What college degree do you need to be an actuary?

Entry-level positions in the actuarial profession typically require a bachelor’s degree in an analytical subject such as math, statistics or actuarial science, according to the U.S. Bureau of Labor Statistics, which notes that high-level actuarial jobs often require formal certification or licensure.

Can an actuary get an MBA?

Like James, many actuaries have considered getting an MBA in addition to ASA or FSA at some point in their careers. Read on to see what motivated James to take this path.

How much is an actuary paid in Kenya?

An entry-level Actuary with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of KSh 600,000 based on 5 salaries. An early career Actuary with 1-4 years of experience earns an average total compensation of KSh 1,680,000 based on 5 salaries.

Which is better actuary or MBA?

MBA is more about becoming a good manager in a company while Actuaries is how good you can learn things related to maths and statistics. Actuaries is way too difficult and challenging ( pass rates for some exams being in a single digit) .

Can you get a masters in actuarial science?

The MSc in Actuarial Science provides a strong grounding in the mathematics of actuarial science and addresses both the current and future needs of the industry. The programme incorporates all mathematical techniques, in particular from the fields of probability and statistics, a modern actuary could not do without.

How many actuaries are in Kenya?

Actuarial Body in Kenya Kenya has 65 qualified fellows of the U.K. Institute and Faculty of Actuaries (IFOA), which has mainly been driven by the efforts of the Kenyan government.

How long does it take to study Actuarial Science in Kenya?

Kenyan institutions that offer the degree course have different structure and education program. But a Bachelor of Actuarial Science degree programme takes four academic years. Part-time students can take on the course within eight academic years.

What can I do with a degree in actuarial science in Malaysia?

Here are some job opportunities that you can find in Malaysia with a Degree in Actuarial Science. #1. Insurance actuarial analyst A large number of actuarial science graduates and actuaries work in the insurance industry.

What are the best universities for Actuarial Science in the US?

Ranked 16 th according to 2014-15 Times Higher Education, the University of Pennsylvania in the U.S. is one of the best universities for Actuarial Science. Actuarial Science is taught at the Wharton School at the undergraduate level.

Is the specialist actuarial course accredited in the United Kingdom?

The specialist actuarial course in the university has been accredited by the actuarial profession in the United Kingdom. The University has ranked #25 in the U.K. according to the 2014-15 Times Higher Education Table of Tables.

What qualifications do you need to become an actuary?

However, in the long run, student hard work and dedication would count the most. In order to qualify as an actuary, students require a proper honours degree in the field of Actuarial Science along with expert professional qualifications, and they can achieve both when they join one of the best universities for Actuarial Science.