About Actuarial

ACTUARIAL SCIENCE

A Career Choice Worth Exploring

Actuarial Science is all about a proven method of understanding the current scenarios and identifying potential risks that can cause damage to the business. The extensive study of actuarial science and standardization of the analysis enables an actuary to adopt a problem solving approach.

Alpha Plus Delhi specializes in Actuarial Science coaching. We provide Actuarial coaching in India. Students can join Actuarial Science online or Offline coaching classes as per their convenience.

Best Actuarial Science Coaching Institute in Delhi & All India

ACET

CS1

CS2

CM1

CM2

CB1

CB2

CB3

actuarial science coaching classes

Hybrid Classes

Recorded Session & Class E-Notes

Extensive Study Material

Mock Test to be Conducted to Evaluate
Your Preparation

Doubt Solving Sessions
(Access 24x7 Doubt Forum)

Training, Placement and Assistance
to be Provided

actuarial science online coaching

Actuaries are no less then

SUPER HEROES!

Do you want to be one ?

Actuaries are one of the worldโ€™s
highest paid professionals.

Being part qualified, actuarial student can
earn over Rs. 3.5 โ€“ 8.0 lakhs per annum.

Actuarial profession is equally comparable
with Engineers, Doctors, MBA, CA etc.

It is a profession where jobs chase you
rather than you chasing jobs.

Actuarial profession has
0% unemployment rate.

Best profession along with
degree programme.

Globally recognized profession which
has an international acceptance.

Actuaries top the list
โ€œ10 Best Jobs in 2015โ€

What is Actuarial Science ?

โ€œIt is about Calculating money-related risks.โ€

statistics

Statistics

Probability

Probability

Business & Economics

Knowledge of Business & Economics

Actuarial Science is a discipline that applies Mathematical and Statistical Methods to analyze and manage the financial implication of future rifts. An Actuaries uses data from the past and present to predict the future. Actuaries need to quantified how the future will be different from the past.

What Is Actuarial Science? Definition and Examples of Application
why alpha plus is best for actuarial science classes

Why Actuarial Science ?

What Does Actuaries do ?

A In An Insurance Company

Product development, Pricing, Valuation and regulatory reporting

In Government Insurance Department

Review laws and regulations Surveillance

In a Consulting Firm

Advise clients, Design pension plans and compensation

In a Financial Institution

Investment Portfolio Management in General in Management

Actuaries analyze the financial costs of risk and uncertainty.

ACTUARIAL SCIENCE FEE

SINGLE SUBJECT

Online Class Room Fees:

โ‚น 24,000/-

Recorded Lectures Fees:

โ‚น 20,000/-

actuarial science classroom coaching course fees in india

Ideal Subject Competency
Required in Actuarial Science

Ideal Subject Competency Required in Actuarial Scienceโ€‹

A Strong Foundation in Mathematics

Analytical and problem solving skills

Ability to communicate effectively

Strong computing skills

Good Business Sense

Probability and Statistics

Ability to see both sides of an issue

Steps to Become an Actuary!

First Pass Your 10+2 Get Your Certificate With Maths & English

Pass 2 Exams CS1 and CM1 Should be Your first Exams

Technical skills Excel, Advance Excel, R, Advance R , VBA, SAS & Python

Actuarial Internship Even a Related Position In Under Writing , Investments Or Data Analysis Would Be Great

Entry Level Jobs Be Open to Opportunities in Pension Retirement Benefits Schemes Or Insurance

Pass Next Five Exams, Complete 7 Modules

Attain Associate Ship, Pass 3 Core Principle Exam & Minimum 1 Year Work Experience in Actuarial Industry

Attain Fellowship, Pass 3 More Exams Complete 12 Modules & Minimum 3 Years of Work Experience in Actuarial Industry

Steps to Become an Actuary
Major Fields of Actuarial Work

Major Fields of Actuarial Work

Life Insurance

General Insurance

Statistical Services

Investment Banking

Interprise Risk Management

Corporate Finance

Pensions & Employee Benefits

Government Service

Education

Investment Management

Health Care Financing

Actuarial Roles in Companies

Actuarial Roles in General Insurance

Career and scope of Actuarial Sciences

Actuaries in Health & Care

Actuaries in Investment

Role of Actuary in Financial Institution

Role of Appointed Actuary

Role of Actuary in Pension

What We Study ?

Role of Actuaries in Pensions & Scheme Handling

The aim of Actuarial Statistics CS1 is to provide a grounding in mathematical and statistical methods that are of relevance for actuarial work. It equips the student with knowledge of statistical distributions, methods to summaries data, regression models and the fundamental concepts of Bayesian statistics.

The aim of the Actuarial Mathematics subject is to provide a grounding in the principles of modelling as applied to actuarial work - focusing particularly on deterministic models which can be used to model and value known cashflows as well as those which are dependent on death, survival or other uncertain risks.

The aim of the Business Finance subject is to provide a basic understanding of corporate finance including a knowledge of the instruments used by companies to raise finance and manage financial risk provide the ability to interpret the accounts and financial statements of companies and financial institutions.

The CB3 Business Management subject is designed to help you understand the business environment in which you will be working, your professional responsibilities and how to tackle business-related problems. It is a practically focused programme, which includes some preparatory work ahead of a business simulation game, completion of a workbook, with some short exercises, and finally an online test. Individuals are encouraged to have work experience before entering for CB3.

The aim of Subject CS2 is to provide a grounding in mathematical and statistical modelling techniques that are of particular relevance to actuarial work, including stochastic processes and survival models and their application. It develops knowledge of and the ability to apply statistical methods for risk modelling.

The aim of the Financial Engineering and Loss Reserving subject is to provide a grounding in the principles of modelling as applied to actuarial work - focusing particularly on stochastic asset liability models and the valuation of financial derivatives. These skills are also required to communicate with other financial professionals and to critically evaluate modern financial theories.

The aim of the Business Economics subject is to introduce students to the core economic principles and how these can be used in a business environment to help decision making and behaviour. It provides the fundamental concepts of microeconomics that explain how economic agents make decisions and how these decisions interact. It explores the principles underlying macroeconomics that explain how the economic system works, where it fails and how decisions taken by economic agents affect the economic system.

The aim of Actuarial Statistics CS1 is to provide a grounding in mathematical and statistical methods that are of relevance for actuarial work. It equips the student with knowledge of statistical distributions, methods to summaries data, regression models and the fundamental concepts of Bayesian statistics.

The aim of Subject CS2 is to provide a grounding in mathematical and statistical modelling techniques that are of particular relevance to actuarial work, including stochastic processes and survival models and their application. It develops knowledge of and the ability to apply statistical methods for risk modelling.

The aim of the Actuarial Mathematics subject is to provide a grounding in the principles of modelling as applied to actuarial work - focusing particularly on deterministic models which can be used to model and value known cashflows as well as those which are dependent on death, survival or other uncertain risks.

The aim of the Financial Engineering and Loss Reserving subject is to provide a grounding in the principles of modelling as applied to actuarial work - focusing particularly on stochastic asset liability models and the valuation of financial derivatives. These skills are also required to communicate with other financial professionals and to critically evaluate modern financial theories.

The aim of the Business Finance subject is to provide a basic understanding of corporate finance including a knowledge of the instruments used by companies to raise finance and manage financial risk provide the ability to interpret the accounts and financial statements of companies and financial institutions.

The aim of the Business Economics subject is to introduce students to the core economic principles and how these can be used in a business environment to help decision making and behaviour. It provides the fundamental concepts of microeconomics that explain how economic agents make decisions and how these decisions interact. It explores the principles underlying macroeconomics that explain how the economic system works, where it fails and how decisions taken by economic agents affect the economic system.

The CB3 Business Management subject is designed to help you understand the business environment in which you will be working, your professional responsibilities and how to tackle business-related problems. It is a practically focused programme, which includes some preparatory work ahead of a business simulation game, completion of a workbook, with some short exercises, and finally an online test. Individuals are encouraged to have work experience before entering for CB3.

Actuarial Science FAQs

One can start studying for actuarial exams after age 17 or passing 12th exams and there is no upper age limit Ideally one should start after 12 exams because of late awareness most students start after graduation.

frequently asked questions about actuarial science-FAQ's

Students who have just passed class 12th should start with CS1 AND THOSE STUDENTS who are graduated and want to start actuarial exam should appear for CM1.

With the help of self study one can pass exam but difficult to pass interviews, because Actuarial is less about knowledge of formula’s more about application of those formula’s. Coaching is better for first 10 exams

Student must start appearing for exams just after 12th ,initially one exam per semester after words two exams . One has select exams in synchrony with you college studies.

Yes surely the knowledge of those will also help in other fields like data science, AIML, banking and finance and many more

The ans is definitely yes. There are huge opportunities for fresher’s in actuarial just after few exams.

Usually it take 4 to 6 years to complete all exams.

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