Actuarial Science – become an expert in risk management!

Monday - June 15, 2015

The future is uncertain and full of risk, which is the chance that an undesirable event will occur, but risk is also an opportunity! That’s where actuaries come in.CD8oJTPW0AAjfeC

Actuaries are experts in:

  • Evaluating the likelihood of future events, but using numbers, not crystal balls!
  • Designing creative ways to reduce the likelihood of undesirable events.
  • Decreasing the impact of undesirable events that do occur.

Actuaries are the leading professionals in finding ways to manage risk. It takes a combination of strong analytical skills, business knowledge, and understanding of human behavior to manage today’s complex risks facing our society.

They’re key players on the management team of companies that deal with risk. In a fast-changing world, with emerging risks and the need for more creative ways to tackle them, there are constant opportunities for personal and professional growth.

Actuarial sciences deal with the financial effects of these unpredictable events which influence the individuals’ lives (birth, death, illness, accidents, disability, retirement, etc.) and the effects which influence individuals’ property holdings (fire, earthquake, theft, fraud, etc.).

Students of Actuarial Science are skilled in designing, developing and pricing insurance products, pension planning, actuarial valuation and projection of funds, financial analysis and management of the risk by using basic knowledge about actuarial mathematics, insurance, statistics, mathematics, computer sciences, finance and simulation techniques.

1Actuarial Science is one of the most popular brand-new business and educational disciplines, both in Turkey and in the global market. Yaşar University’s Actuarial Sciences master’s program is amongst the primal and the leading programs in Turkey.

The vision of Yaşar University’s Actuarial Sciences Department is to educate modern and creative individuals by giving basic information about not only actuarial sciences, statistics, mathematics, insurance, computer sciences and finance but also sociology, psychology and philosophy.

If you’re interested in learning more about this topic, join our webinar where the staff of Yaşar University are going to present their master program in Actuarial Science. Register here! [wufoo username=”web2present” formhash=”k82i5ci1bb12a8″ autoresize=”true” height=”516″ header=”show” ssl=”true”]