Banking, Finance & Insurance Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements

Hi,

Actuarial Science courses are offered at many levels and in different disciplines.

Admission to most of courses is based on merit system but some MBA programs in Actuarial Science specialisation require exam like CAT, MAT, XAT, CMAT, ATMA, etc.

Admission to BSc, BCom, etc. is based on merit.

Chartered Accountancy and Actuarial Science are two different working fields of study that are related to finance. A professional in Actuarial Science deals with risk factors that can occur in future and mitigation techniques. Whereas, a Chartered Accountant is one who deals with financial impacts of past events.

Knowing major differences between Actuarial Science and Chartered Accountancy is important as finance aspirants might go for wrong field thinking both fields are similar.

Hi,

Listing down few important books which can be referred for Actuarial Science exams. I have collected information from online websites which suggests this book for exams.

1. TOMATO (Test Of Mathematics at Ten plus Two level published by ISI)
2. How to prepare for Quantitative Aptitude for CAT Editor: Arun Sharma
3. How to Prepare for Verbal Ability and Reading Comprehension for CAT by Arun Sharma and Meenakshi Upadhyay, Mc Graw Hill
4. Quantitative Aptitude for Competitive Examinations Editor: Abhijit Guha 5. Quantitative Aptitude for MBA Entrance Examinations Editor: R. S. Aggarwal

All the best!