Best coaching institute for Actuarial Science in Delhi

RSG Classes provides actuarial classes in Delhi as well as ACET coaching in Delhi.

Unlike other subjects, the study of actuarial science is a relatively newer concept as a part of academics and degree. This subject is not related to any kind of applied science but rather related to business and finance. Being a great career option and having a consistent demand in the field, students are opting for this subject as their degree course. Delhi has one best coaching institute for Actuarial Science. The eligibility criteria to appear for Actuarial papers are different for school and higher level. For 10+2 passed students, minimum 85% marks in Mathematics/ Statistics is compulsory. For graduate or post-graduate students, minimum 55% aggregate in Mathematics, Statistics, Econometrics, Computer Science, and Physics papers is compulsory. CA, MCA, ICWA, CFA, MBA (Finance) and Engineers are also eligible to appear for these exams.

The curriculum for Actuarial Science has also changed, check out the new curriculum here

Actuarial science is gaining popularity over time as this is one of those fields in which demand for people is more than the supply. As this field is relatively less popular, its career scope is very high. If we talk about the meaning of Actuarial science, in a broader prospect it the study of danger and risk management in the field of business. People who gain immense experience in this field are termed as Actuaries or the specialist in this particular science and they provide solutions for present and future decision making of a company to minimize risk in the business.

This field requires expertise in statistics and mathematics, as application of math and statistics are used to solve real time problems in the business. Not only business, actuarial science also deals in other aspects and issues like insurance, reinsurance companies, investment consultancies, banks, stock exchanges and private and public agencies as well. Overall it can be termed as the heart of our economy and choosing this subject as a career option is a wise choice in today’s time.