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Prizes for Exam Performance

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 AWARDS SUBJECT NAME OF SUBJECT
      1 Shri R. Krishnaswamy Memorial Prize CT1 Financial Mathematics
      2 Shri. Atma Ram, Shri Chhaju Ram and Smt. Parvati Devi Memorial Scholarship Prize CT2 Finance and Financial Reporting
      3 Shri. H V Krishnamurthy Prize CT3 Probability and Mathematical Statistics
      4 Shri. R. Krishnaswamy Prize CT4 Models
      5 Smt. Vidhya Wati and Smt. Santosh Kumari Memorial Scholarship Prize CT5 General Insurance, Life and Health Contingencies
      6 Shri. R M Joshi Prize CT7 Business Economics
      7 Shri. G S Diwan Centenary Commemoration Prize CT8 Financial Economics
      8 The Future Actuary Prize CA1 Actuarial Risk Management
      9 J R Joshi Prize CA3 Communication
      10 Shri. G S Diwan 100th Birth Anniversory Memorial Education Prize ST1 Health & Care Insurance
      11 Late Shri. Janardan Pundalik Nerurkar Prize ST2 Life Insurance
      12 Shri. K A Pandit Memorial Prize ST4 Pensions & Other Employee Benefits
      13 Shri. Kamal Kumar Noranglal Podar Prize ST5 Finance and Investment A
      14 Late Shri. D Basu Prize ST6 Finance and Investment B
      15 Shri. Peter Akers Prize ST7 General Insurance – Reserving and Capital Modeling
      16 Shri. G S Diwan 100th Birth Anniversary Memorial Education Prize SA1 Health & Care Insurance
      17 Shri. G S Diwans Memorial Prize SA2 Life Insurance
      18 Late Shri K P Sarma Memorial Prize for the Meritorious in General Insurance SA3 General Insurance
      19 Canada Life Scholarship Endowment Prize SA4 Pensions & Other Employee Benefits
      20 Shri. G S Diwan Memorial Scholarship Prize SA6 Investment

      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 AWARD SUBJECT NAME OF SUBJECT
        1 Principal Financial Group Award For Associate ship Principal Financial Group
        2 Meena Sidhwani Memorial Academic Excellence Award For 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 ship

            This 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 - Fellowship

            The 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.