Quick Links
Top Courses
Top Courses Stream
Overview
P.G. Diploma in
Actuarial Science is Diploma level Actuarial Science course. Actuarial
services, predominantly in insurance and pensions but increasingly in a much
wider range of activities, are critically important, to the performance of
clients, to the long-term well-being of consumers, and to the stability of the
financial system. Course deals with the application of statistical and
mathematical techniques to calculate the risk involved in finance and insurance
sectors. It resolves economic risks in the insurance and investment sector using
mathematical and statistical methods.
The
course is beneficial mainly in insurance sector but now its importance has
increased in sectors like non-life insurance, employee benefits, health
insurance, asset-management, reinsurance, insurance broking houses and
consulting companies as well. Candidates those who want to pursue their
studies for Master’s degree and then for research work also can go for the
course; thus, it gives good base for further studies.
Eligibility
Graduation or
Equivalent with at least 50% in Mathematics/ Statistics.
Admission Process
Entrance Exam
+ Scores in Bachelors' degree
Major
Job positions
·
Team
Lead/Assistant Team Manager
·
Actuarial
Analyst
·
Audit
Manager/Credit Risk Manager
·
Catastrophe
Risk Analyst
·
Business
Intelligence Consultant
·
Quality
Assurance Associate
·
Teacher
& Academician
Job profile | Job description | Average salary | |
Teacher | The duties of a teacher can include: Teaching students based on national curriculum guidelines within your specialist subject areas. Planning, preparing and delivering lessons. Encouraging student participation in lessons and in other school-related activities. | The duties of a teacher can include: Teaching students based on national curriculum guidelines within your specialist subject areas. Planning, preparing and delivering lessons. Encouraging student participation in lessons and in other school-related activities. | 2,95,493 in 0-2 Years |
Auditor | Auditors are specialists who review the accounts of companies and organisations to ensure the validity and legality of their financial records. They can also act in an advisory role to recommend possible risk aversion measures and cost savings that could be made. | Auditors are specialists who review the accounts of companies and organisations to ensure the validity and legality of their financial records. They can also act in an advisory role to recommend possible risk aversion measures and cost savings that could be made. | 6,87,948 in 0-2 Years |
Actuary | An actuary analyses the risk possibilities of a financial activity and mitigate the involved risks. An actuary is mostly needed in the insurance sector and pension programs where the task is to use financial theories, statistics and mathematics to study uncertain future events. | An actuary analyses the risk possibilities of a financial activity and mitigate the involved risks. An actuary is mostly needed in the insurance sector and pension programs where the task is to use financial theories, statistics and mathematics to study uncertain future events. | 7,62,817 in 0-2 Years |
Auditing Clerk | Auditing clerks work in conjunction with Professional Accounting and bookkeeping clerks in order to manage accurate financial records for large and small businesses. Auditing clerks are responsible for verifying the accuracy of financial records and catching mistakes made by other clerks or employees. | Auditing clerks work in conjunction with Professional Accounting and bookkeeping clerks in order to manage accurate financial records for large and small businesses. Auditing clerks are responsible for verifying the accuracy of financial records and catching mistakes made by other clerks or employees. | 2,50,000 in 0-2 Years |
* Average salary are subjective to change based on various factors