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@@ZellEducation sir mai 10 ka student hun bahut average hun par maths bahut achi lagti hai sir ek baar ham average students ki tone mei video bana de ki ham log actuarial science le ki nahi sir ye zaroor batana ki ek 10 class ke average student ke liye yeh line sahi rahegi kyuki sir maine bhi pehli baar iss line ka naam suna hai
Great content. Very well detailed. But there are a couple of red flags I would like to raise being an Actuarial analyst myself! The money isn't as great as people claim there to be. First, any person from a good Bschool or any other professional for that matter (CA, CFA, etc) earn similar numbers. Secondly, though it's subjective, but exams aren't that difficult as he claimed it to be. The process of clearing them is rather more difficult because you have to juggle between work and papers, which sometimes takes a toll. Nevertheless, the course is great for the kind of knowledge it contains. So if that's the purpose with which one wants to join, great choice! But take the salary numbers with a pinch of salt :)
Hello @Abhay sir. I wanted to ask how much time does it usually take to become an actuary after clearing 12th? Some say it is a very lengthy process and this makes me doubt whether it is worth it.
@@dontreadmyprofile7118 it really depends upon the person. As you know there are 13 papers, a person who is consistent can easily clear the first 7 in the 3 years of graduation. Post that it depends on the kind of company you join and the workload you have. Balancing papers with work is somewhat tricky. Although, I usually see all my peers who are consistent and determined to clear the papers asap, clear the rest of it within 2-3 years of work. Coming to whether it's worth it, it all depends on the kind of skills you want to attain. The salary numbers remain like with that of say top CAs and MBAs (with a few years here and there)
@@abhaylath5601 Bro how do you see the prospects of an Actuary working outside insurance. Like a combination of Eco(hons) from a mediocre college +CFA+Actuaries, would that anyway take someone to to the hardcore Quant Fin type roles ? ...
@@akashbhowmik7993 if you want to get into core finance jobs only, the better way to go about would be a cfa+mba. Actuaries have all the skill required for all fin jobs (even more so than CFAs actually) however the market in india isn't aware about actuarial skills and hence being an actuary it's difficult to get core fin jobs. Moreover being in a fin role, you'll have no motivation to finish all papers to become a fellow (since fin firms won't sponsor your education and won't give you increments on your actuarial passes) and will likely drop actuarial moving forward. Completing actuaries and then getting an mba to get into fin could also be another way of doing it.
Ive been doing BS Actuarial Sciences and Risk Management for like 2 years and also preparing for the actuarial exams. Its literally very stressing but yes valuable. As i have seen my friends and my college alumni who are working on big insurance and consultancy companies and earning a big amount.
Very Helpful Vodeo but You are Fearing me a lot by saying * Its Very Difficult* I think in this World nothing is easy If we Achieve Somthing Big so as we have to do Harder or Hardest.
a very detailed and informative video - thank you so much for sharing! I had one doubt though - if a person wants to stay in India only then should she prefer Actuaries India or still Actuaries UK also given the global clients and keeping other factors in mind?
Hey Drishti! Let us arrange a counselling session for you! Reach out to us on +919004692555 or drop us a WhatsApp on wa.me/919004692555 and we'll solve all your queries!
I'm a student of 11th class. Commerce with maths. I just came across this course and I'm extremely interested in it. The only thing that's keeping me a bit...meh about it is that it would probably take like 6 years (minimum) because 3 years graduation and 3 years job experience. Ik I'll start earning after graduation which is a plus point but I'm thinking like... If i become satisfied by my package or smthing bfr 13 exams and i end up not giving sm exams then... Then I'm almost a nobody? Like I'm not recognised? After finishing 13 exams I'll be an actuary but if not then I'm not recognised at all... So idk that's a big thing ig? I'm a bit confused about the packages too. Like what would be the starting salary after graduation like after clearing 3-4 papers and what would be after being an actuary.. like after 13 exams ? It would be so good if u could help me with that :)
Nicelyy explained .. Sir I want to become a strategic management consultant ( n then entrepreneur) and I am thinking to join bba course this year after boards... So if I do actuary along with bba will that be a good choice ? Btw new subscriber ❤️ Plzz reply
i did not have maths in my 12th.. but i did my bcom honors in accounts and finance which also didnt have maths subject and secured 66% .. so am i eligible for ifoa route?
Sir, I have taken Bcom (regular) bt its without maths so can I still pursue actuarial science? Though I had cleared my hsc wd maths and had it in first year of bcom too.. so is it possible?? Please do reply 🙏🙏.. btw very well explained!!
Hello sir, first of all thank you for such helpful information, my ques was, i am in 12th right now, which course should i do further to pursue acturial science?
Respected Sir/Ma'am. I'll keep the conversation short and crisp.My name's Vandit and I m an Actuary aspirant (INDIAN INSTITUTE OF ACTUARIES).I'll be giving my entrance exam this Dec 21(Actuarial Common Entrance Test).I know that an Actuary needs to be good at calculus and I m leaving no stones unturned to make sure that's the case with me as well.What I want to know is,is Trigonometric Calculus of any use to an actuary student at any level (including all the exams till one clears the Actuary course itself)?I'm absolutely fine with trigonometric calculus.I don't find it difficult but the problem is,the five books that I am using for learning and understanding calculus have both type of questions, trigonometry based and vice versa.This means that I'll have to put a lot of time if I go ahead and practice those type of sums.So if u can guide me on whether or not I can skip trig related calc or not,that'll be of great help to me......
Sir if I have given one or two papers of actuaries and now I have to take a break for my parallel running course so till how much time my first two exams will be valid to appear for the third exam.
I already registered for Ca and I now wish to become an actuary.. Should I now go for ca first and then go for actuary... Will there be any exemptions?
Good Evening Sir/Ma'am Please guide me regarding one thing. If a student pursues UG(B.com Hons) from DU Sol or IGNOU,will it considered as valid for actuarial internship?
Hello sir, I am in class 12th currently so am I eligible for this or not. And I want to know what is the whole syllabus system of these 13 exams. And I want to know what is the special course of this (if there is any) and what is the time duration of it.
Hi sir. I am a commerce student just have finished my boards I want to opt for actuarial science but I haven't opted for maths so am I eligible for actuarial science?
Hey! I am a arts student.. completed +2 with arts subjects(economics, political, geography and history)... Continuing my +3 Graduation course of BA ECONOMICS... After graduation, what should I do for a good carrier?
Hi..I'm working in insurance company and completed fellow in insurance institute of india..and noted that Acet is not required for member registration. Pl let me know next step..how to register for exam and get study material
Sir where can I contact you ..I have some more questions regarding actuarial science ...please tell me method to contact you ...I watched 5-6videos and I get the info best from your video thanks for making me understand ❤️
I am from Pune, Maharashtra, India and Sir please can you suggest some good coaching centres in Pune for actuarial science and Sir do Zell education also take classes for it ?
Sir if I clear acet after 12th is it possible to clear actuarial exams(thr first 4-5) along with my btech so that i can get a decent job after completing btech and clear rest of the exams alongside with job?
@@abhisheksarkar4519 if you have got the membership, please get your books and do check your mail. I got a mail from the IAI. Hope it helps. All the best!
Hey Sir u mentioned Maths as a subject in class 12 is compulsory. I just entered in class 11 and there are 2 options--Applied Mathematics or Mathematics core, which subject should I choose which would help me better in Actuarial science? plz reply its urgent.
Sir, I've one doubt..if I want to go for Indian Course then I've to pass ACET. But, if I want to go for UK acturial science course then what should I do first??
Hey , I'm in 10th class and I want to pursue Actuarial science in future. Could you please tell which stream can I opt for : I have three options (i) PCM with Eco (ii) PCM without Eco (iii) Commerce with Mathematics.
Hi sir I have just completed Bsc.mathematics and I have chosen to study Msc.actuarial science and then later I have to decided to phd on this subject...so my question here is will all the 13 papers get completed while I complete the course or do I still have to write IAI and clear it...should I do phd or choose something else...please respond very much in need of suggestion
Thank you so much sir for such a detailed video. Iam a CA Finalist and I have a doubt. If we are an UK actuary, can we practice in India or we should complete actuary from IAI?
I am 11th class students i have not a math but i become a actuaries can i am studying math those chapter important in acturial science please suggest me what i can do?
I'm from Nepal ..Sir what are the procedure for undergraduate actuarial science study in India.. I've cleared +2 from biology ..Do I need to have mathematics on both or 11 only math will work for foreign student sir 😥.or where can I contact you sir
Hello sir, I just want to ask that.. I am in 12th standard and I am a pcm student, so for post graduation, should I choose B.Com or B.Sc?? I don't have much interest in accounting. Plz tell me sir..
Hi. There is no separate college that provides training for actuarial science. You will have to contact a training institute that provides training for actuarial science.
Sir how many exams of core principle(old syllabus)/core technical(new syllabus) can be give at once?There are a total of 6 exams in CT/CP,how many can we give together?
Sir i am in my final year of mba in Insurance and i have selected for product development role in one of the general insurance company. Sir i have 8 months joining the job should I go with actuary Or not??
@@ZellEducation You are wrong! There are no minimum academic requirements as of now, this 85% criteria is removed long ago! Please provide the link where you read this!
Sir if we write IAI exams after 12th should we also do any bachelors? If so what bachelors degree would be suitable? Is it same with the case of UK actuary one?
my son is in 10th grade studying in cbse abroad.Ihe needs to take commerce or science in grade 11 if he wants to go for Actuarial Sc.what to opt for graduation while preparing for Act.Sc.?
Hi Jignesh, It doesn't matter, having a commerce background will help in 2 papers but having a science background helps with the statistics part a lot which is very much needed for Actuarial Science.
Yes, there are Universities that provide courses like Bsc in actuarial science and MSc in actuarial science. The completion on which gives you exemptions from the Professional body. I believe there is programme in Hariott WATT University in Edinburgh, Scotland. There are many such programmes, the details of which you can find online.
Sir plz help me out..I just want to kw whether while doing ba LLB can I opt for the examination of actuary ..is there any such kind of stuff like uh belong to any background n uh can appear for the examination..what is must for appearing in the examination.
Hi Ekta, thank you for reaching out to us! Unfortunately, we only offer the ACCA, CFA, CPA, CMA, IFRS courses as of now. To know more about Actuarial science you’ll have to contact an institute which provides training for the same.
I am going to study ms Actuarial science with data analytics course from university of Leicester and they are exempting 9 papers... Do i need to go as i got the offer letter to? Please respond... Its important