Actuary

Both professions are good for long term career. Actuarial Science aims to understand, identify and quantify all risks in the market for financial and non-financial aspects and make sense of future. Insurance industry use Actuarial professionals to assess both economical and non-economical risks to take informed decisions. Actuarial professional undertake research and their research outcomes become crucial ingredients in modelling emerging risks and uncertainties. It is one of highest paid and respected profession in Insurance industry. There is a general shortage of Actuarial professionals across the world. Architecture is old historical well respected profession. If you are creative it is a very good profession for you. Choice profession based on your interests and natural abilities to have a satisfying career.

Hi Virendra,
Scope of Actuarial Science is in Insurance firms, Consultants, Pension funds, Financial Institutions, Risk Management, Academics, Rating Agencies, Government Firms – LIC, GIC. Opportunities are also in private Firms – Tata AIG, AVIVA, ICICI Prudential etc. The eligibility for admission is a graduate degree in Economics / Statistics or a BCom with Maths as an ancillary subject.
A Post Graduate degree in any of the above or MBA with Finance would also help. Subsequently you need to pass a series of exams held by Actuarial Society of India, Mumbai. For more information log at http://www.actuariesindia.org/.List of Institutes in India are Bishop Herber College, Trichy, Tamil nadu Website : www.bhc.ac.in, Ernakulam Insurance Institute, The National Insurance Academy, Pune, Tolami Institute Of Management Studies, P.B.No.11 Adupur, Gujarat. For information of Institutes in US log at Society of Actuaries, USA - www.beanactuary.net
I hope it helps. Please feel free to revert.
Wish you luck.