Economics is also a good complementary course...i would say economics overlaps most... Because ct7 is very easy for economics students... Ct 8 is covered in economics masters.. Ct 3 is covered in undraduate economics... Ct 6 draws many concepts from econometrics and i will say it is on par with masters level econometrics course... Ct 2 is covered in colleges which has finance optional..On this note, Milton friedman the world renowned monetary economist was an actuary before shifting to economics... Economics is the most versatile course for actuaries.. You bring lot of concepts like macroeconomics of a country, international finance, microeconomic foundations of risk... Parallel to this the hot topic of data science is only just econometrics and statistics

information they given is very useful but background music is very irritating.

Very informative video! You have answered all questions that an actuary aspirant might have. That too in an easy to understand manner. Your personal examples feels like we are having a conversation :-) Big thanks Vignesh, Akash and Mentoria!!

Can we give the CT papers whenever we want or is there a tym frame like we have to complete them in a year or so?

Over Supply of Actuarial Students already. 1 Actuarial Intern Opening comes in a month & about 150-200 interested candidates apply for it.

@marshalLannes1769

5 жыл бұрын

Where does these Openings comes anyway. Naukri.com?

@Sai-tek

4 жыл бұрын

Oh here comes the highlight. Why don't anyone say about these things?

Ive took Bio in 12th and I completed B.E . Am I still be able to pursue Actuary as an career? If so please suggest subjects I should know for Actuary..

@souravsinha5485

5 жыл бұрын

Gane Saravanan nios se maths ka exam de do aur baki ka 4 subject ka marks transfer kara lo. 5 subjects are required to clear 12 th from Nios. Then prepare for actuaries

What about job openings? It is so hard for a fresher to land a job.Everybody needs experienced Persons, so where will the freshers go?

This video is really helpful. Thank you so much sir for sharing their experience. But one question I want to ask, Is there any actuarial placement agencies available in Delhi which can help in getting an entry level job after clearing 4-5 exams? Or any other mode which can help?

Can I switch from IT industry to actuaries having 8 experience in IT

@thementoriasolution

5 жыл бұрын

Hi Gooki. Thank you for sharing your concern. Yes you can shift from the IT industry to the Actuaries domain after 8 years of experience. However, the shift may not be a comfortable one. A keen interest in and domain knowledge of Statistics will really help. There are 2 ways how a person can become an Actuary in India- Through IAI(www.actuariesindia.org/) or IFOA (www.actuaries.org.uk/). Both have 15 papers, same sub-divisions and syllabus. However, in 2019, 2 of the IFOA papers will be clubbed together, however content wise they will still be the same. IAI has an extra entrance test. There are 9 Core Technical papers (CT), 3 Core Technical Papers (CA), 2 Specialist Technical Papers (ST) and 1 Specialist Application Paper (SA). The qualifying/pass rate in IAI is much lower than IFOA. There has been occasions where pass rate in IAI has been almost 0. IFOA is much more lenient. Before giving the papers, you have to become members of the organisations. To become the member of IAI you would have to pass their entrance exam - Actuarial Common Entrance Test (ACET). The pass rate ranges between 20 to 25%. Later on, you will have to renew the membership by paying an annual fee. To become the member of IFOA you will have to pass the first Actuary exam Core Technical Paper 1 or CT1. You will have to pass this paper in IAI too, but in this case only after getting a membership and passing ACET. If you get above 85 in Mathematics in your 12th, you can apply for membership without passing CT1. You would still have to give CT1, it just provides you with the option of taking the paper later on. You can get a starting job after finishing a specific set of 4 to 5 CT papers, you can even find a job after giving just 1 paper, get an Associate Actuary degree after completing all CT and CA papers and become a fellowship of either organisation after finishing all 15 papers. Currently in India only 500 people have fellowship. Both organisations have a deal, so if you become an actuary from one organisation, you can apply for a certificate from the other organisation. Many students give the papers of both organisations to get the maximum benefit. A degree from IAI allows you to get a job in India and UK, a degree from IFOA allows you to get a job in part of the world. The pay is quite good but the papers require a lot of hard work. --- Hope this info. helped. If you're confused about which career to go for, please sign up with us on www.mentoria.com and we can guide you on your journey from career clutter to clarity. Cheers!

Do freshers get job easily?? Because everyone wants a experienced person

I am 27 year old btech graduate having 5 year experience. Am I too old to start studying actuary??

@mp-ig6zb

5 жыл бұрын

You're never too old

What is benefit of doing it with ca

Brother a great video Please remove the background sound

Sir, i am a commerce student and i am pursuing actuarial science along with ba in stats maths eco , is it a right choice or not ?

@thementoriasolution

4 жыл бұрын

Hey Mudit, that completely depends on your interests. If you're passionate about becoming an Actuary, you're on the right path! If not, reach out to us. We'll be happy to show you the right path :)

The video covers almost everything but do not address working professionals. Do something in this regard.

is maths compulsory for 10+2

@krishnathapa1122

4 жыл бұрын

No