Our Story

Building Actuaries
Since 1st October 2016

What started as one man's frustration with poor actuarial coaching has grown into India's most trusted actuarial school, with 12,000+ students across 90+ countries and a 100% placement record that no competitor comes close to matching.

12K+
Students Trained Since 2016
78%
Exam Pass Rate
100%
Placement Record
90+
Countries Reached
300+
Currently Active Students
97%
Student Satisfaction
The Founding Story

One Actuary's Decision
to Change Everything

In 2016, Ravi Vyas — a semi-qualified actuary who'd worked through the system himself — watched too many students get let down by coaching institutes that overpromised: high fees, overcrowded classrooms, faculty who'd never sat the exams they taught, and no support after a failed attempt.

On 1st October 2016, he opened S.MONK in Mumbai with a different model: 30 students per batch, personal attention for every student, and a genuine promise — if you don't pass, you come back and study for free.

"I started S.MONK because I knew actuarial coaching in India could be done honestly and at the highest standard. Nine years and 12,000 students later, I am more convinced of that than ever."

Ravi Vyas, Founder & Lead Faculty, S.MONK

Today, S.MONK teaches students in 90+ countries through its Mumbai centre, live online sessions, and recorded content — every student, whether in our classroom or on a train in rural India, gets the same faculty, material, and commitment.

Ravi Vyas, Founder, S.MONK School of Actuaries
Ravi Vyas
Founder & Lead Faculty
Semi-Qualified Actuary Founder, S.MONK CM1 · CM2 · CS1 · CS2 · CB1 · CB2 Est. October 2016
Since
2016
What We Stand For

Our Values Are Not
Slogans. They Are Rules.

Radical Honesty
We tell students exactly what actuarial science requires: the time, the difficulty, the exams. We don't overpromise. We prepare.
Real Commitment
Pay Once Until You Pass is not a tagline. It is a financial and moral commitment to every student we admit. We back our teaching with skin in the game.
Equal Access
A student in rural Bihar deserves the same teaching as one sitting in our Mumbai classroom. Same faculty, same content, same price, online or offline.
Industry Readiness
Passing the exam is not enough. We build analysts, with Excel modelling, R programming, and the practical skills employers actually hire for.
Student First
Ravi Sir has provided lodging for students with nowhere to stay. Our WhatsApp groups are answered at 11pm. That is not a policy. It is who we are.
Opportunity for All
Our ₹5 Crore scholarship fund exists because talent cannot afford to wait. Financial circumstances should never stop a brilliant student from becoming an actuary.
Our Journey

Nine Years.
One Mission.

From a single classroom in Vile Parle to students in 90+ countries. every milestone below was built on real student outcomes, not marketing.

October 2016
S.MONK Founded
Ravi Vyas opens S.MONK in Vile Parle West, Mumbai with the first batch of CM1 students. Maximum 30 per batch from day one.
2017 to 2018
Pay Once Until You Pass Introduced
S.MONK becomes possibly the first actuarial coaching institute in India to formally offer fee-free re-attendance for students who don't clear their exam.
2019
Online Expansion
S.MONK launches live online classes, making the same faculty and content accessible to students across India and internationally.
2020 to 2021
90+ Countries Reached
During the pandemic, international enrolments surge. S.MONK serves students from the UK, UAE, Bangladesh, Sri Lanka, and across Africa and Southeast Asia.
2022
10,000 Students Milestone
S.MONK crosses 10,000 cumulative students trained, a milestone reached through word of mouth and consistent results, not advertising.
2025 to 2026
12,000+ Students & ₹5 Crore Scholarship
S.MONK announces India's largest actuarial scholarship fund of ₹5,00,00,000, to ensure financial barriers never stop a deserving student from joining the profession.
Placement Proof

Our Alumni Are
Our Track Record.

Richie Sawant
Richie Sawant
Fellow Actuary, Consultant
Willis Towers Watson
"His no-nonsense approach completely de-cluttered my concepts."
Urjita Jhabak
Urjita Jhabak
Senior Manager (Actuarial)
Kotak Life Insurance
"A genuine dedication to help students is what forms the core of S.MONK."
Saania Shaikh
Saania Shaikh
Manager, Actuarial
Marsh McLennan
"S.MONK is not just a tutorial class. Teachers here care."
Janvee Shah
Janvee Shah
Senior Advisor, Risk Analytics
Gallagher Re
"S.MONK has always felt like family."
Ameya Deo
Ameya Deo
Actuarial Analyst
Gallagher Re
"Making concepts crystal clear, not just exam prep."
Mritunjoy Paul
Mritunjoy Paul
Actuary Aspirant & PhD Student
International Student
"Choosing S.MONK was one of the best decisions I made."
Mumbai city, home of S.MONK School of Actuaries
Based in Mumbai Since 2016

B-404, Vertex Vikas, Andheri East,
where 12,000+ actuarial careers began.

Our Faculty

Taught by Professionals
Who Live the Profession

Every S.MONK faculty member is an active industry professional or examiner, not a full-time coach reading from textbooks. They bring real-world experience to every concept they teach.

Ravi Vyas, Founder, S.MONK School of Actuaries

Ravi Vyas

Founder & Lead Faculty
Founder Semi-Qualified Actuary Mumbai Since 2016

Ravi Vyas is the founder and heart of S.MONK — since October 2016, he has personally taught thousands of students across CM1, CM2, CS1, CS2, CB1, and CB2.

What sets Ravi Sir apart is not just his technical mastery. It is his commitment to students as people. He has provided lodging to students who had nowhere to stay, answered doubts at midnight, and stood by students through multiple exam attempts without ever making them feel like a burden. The consistent theme in every alumni review is the same: he genuinely cares.

Subjects Taught
CM1 CM2 CS1 CS2 CB1 CB2
Key Credentials
Founder, S.MONK School of Actuaries (2016)
9+ years of actuarial coaching experience
12,000+ students trained across 90+ countries
100% placement record for programme completers
Pioneer of Pay Once Until You Pass model in India
Pranay Sharma, Faculty, S.MONK

Pranay Sharma

Faculty
Semi-Qualified Actuary B.Tech (Engineer) 10 Years Teaching

An engineer with 10+ years teaching actuarial science at Mumbai's top institutions and 6 actuarial exams cleared himself, Pranay Sir teaches CS1, CM1 and CS2 with the structured, exam-focused approach that comes from knowing exactly what examiners look for.

Subjects Taught at S.MONK
CS1 CM1 CS2
Key Credentials
Engineer, applying analytical rigour to actuarial teaching
10+ years of actuarial teaching experience
Faculty at R.A. Podar College (IAI accredited body)
Faculty at BASF, HSNC University & Jai Hind College
6 IFoA / IAI actuarial examinations cleared
Gajanan Kharche, Faculty, S.MONK

Gajanan Kharche

Faculty, CS2
IAI Qualified Industry AVP Swiss Re

An IAI-qualified actuary with senior roles at Swiss Re, WNS and AXA, Gajanan brings hands-on life insurance pricing, valuation and Solvency II experience straight into the CS2 classroom.

Subjects Taught at S.MONK
CS2
Key Credentials
IAI Qualified Actuary
B.E. Information Technology, Atharva College, Mumbai
AVP, Swiss Re GBS (Bengaluru)
Group Manager Actuarial, WNS Global Services
Expert: Solvency II · Moody's Axis · SQL · VBA · Life Pricing
Yash Prahladka, Faculty, S.MONK

Yash Prahladka

Faculty, CM2
FIAI · FIA CFA® AVP @ SBI Life

A rare FIAI–FIA–CFA® combination and current AVP Actuarial at SBI Life, Yash brings 5+ years of IFRS 17, pricing and Prophet modelling experience from ICICI Prudential straight into CM2.

Subjects Taught at S.MONK
CM2
Key Credentials
FIAI, Fellow of the Institute of Actuaries of India
FIA, Fellow of the Institute and Faculty of Actuaries (UK)
CFA® Charterholder
AVP Actuarial, SBI Life Insurance (current)
5+ years at ICICI Prudential covering IFRS 17, Pricing, Reinsurance and Prophet

Note on faculty availability: Batch and faculty assignment can vary by format and time slot. Email admin@smonk.in to ask about a specific batch.

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