Education and Career Forum

what is the eligibility for the course of actuary

Actuary Courses
Actuarial Science
Through the examination of life, social and casualty insurance, students prepare themselves for the Actuarial Science Associate and Fellows exam. Students learncounting techniques, moment generating functions and insurance medicine. Students prepare for careers in insurance by learning about mortality, health outcomes and insurance policies. There is also discussion of current developments in the actuary field.
Actuarial Mathematics
In the mathematics course, students begin to create survival models and learn how to calculate insurance premiums. Many special topics are covered, including multiple life functions, Poisson distribution, benefit reserves and life annuities. Students prepare for the actuary exams while learning the calculus-based theories of actuarial science.
Actuarial Statistics
While both mathematics and statistics are interchangeable in the training outline, statistics focuses on assessing risk, analyzing collected data and researches the distribution of insurance claims. The continuation of learning counting techniques and models takes place in this course, along with new study of expected values, Bayes' theorem and random variables.
Interest
This course is taken after the other three core courses. Through this course, students familiarize themselves with the basics of interest on insurance policies. Simple and compound interest, annuities, depreciation and reinvestment are examined. Students are trained in calculating present and future values of insurance claims, stocksand bonds. This course is also a preparation for the Actuarial Science Associate and Fellows exam.
Actuary Training Information
Many colleges offer degrees in actuarial science, and it falls as a concentration under a science degree. The Actuarial Science Associate and Fellow exam opensup many more opportunities for graduates in the actuary field. The Society of Actuaries and the Casual Actuarial Society both offer the actuarial examinations..

Following students can apply for this course:-

1. 10+2 students with minimum 85% marks in mathematics and statistics.
2. Graduate students or post graduate students with not more less than 55% marks in mathematics related subjects.
3. Candidates with CA/ CS/ CWA/ MBA (Finance)/ PGDBA can also apply

Actuarial Science is the discipline that applies mathematical and statistical methods to assess risks in insurance and finance industries.

A fellow member of the Institute of Actuaries-India(IAI) is known as an Actuary. To become a fellow member one has to first become student of member of the Institute and then clear all the papers of the Institute and fulfill other criteria from time to time.

ELIGIBILITY CRITERIA TO JOIN ACTUARY COURSE:-

-Should have passed 10+2 or equivalent exam with at least 85% marks in Mathematics or Statistics
-Graduates or Post Graduates with not less then 55% marks in Mathematical subjects, Statistics, Economics, Computer Science, Physics paper
-Should have completed 18 years of age.
-CA, MCA, ICWA, CFA, MBA(Finance), Engineers

For further information regarding eligibility you may log on to http://www.actuariesindia.org

Guys,

Can somebody help me to know if MBA Finance by distance learning is eligible to join actuary course?

i am a 10 2 cleared student wid more than 85% in mathematics and undergoing ca-ipcc, wat step should i follow to join actuarial course

i am in 10th standard can you guide me what i need to do for taking up acturial science???
which line i have to take up:science or commerce??
pls guide me....

I am a 45 year old female, want to do actuarial course can I go for it?

Can Graduate students without mathematics can apply?

I cleared 10 2 with maths and secured 81% in maths and 96% in maths in 10th currently a student of CA Final am I eligible for the course.

i m student of c. a. I cleared c.a. Entrance can i but i m passed 12th less than 80% & b.com. Less than 55% can i apply for the actuary course ?

i am a degree student from bsc-mscs.can i apply for actuary courses?do i need to write any entrance examination?please do send me the answer for my question to [email protected]

I graduated in mathematics with 57% and MBA with First class but I having less than 85% intermediate. I am eligible for Actuarial science course in india.
Krishna

I have qualified 10 2 in 2007 with 82% marks in mathematics, in State Board of UP. I have completed my B-tech(Chemical Engg.) in 2012 having more than 85% (B ) grade in Mathematics. Am i Eligible to become a Actuary.
Appreciate a quick response.

i had completed BSc in statistics with 81 % marks but in MSc i got 44 %. So am i eligible to give actuarial papers

i passed class 12th with 95 marks in mathematics and currently doing btech in information technology...am i elligible for a course in acturial science???
my email id: [email protected]
mobile no.:9717886951
please contact me if u hav answer to my query

Dear sir, i am the student of C A final & i have passed B. Com with 60% marks &now i want to join actuary course can i do please guide me.

please tell me the details about actuaries. is that compulsory to have degree?if so open degree or regular degree is needed?please say me the entire details or the details which you know exactly?

I am ca final student can I do this...?

i am presently doing my 12th maths-bio group. can i do acturial science?how many years is the bachelor degree programme?

I have completed 12th with 85% and I hav 83% in statistics.Am I eligible for actuary course?

I am an average student In 10 2 . I scored only passing marks. I'm in cs executive too.. Am I eligible for actuary course.? Please reply on nids4angel@gmail...

i have 95% in maths in 12 class and i m from commerce background....right now i m doing bsc maths hons from delhi university....do i m eligible for acturies course?

I m bcom 1st yr student..n I m from commerce background..so m I eligible to do actuaries...m good iin maths also

Can i persue career in acturial acience after b.com? Pl tell me is there any problem of less knowledge bcz i am commerce student?

Sir, I have pass B.B.A. with 61%. Am I eligible for the actuary entrance exam ?? I am also the student of C.A. final.

I had passed my 12 class and I wanted to do actuarial science.
What process that to take admissions in it like entrance or other....
Please tell me.

I have passed felloship exam from III mumbai with subject paper no.28. (Foundation if acturial science).which is the part of paper no 81. Xan I ekigibje for acturial cource paper exam.

i'm 2 passed and currently undergoing ca-ipcc level. Am i eligible for doing acturial science? mail@ [email protected]

I have passes 10 2 but i got only 54 marks in maths ...so m i alligible for actury...

I did not opt for the subject of mathematics in my 12th STD. I am currently pursuing CA-CPT course. Am I eligible to pursue for the Actuary Course ?

Dear Sir/Ma'am, currently m doing my B. Com 1st year. And i cleared my 10 2 with average score without maths, and m interested for actuarial course. I didn't had maths but i can learn or do it. Will you tell me, can i do this course?
Mail :- [email protected]