Actuarial Profession

To be a fully qualified actuary, a candidate has to take on examination of an appropriate institute of actuaries (e.g. Institute and Faculty of Actuaries in UK or Society of Actuaries/Casualty Actuarial Society in USA). In India, it is Institute of Actuaries of India (IAI). The institute conducts examination and awards Associateship and Fellowship on successful completion of certain examinations, attending certain professionalism seminars and meeting experience requirements.

As per today’s requirements, the fellowship programme of IAI and Institute and Faculties of Actuaries (IFoA), UK include 9 core technical series subjects including business awareness module, three subjects of core applications, two papers of special technicals (to be chosen out of 9 options)and one subject of special applications (to be chosen from six alternative subjects).


The fellowship program of Institute of Actuaries of India (IAI) is on the line of that of Institute and Faculties of Actuaries (IFoA), UK. All of India, South Africa and Australia follow UK pattern.


However, the patterns followed by Society of Actuaries (SOA, USA) and Casualty Actuaries Society (CAS, USA) have a slightly different structure. Their fellowship program requires passing of Exams P, FM, M and C; satisfying Validation by Educational Experience for three subjects: Economics, Corporate Finance and Applied Statistics, Passing of Course 5 through Course 8, complete Associateship Professionalism Course (APC) and Professional Development Component (PD).

Hearty Congratulations!

We are proud to announce that our Alumnus Reet Raniwala qualified as Fellow Actuary of Institute and Faculty of Actuaries, UK in July, 2019.

We are pleased to announce that Nagindas Khandwala College, Malad, an Autonomous College under University of Mumbai has launched B. Com. (Honours) in Actuarial Studies [under University of Mumbai] from academic year 2019-20. DSACTED is the Facilitator of Khandwala College for this program.

For more details: Contact 

+919324116538 or +919820134104

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Are You looking for one of the Best Degrees that leads to better placement than what Normal B. Com., B.A.F., BBI, B.Sc. (Statistics), B. Sc. (IT), B. Sc. (Mathematics) or B.A. (Economics) can provide?

The seats are limited.

For details contact DSACTED College immediately at +919820134104 or +919324116538

We are proud to announce that our alumnus Rushabh Shah is qualified as a Fellow Actuary of India in 2018.

He also stood FIRST in the subject of SA6 in the March 2018 examination of IAI.

Congratulations to all our students for putting up an excellent performance at IAI exam. held in June, 2019  and IFoA, UK held in April, 2019 

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