| Introduction |
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In line with the New Education Policy (NEP) the Department is now offering a four-year undergraduate program that will prepare students for a career in the actuarial/financial mathematics as well as postgraduate work in mathematics, statistics or related field. In this program students can major in mathematics with a minor in actuarial mathematics. In addition to a broad spectrum of mathematics courses, the curriculum for this course includes business and finance courses, and courses that hone IT and communication skills. The program also includes a research component in the fourth year that students can opt for or, alternatively, an honors option. Students can earn a certificate, a diploma, a three-year degree or a four-year honors or research degree by utilizing the various exit options available as per NEP guidelines. This program will also give our students the competitive edge in the financial industry that a traditional undergraduate program in mathematics would be unable to provide. |
| Minimum Duration |
| 8 Semesters |
| Intake (Zero mean not defined or vacancy based) |
| 30 |
| Eligibility |
| Any candidate having passed 10+2 with a minimum of 45% marks from the J&K Board of School Education or from any other recognized board with Mathematics as compulsory
subject |
| Selection Procedure |
| Selection is based on an entrance test that covers mathematics syllabus taught at the 10+2 level. |
| Carrer Prospectus |
| The 4-year program gives a knowledge of the fundamentals of mathematics and its applications in statistics and actuarial field. As such career prospects in the financial and insurance/actuarial sector are especially strong. Actuarial career has consistently been ranked amongst the best careers in the industrial world and is often called a ‘zero-unemployment’ profession. There is a very high demand for actuaries within the country and the salaries, even for entry level actuarial positions, are very high. This program will also prepare students for other mathematics-related careers in government, business and industry. |
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Department of Mathematical Sciences