Dr GR Damodaran College of Science Coimbatore B.Com Actuarial Science: Fees 2026, Course Duration, Dates, Eligibility

Coimbatore, Tamil NaduEstd 1988 Bharathiar University Coimbatore, Coimbatore NAAC Grade A+
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Collegedunia Team

Content Curator | Updated on - Apr 27, 2026

The Bachelor of Commerce [B.Com] (Actuarial Management) at Dr GR Damodaran College of Science (GRDCS), Coimbatore is a 3-year full-time undergraduate programme affiliated to Bharathiar University. The course is designed to equip students with knowledge of actuarial principles, risk management, statistics, financial mathematics, insurance, and commerce, preparing them for careers in the insurance, banking, and financial services sectors. The total fees for the programme are ₹1.09 Lakhs for the entire 3-year duration, with a seat intake of 60 students. The programme is offered in regular on-campus (full-time) mode and is one of the unique B.Com specialisations at GRDCS, catering to students interested in the growing field of actuarial science and risk management.

Admission for the 2026-27 academic session is upcoming. Based on past trends, UG admissions at GRDCS commence immediately after the Tamil Nadu Class 12 (HSC) results are declared, typically around mid-May 2026, and are completed within 2-3 weeks. The application deadline is expected around July 30, 2026, and the batch is likely to commence in June 2026. Admission is merit-based with no entrance examination required.

Key Points

  • The programme blends core commerce subjects with actuarial science concepts including probability, statistics, financial mathematics, and risk assessment, making it a niche and career-focused offering.
  • Graduates are well-positioned to pursue professional actuarial certifications such as those offered by the Institute and Faculty of Actuaries (IFoA, UK) or the Institute of Actuaries of India (IAI).
  • GRDCS is an autonomous institution affiliated to Bharathiar University, Coimbatore, and has been ranked among the Top 100 Arts and Science Colleges in India by NIRF 2023.
  • The college has a dedicated Commerce and International Business department with experienced faculty including Associate Professors with doctoral qualifications.
  • Students have access to a well-equipped library, computer labs, and a green campus environment conducive to learning.
  • The active placement cell facilitates campus recruitment from companies in the BFSI, insurance, and financial services sectors.

GRDCS B.Com Fees

Fee Structure

Fee ComponentAmount (INR)
Tuition Fee (per semester)Rs. 18,167 (approx.)
Total Tuition Fee (3 Years / 6 Semesters)Rs. 1,09,000
Total Fees (3 Years)Rs. 1,09,000
  • Hostel facility is available at the college.
  • Hostel fees are approximately Rs. 1,45,000 per year (inclusive of room rent, food, and deposit), as reported by students.
  • Hostel is optional and not included in the Total Fees above.
  • Fees are paid on a semester basis through the college's online payment portal or via DD.
  • A late fee of Rs. 50 per day is applicable if fees are not paid within the stipulated deadline.
  • No EMI facility is officially offered by the college; students may avail bank education loans independently.

GRDCS B.Com Admission 2026

GRDCS B.Com (Actuarial Management) Admission Dates 2026-27

EventDate
Tamil Nadu HSC (Class 12) Results DeclarationMay 2026 (expected)
GRDCS UG Admission Application StartMid-May 2026 (day after HSC results)
GRDCS UG Admission Application DeadlineJuly 30, 2026
Batch CommencementJune 2026
  • The above dates are based on the official admission pattern stated on the GRDCS website (grd.org/grdcs) and past year trends.
  • No separate entrance exam is required for B.Com (Actuarial Management) admission.

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

  • Candidates must have passed Class 12 (10+2) or equivalent examination from a recognised board.
  • A minimum of 60% aggregate marks in Class 12 is generally expected for consideration (merit-based selection).
  • Students from Commerce, Science, or Arts streams in Class 12 are eligible to apply; a background in Mathematics at Class 12 level is advantageous for this programme.

Admission Process

  • Apply online at csadmissions.grd.org or submit an offline application form available at the college.
  • Submit required documents including Class 12 mark sheet, transfer certificate, caste certificate (if applicable), and ID proof.
  • Shortlisted candidates may be called for a direct interaction/verification with the college director.
  • Pay the admission fee to confirm the seat before the commencement of classes.
  • No entrance examination or group discussion is required; selection is purely merit-based on Class 12 marks.

GRDCS B.Com Scholarships 2026

Scholarship Details

ScholarshipEligibilityAmountApplicable For
NSP (PM-USPY) - National Scholarship Portal80% or above in Class 12; parental income up to Rs. 4.5 Lakhs per annum; enrolled in AICTE/UGC recognised UG programmeRs. 82,000 per annumB.Com (Actuarial Management) students
Tamil Nadu Government Scholarship (BC/MBC/SC/ST)Belongs to BC, MBC, SC, or ST category; enrolled in a recognised college in Tamil NaduVaries by category (up to full tuition fee waiver for SC/ST)B.Com (Actuarial Management) students
GRDCS Merit ScholarshipOutstanding academic performance (75% and above in Class 12 or in college exams)Partial fee waiver (amount varies)Meritorious students
GRDCS Sports ScholarshipState/National level sports certificationEducation and accommodation cost coverage (partial)Sports achievers
  • For NSP scholarships, students must maintain a minimum of 50% marks and 75% attendance in college.
  • Tamil Nadu government scholarships for BC/MBC/SC/ST students are disbursed through the Tamil Nadu e-Scholarship portal (tnepass.tn.gov.in).
  • Applications typically open in July-August each year.
  • SC/ST students are generally exempted from paying tuition fees under the Tamil Nadu government fee concession scheme.
  • Merit and sports scholarships are awarded at the college level; students should contact the college scholarship cell for specific amounts and application procedures.
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Dr GR Damodaran College of Science Coimbatore: Students' Opinion

AI-Generated Summary based on 1 Reviews

The college provides strong campus recruitment opportunities with major companies like Ernst & Young, Infosys, Tech Mahindra, Indhuja Groups, and Robert Bosch. Faculty members are approachable and supportive, encouraging student engagement in classes. The fee structure includes Rs 18,000 for the first semester, with varying fees for subsequent semesters depending on book and exam costs.

Payments can be made via bank, demand drafts, or directly at the college. There is no additional admission fee, but early applicants receive priority. The review does not detail scholarships, education loans, or financial assistance, but notes the student's choice not to use an education loan when admitted through a management quota.

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 By Collegedunia’s Personal AI

GRDCS B.Com FAQs

Ques. What is B.Com (Actuarial Management) at GRDCS and how is it different from a regular B.Com?

Ans. B.Com (Actuarial Management) at GRDCS is a specialised 3-year undergraduate programme that combines core commerce subjects with actuarial science concepts such as probability, statistics, financial mathematics, risk assessment, and insurance principles. Unlike a regular B.Com (General), this programme is specifically designed for students interested in careers in the insurance, banking, and financial risk management sectors. It also prepares students for professional actuarial certifications from bodies like the Institute of Actuaries of India (IAI) or the Institute and Faculty of Actuaries (IFoA, UK).

Ques. What is the fee structure for B.Com (Actuarial Management) at GRDCS?

Ans. The total fees for B.Com (Actuarial Management) at GRDCS is approximately Rs. 1.09 Lakhs for the entire 3-year duration. Fees are collected on a semester basis (6 semesters over 3 years), working out to roughly Rs. 18,167 per semester. Fees can be paid online through the college portal or via demand draft. A late fee penalty of Rs. 50 per day applies if payment is delayed beyond the due date. Students may avail bank education loans independently if needed.

Ques. Is Mathematics required for admission to B.Com (Actuarial Management) at GRDCS?

Ans. While the official eligibility criteria require only a Class 12 pass from any stream (Commerce, Science, or Arts) with a minimum of around 60%, a background in Mathematics at the Class 12 level is strongly advantageous for B.Com (Actuarial Management). The programme involves significant quantitative content including statistics, probability, and financial mathematics. Students without a Mathematics background may find the course more challenging, though it is not a mandatory requirement for admission.

Ques. What career opportunities are available after B.Com (Actuarial Management) from GRDCS?

Ans. Graduates of B.Com (Actuarial Management) from GRDCS can pursue careers as actuarial analysts, risk analysts, insurance underwriters, financial analysts, and data analysts in the insurance, banking, and financial services sectors. The programme also prepares students to pursue professional actuarial certifications from the Institute of Actuaries of India (IAI) or international bodies. Higher studies options include M.Com, MBA (Finance or Insurance), M.Sc (Actuarial Science), or specialised actuarial programmes.

Ques. Are there any entrance exams required for admission to B.Com (Actuarial Management) at GRDCS?

Ans. No entrance exam is required for B.Com (Actuarial Management) admission at GRDCS. The selection is entirely merit-based, relying on the candidate's Class 12 board exam marks. Students need to score a minimum of around 60% in their 12th standard to be considered. The application can be submitted online at csadmissions.grd.org or offline at the college. There is no group discussion or personal interview for UG admissions.

Ques. What scholarships are available for B.Com (Actuarial Management) students at GRDCS?

Ans. Students enrolled in B.Com (Actuarial Management) at GRDCS can avail the NSP (PM-USPY) scholarship of up to Rs. 82,000 per annum if they have scored 80% or above in Class 12 and their parental income is below Rs. 4.5 Lakhs. Tamil Nadu government scholarships are available for BC, MBC, SC, and ST category students, with SC/ST students often receiving full tuition fee waivers through the Tamil Nadu e-Scholarship portal (tnepass.tn.gov.in). The college also offers merit-based scholarships for students with 75% and above marks and sports scholarships for state/national level achievers. Students should contact the college scholarship cell for specific amounts and application deadlines.

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