thanks amrita book marked this
Amrita Khanna
(I am CA now)
(1174 Points)
Replied 29 April 2011
Sanjeevsir,
Sorry but let me tell you, I havent disagreed in my life to the extent I disagree to your post..
Well, its true there is lot of maths in it... It is true there is no connection between the two... It is also true that it is very tough... considered to be 2 times tougher than ca..
Rest all part, I totally disagree...
First of all, Talking about demand... Actuary is an emergin field in India and with privatisation at full fledge, by the time one finishes actuary if starts today, it'll have humogenous value alongwith ca.
In my opinion, those degrees which are totally unrelated only enhances the value and supplements the other degree.... of course, only if you want to become something big... And who doesnt want to become a known man..
In all Insurance companies and banking companies(yet not in india), all CEO and top level executives are actuaries. And with Risk Management being introduced in the scope of Actuary, the value it will hold is extra-ordinary... And with the CA degree, think what you cant do in this world.
It only enhances your chances to become CEO or top level executive of top company and pays you hefty amount. Of course, it is tough and thats why it pays you also hefty...
Tell me, any one of the degrees, you mentioned above, can make you CEO without the need of 25-30 years of experience... Those degrees are good only to get you some more pay in a job. But even after considering all the degrees together with ca and comparing them with ca and actuary togethr, pay a person get would be 2 times more. Only actuary fresher can earn 60 lakhs. You can check actuaries.org.uk o check the salary an actuary earns.
Sorry if I sounded rude, please dont mind if I sound so... Its just that I disagree heavily,...
Pradip Narsingani
(Income Tax & GST Consultant/ CA-Final)
(572 Points)
Replied 30 April 2011
thanks for sharing./././
jackie
(student)
(33 Points)
Replied 06 May 2011
but i am very poor in maths and got 100 in CPT(nov 2006)...i answered the paper without attempting any question from maths...
Amrita Khanna
(I am CA now)
(1174 Points)
Replied 08 May 2011
thanks jackie...u can try yourself out though..course is quite cheap
Ankit Agrawal
(C.A.)
(72 Points)
Replied 09 May 2011
I have cleared 5 papers. CT-1,2,3,7,9. i agree with that the two are totally unrealted but it will help you in a career of finance. you can choose to specialise in finance and investment in the later stage of the actuary course. also the demand for actuaries was very less a few years ago as people didnt knw about such a course. but the demand is increasing tremendously. ther r less than 200 actuaries in india and about 200,000 CA so u can imagine the scope. But a word of caution. If u r not in gud in maths dont evn try bcoz it requires a very high aptitude in maths, as laid out in the entry requirements also. If anyone wants any information u can check the website actuariesindia.org
vignesh
(B-com CS CA-Final CFA-level 1 candidate)
(1053 Points)
Replied 09 May 2011
i m intrested re but my score in mathematics in 10th is 146/150...bt in 12th its 84/100.....i.e 84%
fr applying fr exam u need to get 85% naa
sad :(
missed by a whisker
Rohith
(Final Student)
(69 Points)
Replied 07 December 2011
Thanks a lot 4 sharing....this article will be helpful 4 us... :)
MD. Ibrahim J. Attar
(Chartered Accountant)
(97 Points)
Replied 26 December 2011
Amrita, thanks for posting the valuable information about Actuariesclub.
Well, some of the views are correct that Actuary involves lot of number crunching in the field of mathematics and statistics, but I do not agree that its not related to a CA. Actuary can be specialized in the field of Finance too. I am very much interested in doing so. Guess, I know the importance of CA+Actuary Combo. Amrita have knew it. Let us see how it goes, but let me make it clear CA with an Actuary can be one of the best Combo one could ever dream of.
All the best to all!
Sriansh N.
(CA Final (Group II Cleared))
(135 Points)
Replied 26 December 2011
Originally posted by : Pradip Narsingani | ||
thanks for sharing./././ |