JPES, now introduces a high-potential career oriented course between the actual and the factual - Actuarial Science

Released on = May 12, 2007, 12:03 am

Press Release Author = DS Actuarial Education Services

Industry = Education

Press Release Summary = A PG Program in Actuarial Science from JPES in association
with DS Act Ed is your best bet to become a skilled actuary. Juhu Parle Education
Society (JPES) is devoted to education, committed to provide a futuristic
environment and nurture potential talent for opportunities beyond tomorrow.

Press Release Body =
Actuarial Science, which has derived its roots from Mathematics, Statistics,
Economics and Finance, is used in various fields of the Financial Sector such as
Insurance, Product Pricing, Asset Valuation, Pricing of Securities and Derivatives,
Calculation of Gratuity and Pension; Risk Assessment, Risk Management and so on. An
Actuary is a financial problem-solver with a unique blend of statistical, analytical
and business skills; in other words, an expert in Actuarial Science.
Actuaries, utilize their statistical skills, analyze past events, assess present
risks and model the future. This allows an actuary to improve financial
decision-making by developing models to evaluate the current financial implications
of uncertain future events. The application of such models to various social and
financial problems has resulted in actuaries being referred to as financial
architects or social mathematicians.

World needs Actuary
Actuarial skills are valuable for any business managing long-term financial projects
both in the public and private sectors.
Actuaries decide the premiums for all types of insurance policies - life and
non-life. Besides conventional motor insurance, fire insurance, marine insurance
etc. they include uncommon policies insuring - events such as a match or a
tournament, crucial organ of a sportsman, crop in an agricultural field. Actuaries
also decide premium for a comprehensive farming policy that insures life of the
farmer, his key laborers, his cattle, crop and so on!
By applying skills to various situations involving uncertainties, actuaries help
people to plan better for the future by reducing risk. In fact, actuaries are the
experts in assessing the financial impact or financial risks of future uncertainties
Actuary in Demand
Today, in India, many actuarial responsibilities like pricing of derivative
products, risk assessment and risk management are carried out by MBAs or other
professionals, simply because actuaries are not available. With just emerging BPO
and KPO sectors, demand of actuaries in India is expected to grow exponentially.
Though the number of actuarial students has grown more than 12 fold from about 400
to 6000 in the last 7 years, there are hardly about 125 fully qualified practicing
actuaries in India, as against 30,000 actuaries in USA and about 15,000 in UK.
Learn Actuary at JPES
A PG Program in Actuarial Science from JPES in association with DS Act Ed is your
best bet to become a skilled actuary. Juhu Parle Education Society (JPES) is devoted
to education, committed to provide a futuristic environment and nurture potential
talent for opportunities beyond tomorrow.
The Juhu Parle Education Society (JPES) was primarily set up with the object of
carrying on educational and cultural activities, for the children from 14
Co-operative Housing Societies in JVPD Scheme.
The first major development was the establishment of an English Medium
co-educational school that provided quality education. Today, this educational
institution is 25 years younger and raring to go further by introducing newer career
oriented courses.
The grant of the ISO 9001:2000 certification is an acknowledgement of the
institution's capability to deliver professional education that meets the highest
standards worldwide.

JPES' PG program in Actuary offers:
· Dedicated Program with focus on Actuarial Science
· Programs where Actuaries are Regular Faculties
· Live Projects for Hands-on-Experience working with Actuaries
· A Fast track catalyst to the prestigious fellowships of the Actuarial Societies in
the world
· Beyond First Level subjects of Actuarial Professional Examinations of the world
Eligibility: Bachelors in Science/Engineering/Technology/Commerce/Arts with a
minimum of 50% (or Masters with 45%) marks from a recognized university, with good
communication skills and a strong mathematical/statistical base.

To know more contact:
DS Actuarial Education Services
Utpal Shanghvi School, East West Road No.3,
JVPD Scheme, Mumbai 400 049.
Emai.: rajendra.shah@dsacted.com


Web Site = http://

Contact Details = DS Actuarial Education Services
Utpal Shanghvi School, East West Road No.3,
JVPD Scheme, Mumbai 400 049.
Emai.: rajendra.shah@dsacted.com
Ph - 022-26207413/26204298

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •