How to become an actuary

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Querist : Anonymous

Querist : Anonymous (Querist)

20 July 2012 i m a ca final student... how can i become an actuary?? i have dn 12th frm pcm.... and presently doing my b.com....
plz suggest me what should i do?????

CA Amit Jaiswal

CA Amit Jaiswal (Expert)

20 July 2012 In my personal view one should opt for Actuary course only after passing CA Final.

The eligibility criteria is as follows:

1.The candidate Should have passed 10+2(HSC) or equivalent with at least 85% in Mathematics/ Statistics

2.Graduates or Post Graduate with not less than 55% marks in Mathematical subjects (i.e Mathematics or any of its branches; Statistics or any of its sub classifications such as Mathematical Statistics and Applied Statistics; Econometrics; Computer Sciences; Any discipline of Engineering; Subject in Science such as Physics or its branches).

3.Candidates with CA/ CS/ CWA/ MBA (Finance)/ PGDBA

4.Fully qualified members of professional bodies such as the Institute of Chartered Accountants of India (ICAI), The institute of Cost and Works Accountants of India (ICWAI) and Certified institute of Financial Analysts of India (IFAI) and Fellow of Insurance Institute of India (III)- passing with the subjects Mathematical Basis of Insurance and Statistics

5.A student member of actuarial bodies such as Institute of Actuaries, London; Faculty of Actuaries in Scotland and Institute of Actuaries, Australia

6.Students from Society of Actuaries, USA and Casualty Actuarial society, USA , provided that they must have passed at least one subject from these bodies.

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