Actuarial vs Engineering (1 Viewer)

[ahmed.f]

I'm interested in doing either actuarial studies or engineering at university but I am unsure of which to pick. I like maths and I am pretty good at it. Which should I do and why?

 

[jimmysmith560]

First, it's important that you have a thorough understanding of what a Bachelor of Actuarial Studies entails vs what a Bachelor of Engineering entails:

• Completing a Bachelor of Actuarial Studies will allow you to apply analytical techniques in order to evaluate relevant opportunities and risks as well as use/manipulate data analytics and insights to help a range of different organisations and individuals make critical business decisions.
• Completing a Bachelor of Engineering prepares you to learn knowledge and skills in your chosen engineering discipline.

Second, it's important to note that neither degree is limited to mathematical knowledge. A Bachelor of Actuarial Studies includes an Economics component, while a Bachelor of Engineering includes a Science component (depending on the science(s) relevant to your specialisation). Because of this, you should consider whether you currently take one, a combination of, or all of the following subjects:

• Business Studies
• Economics
• Physics
• Chemistry

If you are, it would be good to consider whether you have enjoyed any of those subjects and/or have been performing particularly well in any one (or more) of them. For example, if you're taking Business Studies and/or Economics, enjoying and performing well in either/both of those subjects, a Bachelor of Actuarial Studies might be the better option for you. Similarly, if you're taking Physics and/or Chemistry as well as enjoying and performing well in either/both of those subjects, a Bachelor of Engineering might be the better option.

I hope this helps!

 

[icycledough]

I'm interested in doing either actuarial studies or engineering at university but I am unsure of which to pick. I like maths and I am pretty good at it. Which should I do and why?

I'm an actuarial student myself currently, so I'm more than happy to let you know more through PMs in depth about what the course entails, building on from what jimmy said (if you are interested).