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The Institute of Actuaries of India is the sole national apex body for actuaries in India. It was formed in September 1944 by the conversion of the Actuarial Society of India into a body corporate by virtue of the Actuaries Act, 2006. It is under the ownership of Ministry of Finance, Government of India.
Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, pension, finance, investment and other industries and professions. Actuaries are professionals trained in this discipline.
Construction and Evaluation of Actuarial Models: 2005: Course 4 2017: Exam STAM M: Actuarial Models: 2005: Course 3 2006: Exams MFE and MLC 1: Mathematical Foundations of Actuarial Science: 2000: Education system redesign 2005: Exam P and VEE 2: Interest Theory, Economics and Finance: 2000: Education system redesign 2005: Exam FM and VEE 3 ...
Applicants of all degree courses are required to go through written admission tests and/or interviews. [6] ISI conducts the written tests at various examination centers across India. [6] Only in few cases, candidates may get called for the interview directly, viz. applicants of MTech Computer Science course having a GATE score above a threshold ...
Naturally, the quality of the courses and lecturing at these universities are a determinant as to whether the course is recognised by the Faculty of Actuaries. Most universities offering actuarial science courses also require the student in addition to complete various other related topics, including statistics, mathematics, applied mathematics ...
Actuarial science is the discipline of assessing risk in insurance, finance, and other industries and professions The main article for this category is Actuarial science . This is a topic category .
The following outline is provided as an overview of and topical guide to actuarial science: Actuarial science – discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries.
Note that Course 7 (Applied Actuarial Modeling), Course 8 (Advanced Specialized Actuarial Practice), and PD were part of the fellowship requirement. In 2007, the Fundamentals of Actuarial Practice (FAP) were introduced to cover real-world topics such as insurance and professionalism with readings, case studies, and projects. [ 14 ]