Insurance and Actuarial Sciences

Insurance and Actuarial Sciences

  • 📌 Insurance and Actuarial Science — What is it all about?

This major deals with financial risk management through mathematical, statistical, and probabilistic analysis. It prepares professionals to work in insurance, pensions, and investments by evaluating risks and making data-driven financial decisions.

⭐ Advantages of Studying This Major
✅ High-demand and high-paying profession
✅ Combines mathematics, statistics, and real-world finance
✅ Career opportunities in insurance, banks, and risk management
✅ Excellent for analytical and logical thinkers
✅ Recognized globally in financial industries

📚 Core Courses
🔹 Statistics and Probability
🔹 Financial Mathematics
🔹 Risk Modeling and Data Analysis
🔹 Principles of Insurance and Portfolio Management
🔹 Microeconomics and Macroeconomics
🔹 Insurance Law and Financial Regulations
🔹 Computing for Actuarial Applications
🔹 Forecasting and Financial Planning

💼 Career Opportunities
✅ Actuary in insurance companies
✅ Risk assessment manager in financial institutions
✅ Financial and actuarial data analyst
✅ Consultant for pension and health insurance plans
✅ Reinsurance companies and government agencies
✅ Stock exchanges and investment firms
✅ Academic or research roles in finance analytics

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