Actuary Vs MBA

I have completed my graduation and want to pursue higher education searching for the details of Actuarial Science degree and MBA Finance degree. Will you provide me difference between Actuary Vs MBA Finance degree like in which sector I get job?

[Shaleen]

Actuarial Science is actually a risk assessment discipline used primarily in the finance and insurance industries.

Actuarial Science deals with using mathematical and statistical methods for assessing risks.

Actuaries have significant roles in various social as well as business contexts and they are:

Investment and Financial Services
Life Insurance
Health Insurance
General Insurance
Vehicle Insurance
Employee Retirement and Benefit Plans

Job profiles in Actuarial Science

There are a few other sectors which require apt actuaries as well such as:

Consulting firms
Government
Hospitals
Banks
Investment firms
Project Management
IT sectors
Health care sectors
BPO sectors
Education sectors
Asset Liability management in many sectors

Career opportunities in Private sector

Some of the private firms which offer great career for Actuaries are listed below.

Allianz Bajaj Life Insurance Co.
Birla Sun Life Insurance Co. Ltd.
ING Vysya Life Insurance
Metlife India Insurance Co. Ltd.
SBI Life Insurance Co. Ltd.
Max NewYork life Insurance
Non governmental IT organizations
Non governmental Education institutes

About MBA Finance:

MBA Finance is a much sought after discipline and one can make a great career after doing MBA Finance.

Private sector jobs after MBA Finance which are available:

Financial analyst
Accounting managers
Treasurers
Cash managers
Management consultants
Investment bankers
Investment banking associates
Risk managers
Insurance managers