Tuesday, August 14, 2012

New course in Actuarial Science

Delhi University’s Hindu College has entered into a partnership with a private company, MetLife Insurance, for its new add-on or part-time course in Actuarial Science that will be open to any student enrolled for any course in the University.

“The idea behind the course is to enhance the skills of students by exposing them to new and different courses and will benefit those interested in making their career in insurance,” said Hindu College Principal Pradyum Kumar, adding that the course will be formally inaugurated on Thursday and that it was being introduced as part of a series of innovative programmes. “This is following the success of our other add-on language courses that have become familiar,” he said.

The course will be conducted by Hindu College faculty and students will get practical training from MetLife through internships. However, the course is mostly intended to equip students to eventually face the Actuarial Common Entrance Test that is conducted by the Actuarial Society of India. The exam allows you to become an Actuarial Scientist in any insurance company.

“An actuarial scientist is a person who looks after the financial aspects of an insurance company, is a representative of the company’s regulatory authority and looks after its back office work. The best part of the exam is that once you qualify you can be employed even in an insurance company abroad,” said MetLife Managing Director Rajesh Relan.

The classes on weekdays will be from 2:00 pm to 4:00 pm. On weekends, there will be two sets of classes: from 9:00 am to 11:15 am, and from 11:15 am to 1:15 pm. The exams for the course will be held at the end of each semester and students will get a certificate at the end.

Source: The Hindu, August 14, 2012

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