give me detail about actuarial science...and its institute in maharashtra...
how is the exam pattern ...and which institute will provide study material for these course
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2 Answers
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Hi Rahul, Actuarial Science deals with the study of application of mathematical principles for assessing the perils or risks involved in insurance and premium.
To be eligible, a candidate must be :
1.10+2(HSC) or equivalent with at least 85% in Mathematics/ Statistics
2.Graduates or Post Graduate with not less than 55% marks in Mathematical subjects (i.e Mathematics, Statistics, Econometrics, Computer Sciences, etc.)
3.Candidates with CA/ CS/ CWA/ MBA (Finance)/ PGDBA are also eligible
To become an actuary is although not so easy because a candidate has to qualify the entrance examination conducted by the Actuary Society of India (ASI).
T...more -
Hi,
Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries.
An actuary has to combine the skills of a statistician, economist and financier and employ techniques of probability, compound interest, law, marketing, management etc to predict the outcome of future contingencies and design solutions to lessen the financial severity of such events.
It offers good job prospects and growth opportunities.
I hope this answers your query.
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Thanks.
All the Best.
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