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

0 167 Views | Posted 2012-02-18 12:31:38
Asked by rahul jain

The question is closed for answering

  • 2 Answers

  • Shiksha Ask & Answer

    Answered by

    Manmeet Kaur | Guide-Level 12

    2012-02-18 12:37:46
    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
  • Shiksha Ask & Answer

    Answered by

    shaban | Guide-Level 11

    2012-02-18 14:56:48
    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.
    If you like this answers, than please mark it as a Thumbs Up or rate it as a Best Answer.
    Thanks.
    All the Best.

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