Demand and Rewards for Actuaries in India

 

The demand for Actuaries in India was estimated at 12,000 by the year 2010. This was announced at the 4th Global Conference of Actuaries at New Delhi in 2002. However, by 2010, there were only 216 Fellow Actuaries and 130 Associate Actuaries.

 

Today most of the actuarial jobs particularly in product pricing, asset valuations, compensation plan designing and various other non-insurance areas needing actuaries are carried out by MBAs or other professionals who are not the best choices for the purposes. The most important reason for a slow growth rate is poor awareness and lack of educational facilities to provide good quality training. As a result an increasing number of students go to UK and USA for an undergraduate or postgraduate study in the subject of Actuarial Science.

 

Actuarial jobs are consistently amongst the top best paid jobs in USA since compilation of data in 1989. While practicing actuaries earned much more, more than 90% of Fellow Actuaries earned annual salary between $100,000 and $500,000 in USA. Typically fully qualified actuaries in India earn annual compensation packages of Rs. 4 million upwards.

 

***BREAKING NEWS***

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

Admission Process Registration is in progress on First-Come-First-Serve Basis.

Limited setas.

For details: Contact 

+919324116538 or +919820134104

You can read Reviews by our alumni and students at the link:
Read Reviews

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 September, 2018; December, 2018  and IFoA, UK held in September, 2018 

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