Uni Stuff > Actuarial Studies
Actuarial studies
tram:
In term of your first question rohitpi, demand for actuaries is pretty strong, while admittedly there are not as many places avalible as say accounting, you have much less competition, really you should have no real problem getting a job if you have decent marks.
Acinod: I'm biased of course but I would advocate going for actuary. You seem
To have already convinced yourself out of med, and while admitedly the science scholars program does offer more options, it seems to waste two years before you can do anything specific that will get you one of the jobs you listed. In terms of your apprehensions regarding commerce subjects, both TT and I had never done commerce subjects in much depth at all and are Defs finding commerce interesting, so don't worry there. In terms of work to be an actuary, you really can quite easily find a job after your three year degree, extra qualification on top are just a bonus, admittedly, not the easiest tests and exams to pass, but hey, comparedto med or getting another professional degree you're way ahead, plus ur working and making money at the same time.
One more miscellaneous point, you mentioned commerce scholarships, as a Copland scholar at Melbourne, let men tell you Melbourne have awesome awesome scholarships, as an example, in the next 5 years Melbourne plan to raise 5million dollars JUST for commerce scholarship, but it's more than the mere money and mote about the opportunities and contacts that are useful
tram:
One more thing, Dw about not doing uninmaths, you're in the same
Boat as 90% of the actuarial kids haha, you don particualry
Need uninmaths at all for actuarial
acinod:
--- Quote from: tram on July 26, 2011, 10:17:35 pm ---In term of your first question rohitpi, demand for actuaries is pretty strong, while admittedly there are not as many places avalible as say accounting, you have much less competition, really you should have no real problem getting a job if you have decent marks.
Acinod: I'm biased of course but I would advocate going for actuary. You seem
To have already convinced yourself out of med, and while admitedly the science scholars program does offer more options, it seems to waste two years before you can do anything specific that will get you one of the jobs you listed. In terms of your apprehensions regarding commerce subjects, both TT and I had never done commerce subjects in much depth at all and are Defs finding commerce interesting, so don't worry there. In terms of work to be an actuary, you really can quite easily find a job after your three year degree, extra qualification on top are just a bonus, admittedly, not the easiest tests and exams to pass, but hey, comparedto med or getting another professional degree you're way ahead, plus ur working and making money at the same time.
One more miscellaneous point, you mentioned commerce scholarships, as a Copland scholar at Melbourne, let men tell you Melbourne have awesome awesome scholarships, as an example, in the next 5 years Melbourne plan to raise 5million dollars JUST for commerce scholarship, but it's more than the mere money and mote about the opportunities and contacts that are useful
--- End quote ---
Wow thanks a lot! Also would a mathematically minded person like me be able to cope with rote-learning commerce/economic subjects that require you to memorize terms and definitions? I think I'm similar to you and TT in terms of interests since it looks like we basically did the same subjects. I feel much more confident after seeing the enthusiam in you guys. Oh wow so you mean becoming an actuary isn't the hardest career path? I thought a lot of study was required for the exams, or does Medicine, Law and Post-Grad require even more work? Also what else can you do with your degree if you don't want to be an actuary. And what happens to the students that don't end up becoming an actuary? (i.e. don't pass the exams)
EDIT: Apparently Actuarial Studies isn't as hard as we all take it to be. 12 hour week at Uni seems quite relaxing and compared to Medicine/Law there is a lot less rote-learning involved. Is this true?
Russ:
If you're not terribly interested in medicine then the path to being an actuary is probably a better one - it's a lot shorter and there's a lot more money on it!
--- Quote ---I thought a lot of study was required for the exams
--- End quote ---
No more so than your certification exams for medicine, for law etc. I haven't seen the actuarial exams so I can't speak for them, but given you're exempted from some of the steps due to coursework, it seems easier than the other disciplines.
--- Quote ---Apparently Actuarial Studies isn't as hard as we all take it to be. 12 hour week at Uni seems quite relaxing
--- End quote ---
It's okay, we all thought this once! Contact hours at uni are a terrible indicator of difficulty. Sure you've got 12 hours at uni, but you're expected to do 2.5 hours extra study at home for every one of those. Now it's 42 hours a week. Still seem easy :P
The hardest part about adjusting to uni is learning to do the work you're not told to do.
Keki:
I know 2 people who have finished a degree in actuarial studies :P
A friend of mine said you need 45+ spesh to even cope keke ~_~
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