The M.Sc Actuarial Science programme at Rajagiri College of Management and Applied Sciences (RCMAS), Kakkanad, Kochi is a two-year postgraduate degree affiliated to Mahatma Gandhi University, Kottayam. The curriculum covers probability theory, financial mathematics, life contingencies, risk modelling, stochastic processes, and pension fund analysis, with strong emphasis on statistical computing. The programme prepares graduates for actuarial professional examinations from the Institute and Faculty of Actuaries (IFoA) or the Institute of Actuaries of India (IAI), and for careers in insurance, reinsurance, and financial risk management.
Admissions to the 2026-27 batch of M.Sc Actuarial Science are open at Rajagiri RCMAS; candidates may apply at mcampus.rajagiricollege.edu.in with classes scheduled to begin in August 2026.
Key Points
- Two-year programme (four semesters) affiliated to Mahatma Gandhi University, Kottayam; NAAC Grade A college.
- Curriculum covers probability, financial mathematics, life contingencies, stochastic processes, and actuarial modelling.
- Strong alignment with Institute of Actuaries of India (IAI) and IFoA CT/CM paper syllabi.
- Graduates are eligible for roles in insurance underwriting, pension fund management, risk analytics, and banking.
Rajagiri RCMAS M.Sc Actuarial Science Fees
| Component | Amount (INR) |
|---|
| Tuition Fee (Semester 1) | INR 25,200 |
| Tuition Fee (Semester 2) | INR 25,200 |
| Tuition Fee (Semester 3) | INR 25,200 |
| Tuition Fee (Semester 4) | INR 25,200 |
| Total Fees (2 Years) | INR 100,800 |
- Tuition fee is INR 25,200 per semester for M.Sc Actuarial Science at Rajagiri RCMAS as per the official PG fee structure.
- Fees shown are tuition charges only; MG University examination fees and other statutory charges are payable separately as notified by Mahatma Gandhi University.
- Total tuition fees for the two-year programme amount to INR 100,800.
Rajagiri RCMAS M.Sc Actuarial Science Admission 2026
Important Dates
| Event | Date |
|---|
| Online Application Opens (RCMAS Portal) | June 2026 |
| Last Date to Submit Application | June 2026 |
| Merit List and Shortlisting | July 2026 |
| Document Verification at College | July 2026 |
| MGU PG CAP Portal Registration | July 2026 |
| Commencement of Classes | August 2026 |
- Candidates must register at mcampus.rajagiricollege.edu.in and pay a non-refundable application fee of INR 700 online to complete the application.
- Shortlisted applicants must also complete registration on the MG University PG CAP portal at the time of seat allotment, as mandated by the university.
- Selection is strictly merit-based on graduation marks; final admission is subject to verification of original academic documents at Rajagiri RCMAS, Kakkanad.
The dates mentioned above are tentative and subject to change.
Eligibility Criteria
- Candidates must hold a Bachelor’s degree with Mathematics or Statistics as one of the subjects, with a minimum of 50 percent in the Part III subjects from a university recognised by Mahatma Gandhi University.
- Commerce graduates (B.Com) with Mathematics or Statistics background are also eligible.
- Final-year undergraduate students awaiting results may apply provisionally, subject to submitting the degree certificate before admission is confirmed.
Admission Process
- Visit mcampus.rajagiricollege.edu.in, create an applicant account, and fill the online application form.
- Upload graduation mark lists, degree certificate, photograph, and signature, then pay the INR 700 application fee online.
- Await shortlist notification via email or the portal; report to Rajagiri RCMAS with original documents for verification on the notified date.
- Complete the MG University PG CAP portal registration to formalise seat allotment as per university norms.
- Pay the first-semester tuition fee before the deadline communicated at the time of allotment to confirm enrolment.
Rajagiri RCMAS M.Sc Actuarial Science Scholarships 2026
| Scholarship | Amount | Eligibility |
|---|
| Post-Matric Scholarship (Kerala State) | As per government norms | SC/ST students from Kerala; applied via National Scholarship Portal |
| Central Sector Scholarship of Higher Education | INR 20,000 per year (PG) | Top 20 percentile in undergraduate degree; family income below INR 8 Lakhs per annum |
| NSP Scholarship for Minority Communities | Up to INR 30,000 per year | Students from minority communities; merit-cum-means basis |
- All central and state government scholarship applications must be submitted through the National Scholarship Portal (NSP) at scholarships.gov.in before the notified deadlines.
- The college welfare office assists eligible students with NSP registration, document verification, and application submission.
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