actuarial studies @ melb uni

[AzureBlue]

lol, could you not've just said that in the first place instead of bashing act stud head on?
but yea....agree with eveything here You'll find that very few ppl do just PURE acturial for their entire life anyway

Lol I'm pretty sure it's really not as bad as they make it out to be... what do people normally combine actuarial with? I'm thinking economics or law as alternatives, but again, I think actuarial will be fine

[schmalex]

OK I'm sad now. What can I do that is hardcore Maths/Calculus???

I hear economics is actually pretty calculus-heavy.

[AzureBlue]

OK I'm sad now. What can I do that is hardcore Maths/Calculus???

I hear economics is actually pretty calculus-heavy.

Economics is AWESOME. Sounds really interesting...

[tram]

OK I'm sad now. What can I do that is hardcore Maths/Calculus???

I hear economics is actually pretty calculus-heavy.

really? well i think it depends how mathsy the subjects you choose at uni are, you probs would be able to get away doing an eco major without like 50-in-spech skills right?.....and correct me if i'm worng but i'm pretty damn sure caculus is not in vce eco...

[AzureBlue]

really? well i think it depends how mathsy the subjects you choose at uni are, you probs would be able to get away doing an eco major without like 50-in-spech skills right?.....and correct me if i'm worng but i'm pretty damn sure caculus is not in vce eco...

I'm not sure about VCE Economics yet (I'm doing 1/2 next year) but apparently it could help you a bit in first-year uni if you're doing a Bcomm. VCE Economics is definitely more basic than the microeconomics, macroeconomics and econometrics at uni but if you've done VCE eco, feel free to expand on the calculus side of things. Yeah, there should be a reasonable amount of maths in eco although it's not all maths... it's pretty good I've heard

[schmalex]

There's no maths in VCE eco because there's no requirement that you have to do it alongside maths. At uni you need methods, hence they can include it. Plus there's no calculus in first year uni anyway, or if there is it's ridiculously basic.

[AzureBlue]

There's no maths in VCE eco because there's no requirement that you have to do it alongside maths. At uni you need methods, hence they can include it. Plus there's no calculus in first year uni anyway, or if there is it's ridiculously basic.

So what is VCE Economics mainly about?

[laynie]

Yeah have to agree with darlok on this one. Got a few friends in actuarial who reckon it's the worst thing ever. Also ilmm: i think wolframalpha took your job as a area under curve calculator

[AzureBlue]

Got a few friends in actuarial who reckon it's the worst thing ever.

Okay, but for what reason?

[laynie]

Got a few friends in actuarial who reckon it's the worst thing ever.

Okay, but for what reason?

The reasons darlok mentioned.

[AzureBlue]

Got a few friends in actuarial who reckon it's the worst thing ever.

Okay, but for what reason?

The reasons darlok mentioned.

KK, I'm going to go into Bcomm Actuarial first to see what it's like from my own point of view, I've still got a fallback plan on Bcomm Economics or JD if I dislike it. I don't understand how it can be as bad as darlok mentioned though... what are you majoring in?

[AzureBlue]

AzureBlue, yes I have studied actuarial studies.

Still doing it? Or did you switch to a different major after first year?

[Akirus]

Got a few friends in actuarial who reckon it's the worst thing ever.

Okay, but for what reason?

The reasons darlok mentioned.

KK, I'm going to go into Bcomm Actuarial first to see what it's like from my own point of view, I've still got a fallback plan on Bcomm Economics or JD if I dislike it. I don't understand how it can be as bad as darlok mentioned though... what are you majoring in?

Out of curiosity, what makes it so interesting for you?

[Toothpaste]

Just an observation I feel like pointing out. AzureBlue you're a repeat of AppleXY's past obsession with actuarial at UoM, especially with the comparative dead-set goal and knowing quite a fair bit about the course during VCE. Deja Vu.

[AzureBlue]

Out of curiosity, what makes it so interesting for you?

The multi-disciplinary background of mathematics, statistics, demography, finance and economics needed (and this is displayed among the subjects sequence), risk modelling, interaction with clients, and the incredible mathematics behind the models as well as good job security. I can't really say for certain at this point as I am yet to enter university, but I think it sounds quite appealing and worth a try (even if everyone here seems to hate it, I will still try for myself to see what it really entails and whether I enjoy it or not without being influenced by anyone else). The problem solving aspect of economics also appeals to me, hence, that is what I would switch to if actuarial studies is not my thing. As for law, I'd have to do undergraduate actuarial or eco first, because it is only offered as JD now, and I'd also prefer to get a taste of law through breadth subjects (ie. Principles to Business Law, Corporate Law, Taxation Law) before I actually go into it so I know what I want to be doing.

Re: Toothpaste,
Just curious, why did AppleXY decide to switch to econometrics and at which point?