Overview

• Official Name: Amity School of Insurance and Actuarial Science (ASIAS)
• Common Names: ASIAS, Amity School of Insurance & Actuarial Science
• Type: Private Institution, part of Amity University Uttar Pradesh (Deemed-to-be University)
• Established: ASIAS established in 2007; located within Amity University Uttar Pradesh, Noida campus
• Campus Location: Noida, Uttar Pradesh, India
• Approvals & Affiliations: Amity University Uttar Pradesh recognized as a Deemed University by UGC (UGC Deemed Universities List), AICTE approval applicable for some courses; NAAC accreditation Grade 'A' (2021)
  ASIAS specific NAAC/AICTE approvals are part of the parent University’s accreditation
• Official Website: https://www.amity.edu/asias

Quick Facts

• Founder: Dr. Ashok K. Chauhan (Founder President, Ritnand Balved Education Foundation)
• Chancellor: Dr. Aseem Chauhan
• Vice Chancellor: Prof. P.B. Sharma
• Dean (ASIAS): Not available publicly as of 2024-06
• Student Population: Over 11,000 students at Amity University Uttar Pradesh including various faculties (ASIAS student numbers not separately listed)
• Departments: ASIAS focused on Insurance and Actuarial Science courses
• Contact: Phone: +91-120-4392000, Email: customercare@amity.edu
  Address: Amity University Uttar Pradesh, Plot No. 1, Sector 125, Noida, Uttar Pradesh, India - 201303
• NAAC Grade: A (2021)
  NAAC Official
• Rankings: Amity University Uttar Pradesh ranked 74th in NIRF Management Ranking 2023
  NIRF 2023

Courses & Programs

• Major Faculties: Insurance and Actuarial Science within Management & Commerce streams
• Popular Courses:
  • B.Sc. Insurance & Actuarial Science (UG) – 3 years, regular mode
  • M.Sc. Insurance & Actuarial Science (PG) – 2 years, regular mode
  • Diploma courses in Insurance & Risk Management – Duration varies
  • PhD programs (Actuarial Science & Insurance) available as per University norms
• Mode: Regular full-time; Amity also offers some online courses under Amity Online but core ASIAS courses are campus-based
• Intake: Not officially published for ASIAS separately

Admissions

• Admission Modes: Merit-based through qualifying exam results, university entrance test, management quota applicable
• Accepted Entrance Exams: No separate entrance for ASIAS; admissions primarily based on 10+2 marks for UG, graduation marks for PG
• Important Admission Timeline: Admissions open from April to July annually
  Amity Admission Portal
• Application Process (Online):
  1. Visit the Amity University Admission Page
  2. Register with basic details and create login
  3. Fill application form selecting the ASIAS course
  4. Upload scanned documents as required
  5. Pay application fee online
  6. Submit and take printout of application form
• Offline Application: Available at campus admissions office on request

Eligibility Criteria

• For UG B.Sc. Insurance & Actuarial Science:
  • 10+2 or equivalent with Mathematics as a compulsory subject
  • Minimum aggregate marks: 50%
  • Age: No upper age limit
• For PG M.Sc. Insurance & Actuarial Science:
  • Graduation in Commerce/Science/Mathematics or related field
  • Minimum 50% aggregate marks in graduation
• Documents Required:
  • Class 10th and 12th mark sheets & certificates
  • Graduation mark sheets (for PG applicants)
  • Passport size photographs
  • Proof of identity and address
  • Transfer/migration certificate (if applicable)

Fee Structure & Scholarships

• Indicative Fees (per annum):
  • B.Sc. Insurance & Actuarial Science: Approx. ₹2,50,000 (tuition & other fees)
  • M.Sc. Insurance & Actuarial Science: Approx. ₹2,75,000
  • Hostel Fees: ₹1,50,000 - ₹1,80,000 per annum (optional)
  • Exam & Miscellaneous Fees included in tuition fee structure
  • Fees subject to revision; refer official link below for updated fees
• Scholarships & Financial Aid:
  • Merit-based scholarships offered by Amity University for top-performing students
  • Government scholarships for SC/ST/OBC/EWS candidates as per respective state and central govt schemes
  • Need-based financial aid and fee waivers on case-to-case basis
  • Details on scholarships: Amity Scholarships

Placements & Career Outcomes

• Placement Highlights:
  • Overall placement percentage for Amity University Noida campus approx. 80%
  • Average CTC: ₹3.5 - 4.5 LPA (varies by department)
    Specific ASIAS data currently unavailable
  • Highest CTC reported upto ₹12 LPA (for select management programs)
• Top Recruiters: ICICI Prudential, HDFC Life, Max Life Insurance, Tata AIA, Bajaj Allianz, Kotak Life, LIC, Aditya Birla Health
• Placement Cell Contact: Amity Career Services
• Internship Support: Regular industry internships arranged for Insurance & Actuarial Science students

Campus & Facilities

• On-campus hostels with single, double, and triple occupancy rooms
• Mess facilities offering Indian and international cuisine, hygienic environment
• Sports complex with cricket, football, basketball, badminton courts and gymnasium
• Advanced computer and actuarial labs with latest software tools
• Well-stocked central library with insurance and actuarial science collections
• 24x7 health centre and ambulance service on campus
• Transport facilities connecting Noida sector and Delhi NCR
• High-speed Wi-Fi campus-wide
• Research centers focusing on actuarial research, insurance analytics, risk management
• Multiple student clubs including Finance, Entrepreneurship, Cultural & Sports Clubs
• Annual cultural festival “Amity Utsav” and Management Fest with active participation

Faculty & Research

• Notable Faculty: Experienced professors specialized in actuarial science, risk management and insurance (detailed faculty list on ASIAS Faculty Page)
• Research Centres: Centre for Insurance Studies, Actuarial Research Unit within Amity University
• Major Grants & MoUs:
  • Industry MoUs with leading insurance companies for projects and internships
  • Collaborations with international actuarial bodies (Institute and Faculty of Actuaries, UK) – Details not publicized
  • Research grants Not available publicly as of 2024-06

Rankings & Reputation

• NIRF Ranking: Amity University Uttar Pradesh ranked 74th in Management Category 2023
  NIRF 2023
• NAAC Accreditation: Grade 'A' in 2021
  NAAC Official
• Outlook India Ranking: Ranked in Top Private Universities 2022 – Exact rank not specified
• India Today Ranking: Listed among Top Private Universities
  Specific rank for ASIAS not available

Results, Cut-Offs & Seat Matrix

• Results published on official Amity University Student Portal: Student Login
• Seat Matrix for ASIAS courses generally around 60-100 seats per batch (varies by program)
  Exact seat numbers not officially disclosed
• Typical cut-off for UG B.Sc. Insurance around 50% aggregate in 10+2 with maths (general category); relaxed for reserved categories as per UGC norms
• Category-wise cutoffs and detailed admission results not published publicly for ASIAS

How to Reach

• Nearest Airport: Indira Gandhi International Airport, New Delhi (Approx. 25 km from Noida campus)
• Nearest Railway Station: New Delhi Railway Station (Approx. 27 km), Anand Vihar Railway Terminal (closer, approx. 10 km)
• Local Connectivity: Well connected via metro (Noida Sector 125 Metro Station), buses, and taxis
• City Access: Located in Greater Noida Expressway corridor with frequent road transit to Delhi NCR

FAQs

1. Q: What is the application deadline for ASIAS courses?
   A: Typically admissions for UG commence in April and close by July. For PG courses, the timeline is similar. Visit Amity Admission Portal for exact dates.
2. Q: Is there an entrance exam for the Insurance and Actuarial Science courses?
   A: No separate entrance exam is required; admission is based on merit from previous qualifying exams.
3. Q: Are scholarships available for ASIAS students?
   A: Yes, merit-based and category-based scholarships are available. Details at Amity Scholarships.
4. Q: Does ASIAS provide hostel facilities?
   A: Yes, on-campus hostel accommodation with mess and recreational facilities is available.
5. Q: What are the career prospects after completing courses from ASIAS?
   A: Graduates find opportunities in insurance firms, actuarial consultancies, risk management companies, and financial services.
6. Q: How can I pay my fees?
   A: Tuition and other fees can be paid online via Amity’s official portal or offline at the campus finance office.
7. Q: What documents are required for admission?
   A: Class 10th & 12th mark sheets, identity proofs, photographs, and graduation marksheets (for PG).
8. Q: Is ASIAS recognized by UGC and other regulatory bodies?
   A: Yes, as part of Amity University Uttar Pradesh which is a UGC-recognized deemed university.
9. Q: Are internships mandatory for ASIAS students?
   A: Yes, internships with insurance companies or agencies form part of the curriculum for practical exposure.
10. Q: Can I pursue a PhD in Actuarial Science at ASIAS?
    A: Yes, PhD programs are offered as per university guidelines.