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Actuarial science is the application of statistical and mathematical skills to assess the risks in fields like insurance, finance and other such industries. If you are wondering whether or not to study actuarial science course then below are some reasons which will help you make up your mind in deciding if full form directory science aligns with your interests.

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Job security Actuarial science is the number one ranking job in America consistently for the past 6 years. So it is a given that such jobs will be in demand full form directory India too although no such survey has been conducted.

Not a single actuary has been unemployed or has been removed from a job due to lack of jobs in the field which is a relief in the current situation where many are unemployed due to full form directory recession.


Actuarial science course consists of maths, finance, economics and computer science combined and hence professionals who study actuarial course have a wide skillset and find themselves employed in different areas. Although various insurance fields like health insurance, life insurance, general insurance form the major players who employ actuaries other fields like risk management, Investment consultant, pension full form directory, various insurance, academics, and government also have a high demand for actuarial science professionals.

Less competition There is very less competition for jobs as not full form directory people are aware of this field which obviously results in high demand for actuarial science professionals and low competition for a job opening.

The actuarial science course requires you to be good at maths and statistics hence only the people having a good grasp of mathematics full form directory be able to clear the exams and qualify to be an actuary.

Fat paycheck Who does not like to get paid well? Being an actuary will reward you will handsome paychecks.

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It will also have lucrative bonuses which are a very attractive full form directory to be studying the actuarial science course and qualify to be an actuary.

Perfect if you love math and a good challenge Did you just love math when most of your peers were complaining about how hard they find math?


Then you will surely love actuarial science as it mainly deals with math and statistics. It will help in keeping your mind sharp and will require you to use your logical full form directory and reasoning to analyze the facts presented to you in a problem and conduct extensive research to be able to solve it effectively.

You will never be bored as your mind full form directory be always challenged and keep you constantly stimulated.

Wonderful work life balance As an actuary, you will be able to enjoy a good work-life balance. Rarely will there be a calamity or extreme deadlines that will full form directory you to work late nights or on weekends.

Although during the time of completion of the course you may have to sacrifice your full form directory life for a little while if you want to complete the course faster.

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This sacrificing of your social life for a short period feels like nothing as you can enjoy a great work life balance later on during your career. You need not clear all exams to be employed An actuarial science course consists of fifteen papers that will have to be cleared by you.

The demand for an actuarial science professional is so full form directory that sometimes even if you have not cleared all fifteen papers and have cleared only full form directory or four papers also you will be hired by companies.

Actuarial science does give you a earn while you learn option. The qualification to be an actuary is to clear the full form directory and you can even learn actuarial science online.

You can start doing online actuarial science courses during your graduation You need not wait to full form directory your graduation and then do the actuarial science course full time.

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Thanks to various full form directory offering online actuarial science courses you can start your journey even while pursuing graduation. You will be provided all the necessary material needed to learn the concepts and clear the examination. This way you will get an idea if you are indeed cut out for a career as an actuary and also if you have the aptitude to clear the examinations without having to dedicate your time fully to complete the course.

Actuaries can even excel as Investment bankers In case you want to pursue a career in investment banking leaning actuarial science will prove to be an additional feather in your cap. Leaning actuarial science is not mandatory to be an investment banker but having a sound knowledge of actuarial science will make you better equipped to understand the risks involved, analyze the various factors better full form directory hence offer better financial advice to your clients.

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