Prizes for Exam Performance

  • ACET Award is instituted by Parikh Parivar Prize fund and (Late) A S Gupta Prize Fund.
  • This Prize fund has been constituted for student scoring highest marks in June/December ACET exam.
  • The Award consists of personalized Trophy and Prize money of Rs. 10,000/-
  • The award is presented in the “Global Conference of Actuaries” in the Actuarial Gala Functions and Awards (AGFA) Ceremony in February every year.
  • Details of candidates will be published on the website and in the Actuary India magazine.

Prize Fund for Highest Marks

  • Parikh Parivar Prize Fund
    • This Award is given to the candidate scoring highest marks in ACET Exam conducted in the month of December.
  • Late A S Gupta Prize Fund
    • This Award is given to the candidate scoring highest marks in ACET Exam conducted in the month of June.
NO.NAME OF THE AWARDSSUBJECTNAME OF SUBJECT
1Shri R. Krishnaswamy Memorial PrizeCT1Financial Mathematics
2Shri. Atma Ram, Shri Chhaju Ram and Smt. Parvati Devi Memorial Scholarship PrizeCT2Finance and Financial Reporting
3Shri. H V Krishnamurthy PrizeCT3Probability and Mathematical Statistics
4Shri. R. Krishnaswamy PrizeCT4Models
5Smt. Vidhya Wati and Smt. Santosh Kumari Memorial Scholarship PrizeCT5General Insurance, Life and Health Contingencies
6Shri. R M Joshi PrizeCT7Business Economics
7Shri. G S Diwan Centenary Commemoration PrizeCT8Financial Economics
8The Future Actuary PrizeCA1Actuarial Risk Management
9J R Joshi PrizeCA3Communication
10Shri. G S Diwan 100th Birth Anniversory Memorial Education PrizeST1Health & Care Insurance
11Late Shri. Janardan Pundalik Nerurkar PrizeST2Life Insurance
12Shri. K A Pandit Memorial PrizeST4Pensions & Other Employee Benefits
13Shri. Kamal Kumar Noranglal Podar PrizeST5Finance and Investment A
14Late Shri. D Basu PrizeST6Finance and Investment B
15Shri. Peter Akers PrizeST7General Insurance – Reserving and Capital Modeling
16Shri. G S Diwan 100th Birth Anniversary Memorial Education PrizeSA1Health & Care Insurance
17Shri. G S Diwans Memorial PrizeSA2Life Insurance
18Late Shri K P Sarma Memorial Prize for the Meritorious in General InsuranceSA3General Insurance
19Canada Life Scholarship Endowment PrizeSA4Pensions & Other Employee Benefits
20Shri. G S Diwan Memorial Scholarship PrizeSA6Investment

Academic Excellence Award

  • The Prize fund for highest marks is instituted by contribution given by various donors to Institute of Actuaries of India.
  • This Prize fund has been constituted for student scoring highest marks in March/September exam date.
  • The Award consists of prize money of Rs. 5000/-
  • Details of candidates will be published on the website and in the Actuary India magazine.

Other Awards

NO.NAME OF THE AWARDSUBJECTNAME OF SUBJECT
1Principal Financial Group AwardFor Associate shipPrincipal Financial Group
2Meena Sidhwani Memorial Academic Excellence AwardFor Fellowship

The awards are presented in the “Global Conference of Actuaries” in the Actuarial Gala Functions and Awards (AGFA) Ceremony in February every year.

  • Academic Excellence Award is instituted by various companies.
  • This Award fund has been constituted for student scoring highest marks in CA, ST & SA level subjects for March/September exam date.
  • The Award consists of prize money of Rs. 5000/-
  • Details of candidates will be published on the website and in the Actuary India magazine.
  • The Award is presented in the “Global Conference of Actuaries” in the Actuarial Gala Functions and Awards (AGFA) Ceremony in February every year.
    • Principal Financial Group Award for Associate shipThis Award Instituted by Principal Financial Group to the Student who completing Associateship within 3 years will receive Gold Medallion worth Rs. 25,000/-. There will be only one award in a year. In case of tie, the shortest time from the date of joining would be taken. In case, the tie still exists than it would be decided in favor of the younger candidate. If tie still exists than a decision would be taken at that point in time.
    • Meena Sidhwani Award Fund – FellowshipThe Scheme of Prizes / Awards is effective from year 2002. This award is given to perpetuate the Memory of Ms. Meena Sidhwani. This Award maintain by the Institute and given to the Student who completing Fellowship within 4.5 years from the date of joining will receive Gold Medallion worth Rs. 25,000/. There will be only one award in a year. If tie still exists than a decision would be taken at that point in time.