can you please explain in details what is actuarial science?
Answer (1)
25th Mar, 2021
Hello Anjali,
Actuarial science is a multidisciplinary subject of financial risks in the insurance and financial field with mathematics and statistics.
Mostly insurance plans and pension plans are two main focus of the actuarial science.
It basically helps in building mathematical models which help in reducing the risk and uncertainty in the sector of finance and insurance,
In india, if you want to pursue this you can apply in institute of actuarial science of India.
You need to have a good grip in mathematics to pursue this programme.
I hope it helps,
Best of luck
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