Risk management and actuarial science?
What’s the difference between these two? Actuarial science is about reducing the adverse financial impact of random events occurring. Risk management is a much broader considering many sorts of risks is it ?
Actuarial Science is actually broader than Risk management. Actuarial science involves, besides the risk management part, also the investments(how to get a better investment).
Actuarial Science also involved other statistics such as mortality studies.
I studied before