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Certification Actuarial Science


Have a knack for assessing risks in the insurance sector, financial sector and other professions? Having expertise in mathematical and statistical methods, very essential for decision making abilities? A Certification in Actuarial Science can get you into a career, which is one of the highest paid professions in the world? Get here the details.

Course Name: Certification Actuarial Science
Group:
Stream: Science
Course Category: Math
Duration: 6 months to 1 year

Overview

Certification in Actuarial Science is a smart career choice, as it opens up a world of opportunity. After clearing the necessary papers in the course you can get absorbed as an actuarial analyst in insurance sectors, banking organizations, financial companies and other related fields. A person certified in Actuarial Science primarily deals with the financial sector. An actuarial professional needs to have good mathematical skills and a knowledge of subjects like statistics, probability, finance, economics and even computer programming.

Eligibility

Should not be less than 18 years of age. Should have passed 10+2 with very good marks in math/statistics. Should be a graduate in math/statistics/econometrics with minimum 55% marks. Or should have done engineering/CA/ICWA/CS or MBA finance. Members of professional bodies like ICAI, ICWAI and IFAI are also eligible.

Duration

Duration of course is not fixed. One has to clear the entrance exam and the 15 prescribed subjects. Any number of subjects can be attempted at a time.


Certification Actuarial Science 2020 - 2021 Admissions/Application Enquiry

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Certification Actuarial Science - Colleges & Admission Notifications

Find the list of colleges offering Certification Actuarial Science course. Check out individual college websites to know more about the admission for 2021 - 2022 academic year. You may download the application form and course details from the official college website.

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More about the course

For success in this course, you need to have a high degree of aptitude for math and statistics. One needs dedication and single minded devotion towards successful completion of the course within a reasonable timeframe. During the course you will learn making of mathematical models of the events around us. In all, 15 subjects are to be cleared. These subjects cover techniques on mathematics, statistics, finance and economics. The papers are conducted by the Actuarial Society of India (ASI).
As an actuary you will be involved in risk analysis for different areas in insurance. You will be into designing and pricing of policies. Or you will be into annuities, pension rates, taxation or other risk managements and investments.

Exam centres and periodicity of exams

The exams are held twice a year in the month of May/June and October/November. The exams are held all over India in the major cities.

Job prospects

A job as a actuary is very often considered as one of the top paying jobs in most parts of the world. Professionals in this field have almost 100% placement after completion of course. Traditionally actuaries were employed in the insurance sector. But now their importance can be felt in many other sectors like healthcare, pension funds, banking organizations and financial institutions. Life or health insurance, all kinds of insurance companies, whether private or government, employ actuaries in their rolls.

Certification Actuarial Science Admissions for 2020 - 2021 Academic Year

Are you looking for admissions for Certification Actuarial Science for the academic year 2020 - 2021? We can connect you with the right colleges and universities offering Certification Actuarial Science courses in your preferred locations.

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