actuarial studies @ melb uni

[red bull]

Do u have to do spesh maths to major in actuarial studies?

[crappy]

yeah, you need like 38 raw in spesh but I cant remember.

[moshi]

Doing spesh isn't a prerequisite; however, it is highly recommended.

[Gloamglozer]

Doing spesh isn't a prerequisite; however, it is highly recommended.

If you didn't do Spesh, you have to do a subject in semester 1 called "Calculus 1" which is as Dan says, "Spesh-in-a-semester".  Then in semester 2, you do "Calculus 2" which is pretty much an extension of Calculus 1.  Then during summer you do a subject called, "Linear Algebra".

And after that, you should be on par with the other actuarial students.  So yes, in essence, there is a bit of catching up to do.

[Gloamglozer]

Do u have to do spesh maths to major in actuarial studies?

lol why do you want to do actuarial studies?

If the OP has a genuine interest in what actuarial studies entails and is keen on hard work, then I don't see why not. 

[Eriny]

The thing with a lot of commercey subjects (not all) is that your maths ability and interest will almost definitely be tested. You also have to do honours to work as an actuary and for that you need a decent average - passes are not enough. It's a competitive field and there aren't many positions. However, if you're truly keen, I don't see what's stopping you from getting there. Just be aware that your ENTER will need to be 95+ for direct entry, and that spesh is a very good idea if you're committed.

[Ilovemathsmeth]

Aren't there enough positions - reckon it'd be hard to find employment?

[jay1993]

what is acturial studies? what do they study? and why do u need spesh for it? cbf googling it lol...

[LSC]

what is acturial studies? what do they study? and why do u need spesh for it? cbf googling it lol...

Yeah. Whats the job called when you finish studying?

[jimmy999]

When you finish you become an Actuary.
Now you don't need spesh maths to study it, but if you don't do spesh then you have to do an extra subject in uni that covers the basics of spesh. The reason people who do it do spesh is because actuarial studies is heavily maths based

[jay1993]

?

When you finish you become an Actuary.
Now you don't need spesh maths to study it, but if you don't do spesh then you have to do an extra subject in uni that covers the basics of spesh. The reason people who do it do spesh is because actuarial studies is heavily maths based

what do actuaries actually do???

[jimmy999]

They do risk assessment for insurance companies and I'm pretty sure finance stuff and a lot of statistics and determining probabilities. They get paid a lot though. Only downfall is it's many years of study

[QuantumJG]

Doing spesh isn't a prerequisite; however, it is highly recommended.

This year I think specialist maths was a prerequisite (I.e. VCE students in 08 going into commerce at UoM in 09). Students who get >38 will do accelerated maths 1 & 2, which basically teaches calc 2 and linear algebra at a more advanced level and it also goes through real analysis (second year subject). 

[jay1993]

They do risk assessment for insurance companies and I'm pretty sure finance stuff and a lot of statistics and determining probabilities. They get paid a lot though. Only downfall is it's many years of study

cheers! makes sense and it seems pre cool

[tram]

They do risk assessment for insurance companies and I'm pretty sure finance stuff and a lot of statistics and determining probabilities. They get paid a lot though. Only downfall is it's many years of study

5 years minimum, most take 6-8 years. nothing comapred to specilising in med:P

Doing spesh isn't a prerequisite; however, it is highly recommended.

This year I think specialist maths was a prerequisite (I.e. VCE students in 08 going into commerce at UoM in 09). Students who get >38 will do accelerated maths 1 & 2, which basically teaches calc 2 and linear algebra at a more advanced level and it also goes through real analysis (second year subject). 

Also passing umep maths gain you exemption from accelearated maths 1, UoM suggests you do vector caculus (a second yr subject) to replace it.