Education and Career Forum

good evening sir,

I want to know about the field of actuaries?

waiting for your reply

thanking you

Sure actuaries is an interesting field. It is a must that the candidates who are planning to pursue a course in this field be good in statistics and mathematics. There are many institutes in the country like Birla Institute, Amity School of Insurance and Actuarial Science etc. You will need to appear for entrance exam to secure admission in these institutes. On completion of the course job opportunities are available in various Insurance companies, Mutual Fund companies etc.

Hi,
Charu, Yes Actuaries is good Career Option, You will get better job opportunities after doing Acturial Science

Hello Dear,

Actuarial science or Insurance applies mathematical principles to assess risks of insurance and premium.

Actuaries field having a good career option in government sector as well as the private sectors.

The salary range in Government sector is in between Rs. 3000 /- to Rs. 8000 /- for development officer and Rs. 14,000 /- to Rs. 16,000 /- for Zonal managers.

and In Private sectors the salary starts in between Rs. 6000 /- to Rs. 9000 /- and for management graduates salary starts in between Rs. 15,000 /- to Rs.25,000 /-

Actuaries provide services in following sectors like

i. Finance and investment,
ii. Insurance (health, life, general) and
iii. Several benefit plans.

The courses on Actuarial Science and their details are as follows: -

1. B.A (Insurance), Course Duration: 3 years = Eligibility Class XII.

2. PG Diploma in Certified Risk and Insurance management, Course Duration: 3 years = Eligibility Graduation

3. Certificate course in intermediaries in Specific insurance subjects, Course Duration: 3 months = Eligibility Graduation

4. Course for insurance agents, Course Duration: 1 Week = Eligibility Class XII

5. Courses for Insurance managers, Course Duration: 1 year = Eligibility: Graduation

6. PG Diploma in Insurance and Risk Management, Course Duration: 1 Year (regular), 18 months (part time) = Eligibility: Graduation / CA

7. B.S.C (with Actuarial science as a subject as an approved combination), Course Duration: 3 years = Eligibility Class XII

8. PG Diploma in Insurance Science, Course Duration: 1 year = Eligibility Graduation

9. PG Diploma in management of Insurance and financial services, Course Duration: 15 months = Eligibility Graduation

10. Master's program in Insurance Business, Course Duration: 2 years = Eligibility Graduation.

11. Foundation in Financial Planning = Eligibility Graduation

12. M.S.C in Actuarial Science, Course Duration: 2 years = Eligibility: B.Sc.


........ etc. ......... Good Luck ..............

thank you sir

is actuaries field best or should i opt for ca after 12th.

IS ACTURIES A GOOD CARRIER & IS IT DIFFICULT..?