Actuarial science: Is a specialised field of

Actuarial Science is a specialised field of study that combines mathematics, statistics, and financial theory to assess and manage risk. Students pursuing this course can explore various branches that build advanced analytical, financial, and technical skills relevant to diverse industries. Actuarial Science Courses are offered at various levels, mostly in the management stream. Colleges like Amity University, Aligarh Muslim University, University of Mysore, Mumbai University, etc offers courses related to Actuarial Science such as B.Sc Actuarial Science , M.Sc Actuarial Science , PG Diploma in Financial Service, etc. IAI is a statutory body established under The Actuaries Act 2006 (35 of 2006) for regulation of profession of Actuaries in India. Actuarial science is the quantification of risk using math, probability and statistics. These specialized skills are mainly used in insurance