Do you know numbers tell stories of ‘trends’ and ‘outcomes’ in the business world? Actuaries are the individuals who look for these trends and predict outcomes with their mathematical and statistical skills. They are problem-solvers and strategic thinkers who help estimate the likelihood and risk of future events in the insurance and finance fields. Actuarial Science uses mathematical and statistical approaches to assess financial risks in the insurance and finance industries. Actuaries examine past data to determine how much money should be set aside to cover potential financial losses in the future.
One can start the course in Actuarial Science immediately after finishing your Class XII board exams or even after graduation or post-graduation in Math, Statistics, Economics, Management, and Finance. Mathematics, probability theory, statistics, finance, economics, and computer science are all intertwined in actuarial science.
Click here to know about eligibility, some popular institutes in India and job roles with a degree in Actuarial Science