Commerce/Adv Science - What can I do with this?

[velox]

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Originally Posted by kcchippy

Lol, thanks for that valuable piece of information...I'm sure working in a drug company would be many people's dream come true....

Actually, quite a few people take a liking to it. One of my sisters friends was lured by one, straight out of uni, 100k salary/car/mobile/laptop. My sister was interested in doing it, as the working conditions for doctors are so shit.

[kcchippy]

Hmm...that's great if your sister enjoys it! I guess, if ever I am qualified enough, I might take a pharmaceutical/drug company into consideration.

I had no idea that working conditions for doctors weren't very good..Why do so many people want to be a doctor then?

[velox]

Taken from the words of a friend who is a dr "because they are foolish"

[kcchippy]

Lol, when I think about being a doctor, aside from societal prestige and an inherent desire to help people, I can't quite understand exactly the appeal...:S

[+Po1ntDeXt3r+]

Originally Posted by velox

most drug reps are doctors.

i think u mean a certain class of them

cos lots of the ones at the grass roots were actualli nurses... as with any marketing there is a level of sex appeal too.. lots of them were female..

for radiology ... i recall it was a radiographer + radiologist team from GE trying to close AUD $1.5 million in sales for the new scanners... sooo much sucking up..

tho the medical doctors have credibililty.. and move through the ranks faster
they just dun do the pen handing out stuff... i mean for 100k ud expect a more stimulating job than handing out pens and pamphlets

Originally Posted by velox

Taken from the words of a friend who is a dr "because they are foolish"

tats soooo true

[§eraphim]

hey ND. which is the best valuation subject in acst? im thinking of doing the one corresponding to ct 5 - contingencies (life and super modelling)

[bscienceboi]

Commerce Major in Marketing + Science is a good combination. As long as you major in medical science/health units in science. Ultimately you would probably aim for Pharmaceutical companies and such.

Major in Psychology with Commerce wouldnt be too bad either. However, Marketing + Psych is a bit odd because the aim for both majors are quite the same, whereas having a science background knowledge would be advantageous depending on the field of work.

[ND]

CT5 corresponds to ACST255 and ACST355 at mac. I've done only the former, and that's the only valuations subject i've done so far. I was in the first class to have done it, and the course was pretty straight forward (for an ACST subject). The material isn't too boring either. I've looked through some of the material for ACST355 and it seems much the same, it's just an extension of 255 (e.g. joint lives and other complications).

[§eraphim]

You think this would be appropiate for corp fin? cz to me it's just generalised cashflow modelling

[ND]

Nah i wouldn't think it would be directly applicable to corp fin, it's pretty much all life table stuff.

[§eraphim]

i think they use markov models later. what about mortgage securitisation?

[sikeveo]

Originally Posted by +Po1ntDeXt3r+

i think u mean a certain class of them

cos lots of the ones at the grass roots were actualli nurses... as with any marketing there is a level of sex appeal too.. lots of them were female..

for radiology ... i recall it was a radiographer + radiologist team from GE trying to close AUD $1.5 million in sales for the new scanners... sooo much sucking up..

tho the medical doctors have credibililty.. and move through the ranks faster
they just dun do the pen handing out stuff... i mean for 100k ud expect a more stimulating job than handing out pens and pamphlets



tats soooo true

yeah, its always nurse drug reps educating nurses, and doctor drug reps educating doctors

[ND]

I don't think that there are any markov models in CT5. Don't think it covers securitisation either. It's pretty much just life policy reserves and the like.