedagogy with real-time actuarial problem solving and industry-driven assignments.

  • Experienced faculty from the actuarial profession, industry, and academics, including certified actuaries and domain experts.

  • Continuous internal evaluation pattern, integrating classroom performance, projects, and analytical assessments.

  • Special emphasis on Business Analytics, Statistical Tools, Risk Modelling, Financial Mathematics and Research-based Project Work.

  • Honours / Honours with Research option as per NEP guidelines, enabling advanced specialization and research pathways.

  • Dedicated hostel facilities for boys and girls located within the campus.

  • Institute-owned transportation facilities connecting major locations.

Course Curriculum

Semester - I

  • PRINCIPLES OF INSURANCE
  • FINANCIAL ACCOUNTING
  • MICRO ECONOMICS
  • ENGLISH LANGUAGE & LITERATURE
  • DIGITAL FLUENCY
  • ENVIRONMENTAL STUDIES AND DISASTER MANAGEMENT
  • CONSTITUTION OF INDIA

Semester – II

  • ACTUARIAL PRACTICES
  • PRACTICES OF LIFE INSURANCE
  • COST AND MANAGEMENT ACCOUNTING
  • BUSINESS STATISTICS
  • COMMUNICATIVE ENGLISH
  • EXCEL SPREADSHEET AND MODELLING
  • INDIAN ETHOS AND VALUES

Semester – III

  • FINANCIAL MATHEMATICS
  • PRACTICES OF GENERAL INSURANCE
  • APPLICATIONS OF LIFE INSURANCE
  • LEGAL ASPECTS OF INSURANCE
  • ENGLISH WRITING AND COMPOSITION
  • SOFT SKILLS

Semester – IV

  • PRINCIPLES OF BANKING
  • MATHEMATICAL BASIS OF LIFE INSURANCE
  • MARINE INSURANCE
  • FIRE INSURANCE
  • FINANCIAL MARKET & SERVICES
  • LANGUAGE PROFICIENCY AND IMPRESSION MANAGEMENT

Semester – V

  • MATHEMATICAL BASIS OF GENERAL INSURANCE
  • OTHER GENERAL INSURANCES (MOTOR, HEALTH, AGRICULTURAL INSURANCE AND MISC.)
  • ACTUARIAL MATHEMATICS
  • FUNDAMENTALS OF FINANCIAL MANAGEMENT
  • INTERNSHIP AND DISSERTATION

Semester – VI

  • GROUP INSURANCE AND RETIREMENT BENEFITS
  • ACTUARIAL STATISTICS
  • REINSURANCE MANAGEMENT
  • GENERAL INSURANCE UNDERWRITING
  • FINANCIAL STATEMENT ANALYSIS AND DECISION MAKING

Semester-VII

  • ACTUARIAL RISK MANAGEMENTI
  • SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT
  • RESEARCH METHODOLOGY
  • ASSET MANAGEMENT
  • INTERNATIONAL BUSINESS

Semester – VIII

  • DATA VISUALISATION USING TABLEAU AND POWER BI
  • PERSONAL FINANCE
  • PROJECT AND DISSERTATION

OR

  • ENTERPRISE RISK MANAGEMENT
  • FINTECH
  • PYTHON PROGRAMMING

Let us help you to make the right career decision

FOR WHOM

  • Any Student who has passed +2 Arts/ Science/Commerce or its equivalent public examination
Eligibility Criteria

ELIGIBILITY

At least 45% marks in +2/ xii Class (any stream) or its equivalent public examination from any recognized board of education in India.

Faculty

Faculty Image

Dr. Ranjan Kumar Bal

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Faculty Image

Dr. Biswajeet Pattanayak

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Faculty Image

Dr. Douglas J. Gilbert

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Faculty Image

Dr. Jyotirmaya Mahapatra

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Faculty Image

Dr. Haradhan Das

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Faculty Image

Dr. Surjya Kumar Mishra

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Dr. Sateesh Kumar Pradhan

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Dr. Eirene Leela

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Dr. Kalyan Shankar Ray

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Faculty Image

Prof. Ananya Mishra

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Dr. Emily Pandey

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Dr. M. N. Samantaray

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Faculty Image

Dr. Padmanava Mohapatra

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Dr. Phalgu Niranjana

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Faculty Image

Dr. Premananda Ranasingh

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Dr. Ramakanta Mohanty

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Faculty Image

Prof. Subrat Mohanty

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Faculty Image

Dr. Niranjan Sahu

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Prof. Subrata Mohanty

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Dr. Smaraki Pattanayak

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Dr. Jibendu Kumar Mantri

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Faculty Image

Dr. Rutuparna Dash

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Prof. Saroj Kumar Bishey

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Dr. Sanjeev Tripathy

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Dr. Ajit Kumar Sabat

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Prof. Arnab Sen

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Prof. Bani Bhusan Praharaj

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Faculty Image

Prof. Asima Das

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Dr. Anita Swain

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Dr. Bani Prasad Mali

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Dr. Golakh Kumar Behera

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Dr. Diptimayee Samal

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Faculty Image

Dr. Hari Narayan Sahu

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Dr. Jharasri Paikaray

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Dr. Prarthana Mishra

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Prof. Pratap Kumar Pati

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Prof. Priya Sharma

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Dr. J. Sai Mohini

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Dr. Jyotirmayee Mohanty

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Faculty Image

Dr. Bhagaban Jayasingh

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Faculty Image

Dr. Rupashree Sahoo

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Faculty Image

Dr. Jibitesh Rath

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