Scope after B.Sc in Actuarial Science


Bachelor of Science in Actuarial Science degree can be completed by aspirants who have minimum marks in the plus two levels. This course will be of 3 years duration. This course focuses on the study of basic concepts and risk factors concerning the field of insurance sector. B.Sc in Actuarial Science pass outs has several higher study options available in various disciplines. Several short term and long term certifications are also available for B.Sc in Actuarial Science graduates. Numerous career opportunities are also available for B.Sc in Actuarial Science pass outs. Several institutes in India offer B.Sc in Actuarial Science as well as higher studies in the field for aspirants who want to build a career in Actuarial Science.

Higher studies options after B.Sc in Actuarial Science

Below given is the list of higher study options available for B.Sc in Actuarial Science graduates.

  • Master of Science in Actuarial Science
  • Post Graduate Diploma in Actuarial Science
  • PG Diploma in Insurance and Risk Management
  • PG Diploma in Insurance Science
  • PG Diploma in management of Insurance and financial services

By completing any of these higher studies one can find numerous job openings in several industries related to insurance sector. Good hike in salary will be an added advantage for aspirants who hold a higher level degree in the field of Actuarial Science.

Other certification courses after B.Sc in Actuarial Science

Numerous certification courses are also available for B.Sc in Actuarial Science. By fulfilling any of those certification courses these graduates can work in numerous job profiles in various industries. Some job profiles demand certain certifications and fulfilling these certifications will be a plus point for these graduates. Some of the common certification courses which can be pursued by B.Sc in Actuarial Science graduates include the following.

  • Certificate course in intermediaries in Specific insurance subjects
  • Courses for Insurance managers

Career scope after B.Sc in Actuarial Science

B.Sc in Actuarial Science graduates can work in any of the following industries where they can engage in numerous job profiles.

  • Life insurance firms
  • Investment sector
  • Government employees benefits departments
  • Health care units
  • Consulting firms
  • Banking sector

These graduates have several job openings in various industries in the Private sector and Public sector. They can write several tests conducted by relevant boards which will enable them to work in numerous promising fields. Companies abroad will also provide numerous employment opportunities for aspirants in the field of Actuarial Science. Several certification courses are offered for these graduates abroad that will make them efficient to work in several unique job profiles available there.



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3 Responses to “Scope after B.Sc in Actuarial Science”

  1. 3
    manisha oza:

    I have done actuarial science Bsc degree from u.k .Is the exemptions in papers given by u.k actuarial society acceptable at other actuarial society in other countries ?if yes which countries ? which part time masters course would you suggest ?could you suggest some companies in canada who employs freshers who can work as wellcan do part time study .

  2. 2

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    If you are dreaming of a highly rewarding and challenging career in the field of mathematics, then actuarial Science is an interesting option. The actuarial profession was formally established in 1848 with the formation of Institute of Actuaries (London).At one point of time it was the only institute in the world to conduct actuarial professional examination. Later in 1944 was formed the actuarial Society of India whose main aim was the advancement of actuarial profession in India.

    The Job
    Actuarial science is a discipline that applies mathematical and statistical methods to assess risks in the insurance and finance industries. An actuary is a business professional who analyzes the financial consequences of risk. These professionals work in various insurance companies, employee benefits departments of large corporations, banks, stock exchanges, consultancies and other financial institutions controlled by government and private bodies.

  3. 1
    amir ahmad dar:

    actually what is the scope after doing bsc actury