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 — an actuary who had worked through the system himself — watched too many bright, hardworking students get let down by coaching institutes that overpromised and underdelivered. High fees. Overcrowded classrooms. Faculty who taught theory but had never sat an actuarial exam. Students who paid once and were left alone when they failed.

On 1st October 2016, he opened S.MONK in Mumbai with a different philosophy: maximum 30 students per batch, personal attention for every student, and a promise that if you don't pass, you come back and study for free. Not as a marketing line — as a genuine commitment backed by real teaching confidence.

"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 encrypted pre-recorded content. Every student — whether sitting in our classroom or studying on a train in rural India — gets the same faculty, the same material, and the same commitment to their success.

Ravi Vyas — Founder, S.MONK School of Actuaries
Ravi Vyas
Founder & Lead Faculty
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 — 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 — 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 — 2026
12,000+ Students & ₹5 Crore Scholarship
S.MONK announces India's largest actuarial scholarship fund — ₹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 Actuary Mumbai Since 2016

Ravi Vyas is the founder and heart of S.MONK. He built S.MONK out of a genuine frustration with the state of actuarial coaching in India — too many students being misled by overcrowded classrooms, unqualified faculty, and false salary promises. 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, Senior Faculty, S.MONK

Pranay Sharma

Senior Faculty
Engineer 10 Years Teaching 6 Exams Cleared

Pranay Sir brings a unique combination of rigorous engineering thinking and deep actuarial examination experience to his teaching. An engineer by training, he has spent over 10 years teaching actuarial science at some of Mumbai's most respected institutions — including R.A. Podar College of Commerce & Economics (an IAI-accredited institution), BASF at HSNC University, and BAQF at Jai Hind College.

With 6 actuarial examinations cleared himself, Pranay Sir knows exactly what the examiner is looking for — and teaches students to think that way. His structured, methodical approach and consistently high student pass rates have made him one of the most sought-after actuarial faculty members in Mumbai.

Subjects Taught at S.MONK
CS1 CM1 CS2
Key Credentials
Engineer — analytical rigour applied 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

Gajanan Kharche is a seasoned actuarial professional with deep industry experience spanning Swiss Re, WNS Global Services, AXA Business Services, Principal Global Services, and JB Boda. An IAI qualified actuary and B.E. Information Technology graduate from Atharva College of Engineering, Mumbai, he brings real-world life insurance expertise directly into the classroom.

Gajanan's specialist expertise covers life insurance pricing and valuation, statutory reporting, surplus analysis, Solvency II, RBC frameworks, and Moody's Axis model development. He has led teams and delivered model development and automation across several of India's largest insurance and reinsurance operations. Students taking CS2 benefit directly from this hands-on experience.

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

Yash Prahladka holds one of the most impressive credential combinations of any actuarial faculty in India — FIAI (Fellow, Institute of Actuaries of India), FIA (Fellow, Institute and Faculty of Actuaries, UK), and CFA® charterholder. He is currently Associate Vice President — Actuarial at SBI Life Insurance, and brings active, senior-level industry experience to every class.

Previously at ICICI Prudential Life Insurance for over 5 years, Yash has hands-on experience in IFRS 17 implementation, product pricing and filing, Prophet model development, reinsurance treaty analysis, and experience studies. His B.Com (Finance & Accounting) from St. Xavier's College Kolkata gives him the financial rigour to make CM2 concepts genuinely accessible.

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

Note on faculty availability: S.MONK operates multiple batches for each subject across offline (Mumbai), online, and recorded formats. All faculty are active industry professionals and academics — batch allocation and faculty assignments may vary by subject, time slot, and format. All faculty are confirmed professionals with verified actuarial credentials. Contact us at admin@smonk.in to ask about specific faculty for your batch.

Ready to Learn From the Best?
Your Batch Starts 18 April 2026.

All 6 subjects starting 18 April 2026 — offline in Mumbai and online worldwide. Limited to 30 seats per batch. Enrol today or book a free counselling session first.