Recent content by schmeichung

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    Actuarial Studies

    3rd year actuarial courses are actually easier than 2nd year because some of them are quite repetitive in a way.. and 3rd year courses more relate to real world which are easier to understand.. If you want to do something inter-relate between actl and fins, I strongly suggest you to do...
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    Actuarial Studies at UNSW and MQ

    For me I think whether studying actuarial in either UNSW or MACQ is irrelevant, as long as you get enough points for exemptions (for Part II as well), then you will be fine My impression is it might be slightly easier to get exemption in UNSW for Part I, and easier in MACQ for Part II? ps...
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    Fins1612 finacial market and inst.

    For me, FINS1612 is the hardest among 1613, 2624, 3616, 3635, 3636 & 3640.. but no, please don't quote me on this
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    Fins2624: Question on the market portfolio

    The concave curve is a series of optimal risky portfolio without the presence of riskless asset. The tangency of the curve is the combination of optimal risky portfolio and riskless asset. The touching point is when the weighting of riskless asset is 0%. Market portfolio is optimal in the...
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    programming in actuarial studies

    you sure there's a lot of actuaries in BIG4 comparing with accountants/auditors? I guess the ratio is like 1 actuary/100+ accountants in BIG4 (but this has nothing to do with speciality of an actuary, it's all about supply and demand)
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    programming in actuarial studies

    I know people who is FSA, CPA, and CFA! so nothing limits you from being an multi-professional don't laugh at accountants There's so much reporting work for actuaries as well (so actuaries have to understand the standard well too!)
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    few questions on acturial studies

    Personally I don't think decision on MACQ or UNSW is relevant as long as you are good enough to gain all exemptions and get good marks. Gaining exemptions already implied you are good enough to proceed as an actuary. The real question to you (I get this impression after 3 years of actuarial...
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    Difference between Accounting & Finance?

    FINS & ACCT are too different to compare directly. It's more memorising for ACCT but understanding for FINS. For those who said you just memorise the formulae and apply them during the exam, you can actually not to memorise them but know how the formula actually works. (I don't mean...
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    FINS2624 - What the fuck

    No lecturers will tell you not to attend lectures..
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    FINS2624 - What the fuck

    It doesn't matter after all. They were half Julia and half Henry. I hardly turned up more than 1/4 of the lectures. (maybe first, last, mid-sem and 1 or 2 lectures) What more important is you are able to self-study. Lecturers and tutors are just the guides whenever you are stuck during...
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    FINS2624 - What the fuck

    FINS2624 was not hard at all. Do your tutorial exercise, understand the material then you will easily achieve 75 or above. If you do well and understand the stuffs thoroughly, it's very likely that you will score well in FINS3635 too! In my eyes the material of FINS2624 & FINS3635 are so...
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    Question regarding dropping of degree.

    It's not called wasted I guess you will still have to do some electives if you single major Finance until now I am still not sure if MATH1151/MATH1251 can actually replace QMA/QMB if you decide quitting actuarial after doing MATH1151/MATH1251
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    FINS3635-Options, futures and risk mgmt

    I only attended 2-3 tuts for FINS3635 don't think its necessary to attend lectures/tuts if you are capable of self-study effectively (the material is not hard to understand at all)
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    FINS3635-Options, futures and risk mgmt

    Its easy if you have basic financial knowledge you may say its an extension of FINS2624 (but not really becoz I think the difficulty is comparable) HD or D are certainly possible if you work "hard" (really depending on how you define hard) but no..its not that relevant if you want to be an...
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    actuarial exemptions

    its approx AU$500 (vary due to pound exchange rate) for each attempt if you write the exam externally I guess you dont have to be a member to write the exam? Better ask the institute becoz SOA doesnt need you to be a member to write the exam
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