Jai Hind College New Course: Bachelors in Actuarial Science and Quantitative Finance (BAQF)

Are you dreaming of a career in actuarial science, finance, risk management or data analytics?

Jai Hind College in Mumbai has introduced a new exciting Three-year Bachelor’s degree program from the academic year 2025-26 called – Bachelors in Actuarial Science and Quantitative Finance (BAQF).

Bachelors in Actuarial Science and Quantitative Finance (BAQF) is an interdisciplinary under-graduate program that will focus on the following parameters:

• Year 1 and Year 2: These two years the students will develop core foundation in mathematics, statistics, financial analysis, economics, and data analytics.

• Year 3: Student gets an opportunity to specialization in either of the two options—Actuarial Science or Quantitative Finance.

Key features of Bachelors in Actuarial Science and Quantitative Finance (BAQF) at Jai Hind College Mumbai:

• Globally Aligned Curriculum: The program is meticulously crafted to align with international standards, ensuring students are prepared for global challenges.

• Professional Certification Ready: With a curriculum that is 100% aligned with seven core papers of Actuarial Science, 98% aligned with CFA syllabus, 99% aligned with FRM syllabus, students are well-equipped for professional certifications.

• Industry-Relevant Training: The course will include internships, case studies, real world projects, on-job trainings, mentorship, field visits, and focus industry-relevant tools like R, Python, and Excel VBA.

Eligibility criteria for Bachelors in Actuarial Science and Quantitative Finance (BAQF) at Jai Hind College Mumbai:

• Student from any stream - science, commerce or arts can apply provided they have taken mathematics as a subject in class 12th.

• Student should have passed class 12th exam of the Maharashtra State Board of Secondary & Higher Secondary Education or its equivalent from any other Board and secured not less than 45% marks in aggregate (40% in case of Reserved Category) at one and the same sitting.

Admission Process for Bachelors in Actuarial Science and Quantitative Finance (BAQF) at Jai Hind College Mumbai:

• Admissions will be on basis of merit only.

• Intake is of 60 seats

• There is no in house quota for this course as it is a self-financed course.

• Selection for admission will be on the cumulative basis of the following three parameters:

  • Marks scored in the Jai Hind College Common Entrance Exam (JHC-CEE)

  • Marks obtained in Mathematics and/or Statistics in the Class 12th board examination

  • Performance in a Personal Interview round conducted by Jai Hind College (Personal Interview will be conducted in the week immediate after the JHCCEE Exam)

• For more information on the Jai Hind College Common Entrance Exam 2025 (JHC-CEE 2025) refer to the link: Jai Hind College Common Entrance Exam 2025 (JHC-CEE 2025)

Curriculum for Bachelors in Actuarial Science and Quantitative Finance (BAQF) at Jai Hind College Mumbai:

Semester I:

• Fundamentals of Finance

• Economic Principles and Market Dynamics

• Principles of Corporate Finance and Governance

• Fundamentals of Statistics and Probability

• Mathematical Foundations for Quantitative Analysis

• Introduction to Basic Excel

• Introduction to R Programming and Python
  Digital Literacy

• General Communication

• Indian Knowledge System

Semester II:

• Essentials of Quantitative Finance

• Inference and Credibility Analysis

• Macroeconomic Analysis

• Corporate Financial Insight

• Business Management

• Advanced Excel with VBA

• Statistical Computing with R

• Business Communication

• Ethics & Professionalism

• Co-Curricular Course

Semester III:

• Asset-Liability Management and Valuation

• Introduction to Risk Management and Uncertainty

• Behavioural Finance and Investment Decision-Making

• Portfolio Management and Wealth Optimization

• Financial Regulation and Compliance

• Financial Modelling with Excel

• Communication Skills - I

• Co-Curricular Course

• Project Work

Semester IV:

• Derivatives and Financial Instruments

• Advanced Risk Management Techniques

• Investment Banking and Capital Markets

• Strategic Portfolio Management

• Financial Engineering in Excel

• Model Documentation and Reporting Standards

• Machine Learning for Financial Applications

• Communication Skills - II

• Community Engagement

Semester V (Specialization in Actuarial Science):

• Life Contingencies and Actuarial Mathematics

• Advanced Statistical Modelling for Insurance

• Statistical Methods for Actuarial Science

• Actuarial Risk Management and Solvency

• Advanced Ethics and Governance in Finance and Insurance

• Excel Applications in Actuarial Science

• Internship

Semester V (Specialization in Quantitative Finance):

• Mergers, Acquisitions, and Corporate Restructuring

• Portfolio Optimization and Risk Management

• Time Series Analysis for Financial Markets

• Quantitative Risk Management for Finance

• Advanced Ethics and Governance in Finance and Insurance

• Alternative Investments and Hedge Fund Strategies

• Internship

Semester VI (Specialization in Actuarial Science):

• Advanced Life Contingencies

• Stochastic Processes in Actuarial Science

• Survival Analysis and Mortality Modelling

• Financial Analysis for Actuarial Practice

• Excel Applications in Actuarial Science

• R Programming for Actuarial Data Analysis

• Project Work

Semester VI (Specialization in Quantitative Finance):

• Financial Engineering and Derivatives Strategies

• Global Financial Markets and Currency Risk

• Behavioural Finance and Wealth Management

• Financial Statement Analysis for Investment

• Advanced Programming for Financial Data Analysis

• Python & SQL

• Project Work

Conclusion

With a globally aligned curriculum that balances theoretical concepts and hands-on learning, Bachelors in Actuarial Science and Quantitative Finance (BAQF) at Jai Hind College Mumbai offers an excellent pathway to becoming a leader in risk management, financial analysis, actuarial science and quantitative finance.

About Career Nurturer

Choosing the right career path after Class 12th can be overwhelming, especially when considering specialized fields like Actuarial Science, CFA, or FRM. This is where Career Nurturer, led by the experienced career counsellor Mr. Farzad Minoo Damania, steps in to guide students towards informed decision-making.

Career Nurturer offers detailed Aptitude and Psychometric assessments to evaluate the student's aptitude, interests, personality, and emotional intelligence. These tools help students understand whether they are a good fit for pursuing careers in actuarial science, quantitative finance, investment banking, data analytics, risk management or other finance related fields.

The assessments are followed by career counselling session, where Mr. Damania provides unbiased and professional advice tailored to each student's unique needs. With over 12 years of experience, Farzad Damania is passionate about helping students discover their potential and create a roadmap for success. His friendly and insightful approach ensures that students feel supported and motivated throughout the career counselling process.

To schedule a career counselling session with Career Nurturer, you can visit their website or contact Mr. Farzad Minoo Damania at +91 9833971773 or farzad@careernurturer.com. Take the first step towards a fulfilling career with expert guidance!

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