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Mission

To provide a strong foundation for building an actuarial career and to transform the attitude and personality of each student so that each of them will excel as an actuary.


Just an Introduction..

Actuarial skills are of great value in any business managing long-term financial projects both in public and private sectors. Bishop Heber College introduced the PGDAS in 1991, with the assistance of the LIC of India, and the Actuarial Society of India. It has been running the programme effectively and successfully till date, attracting students not only from other states but also from other countries.

The future is full of uncertainties. Some of the events that can happen are undesirable. "Risk" is the possibility that an undesirable event will occur. The future is full of uncertainties. Some of the events that can happen are undesirable. "Risk" is the possibility that an undesirable event will occur.

The future is full of uncertainties. Some of the events that can happen are undesirable. "Risk" is the possibility that an undesirable event will occur. The future is full of uncertainties. Some of the events that can happen are undesirable. "Risk" is the possibility that an undesirable event will occur.

The impact of undesirable events can be both emotional and financial. Reducing the likelihood of these events helps relieve emotional pain. But some events, such as death, cannot be totally avoided. So, reducing their financial impact is very important. Actuaries are the leading professionals in finding ways to manage risk. It takesa combination of strong analytical skills, business knowledge and understanding of human behaviour to design and manage programmes that control risk.

Actuaries love what they do. Their work is intellectually challenging and they are very well-paid. Actuaries are key players in the management team of the companies that employ them. In a fast-changing world, with new risks and the need for ever-more creative ways to tackle them, there is an opportunity for personal and professional growth in an actuarial career, and the pleasure of life-long learning. Most actuaries work in apleasant environment alongside other professionals and enjoy the respect of their peers.

Actuaries are the analytical backbone of our society's financial security programmes. They are the brains behind the financial safeguards we have implemented in our personal lives, so we can go about our daily life without worrying too much about what the future may hold for us. These are the safeguards that protect us from life's catastrophies. The insight into risk that actuaries have also helps to ensure that our savings are working hard for us, so that everything we love and cherish can grow and flourish. The work of actuaries benefits all of us.