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Eligibility/Qualifications

  • Minimum 12th Pass
  • IAI, India
    • Entrance exam (ACET) based on 12th maths & statistics, online objective paper conducted twice a year ( June/Dec)
    AND/OR
  • IFA, UK
    • 80% in 12th Math
    • 55% marks in Graduation (maths or stats)
    • 55% marks in MBA (Finance)
    • Clear non membership exam (CT-1)

High salaries. Job security.
Endless opportunities..

  • Great starting salaries that can triple within the first five years.
  • Actuarial Fresher (Graduation with 3-4 papers) can expect to earn 4-6 lacs a year
  • Mid level experienced Professional (3-4 years workex & 10-12 papers) may earn upto 18 lacs a year
  • Actuarial Fellow (15 exams with 5+ years workex) ends up getting offers in excess of 30 lpa
  • Seasoned professionals earn more than 60 lacs a years
  • Job Security - Ironically tough times brings more demand.
  • True bliss of acheivement with healthy work-life balance

Get the ball rolling...

  • Clearing ACET test gives one the eligibility to take student membership of IAI.
  • Download membership form from IAI website and submit with draft of Rs. 1000
  • Clear actuarial papers at your own pace
  • Choose maximum of 3 CT exams from any of the 9 CT exams for the first attempt

Develop a skillset

  • One can pursue a degree in Stat(H), Eco(H) or Maths(H)
  • Apart from regular college degrees, special degrees in Actuarial Science can also be pursued
  • Perfect for individuals who enjoy challenges and problems solving
  • Easily Quantifiable with number of examinations
  • Doors open for Consultancy services

Actuaries are among the brightest people in the business world

  • They apply their mathematical expertise, statistical knowledge, economic and financial analysis and problem solving skills to a wide range of practical business problems.
  • Actuaries help organizations to understand the long term financial implications of their decisions, many of which can affect individuals as well as wider community.
  • One must pass a set of examinations to achieve professional status as an actuary. Unlike other professions, in actuarial science you will have the opportunity to work as an actuary while completing the examination process employers often allow study time during working hours, pay exam fees, provide internships, and even award raises for each exam passed.
  • In total, one needs to clear 15 exams to qualify for Fellowship.

Sheer Brilliance is all it takes

In the times of high inflation, the field offers the opportunites for brilliant minds without breaking the bank. One can pursue along with regular college degrees and continue further studies while working. Earn while you learn.
  • IAI membership fees of Rs. 1500
  • Per CT series paper a fees of Rs. 2000 only
  • Annual renewal fees of Rs. 750 only
  • Study material for Rs. 2500
  • ACET entrance exam fee of Rs. 3000.
* Please refer to IAI website for latest applicable charges.

Futuretrack to guide you at every step

  • Counselling sessions
  • Examination guidance
  • Special skill trainings
  • Placement Services

Frequently Asked Question

Can I be member of both IAI and IFA?
  • Indian students generally undertake studies from Institute of actuaries of India and Institute and Faculty of Actuaries of UK
  • You can be member of both and reap benfit as both share same syllabus, material and patterns for exams which allow you to avail the benefit of exemption. That helps to clear the course sooner.
PS: UK exams are conducted at various cities of India also.

More Queries

  • Register for classroom coaching
  • SMS Actuary Query to 52424
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