Actuarial science: Uses mathematical and statistical techniques to evaluate

Actuarial science uses mathematical and statistical techniques to evaluate financial risks , particularly in insurance and finance. By applying probability and statistics, it analyzes uncertain... 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. Actuarial science is the quantification of risk using math, probability and statistics. These specialized skills are mainly used in insurance Guide to what is Actuarial Science and its meaning. Here we explain its applications, examples, importance, and career options.