Actuaries’ science is that branch of science that deals with the risks and management of money in the market. The various methods of calculating formulas for the investment and market purposes are what this branch of science deals with. The branch has huge importance and practical applications and that is the reason that various courses of various levels are being offered in Actuaries Science. One of them is M.Sc in Actuaries Science.

The course involves a detailed study of the mathematics and its various aspects that deals with calculations related to the market. The various principles and formulas are studied keenly under this course. The course also covers those items that B.Sc in Actuaries science misses out.

One requires being at least a graduate in order to be eligible for this course. The passing degree should be of a well affiliated and recognized educational institute of India.

Course outlook:

The duration of this course is 2 year which is further divided into 2 parts, each being of one year. At the end of every year an examination is conducted to check the performance of the candidates pursuing this course.

Job Prospects:

One can open his or her own consultancy firm, or can join big consultancy companies. Even jobs in various multi national companies are offered to these degree holders. One can also choose research field in this subject for the benefit of the market.

Best places to pursue:

Actuarial Institute of India, Mumbai

Institute of Certified Risk and Insurance Managers, Hyderabad

University of Delhi, Delhi

Department of Humanities and Social Sciences, Indian Institute of Technology (IIT), Mumbai