What is actuarial science? How to apply for the same?

0 119 Views | Posted 8 years ago

  • 1 Answer

  • Shiksha Ask & Answer

    Answered by

    Seheer Ottayil Educational Expert and Columnist | Guide-Level 11

    8 years ago
    Actuarial Science is a discipline that applies Mathematical and Statistical Methods
    ( mainly Probability theory ) to asses the risks in Insurance and Financial sectors. In other words Actuaries are risk assessment professionals / specialists. They are assessing risk on the basis of probability theory and possibilities for risks in future.Also analyses previous risk histories and loss ratio and fix risk rate for insurance companies.
    Actuaries are key professionals in Insurance companies. They may get more salary than CEO. Actuaries are highly paid professionals.
    B.Sc -Actuarial Science and Masters level programs available with major univ
    ...more


    The user recommends following institutes
    Anupama College Of Management Studies and Science
    DS Actuarial Education Services Private Limited

Get authentic answers from experts, students and alumni that you won't find anywhere else

Sign Up on Shiksha

On Shiksha, get access to

  • 64k Colleges
  • 966 Exams
  • 619k Reviews
  • 1500k Answers

Learn more about...

Share Your College Life Experience

Didn't find the answer you were looking for?

Search from Shiksha's 1 lakh+ Topics

or

Ask Current Students, Alumni & our Experts

×
×

This website uses Cookies and related technologies for the site to function correctly and securely, improve & personalise your browsing experience, analyse traffic, and support our marketing efforts and serve the Core Purpose. By continuing to browse the site, you agree to Privacy Policy and Cookie Policy.

Need guidance on career and education? Ask our experts

Characters 0/140

The Answer must contain atleast 20 characters.

Add more details

Characters 0/300

The Answer must contain atleast 20 characters.

Keep it short & simple. Type complete word. Avoid abusive language. Next

Your Question

Edit

Add relevant tags to get quick responses. Cancel Post