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  1. #1
    Unregistered

    How to do graduation in Actuarial Science and what are the career prospects of this subject?

    Im currently in FYJC (science) with physics, chemistry, maths and computer science as my subjects. Im interested in going in for specialization in Actuarial Science. But I want to know whether I should do BSc in Actuarial Science or BSc with Actuarial Science as a subject or is it more advisable to do BSc IT and appear for the Actuarial Science papers alongside? How long does it generally take to clear all the papers? Is this career option financially more rewarding than a degree in engineering followed by MBA? Which are the institutes in Mumbai offering Actuarial Science? And please give me information regarding the Entrance Exam and how to apply for it?


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  3. #2
    Expert
    Join Date
    Jun 2010
    Posts
    6,639

    Re: How to do graduation in Actuarial Science and what are the career prospects of this subject?

    It is good to see that you have planned to pursue a course in a field you have interest in. With the opening of the insurance sector, new private banks and various mutual fund organisations being set up, the demand for actuarialist has increased. It would be better to specialise in the stream since you have interest in it. This will give you an in depth knowledge in this field. So you should take up B.Sc in Actuarial Science as a course. You may need to appear for an entrance exam depending on the institute and course you plan to pursue. Some of the entrance exams are IGNOU Actuarial Science entrance exam, Institute of Actuaries of India entrance exam which is held in the month of May normally. Some of the reputed institutes located in Mumbai are the D.S. Actuarial Education Services and Institute of Actuaries of India. It would good if you pursue further studies and complete your Masters in the stream too. The pay scale in the private sector will be higher in private sector than Government organisations. After gaining experience you can consider setting up private practice.




  4. #3
    Advisor
    Join Date
    Jun 2010
    Posts
    1,107

    Re: How to do graduation in Actuarial Science and what are the career prospects of this subject?

    A candidate who wishes to join the Actuarial Science graduation courses needs to have successfully passed +2. Candidates must have completed +2 from a recognized board of education. All candidates need to fulfill this basic eligibility for this course. There are many reputed institution which offer this course. Candidates successfully completing this course are endowed with huge job prospects. Graduates in Actuarial science can even start their own consultancy firm, if they are up to that. There are even multinational companies which recruit candidates from this field of study. In India some of the top most institutions which offer this course are Actuarial Institute of India, University of Delhi etc.

  5. #4
    Manoj Kr
    Join Date
    Jun 2011
    Posts
    109

    Re: How to do graduation in Actuarial Science and what are the career prospects of this subject?

    there are many reputed institute and firm, from where you can do actuary. Now every banjk need an Actuarist, so there will be a huge need of it.

  6. #5
    Unregistered

    Re: How to do graduation in Actuarial Science and what are the career prospects of this subject?

    Hi i am Amit Sharma, currently working in Bangalore as Software Engineer. I am thinking to pursue my carrer in Actuarial Science. I want some information regarding this,
    1. how to get enroll in Actuarial Science?
    2. What are prospects for me ?
    3. Can you guide me with some study materials?

    amit.sh1094@yahoo.in is my email id
    Thanks in advance.

  7. #6
    Unregistered

    Re: How to do graduation in Actuarial Science and what are the career prospects of this subject?

    i am graduate in arts with economics subject can i go for acturial science

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