07-20-2003, 07:55 PM
Actuarial Sciences has been rated in the top five jobs in USA in the previous 5 years i guess... Till last year there were only 17 actuaries in Pakistan...
To be an actuary, you can opt for the UK stream, or the USA stream... The syllabus of both the streams are more or less same, slightly different, but dividing into modules in a different way... The UK stream has short modules totalling 15... whereas the USA stream has 9 long modules...
It usually takes abt 6-8 years to become an actuary... An actuary also has to get on-job training during the course of the study just like the C.A/ACCA articles...
And about the salary they get... The earn a lot more than CA's (with the exception of those who have firms)... Their salaries during the course of their training shoots up to Rs.35,000/month here in Pakistan in no time...
State life offers actuarial sciences' training... Students have to take their own pvt. tuitions for studies...
Also, its not necessary that you complete the whole actuary, you can also only complete 3/4th of it, and get a proper job easily...
There are courses like BSc.in Actuarial Sciences too... But I'm unaware of the scope and course structure of such a degree... Karachi university has recently started BSc. in Actuarial Sciences, I'm sure they can be of assistance... In UK, LSE (London School of Economics)offers BSc. in Actuarial Sciences (3 year course).
I hope that'll help you.
To be an actuary, you can opt for the UK stream, or the USA stream... The syllabus of both the streams are more or less same, slightly different, but dividing into modules in a different way... The UK stream has short modules totalling 15... whereas the USA stream has 9 long modules...
It usually takes abt 6-8 years to become an actuary... An actuary also has to get on-job training during the course of the study just like the C.A/ACCA articles...
And about the salary they get... The earn a lot more than CA's (with the exception of those who have firms)... Their salaries during the course of their training shoots up to Rs.35,000/month here in Pakistan in no time...
State life offers actuarial sciences' training... Students have to take their own pvt. tuitions for studies...
Also, its not necessary that you complete the whole actuary, you can also only complete 3/4th of it, and get a proper job easily...
There are courses like BSc.in Actuarial Sciences too... But I'm unaware of the scope and course structure of such a degree... Karachi university has recently started BSc. in Actuarial Sciences, I'm sure they can be of assistance... In UK, LSE (London School of Economics)offers BSc. in Actuarial Sciences (3 year course).
I hope that'll help you.