Ashutosh Varshney

Possibilities of redemption


Ashutosh Varshney

Buzz on DU campus this session: Add-on courses for early jobs

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Apart from the regular undergraduate and post-graduate degrees, Delhi University colleges are now offering various short-term courses, aimed at developing new skills in students.

For instance, Hindu College has collaborated with MetLife Insurance Ltd to offer an add-on course in actuarial sciences this year.

Actuaries are professionals who assess the financial impact of various events by analysing problems in finance and risk management in areas like insurance, pensions, investment as well as banking and health care.

To practice as an actuarial scientist in India, a person needs to be registered with the Institute of Actuaries of India (IAI) and clear an exam. "On completion of this course, students will be better prepared for the IAI exams," Dr Kamal Nain, the course coordinator.

"While a student of Statistics (H) or Maths (H) will probably do a post-graduate degree, he/she might find it difficult to get a job in the insurance sector. But this course will such students an advantage over the others," Acting principal of Hindu College Pradyumn Kumar said .

With 25-30 seats in each batch, the course has 12 papers like statistical methods, financial economics, business economics and statistical methods among others.

Ashok Mittal, who is on the Board of Directors of Metlife, said, "The students can work with Metlife on a 12-week paid internship during their summer break."

Any student who is above 18 years of age and has at least 85 per cent marks in mathematics or statistics in Class XII can apply for this course. "Any graduate or post graduate with 55 per cent marks who has studied mathematics or statistics can also apply," Kumar said.

Students can enrol for the course in two batches - while the first one will start after August 16 this year, the other batch will in January 2013.

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