<option value="0">Seleccione una opcion</option>
<option value="1">1</option>
<option value="2">2</option>
<option value="3">3</option>
<option value="4">4</option>
<option value="5">5</option>
<script src="https://ajax.googleapis.com/ajax/libs/jquery/1.12.4/jquery.min.js"></script>
$('select').on('change', function(){
var valor = $(this).val();
$('#Alternativas').load('@Url.Action("CuentasEdit","Home")',{id: valor});