Actuarial studies

[humph]

Yeah too restrictive, which is why I didn't pursue actuarial. Anyway actuarial is probability heaven not enough number theory in it for me.

Well it's not like there's any number theory at all in finance either...

[qshyrn]

Seeing as you kinda got ignored i'll have a go at anwsering ur Q. From what i see i reackon you should wait it out and see how the situation is going in a coupple years. By that time Monash might have gotten a reli good acturial course up and running. Or mabey Melbourne is going stong and the other unis have gotten worse. So bottom line, wait it out. I mean next year u probs wont wanna think about it with ur 3 3/4s!

Lol, u've got exactly the same subjects as me, only ur also doing Biol in Yr 11. Seriously, strap in for one hell of a year, going into 3 3/4s will reli take it out of you and ur doing 7 subjects all up! But, gud luck with it all:)

Alright, I'll go to VCE expo this year and see what Macq has to offer first. And another thing, should I do physics on top of all my VCE subjects, I want to, but that's 8 subjects...

physics is way better than biol, so u should drop biol and pick up physics(or just addd on physics without dropping anything) i dont think ittlll be too hard as biol is just memorizing stuff. physics is much more suitable for the mathematically minded person.

anyway, about actuarial studies: i know salary seems pretty good, but its just too boring- u sit in an office all day calculating probabilities all day....not a good way to spend your life

[Gloamglozer]

I was seriously considering actuarial studies too and spent alot of time thinking about it.

The main reasons I didn't do actuarial studies was because:

... 2. You have to consistently take exams for 8 years to reach the highest salary.

The accreditation exams are for 3-4 years, depending on whether or not you did an honours year and applied for Exemption in Parts 1 & 2, isn't it?

[tram]

I was seriously considering actuarial studies too and spent alot of time thinking about it.

The main reasons I didn't do actuarial studies was because:

... 2. You have to consistently take exams for 8 years to reach the highest salary.

The accreditation exams are for 3-4 years, depending on whether or not you did an honours year and applied for Exemption in Parts 1 & 2, isn't it?

i'm pretty sure if you do well enough in bachelor with honours, it gains you expemtion from parts 1 and 2. You then undertake part three while working and can complete that in 2 year if you reli wanted to, but most ppl take 3-4. Youa re then full qualified as an actuary and can work in Australia and Britian as an actuary with no problem.

dude are u kidding me if anything i would be dropping a subject. You obviously love maths so dont drop uni maths, u'll have a seriously awesome time, If i were you i'd actually DROP biol or Chem. You only need one of them for pre-req, and chem is beta for pre-req than biol, ie it gets you into more.
I actually was down to do legal studies this year and dropped it not 2 weeks ago. BEST DECISION......EVER. so much better for my other subjects.
Bottom line, DO NOT PICK UP PHYSICS, unless you drop biol. and concider dropping a subject (biol) but 8 subjects is crazy and will kill you. Unless of couse ur an absolute freak.
PS: from a more unbised point of view, do physics 1/2 next year and see you you go. both on your 1/2 s and ur 3/4s. if you get 3 49s drop physics. but reli i think its a bad idea to kepp physics.
PPS:Wat school do you go to that is letting you do 3 3/4s in year 11??? (not against ur school or anything, just interested)

Lol apparently there was a guy who did 10 VCE subjects, the IMO, and an Lmus and still got 99.95 a few years ago :O
I really like biology, because I have an amazing teacher And I'm doing well in it, so I don't want to drop that...
That's a great idea - I'll do my chinese at Chinese School next year and do Physics 1/2 at school
I don't know if they'll let me do 3 but I'll try and negotiate (they definitely let you do two), after all I'm not going to get the university penalty because I'm doing commerce maj. actstud at Melbourne probably, so the clearly-in is like 95.20 which won't be a problem.

I'm just assuming ur azn and ur pretty smart seeing as ur taking a ridiclous amount of subjects one of which is chinese. Would your really be happy with just scraping into commerce at melbourne? If you want to do well (i'm talking high 99) you need to smart about what you do and when. I know that when i did two 3/4s in yr 11, my 1/2 marks took a massive hit. I can't image it would be like with 3, especially with one of them being chinese. Don't be fooled by the mentality that "more subjects=higher enter" again, i think it would be foolish to do 8, but you know you capabilities much beta than you do so thats a decision you'll have to make.

And we all know that guys that are as good as the one you described are: anz, have no life and occur about once every 30 years, again, if your one of them, go for it, but in the niciest possible way your probably not, so we can't compare ourselves to those superfreaks.

[appianway]

Completely off topic, but why do people assume that anyone remotely smart/scholastically oriented much be asian?

None of the IPhO team last year was, and I know that one of the guys in it also got a 99.95.

[TrueTears]

Yeah too restrictive, which is why I didn't pursue actuarial. Anyway actuarial is probability heaven not enough number theory in it for me.

Well it's not like there's any number theory at all in finance either...

which is why there is pure maths xD

[Cthulhu]

I don't think there is enough number theory in the world for you TT

I actually find acturial studies pretty interesting. Not that I take the subject. The topic just intrigues me.

[Cthulhu]

My parents are the type of people that want you to do well but they're not going to force you.

[tram]

Completely off topic, but why do people assume that anyone remotely smart/scholastically oriented much be asian?

None of the IPhO team last year was, and I know that one of the guys in it also got a 99.95.

the only reason i assumed AzureBlue was asian was because he/she is planning to do chinese in year 11 and does to chinese school. You would be foolhardy to do chinese in year 11 if you did not have a strong chinese background. And i don't know of any completely non asian people that go to chinese school (i am not refering to halfies)

[humph]

I don't think there is enough number theory in the world for you TT

Oh, you'd be surprised... He's only ever done the elementary stuff - once you  get onto the analytic stuff it gets really interesting Plus algebraic number theory too, apparently, though my knowledge of that is pretty limited so far...

[tram]

Sorry to get us back on track But my questions for anybody that can anwser them are:

1)If 1 was the difficulty of methods and 3 was the difficulty of specialist maths. what would the difficulty of Actuarial studes be? (feel free to go over 10)
2)What types of maths are used in Actuarial studies? Obviously A LOT of statistics, but what else (if anything).
3)Do you have to be good with computers, as in like programming and using all sorts of random, obscure programs like C++ to create models? Cos as far as computers go i'm pretty useless.

thanks guys

[Cthulhu]

2) Statistics and probability but from what I know of probability you'd need to know calculus as well and maybe some financial maths.

1) and 3) I have no idea about.

[TrueTears]

I don't think there is enough number theory in the world for you TT

Oh, you'd be surprised... He's only ever done the elementary stuff - once you  get onto the analytic stuff it gets really interesting Plus algebraic number theory too, apparently, though my knowledge of that is pretty limited so far...

yup, just the elementary haha can't wait till i get learn more

[Ilovemathsmeth]

I dunno, I like Calculus related Maths, I thought it was in Actuarial :S

[appianway]

If you like calculus, do applied mathematics in physics. Seriously, most of the maths needed for physics is calculus