Institute of Actuarial and Quantitative Studies application process is now started for the 2025 academic year. IAQS offers advanced undergraduate and postgraduate programmes specialised in Actuarial Science and Quantitative Finance, combining theoretical academic learning with industry practice. The undergraduate admission for 2025 at the Institute of Actuarial and Quantitative Studies focuses on passing the Quantitative Aptitude Test (QAT). After passing the QAT, students will be invited to an interview to select qualified candidates. IAQS PG admission 2025 requires candidates to have undertaken a relevant undergraduate degree and sit relevant examinations.
IAQS Important Dates 2025
IAQS UG Admission 2025
IAQS UG admission 2025 includes admission to the Bachelor of Science (B.Sc.) programme in Actuarial Science and Quantitative Finance. The programme lasts three years and requires candidates to have completed 10+2 from any recognised board. The admission process involves qualifying in a Quantitative Aptitude Test (QAT) and a non-technical interview. Applicants are required to apply online, sit the QAT on specified Saturdays, and after passing, undergo interviews. The undergraduate degree offered at IAQS focuses on developing professional-standard skills in analytical and actuarial areas, while also providing exemptions to the Institute and Faculty of Actuaries UK (IFoA) examinations.
UG Admission Process
The UG admission process at IAQS is straightforward and online:
- Visit the IAQS official website.
- Register on the Admission 2025 portal.
- Fill the application form with accurate details.
- Upload 10+2 mark sheets and photo ID.
- Pay application fee online securely.
- Schedule and appear for Quantitative Aptitude Test (QAT).
- Receive QAT results via student login.
- Attend a personal interview if shortlisted.
- Complete the Mumbai University pre-admission form.
- Submit relevant documents for verification.
- Confirm admission through fee payment.
- Enrol for classes as scheduled.
IAQS PG Admission 2025
IAQS PG admission 2025 focuses on a two-year programme, Master of Science (M.Sc.) in Actuarial Science and Data Analytics. Interested applicants must hold a relevant undergraduate degree and meet the minimum academic standards. To gain entry, one must pass the QAT or an equivalent entry exam, as well as an aptitude interview. The admission requirements of the Institute of Actuarial and Quantitative Studies PG are centred on offering advanced skills in actuarial, statistical, and data-analytical abilities, as well as professional certification avenues and industry competency.
PG Admission Process
The PG admission process is as follows:
- Visit the IAQS official website and register.
- Access the PG admission form online.
- Complete application with accurate academic and personal data.
- Upload undergraduate degree certificates and transcripts.
- Pay the application fee using online payment methods.
- Appear for QAT or the relevant entrance test.
- Receive test results and an interview call.
- Attend a personal interview.
- Fill in the Mumbai University pre-admission details.
- Upload necessary documents for verification.
- Pay course fees to confirm admission.
- Join the orientation and academic semester.
IAQS Application Process 2025
- Go to the IAQS official website (iaqs.in).
- Register using a valid email ID and mobile number.
- Select UG or PG admission based on eligibility.
- Complete the detailed online application form accurately and thoroughly.
- Upload scanned educational and identity documents.
- Remit application and entrance exam fees online.
- Schedule and appear for the QAT exam on the offered dates.
- Participate in a personal interview after qualifying for the QAT.
- Complete Mumbai University pre-admission formalities.
- Upload and verify all documents on schedule.
- Pay admission confirmation fees timely.
- Download the admission confirmation letter and join classes.
Documents Required
- Recent passport-size photograph.
- Scanned signature.
- 10+2 mark sheet or equivalent certificate (for UG).
- Undergraduate degree and mark sheets (for PG).
- QAT scorecard/entrance exam results.
- Valid government-issued identity proof (Aadhar, Passport, Voter ID).
- Caste/category/disability certificates (if applicable).
- Migration certificate (if applicable).
- Transfer certificate from previous institution (if applicable).
- Any other documents specified by IAQS or the University of Mumbai.
IAQS FAQs
What UG courses are offered at the Institute of Actuarial and Quantitative Studies?
IAQS offers a 3-year B.Sc. in Actuarial Science and Quantitative Finance with a focus on professional actuarial standards and exemptions.
How do I apply for admission to the Institute of Actuarial and Quantitative Studies for the 2025 undergraduate program?
Apply online via the IAQS website, register, complete the form, upload the required documents, pay the fees, and then appear for the QAT, followed by an interview.
What is the eligibility for IAQS PG admission 2025?
For PG admission, a relevant undergraduate degree with the required marks and a passing score on the QAT or equivalent entrance exam, plus an interview, is necessary.
Are entrance exams mandatory for IAQS admissions?
Yes, the Quantitative Aptitude Test (QAT) is compulsory for both UG and PG courses along with interviews.
What is the application fee for admission to IAQS?
The application fee is INR 1,000 payable online during the application for QAT and admission forms.
When do IAQS academic sessions start for 2025?
The academic sessions for UG and PG courses at IAQS begin from 1st September 2025.
Is the Institute of Actuarial and Quantitative Studies affiliated?
IAQS is affiliated with the University of Mumbai, ensuring recognised degrees with professional accreditation.
Does IAQS provide placement assistance?
Yes, IAQS has a dedicated placement cell connecting students to top actuarial and finance recruiters.
Can I retake the QAT at IAQS?
Yes, QAT is conducted regularly on Saturdays, allowing candidates multiple attempts for admission.
Does IAQS offer scholarships or financial aid?
Scholarships and financial assistance vary; prospective students should contact the IAQS admission office for details.