Actuary

Eligibility for Actuarial Science:
1) Should have completed 18 years of age2) Should have attained any one of the following Educational Standards
A) Passed 10+2 (H.S.C) or equivalent with at least 85% in Mathematics Or Statistics.
B) Graduate or Post Graduate with Mathematical subjects.For this purpose following subjects constitute mathematical subjects; • Mathematics or any of its branches • Statistics or any of its sub classifications such as Mathematical Statistics and Applied Statistics • Econometrics • Computer Sciences Any discipline of Engineering Subject in Science such as Physics or its branches.
So, you can even apply for this after your 12th also.
All The Best !

Dear Sharanmeet,
Any person with minimum 18 years of age and having a high degree of aptitude for mathematics and statistics can take up the course and become an Actuary.
Courses available include Post graduate diploma in Actuarial Science, MSc. in Actuarial science etc.
A person is eligible to be considered for admission as a student member if he/she satisfies one of the following criteria.
Should have passed 10+2(HSC) or equivalent with at least 85% in Mathematics/ Statistics
Graduates or Post Graduate with not less than 55% marks in Mathematical subjects (i.e Mathematics or any of its branches; Statistics or any of its sub classifications such as Mathematical Statistics and Applied Statistics; Econometrics; Computer Sciences; Any discipline of Engineering; Subject in Science such as Physics or its branches).
Candidates with CA/ CS/ CWA/ MBA (Finance)/ PGDBA
Fully qualified members of professional bodies such as the Institute of Chartered Accountants of India (ICAI), The institute of Cost and Works Accountants of India (ICWAI) and Certified institute of Financial Analysts of India (IFAI) and Fellow of Insurance Institute of India (III)- passing with the subjects Mathematical Basis of Insurance and Statistics.
For more information, I would like to invite Dr. Sudhiranjan Dey Ashish.Gupta Amar R Kakaria and Ashish.Gupta to share their valuable expertise.
Hope this helps.
Thanks
All the Best.!

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.
*Fee structure varies from college to college.
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
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Hiii Gitika,first of all i would lke to convey warm wishes to you that you are reallly incredible.Very few girls are passionate about there future,career and goal,you are one of those such rare girls.You are really taking great pains to establish yourself and this makes you more wonderfull girl.Hatt's off to you.Now read the contens carefully.Actuarial sciences involve financial and risk management in the insurance sector, including areas like banking, investment , healthcare, etc. To practice as an actuarial scientist in India, one has to be a member of the Institute of Actuaries of India (IAI) and qualify for the various academic programmes.Actuaries are the backbone of the Insurance and Pension Industries. They apply mathematical, statistical and economic analyses to a wide range of practical problems in insurance, investment, financial planning and management. In short, they are disciplined problem – solvers. A creative aspect of the work of Actuaries is forecasting of future contingent events.Actuaries are often called upon to make decisions concerned with the financial soundness of Insurance companies and Pension funds. Actuaries, by virtue of their analytical and incisive outlook, can make significant contributions in the fields like demography, social welfare, etc. An actuary can be the cerebral centre of any financial sector.Job Opportunities (In India)-At present primary employer of actuaries in India is Life Insurance Corporation of India., further scope is widening with the avenues opened by other insurance companies in India too like MetLife, etc. However, actuaries can function effectively in any sector where finance, investment, statistics or scientifically based forecasting is involved. By the time a person qualifies as an actuary, he acquires techniques that can be constructively employed in a number of fields; on his own, he can explore new avenues where his services can be gainfully utilised. A number of actuaries have set up their own consultancy firms to advise in matters like gratuity and other retirement benefit schemes.
I hope this is enough,if you require any more informations do let me know on milind.kkumar@gmail.com,we will figure out more options Gikita.Do well and prepare well and yes.keep in touch

Hi,
Hi as per your profile pursuing MBA in IT through distance education would be the best option for you, by this you may easily maintain balance between your job and studies.
An MBA in Information Technology Management is designed to educate and develop students who can effectively manage the planning, design, selection, implementation, use, and administration of emerging and converging information and communications technologies.
The program curriculum provides students with the technical knowledge and management knowledge and skills needed to effectively integrate people, information and communication technologies, and business processes in support of organizational strategic goals.
Some of the universities you may consider to pursue MBA through distance education are:
- Indira Gandhi National Open University.
- Punjab Technical University.
- University of Petroleum & Energy Studies Centre for Continuing Education.
- Institute of Management Technology Centre for Distance Learning.
- Sikkim Manipal University.
- Symbiosis Centre for Distance Learning.
- Karnataka State Open University.
I would request aru.chopra to give you detailed information regarding career in teaching.
Feel free to raise more questions. Appreciate by giving it thumbs up or marking as best.
All the Best.