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Hi,
Actuarial science is a course that concentrates on the mathematical and statistical analysis of risk, and their applications to insurance and other business management problems.
A number of universities offer UG and PG courses in actuarial sciences. Any one above 18 years of age with proficiency in mathematics and statistics can take up the course and become an Actuary. The candidate must pass 10+2 or equivalent
Graduate Courses:-
B.A (Insurance)
Bachelor of Science in Actuarial Science
Eligibility: Candidates who wish to pursue a Undergraduate in actuarial science or a certificate course in actuarial science should have a pass class in the XII standard.
Post Graduate Course:-
M.S.C in Actuarial Science
Master’s program in Insurance Business
MBA in Actuarial Science
PG Diploma in Certified Risk and Insurance management
PG Diploma in Insurance Science
Post graduate diploma in Actuarial Science
Eligibility: Candidates who wish to go for PG courses should have Bachelor’s degree.
Admission will be on the basis of the merit scored in the institute’s entrance exam. Actuarial Science Entrance Exam Admission IGNOU and Institute of Actuaries of India - May Examination are some of the entrance exams.
Employment Opportunities- LIC, GIC, ESIC, Banks, Stock Exchanges and other financial institutions controlled by Govt. & Private bodies.
For more, refer-
https://www.shiksha.com/getArticleDetail/2311/Actuarial-Science-A-Zero-Unemployment-Professional-Program
https://www.shiksha.com/getArticleDetail/1561/Weigh-Actuarial-Science-As-A-Job-Option
Feel free to discuss further. Found this useful? Click on the thumbs up below or mark it as best.

Hi dear, do visit us
Dadar
Study Room & Regular Batches will be conducted in Dadar
if u wish to come on any weekday, do so by prior appointment and do come at Following address:
Sankalp IAS Forum,
Padhyewadi,Nr kabutarkhana,
(Nr Ram Mandir,Kabutarkhana Bus stop for buses going towards Worli/Churchgate i.e towards South)
Tip: 3 miniutes walking from Kabutarkhana towards Churchgate/CSTM/Siddhivinayak Mandir side)
Near Trophy House,
Dadar West,
Mumbai.
Delhi:
Sankalp IAS Forum,67,Above Canara Bank,
Old Rajendra Nagar,
Delhi
Call:9711274971 .
THANE:
Sankalp IAS Forum,
12,Rajdarshan Society,B wing.
Behind Kotak Mahindra bank/ICICI Bank ATM
Just Outside Platform No 1 of Thane Rly station
Thane west,Call 9004436983
- See more at: http://sankalpias.com/contactMumbai-Kalyan-Dombivili-Powai#sthash.3NBDKYpU.dpuf

Hello dear, do visit us at ,
Dadar
Study Room & Regular Batches will be conducted in Dadar
if u wish to come on any weekday, do so by prior appointment and do come at Following address:
Sankalp IAS Forum,
Padhyewadi,Nr kabutarkhana,
(Nr Ram Mandir,Kabutarkhana Bus stop for buses going towards Worli/Churchgate i.e towards South)
Tip: 3 miniutes walking from Kabutarkhana towards Churchgate/CSTM/Siddhivinayak Mandir side)
Near Trophy House,
Dadar West,
Mumbai.
Delhi:
Sankalp IAS Forum,67,Above Canara Bank,
Old Rajendra Nagar,
Delhi
Call:9711274971 .
THANE:
Sankalp IAS Forum,
12,Rajdarshan Society,B wing.
Behind Kotak Mahindra bank/ICICI Bank ATM
Just Outside Platform No 1 of Thane Rly station
Thane west,Call 9004436983
- See more at: http://sankalpias.com/contactMumbai-Kalyan-Dombivili-Powai#sthash.3NBDKYpU.dpuf

Hi,
As per your query, it seems that you wish to pursue masters degree from universities in Germany, so regarding this please remember Germany is one of the finest study destination to pursue masters degree, there are many good universities in Germany offering masters degree in various fields like:
- Mechanical engineering.
- Civil engineering.
- Electrical engineering, and many more fields.
For your reference find below some of the finest universities in Germany offering masters degree in various fields.
- FH Aachen - University of Applied Sciences (Aachen).
- RWTH Aachen University (Aachen).
- Chemnitz University of Technology (Chemnitz), and many more universities.
Please remember every university has its own course specific eligibility criteria for admission, in order to know the exact eligibility criteria it would be always advisable to browse through the university's website you wish to apply.
Overall, in order to pursue masters degree from universities in Germany, you need to have relevant undergraduate degree from recognized university with good academic record preferably 60%-70% plus in graduation, plus you need to take below mentioned tests:
1. GRE.
2. TOEFL or IELTS.
However please remember since Germany is a non English speaking country, and their national language is German, so it is always advisable for students to pursue some basic level German language course before leaving for Germany.
Feel free to raise more questions. Appreciate by giving it thumbs up or marking as best.
All the Best.

Hi,
As per your query, pursuing MBA would be the best option for you, please remember in order to pursue full time MBA or PGDM program you need to be graduate in any field with atleast 50% marks in graduation, plus you need to take various management entrance test like CAT, MAT, XAT, SNAP, etc.
Regarding preparation of these tests, I would suggest you to join some good coaching institute in your city which offers quality coaching for various management entrance tests.
These institute offers regular and weekend classes, plus they conduct mock test on regular basis.
For your reference find below some of the finest coaching institutes which offers quality coaching for various management entrance tests.
- TIME.
- Career launcher.
- IMS.
However as per your profile, I would suggest you to work for 2-3 years after completing your engineering and then opting for MBA, the advantage of this step would be that after working for few years you would know which specialization to opt in MBA that can further enhance your career prospects.
This work experience of yours would give you competitive advantage over other candidates with no work experience during MBA admission.
Finally if you work for some years then you may yourself manage the expenses for your further studies.
Please note that, the final selection in MBA or PGDM program is made on the basis of:
1. Education background of the students.
2. Score in various management entrance tests.
3. Performance in group discussions and personal interview.
4. Work experience if any.
Please browse through the link mentioned below to get detailed information regarding rankings of various B-schools in India.
Link: https://www.shiksha.com/top-mba-colleges-in-india-rankingpage-2-2-0-0-0
As per your query regarding pursuing MBA from abroad, then please remember in order to pursue MBA from good universities abroad , you need to have atleast 3-4 years of full time work experience after graduation.
Besides work experience you also need to have very good academic record, preferably 60%-70% plus in graduation, plus you need to take below mentioned test:
1. GMAT.
2. IELTS or TOEFL.
For your reference find below some of the finest study destination to pursue MBA:
1. US.
2. UK.
3. Canada.
4. Australia.
5. New Zealand.
Feel free to raise more questions. Appreciate by giving it thumbs up or marking as best.
All the Best.