Actuarial studies

[AzureBlue]

For actuarial studies you'd probably only need to learn MATLAB, R and Excel.

Haven't heard of MATLAB or R, but I sure know Excel! What does R stand for, by the way?

[tram]

lol same azure;)

[Gloamglozer]

Just think about it this way.  At UoM, there is a subject where you pretty much do the Spesh course in one semester.  Personally, I know three people who wanted to major in actuarial studies.  Two of them didn't get the marks needed in their maths subjects to continue on to second year and the third person who did go through to second year is starting to really struggle.

Damn, How good at maths were these people? Like adverage or pretty bright?

I reckon they were pretty good.  But none of them did UMEP Maths (2 did Spesh and 1 didn't do Spesh) so you're already ahead of them.  You'll cope fine, don't worry. 

[tram]

lol, thx for the encouragement

[AzureBlue]

lol, thx for the encouragement

Yeah, you'll be fine Congrats on the 47 last year! How hard is it to get 40+ SS in Chinese SL?

[tram]

lol, thx azure. Ummm 40 is Sl is not easy, but not impossible. TBH i hated chink, so spent very little time on it. If i had taken it as seriously as i did methods, i would've done much better. Just start your oral stuff earli esp general convo, cos it will also help you essays, not only with more vocab, but also sentence grammar/structure/syntax, ect.

[GerrySly]

Hmm ok it does sound rather difficult then so I think I'll just scrap my DipMSc or add a year for it after actuarial studies (if I make it!), because overloading/fast-tracking sounds like a bad idea. So do we have to be really good at computer stuff like C++ etc... to do actuarial studies too?

I doubt you'd have to know much about low level languages like C/C++, it'd just be proficiency with a computer (be able to learn programs quickly and maybe a high level language such as Python or Perl)

C/C++ is mainly for design isn't it?

Not at all, it's for a lot of things. Things like XBTT and Eggdrop which are mostly CLI interface (nothing fancy) but it can go as fancy as you want (Photoshop was done in C++)

It's very adaptable

[AzureBlue]

Hmm ok it does sound rather difficult then so I think I'll just scrap my DipMSc or add a year for it after actuarial studies (if I make it!), because overloading/fast-tracking sounds like a bad idea. So do we have to be really good at computer stuff like C++ etc... to do actuarial studies too?

I doubt you'd have to know much about low level languages like C/C++, it'd just be proficiency with a computer (be able to learn programs quickly and maybe a high level language such as Python or Perl)

C/C++ is mainly for design isn't it?

Not at all, it's for a lot of things. Things like XBTT and Eggdrop which are mostly CLI interface (nothing fancy) but it can go as fancy as you want (Photoshop was done in C++)

It's very adaptable

Okay, my bad, I have no idea, though my Dad's a R&D Engineer or something so he's learnt both C and C++.

[mark_alec]

Haven't heard of MATLAB or R, but I sure know Excel! What does R stand for, by the way?

R is GNU S - http://www.r-project.org/

[AzureBlue]

Does anyone know how approximately many people make it into first year, second, year and third year Bcomm Actuarial Studies in Melbourne Uni respectively (each year)?

[tram]

lol, no idea but lemme put it this way. I was talking to Dr He about acturial studies and this is what he said: If you get 42/43 or lower in spech(note spelling) you might have a bit of trouble finishing the course. If you get above 45, you'll be fine, esp if you do uni maths as that grants you an expemtion from accelerated maths 1. Dr He gets about 5-10 of his studnts enrolling into act stud each year that that was what he found in his experience.

[AzureBlue]

lol, no idea but lemme put it this way. I was talking to Dr He about acturial studies and this is what he said: If you get 42/43 or lower in spech(note spelling) you might have a bit of trouble finishing the course. If you get above 45, you'll be fine, esp if you do uni maths as that grants you an expemtion from accelerated maths 1. Dr He gets about 5-10 of his studnts enrolling into act stud each year that that was what he found in his experience.

Wow that's a lot of students just from DHMC... from my experience, no one from my school knows what actuarial studies is Not many people do, actually, in year 4, when I first heard about it, I thought it was something to do with acting.
But actuarial studies isn't just maths - there's economic modelling and stuff too so that's why I was considering doing economics, but then I have 9 subjects which is a little bit over the top. By my subjects, I'm more of a maths/science student than a commerce student, but oh well...

[Gloamglozer]

But actuarial studies isn't just maths - there's economic modelling and stuff too so that's why I was considering doing economics, but then I have 9 subjects which is a little bit over the top. By my subjects, I'm more of a maths/science student than a commerce student, but oh well...

Actually, actuarial studies has a combination of economics, accounting, etc.  So if you want to be well prepared for the major, you might as well do 10+ subjects for VCE.    Jokes.

[Yitzi_K]

But actuarial studies isn't just maths - there's economic modelling and stuff too so that's why I was considering doing economics, but then I have 9 subjects which is a little bit over the top. By my subjects, I'm more of a maths/science student than a commerce student, but oh well...

Actually, actuarial studies has a combination of economics, accounting, etc.  So if you want to be well prepared for the major, you might as well do 10+ subjects for VCE.    Jokes.

Well I'm doing economics, accounting and spesh, would that give me a good basis for actuarial? Cos it's something (out of a long list) I've been considering but reading this discussion makes it seem fecking hard

[AzureBlue]

Biology
Methods
Chinese SL
English Language
Chemistry
Specialist Maths
UMEP Maths
Physics
Economics
Accounting
Business Management.

Totally.