Actuary

Hi,
Step 1- Clear the ACET Exam:
You must clear the Actuarial Common Entrance Test (ACET) to become a member of IAI (Institute of Actuaries of India). The IAI conducts the ACET exam bi-yearly, once in June and once in December.
Only after the student clears the ACET he/she is eligible to the Actuarial exams.
Step 2- Further clear 4 sets of examinations:
After passing the ACET, a student must then clear 15 subjects that are divided in 4 sets of examinations viz. CT (Core Technical), CA (Core Application), ST (Specialist Technical) and SA (Specialist Application).
Which are the best institutes / universities/ colleges?
You can opt for a diploma, graduation, or post-graduation course in actuarial science from some of the top institutes in India:
- Narsee Monjee Institute of Management Studies (Mumbai)
- Birla Institute of Management Technology (New Delhi)
- Actuarial Institute of India (Mumbai)
- Bishop Heber College (Tiruchirappalli, Tamil Nadu)
- Institute of Certified Risk and Insurance Managers (Hyderabad).
The course curriculum would vary with respect to the institutes.

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.
The fee structure varies from college to college.
Employment Opportunities:
1. LIC.
2. GIC.
3. ESIC.
4. Banks.
5. Stock exchanges and other financial institutions controlled by government and private bodies.
For more, you can check the below mentioned links:
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