Kerala University M.Sc Actuarial Science: Fees 2026, Course Duration, Dates, Eligibility

Thiruvananthapuram, KeralaState UniversityEstd 1937NAAC Grade A++
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Collegedunia Team

Content Curator | Updated on - Jul 25, 2026

Kerala University’s M.Sc. Actuarial Science is a 2-year postgraduate programme offered by the Department of Demography at the Karyavattom campus, Thiruvananthapuram. The 15-seat programme is open to graduates in Mathematics, Statistics, Computer Science, and allied actuarial fields. Admission is through the CSS Entrance Examination, with total programme fees of INR 6,460. The university holds NAAC A++ accreditation and is ranked 25th in the University category and 5th among State Public Universities in NIRF 2025.

📋 Admission Status: Applications closed. Classes commenced 16 July 2026.


Kerala University MSc Actuarial Science Fees 2026

ComponentAmount (INR)
Tuition Fee (4 semesters)INR 3,360
Lab FeeINR 1,050
Affiliation FeeINR 450
Other Institutional ChargesINR 1,600
Total FeesINR 6,460
  • Department Development Fund is notified separately at admission.
  • SC/ST and OEC candidates are exempt from fee payment at admission.
  • Caution deposit is refunded upon successful programme completion.

Kerala University MSc Actuarial Science Admission 2026

EventDate
Admission Notification Released16 March 2026
Online Application Closed30 April 2026
CSS Entrance Exam20 May 2026
Rank List Published17 June 2026
Commencement of Admissions29 June 2026
Class Commencement16 July 2026
  • General registration fee was INR 1,500 and INR 750 for SC/ST candidates.
  • A candidate may apply for up to five PG programmes through a single registration.

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

  • B.Sc. in Mathematics, Statistics, Actuarial Science, Mathematical Actuarial Science, Actuarial Statistics, Actuarial Economics, or Computer Science from a recognized university.
  • Minimum 50% marks in the qualifying degree (CGPA of 2.0 on a 4-point scale, 3.5 on a 7-point scale, or 5.0 on a 10-point scale). SC/ST candidates require 45% and SEBC candidates require 48%.
  • Candidates awaiting final year results may apply but must satisfy all eligibility criteria at the time of admission.

Admission Process

  • Register online at admissions.keralauniversity.ac.in and pay the application fee.
  • Download the admit card from the admissions portal before the exam date.
  • Appear for the CSS Entrance Exam (100 MCQs, 100 marks, 2 hours, negative marking of 0.25 per wrong answer).
  • Rank list prepared based on percentile scores obtained in the entrance exam.
  • Seat allotment through online counselling based on rank list and reservation norms.
  • Report to the Department of Demography, Karyavattom, with original documents for verification and pay fees to confirm admission.

✓ Opt for this if

  • Planning a career in insurance, risk management, or pension funds.
  • Mathematics or Statistics graduate seeking an industry-aligned PG programme.
  • Looking for one of the few actuarial science PG programmes offered in Kerala.
  • Seeking affordable PG education at a NAAC A++ centrally-located campus.

✗ Skip if

  • Background is not in Mathematics, Statistics, or allied quantitative disciplines.
  • Looking for a programme with guaranteed professional actuarial exam exemptions.
  • Expecting dedicated campus placements specifically in banking or finance roles.

Kerala University MSc Actuarial Science Scholarships 2026

ScholarshipAmountEligibility
SC/ST Fee ExemptionFull fee waiverSC/ST candidates allotted merit or reserved seats at admission
OEC Fee ConcessionFull fee waiverOther Eligible Community candidates with valid community certificate
Post-Matric Scholarship for SC/STAs per state normsSC/ST students with annual family income below INR 2.5 lakhs
Central Sector Scholarship of IndiaINR 20,000/yearTop 20 percentile Class 12 students with family income below INR 8 lakhs
  • SC/ST and OEC fee exemptions are applied directly at the time of admission.
  • Scholarship applications submitted via the National Scholarship Portal online.
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Kerala University Latest Updates and News

23 Mar, 2026 Kerala University has released M.Sc Actuarial Science Fee Structure 2026. The total academic fee is ₹ 6,460

Kerala University MSc Actuarial Science FAQs

Ques. What undergraduate backgrounds are eligible for M.Sc. Actuarial Science at Kerala University?

Ans. Graduates holding a B.Sc. in Mathematics, Statistics, Actuarial Science, Mathematical Actuarial Science, Actuarial Statistics, Actuarial Economics, or Computer Science from a recognized university are eligible. A minimum of 50% marks in the qualifying degree is required. SC/ST candidates are eligible with 45% marks and SEBC candidates with 48% marks.

Ques. What career options are available after M.Sc. Actuarial Science from Kerala University?

Ans. Graduates of M.Sc. Actuarial Science from Kerala University can pursue careers as Actuarial Analysts, Risk Analysts, Pricing Analysts, and Data Analysts in insurance companies, reinsurance firms, pension funds, banking institutions, and consulting organizations. The degree also provides a strong quantitative base to appear for professional actuarial examinations conducted by the Institute of Actuaries of India and pursue doctoral research.

Ques. What is the difference between M.Sc. Actuarial Science and M.Sc. Demography and Biostatistics at Kerala University?

Ans. Both programmes are offered by the Department of Demography at Kerala University and share a quantitative foundation. M.Sc. Actuarial Science focuses on risk modelling, life contingencies, and financial mathematics aligned with the actuarial profession. M.Sc. Demography and Biostatistics focuses on population studies, vital statistics, and public health data analysis. The two programmes have separate entrance exams and distinct career pathways.

Ques. How many seats are available for M.Sc. Actuarial Science and what is the selection process?

Ans. M.Sc. Actuarial Science at Kerala University has 15 seats for the 2026-2027 academic year. Selection is based on the CSS Entrance Examination percentile score. Seat allotment is done through online counselling, with reservations as per Kerala government norms for SC/ST, SEBC, OEC, and other eligible categories.

Ques. Is there any reservation for specific undergraduate backgrounds in M.Sc. Actuarial Science admission?

Ans. Unlike some other Kerala University programmes, M.Sc. Actuarial Science does not reserve a percentage of seats for a specific undergraduate degree. All eligible applicants holding a B.Sc. in the permitted disciplines compete on the common CSS Entrance Exam rank list. Community-based reservations (SC/ST, SEBC, OEC) apply as per standard Kerala government norms.

Ques. Can a B.Tech. graduate apply for M.Sc. Actuarial Science at Kerala University?

Ans. No, the eligible specializations for M.Sc. Actuarial Science at Kerala University are limited to B.Sc. graduates in Mathematics, Statistics, Actuarial Science, Mathematical Actuarial Science, Actuarial Statistics, Actuarial Economics, and Computer Science. B.Tech. graduates are not listed among the eligible qualifications for this programme in the 2026-2027 CSS prospectus.

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