Career Roles Available after M.Sc Actuarial Science


MSc Actuarial science Colleges in Bangalore

Last updated: 11 Sep 2021

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What is M.Sc Actuarial Science?

The M.Sc Actuarial Science is post graduate course through which one can expect to land in jobs that are related to banking, insurance and finance sectors. There are many areas in the financial sector where there is a need for skilled actuarial science students. 

The students can WhatsApp us on 91 9916505050/ 8088602346 for more details about M.Sc Actuarial Science course in Christ University, Bangalore

Jobs after Actuarial Science

The students with M.Sc Actuarial Science can find ample job opportunities across different domains and platforms across the globe. The course is one of the most popular one’s that is gaining a lot of importance in the last decade.

1. Actuary: Roles and Responsibilities

  • The actuary will be learning the various techniques involved in analysing the data, evaluating the financial risks and communicating this information to the non-specialists. 

  • They normally work in insurance companies and they deal with insurance policy premium amounts for a customer.

  • The actuary evaluates, manages and advises on financial risks in the insurance companies. 

  • They use their knowledge of business and economics together with their understanding of probability theory, statistics and investment theory, to provide strategic commercial and financial advice to their clients or organisations. 

  • The actuary one will be using financial and statistical theories to assess the livelihood of a particular individual and their possible financial costs.

  • Use mathematical modelling techniques and statistical concepts to determine probability and assess the risks such as analysing pension scheme liabilities to price commercial insurance

  • Analysing statistical data in order to calculate for example, accident rates for particular groups of people

  • They will be responsible and working with mergers and acquisitions

2. Company Secretary: Roles and Responsibilities

  • The company secretary works in a strategic and influential way to ensure that a company operates within the law and comply with the government regulations.

  • The company secretary one must ensure that the company complies with financial and legal requirements as well as maintaining its high standards of corporate governance.

  • They are also required to provide legal advice to the company management.

  • They are required to prepare agendas and papers for board meetings, committee and annual general meetings and follow up action on points

  • They are required to maintain statutory books including registers of members, directors and secretaries

  • They are responsible to deal with correspondence, collate information and write reports, communicate decisions for relevant company stakeholders

  • They are required to develop and oversee systems that ensures the company complies with all applicable codes in addition to its legal and statutory requirements

3. External Auditor: Roles and Responsibilities

  • External Auditors combine first-rate people skills with a high level of attention to detail to help business of all types and sized achieve their performance potential

  • The external auditor one is required to examine financial records and other data to provide businesses, their investors and market regulators with a clear picture of how they are performing. 

  • They are required to visit client locations and interact with different levels of management to understand the business and their needs

  • They are expected to plan, carry out and in some cases design bespoke audit procedures and tests

  • They are required to use analytics to assess financial reporting fraud or operational business risks

  • Prepare or contribute to a final audit report, including making recommendations for improvements to systems or processes

4. Arbitrator: Roles & Responsibilities

  • The role of arbitrator is growing continually as more people look for an alternative to traditional litigations. 

  • The arbitrators have genuine and often global, opportunities for work in recent years across the globe. 

  • The arbitrators are hired in large numbers by various companies across the globe and are delegated negotiating tasks with the stakeholders outside the ambit of courts. 

  • The arbitrators are required to carry out the tasks like land acquisition, building acquisition etc.

  • The arbitrators work in alternative dispute resolution; arbitration is one way in which legal disputes are resolved outside the courts and across international boundaries.

  • The arbitrators are used by many individuals and businesses on a voluntary basis in recent years across the globe.

  • The arbitrators are responsible to make decisions, resolving the dispute based on evidence and arguments submitted by both sides

What is M.Sc Actuarial Science Salary?

On an average an M.Sc Actuarial Science student will be earning around 5 lakhs to 10 lakhs per annum. The fresh graduates easily earn nearly around 4 lakhs per annum, while the experienced ones earn more than that.

How to get admission to M.Sc Actuarial Science Christ University in Bangalore ?

  • The students interested in joining the M.Sc Actuarial course in Christ University can “Apply Online” through our website to get a hassle free admission process.

  • The M.Sc Actuarial Science course is one of the most popular courses that is making some noise in the current industry. 

  • There is a huge demand for this course specially in Christ University, Bangalore, the chances are high that seats may run out very fast and many students may miss the chance of joining this course due to unconventional methods like waiting. 

  • In order to avoid this the students can opt for M.Sc Actuarial Science admissions in Bangalore 2021 under NRI/Management in quota seats in Christ University, Bangalore under direct admissions from Galaxy Education. 

  • The interested students can get easy admissions to M.Sc Actuarial Science course in Christ University, Bangalore 

  • The desired students can directly contact us to pre book your seats in M.Sc Actuarial Science course in Christ University Bangalore under direct admission mode, so that you will be having the confirmed admissions even before the academic year starts.  

Final Words

The M.Sc Actuarial Science students are in great demand in recent years. With the increase in globalisation many private firms are looking to invest in banking and insurance sectors. The M.Sc Actuarial Science students are required in large numbers in these areas. Many surveys claim that banking and insurance sectors are booming due to heavy investments. 

The students interested to join different M.Sc Actuarial Science in Christ University Bangalore can call us at +91 9916505050/ 8088602346 or email us at galaxyeduworld@gmail.com for more details. 

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