What is the scope of actuarial science? What are the sources of income after completing this course?
Career Talk Work & Career 2 years ago
Posted on 16 Aug 2022, this text provides information on Work & Career related to Career Talk. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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Best Answer
2 years ago
Scope is wide. At entry level, income could be up to Rs 5 lacs per annum. After gaining experience of five to six years, you can earn upto Rs 15 lacs - Rs 20 lacs per annum. Immediately after becoming a fellow of IAI, one can earn anything from Rs 20 lacs to Rs 30 lacs per annum. I am enlisting a few good colleges, which are known for their quality education and better placements. BS Abdur Rahman University, Chennai. International School of Actuarial Sciences (ISAS), Hyderabad Institute of Actuaries of India, Mumbai Bishop Heber College - Tiruchirappalli B.Sc. (Actuarial Mathematics Science) MS. Actuarial Science P. G. Diploma (Actuarial Science) Lovely Professional University, Punjab Masters in Banking and Insurance Christ University - Bengaluru M.Sc. Actuarial Science Companies that hire actuaries in India are: Max Bupa Health Insurance, WNS, Towers Watson, PwC Actuarial Services India, Mercer, Directorate of Postal Life Insurance, McKinsey Advanced Healthcare Analytics, E&Y, Milliman, Swiss Re, Future General, IDBI etc.