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September 26, 2025, 09:20:06 pm

Author Topic: Actuarial Studies with a Concurrent Diploma  (Read 8189 times)  Share 

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Ilovemathsmeth

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Actuarial Studies with a Concurrent Diploma
« on: October 14, 2010, 04:44:06 pm »
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Hi :)

I'm doing an Actuarial Studies major and was hoping to combine it with a concurrent diploma in Applied Mathematics. Are there any added benefits of doing this diploma in terms of employment opportunities? Is it useful to be doing such a diploma along side Actuarial studies?

Please help :)

Ilovemathsmeth
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Russ

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Re: Actuarial Studies with a Concurrent Diploma
« Reply #1 on: October 14, 2010, 05:22:34 pm »
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From what I gather, the employment options for an actuary are pretty good without one (since it's such a competitive degree) but I'll let actual actuarial students handle this.

If nobody knows i can ask my mate, he's running (or doing something high up in) the act. society at melb.
« Last Edit: October 14, 2010, 05:28:24 pm by Russ »

tram

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Re: Actuarial Studies with a Concurrent Diploma
« Reply #2 on: October 14, 2010, 05:23:24 pm »
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I wouldn't think so. If you make it thought the course you should be able to find job reasonably easily as there is a steady demand for actuaries (as russ said). Having extra mathematical knowledge may help, but like, a good interview would probably count for a lot more e.g. it's not uncommon at all for people who only did the act stud major to get jobs over honours students.

Having said that, i do plan to do a diploma myself, the diploma of music (practical) to be specific becuase not only do i really enjoy music and would like a few letters after my name to show the work that i have done over the years, but ECs like music are good for CVs :D Also the big plus side is that even with the diploma, it will only take me three years to finish the degree.

But anyway, if i were in your position, i would stick to the main degree :)

AzureBlue

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Re: Actuarial Studies with a Concurrent Diploma
« Reply #3 on: October 14, 2010, 06:53:19 pm »
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The diploma will add an extra year to the degree, I got told? How can you fit that in in 3 years with only 1 breadth a year?
« Last Edit: October 14, 2010, 06:58:11 pm by AzureBlue »

Russ

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Re: Actuarial Studies with a Concurrent Diploma
« Reply #4 on: October 14, 2010, 06:56:39 pm »
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That's why it adds a year...

AzureBlue

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Re: Actuarial Studies with a Concurrent Diploma
« Reply #5 on: October 14, 2010, 06:57:31 pm »
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That's why it adds a year...
How come you can finish a Dip of Music with BComm in 3 years? By overloading massively?

Russ

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Re: Actuarial Studies with a Concurrent Diploma
« Reply #6 on: October 14, 2010, 06:59:25 pm »
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I have no idea on what a music diploma requires. off the top of my head, there may be a practical component that allows you to get greater credit etc.

But in general, the purpose of the extra year is to give you the time needed to finish the diploma as well as your degree.

TrueTears

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Re: Actuarial Studies with a Concurrent Diploma
« Reply #7 on: October 14, 2010, 07:01:28 pm »
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Dip of music is pretty easy... but it'd be a waste to do music @ Melbourne or any uni's in AUS
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AzureBlue

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Re: Actuarial Studies with a Concurrent Diploma
« Reply #8 on: October 14, 2010, 07:02:47 pm »
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Dip of music is pretty easy... but it'd be a waste to do music @ Melbourne or any uni's in AUS
Does it only consist of 1 music subject each year?

TrueTears

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Re: Actuarial Studies with a Concurrent Diploma
« Reply #9 on: October 14, 2010, 07:05:28 pm »
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for music performance? you do 6 subjects over the course of 3 years, so i think it's 2 subjects per year

although there are alot of exceptions, alot of students who learn with my teacher just skip subjects, get exemptions etc and just simply practise 24/7 lol
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TrueTears

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Re: Actuarial Studies with a Concurrent Diploma
« Reply #10 on: October 14, 2010, 07:10:13 pm »
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yeah, you could overload if you want, but depending on your connections i know some people who don't have to do those bs history and theory subjects.

But yeah do a concurrent course in maths :P way better than a diploma in music
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AzureBlue

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Re: Actuarial Studies with a Concurrent Diploma
« Reply #11 on: October 14, 2010, 07:13:24 pm »
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But yeah do a concurrent course in maths :P way better than a diploma in music
Pure or applied? I'm guessing pure is more enjoyable, and applied is more useful (hence the 'applicable')?

Hutchoo

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Re: Actuarial Studies with a Concurrent Diploma
« Reply #12 on: October 14, 2010, 07:13:42 pm »
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Actuarial (H) Hutchoo likes the sound of pure math.

Ilovemathsmeth

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Re: Actuarial Studies with a Concurrent Diploma
« Reply #13 on: October 14, 2010, 07:14:43 pm »
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Thanks for the replies :) So there's no real advantage apart from letting me pursue my interest? See that's the thing, I'm not sure if giving up an entire year, plus the workload that comes with it is worth pursuing my interest when I'm already doing a Maths based degree.

Yep you do either overload or in my case it adds a year.
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Ilovemathsmeth

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Re: Actuarial Studies with a Concurrent Diploma
« Reply #14 on: October 14, 2010, 07:15:27 pm »
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Yep applied :) I went to the info session today and decided I wasn't suitable for Pure Maths. All those proofs and questions sounded too much like Linear Algebra *shudder*
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