Which is better...MBA or Actuary ?

Question

I am expecting an answer from someone who has certain understanding in Actuarial profession. Because from my earlier question i found most of the answerers doesn't know anything about Actuary!

Thanks in advance.

Answer 1

actuary ofcourse!

MBA is genral, but actuary prractice is aspeciality  connected with Insurance, both life and non-life,

the exam is difficult. But if you have Maths or statistics background it is ideal.

there are huge opportunities.

Brouse google and you will know.

cheyuta

Answer 2

It is a tough questions, because it is an Apples and Oranges comparison.

An actuary can work in insurance or for a Wall Street financial firm, while an MBA is trained in general business.  If you want to work in Insurance, then it is much better to be an actuary.  If you want to work in marketing, consulting or in management, then an MBA is better.

That leaves Finance.  Here, I would say that you have a good shot at getting a Wall Street type job if you get an MBA at a top 15 school than if you are an actuary.  But you have a better shot as an actuary than if you get an MBA from an unranked school.  

As far as salary, an MBA from a top ranked school and an actuary will have no trouble getting a six-figure salary.  An MBA from a school that is not ranked will make little more than someone with a BS in Business.

There is one other difference.  You can become an MBA in two years.  It is much more difficult to become an actuary.  I think it is harder than getting a PhD.

Answer 3

bouth option is better, it is dependaopan your interest.