Actuarial Science
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New answer posted
a year agoContributor-Level 10
Here are some Actuary jobs with high earning potential:
| Actuary Jobs | Average Salary |
|---|---|
| Investment banker | INR 16.6 LPA |
| Operations Research Analyst | INR 6.8 LPA |
| Statistical Analyst | INR 9.3 LPA |
| Risk Analyst | INR 7.7 LPA |
| Data scientist | INR 14.5 LPA |
New answer posted
a year agoContributor-Level 10
The average salary of a Actuarial Analyst is INR 7.6 LPA in India. The higher salary package or designation also depends on one's experience, skillset, and job location.
New answer posted
a year agoContributor-Level 10
Actuarial Science courses revolve around 5 major subjects, i.e., English, Mathematics, Statistics, Logic and Data Interpretation. The syllabus is generally divided into 4 stages: Core Technical, Core Application, Specialist Technical, and Specialist Application.
New answer posted
a year agoContributor-Level 10
ACET is Actuarial Common Entrance Test which is a 3-hour, 100 marks online exam that has 70 multiple choice questions. Institute of Actuaries of India conduct this university-level exam to provide admission to Actuarial programs at Indian institutions.
New answer posted
a year agoContributor-Level 10
Actuarial Science courses are primarily based on Mathematical techniques and coming from a non-math background will not help you meet the requirements for becoming an Actuary. That's why, Mathematics is a mandatory subject for Actuarial Science courses admission.
New answer posted
a year agoContributor-Level 10
Actuarial Science courses are offered at various levels, hence, the eligibility criteria also differ depending on the course level. For UG courses, a candidate must pass Class 12 with Mathematics subject with a minimum of 50% aggregate score. For PG course, the candidate must obtain a bachelor's degree in a relevant discipline, and for Doctorate, the candidate must obtain a master's degree in a relevant discipline.
New answer posted
a year agoContributor-Level 10
Actuarial science is a highly respected field that deals with assessing and managing risk. For individuals with an interest in business, statistics, or mathematics, this course is thought to be beneficial. Professionals in actuarial Science are in great demand, and there is expectation that the field will continue to expand in the years to come. Although they can be found in other sectors like consulting and government, actuaries are primarily employed in the insurance and financial services industries. Actuaries are well-known for having large earning potential and for being well-positioned in their organizations as leaders.
New answer posted
a year agoContributor-Level 10
Actuarial Science are offered at various levels from UG, PG, Doctorate to Diplomas and Certifications. So, the duration also vary depending on the course type. While the UG courses are 3-4 years long, PG courses are 2-year long, Doctorate courses lasts for 3-5 years, and Diplomas and Certifications can go from 6-18 months.
New answer posted
a year agoContributor-Level 10
Actuarial Science courses are considered one of the toughest courses in India and exams for actuarial positions can be more difficult than those for chartered accountants (CAs) because candidates must have a strong foundation in Statistics, Analysis, and Mathematics.
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