hi,

actuarial science is generally a 3 years course, the subjects or topics you need to study for 3 years course, the most core subjects are ,

• Finance
• Mathematics
• Statistics:
• Business
• Accounting
• Economics

Advanced Subjects:

• Risk Management
• Modelling
• Communication

Specialist Subjects:

• Life Insurance
• General Insurance
• Finance and Investing
• Health Insurance
• Banking
• Pension

hello candidate

well the actuarial science deals with evaluating risks and maintaining the economic stability of insurance or financial studies.

hope this helps

Hello Aspirant,

If you have a keen interest in statistics and are a fond of mathematics then Acturial Science is the perfect choice of career for you.

You can easily go on for pursuing acturial science once you have completed your 10+2 from a recognized board or any other equivalent institution and also if you have attained the age of 18.

This course of Acturial Science is very much beneficial as :

1. It provides job security.

2. Helps in solving real problems.

3. Builds up your mind in critical and creative thinking.

4. Provides the feeling of Contentment.

5. It is a top ranked job with high salary.

Hope it helps.

Good Luck!

hello

the eligibility criteria for actuarial sciences is as follows:

• Min Qualification Required: 10+2 (with Mathematics)
• Min. Marks Required (Aggregate): 50% to 60%

how to opt for actuarial sciences:

• you can apply for the ACET exam in order to pursue Actuarial Science Course offered by Institute of Actuaries of India (IAI) after passing class 12.
• For other courses, admission is done on the basis of merit in class 12 exams and entrance exams conducted by their respective universities.

hope this helps

Actuarial Sciences is actually a golden course for all the students who dream of earning a bog figure salary. Actuarial Sciences uses concepts of statistics and maths to asses the risk in insurance. There is a huge need of actuarial scientists in the world. But in the same way it is very difficult for some students to pass the papers.

It is a paper based exam and conducted by Institute of Actuaries of India.

You can follow the link to know more about the papers and subjects involved

http://www.actuariesindia.org/subMenu.aspx?id=266&val=Regular_Exams

http://www.actuariesindia.org/subMenu.aspx?id=476&val=Syllabus

Hello sir,

Yes, the demand for actuarial science in India is rising these days.

An Actuary works in insurance firms like LIC, GIC, ESIC, or Banks, Financial Institutions and stock exchanges. According to experts, the opening up of the insurance sector in the country has pushed up the demand for qualified and senior actuarial professionals.

Good luck,

Hope it helps :)

Hello kavya

The actuarial science is slowly growing and also the demand in the global market is also increasing,if you are good at maths and statistics then you can definitely go in this field.

There are many fields where you can work like :

1. Life insurance
2. General insurance
3. Health insurance
4. Reinsurance companies.
5. Pension funds.
6. Consultants
7. Investments.
8. Government
9. Risk management.
10. Academics.

Product reviewing, financial modelling, designing social security schemes and many more roles.

So there are alot of scope and also it can help you even if you choose buisness, it's always an advantage.

You have to give ACET exam then if you clear that exam you will become member of IAI, and then you can open the whole new door towards success.

There are many MNCs which hire actuary students.

So you can definitely go for actuarial science as you can go anywhere for job you will definitely get it.

I hope it helps.

Hello Pratiksha, There is no lack of actuarial science colleges in maharashtra which offer MSc course. Some of the colleges offering MSc in Actuarial science are:

1) Shri Vile Parle Kelavani Mandal's Narsee Monjee Institute of Management Studies (SVKM's NMIMS University), Vile Parle (W) (https://career.webindia123.com/career/institutes/details_colleges_Institutes.asp?group=102&inst_no=132)

2) Institute of Actuaries of India, Mumbai (https://career.webindia123.com/career/institutes/details_colleges_Institutes.asp?group=102&inst_no=8025)

3) DS Actuarial Education Services (DS Act Ed.), Mumbai (https://career.webindia123.com/career/institutes/details_colleges_Institutes.asp?group=102&inst_no=8024)

Hello Prathiksha!!Yashwantrao Chavan Maharashtra Open University is the  oly college that offers MSc (actuarial science ) and Bsc (actuarial science) courses in Maharashtra .To know detailed about the college you just go through the link provided below .

https://dqxeclau.top/university/yashwantrao-chavan-maharashtra-open-university-nashik/msc-actuarial-science-course

Hope the above information helps you .All the best !!