| Actuarial Science applies mathematical and statistical | | | | financial consequences of risk. A career as Actuary is |
| methods to finance and insurance, mainly to risk | | | | better described as a "business" career with a |
| assessment. It includes a number of interrelating | | | | mathematical basis than as a "technical". |
| disciplines, including probability and statistics, finance, and | | | | Actuarial Science study starts with mathematical and |
| economics. Actuarial Science is a way of tackling the | | | | economic techniques, which makes the base of |
| operational issues which financial business face, mainly | | | | actuarial science. Gradually students get deeper |
| where there are significant financial uncertainties in | | | | understanding of applying the techniques and |
| running the business. | | | | developing more possible detail at subjects in |
| Actuary is a business professional who analyzes the | | | | investment, insurance companies, and funds. |