@costa lol ok.
and @brendan, VCE is by no means an indicator for intelligence. Small discrepancies in SACS and exams [possibly due to to pressure, sheer bad luck, ranking, schools, moderation and other statistical bs] can lead you to an underestimated score. Ahmad got 45 for methods where he should've really got 50. I really <3 acc but i got a 37.... saying i'm just above the state av [this REALLY fking piss me off].
I think the uni should have like prep for the subject which will then seperate the people who really enjoy and others who are just 'checking' it out.
and oh, Actuarial is basically risk management. The application of advanced statistics, probability and financial mathematics to firms [traditionally it was for life insurance, now it's spread across towards Banks, other types of insurance, superannuation and others.]