Applications of Actuarial Science



Its applications are found in various fields of the financial sector such as Life insurance, Casualty insurance, Property insurance, Health insurance, Reinsurance; Calculation of Pension and other retirement benefits, Asset Valuation, Liability Valuation; Pricing of Shares, Bonds and their Derivatives; Risk Assessment, Risk Management and so on.

In United States, United Kingdom and some developed countries Pricing of Products and Services is often done with the help of Actuarial Science.

World over, fair derivative prices are determined by actuaries using complex mathematical models. The latest application of Actuarial Science is found in Financial Risk Management. In fact, actuaries are the experts in assessing the financial impact or financial risks of future uncertainties. Late Professor G. S. Diwan, an eminent Indian actuary and educationist, used to say: "Wherever there is uncertainty, there is scope for actuarial science".

Hearty Congratulations!

We are proud to announce that our Alumnus Reet Raniwala qualified as Fellow Actuary of Institute and Faculty of Actuaries, UK in July, 2019.

We are pleased to announce that Nagindas Khandwala College, Malad, an Autonomous College under University of Mumbai has launched B. Com. (Honours) in Actuarial Studies [under University of Mumbai] from academic year 2019-20. DSACTED is the Facilitator of Khandwala College for this program.

For more details: Contact 

+919324116538 or +919820134104

You can read Reviews by our alumni and students at the link:
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Are You looking for one of the Best Degrees that leads to better placement than what Normal B. Com., B.A.F., BBI, B.Sc. (Statistics), B. Sc. (IT), B. Sc. (Mathematics) or B.A. (Economics) can provide?

The seats are limited.

For details contact DSACTED College immediately at +919820134104 or +919324116538

We are proud to announce that our alumnus Rushabh Shah is qualified as a Fellow Actuary of India in 2018.

He also stood FIRST in the subject of SA6 in the March 2018 examination of IAI.

Congratulations to all our students for putting up an excellent performance at IAI exam. held in June, 2019  and IFoA, UK held in April, 2019 

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