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Maths Lovers: Earn 6 figure salary with a degree in Actuarial Science
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Mayank Dubey
Do you love mathematics? And not so Physics, Chemistry, or Biology?
Then pursuing a career in Actuarial Science is an excellent career path for you
Do you know who decide the amount you must pay for your insurance?
A person qualified in Actuarial science, known as Actuary
A discipline that evaluates financial risks in the insurance, finance, and other sectors using mathematical and statistical formulae.
What is Actuarial Science?
It also play a role in financial services, investment banking, and business-related decision-making
The primary applications of actuarial science are in Life Insurance Schemes and pension plans.
To an extent, yes! But not entirely!
Is Actuarial Scientist or an Actuary is like a Chartered Accountant?
Whereas an actuary deals with future scenarios.
A chartered accountant deals with the present finances of a company.
Like how much you'll be earning or spending through a particular business plan say 5 years down the line.
Actuarial science is more about financial modeling, risk assessment, and predictions.
And you can make more money as an actuary than a Chartered Accountant who already earn in 6 figures!
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