03-07-2004, 04:53 PM
one cant exactly compare the CA and Actuary qualifications in a straightforward way. they both are relatd to the business world and all orgnizations and institutions depend on their work. the exact and specific area of expertise of a CA and an Actuary are quite different but, one has to admit that both, if given the task, can to some extent carry out the functions of the other. Actuaries were traditionally involved only in risk calculations etc and in the insurance business, today their expertise is used in almost all areas of business. Similarly a CA was traditionaly an expert accountant and an auditor, but today a CA is a financial planner, a risk calculator, strategic manager and some of these areas are common to both actuaries and chartered accountants.
with regard to the salaries of course, the starting figures for actuaries are better than those of chartered accountants, but farther down the road, say 6-10 years post qualification, they seem pretty much similar in most cases.
Bilal, if you want to study for an actuarila qualification i would reccomend you move to karachi and not lahore as the actuarial circle in karachi is larger and more active in karachi.
with regard to the salaries of course, the starting figures for actuaries are better than those of chartered accountants, but farther down the road, say 6-10 years post qualification, they seem pretty much similar in most cases.
Bilal, if you want to study for an actuarila qualification i would reccomend you move to karachi and not lahore as the actuarial circle in karachi is larger and more active in karachi.
