Set up jointly by the Insurance Regulatory and Development Authority of India and Government of Andhra Pradesh

 
 
ENROLLMENT PROCEDURE
 

Enrollment Procedure:  

1.       Graduates or Post Graduates of any discipline with a Second Class pass (an overall 50% of pass marks) and with Mathematics or Statistics or Econometrics or Actuarial Subjects as one of the subjects in which a minimum of 60% marks is essential, are eligible to apply.

2.       Age : below 30 years as on 1st July of the academic year when the Course commences for on Campus students only. This condition is not applicable for students seeking partial enrollment.

3.       The Applicant for the Course can be either an individual or sponsored by their Employers / Companies / Organizations.

4.       Applicants will be selected as students through a personal interview to assess the suitability of the applicants for the Course. The interviewing Committee’s decision will be final and not open for any kind of review what so ever.

5.       All selected students into the Course will make their own arrangements for seeking student membership of any professional actuarial Institutes either in India or abroad and IIRM has no role to play in the matter.

6.       Similar eligibility conditions enumerated above are applicable to partial enrollment students also.

7.       IIRM offers special partial enrollment to students for specific subjects of the Course in which the applicants are interested and who fulfill the eligibility criteria stipulated for normal enrollment. This will facilitate applicants to choose the subjects, which they want to appear for the actuarial professional examinations, instead of going through the entire course of 3 semesters. These applicants must necessarily have appeared at least one subject in the actuarial professional examinations for which documentary evidence must be shown.

8.       The fees will be charged for such partial enrollments at a differential scale, as special fees, apart form registration fees of Rs1,000/- plus 10.3% service tax.

9.       This will also facilitate the private candidates who failed in subjects to enroll and seek guidance for those subjects. They will receive only a “Certificate of Attendance” from IIRM.

10.       However once a student enrolls for the entire 3 semesters Course initially will not be allowed to claim any refund on partial basis. They can not leave the course in the middle and claim for any kind of refund.

11.   The fees mentioned in this document is towards the tuition fees only and does not include any other benefit or facility.

12.   The Students must bear all the costs of purchase of the reading material for the Course subjects, on their own account, and also make their own arrangements for payment of enrollment fee for Student membership and  the examination fees for the actuarial professional examinations, from  the respective bodies. 

 

 
 
 
 
 
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