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October 03, 2025, 09:58:11 pm

Author Topic: Urgent! Some advice about commerce  (Read 4572 times)  Share 

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pi

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Re: Urgent! Some advice about commerce
« Reply #15 on: December 18, 2011, 02:36:22 pm »
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what exactly does it entail (+ working hours + pay)?

ty


Read this whole thread: Actuarial studies

lilaznkev1n

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Re: Urgent! Some advice about commerce
« Reply #16 on: December 18, 2011, 02:41:02 pm »
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There are other majors including accounting, finance, economics, econometrics, actuarial studies etc. These are the common "high paying" majors
I didn't do spesh and was wondering what type of maths would be required to do a major in econometrics.
Would I be able to cope with only methods in vce?
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dc302

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Re: Urgent! Some advice about commerce
« Reply #17 on: December 18, 2011, 03:58:42 pm »
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There are other majors including accounting, finance, economics, econometrics, actuarial studies etc. These are the common "high paying" majors
I didn't do spesh and was wondering what type of maths would be required to do a major in econometrics.
Would I be able to cope with only methods in vce?

Yes, you are not expected to know spesh anyway, so you will be fine. The type of maths in spesh is not what you're going to see in commerce anyway. Methods would have been a better indicator.
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aes_999

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Re: Urgent! Some advice about commerce
« Reply #18 on: December 18, 2011, 04:19:26 pm »
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U'd be expected to know high level maths & be proficient at it for actuarial studies only (which means spesh & harder). The rest of majors is quite more lenient on maths side of things, esp. Accounting (plus, minus, divide and multiply FTW).
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dc302

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Re: Urgent! Some advice about commerce
« Reply #19 on: December 18, 2011, 05:56:57 pm »
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U'd be expected to know high level maths & be proficient at it for actuarial studies only (which means spesh & harder). The rest of majors is quite more lenient on maths side of things, esp. Accounting (plus, minus, divide and multiply FTW).

You can't really call one type of maths 'harder' than another type of maths. It's like comparing apples to oranges. Spesh is an introduction to several types of maths, but actuarial maths isn't really one of them. From what I understand, actuarial maths is more to do with statistics and stochastics and the likes. Spesh introduces people to classical mechanics, and some basic concepts in complex analysis and calculus.
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aes_999

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Re: Urgent! Some advice about commerce
« Reply #20 on: December 18, 2011, 06:01:16 pm »
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dc, ur right, and I could be wrong otherwise. However, from what I've heard (from people I know doing actuarial studies + MHS friends), it isn't for the faint hearted at maths, as a good percentage of people drop out doing actuarial studies in later years. That was why I presumed a good understanding of high order mathematics, like VCE specialist is more in tune to be well equipped to pursue actuarial studies.
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TrueTears

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Re: Urgent! Some advice about commerce
« Reply #21 on: December 18, 2011, 06:05:30 pm »
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There are other majors including accounting, finance, economics, econometrics, actuarial studies etc. These are the common "high paying" majors
I didn't do spesh and was wondering what type of maths would be required to do a major in econometrics.
Would I be able to cope with only methods in vce?
Yeah ofcourse~ there's quite a bit of probability theory in a.s, so methods would help more than spesh lol but yeah alot of high level probability requires alot of calculus - i guess this is where spesh comes in, however you can easily learn that if you have good methods foundations :)
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