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actuaries??-whats that (1 Viewer)
- Thread starter freaking_out
- Start date
jm1234567890
Premium Member
and boring, but I suppose some people find it interesting
~95
Neh, at MQ it isn't that high for just ACST ~97 but for double degrees you better be lookin' at mid-98s. Whereas it's only mid-95s at UNSW.
That statistic is an MQ statistic because MQ only want quality graduates. I'd suspect UNSW has a much lower mortality rate, say 20%, because their course is easier (ie. less quality).
Well, people would find it borin' if they have no idea what's goin' on.
SoFTuaRiaL
Active Member
SOMEONE PLEASE BAN FLYIN' FROM POSTING ANTI-UNSW-ACTL POSTS !!!!!!!!!!
flyin' - I'm pretty sure the difficulty is pretty much the same at MQ as it is at UNSW. I kno Ruse ppl who owned 4U maths are finding their ACST subject quite difficult indeed. That 70% drop out rate at ur uni is there coz its too nazi
freaking_out
Saddam's new life
YES I WILL!!!...wait i don't have authority to do that but.
-=«MÄLÅÇhïtÊ»=-
Gender: MALE!!!
ye..and juz to answer freaking out's original questions coz i dun fink any1 has:
actuaries use probability and past figures to predict future trends. mainly for insurance, but also in superannuation and financial consultation. We are like fortune tellers who use maths to predict.
Oh...and we earn 6 figure incomes =p
actuaries use probability and past figures to predict future trends. mainly for insurance, but also in superannuation and financial consultation. We are like fortune tellers who use maths to predict.
Oh...and we earn 6 figure incomes =p
SoFTuaRiaL
Active Member
i did, with those links ... o hang, just the first link ....
Rahul
Dead Member
haha those jokes were pretty good actually, but they can be applied to any siutation, not just actuaries.
SoFTuaRiaL
Active Member
yup, most of 'em apply to software engineers too
why do i do this to myself ?
95.50 was last year at UNSW as it happens (for Commerce in general).
As for the mortality rates, those are unrealistic. If the scaling were to be left out, then they'd be more like it. (I really don't see the point - people do badly in the tests, then get their exemptions after scaling. You'd think the IAAust would have developed a more efficient model by now (yes it is the Institute, because they monitor standards of exams, etc. to maintain quality))
Of course, that could just be because I haven't had any need to rely on the scaling thus far, and am not likely to atm either.
Any Ruse ppl in particular, Minai? (speaking as an ex-Ruse student I'm curious - which year, would be a better question)
As for the mortality rates, those are unrealistic. If the scaling were to be left out, then they'd be more like it. (I really don't see the point - people do badly in the tests, then get their exemptions after scaling. You'd think the IAAust would have developed a more efficient model by now (yes it is the Institute, because they monitor standards of exams, etc. to maintain quality))
Of course, that could just be because I haven't had any need to rely on the scaling thus far, and am not likely to atm either.
No, it's there because UNSW doesn't have the heart to fail people - instead they just don't get their exemptions (the problem with leaving statistical specialists in charge - they know how to scale to make sure people who shouldn't get exemptions don't whilst still not failing AND keeping a decent distribution). Otherwise they'd be the same.
Any Ruse ppl in particular, Minai? (speaking as an ex-Ruse student I'm curious - which year, would be a better question)
kaseita
Member
huh?
I thought I was the only one doing those two
and I'm only above average for actl at unsw
I thought I was the only one doing those two
and I'm only above average for actl at unsw
ROFL! I'm just statin' the facts...
Well, I also know Ruse people at MQ who owned 4U and are also ownin' ACST subjects. However, I also know people from Selective Schools who got 95+ in 4U and they're gettin' owned... I know people who owned the HSC and they're strugglin'... it's just that the MQ course is of style which makes life very difficult for those who bludge alot (or whole for semesters).
maniacguy, people don't get all their exemptions at UNSW? And they still stay on?
I don't really know of anyone droppin' out... but I was makin' mental bets on a few people... but they managed to scrap through. But talkin' with friends I don't hang around much... they've been a few (or they just don't seem to at Uni anymore). It'll be more indicative next year when I (Edit: If I ) walk into STAT272 and ACST200.
) walk into STAT272 and ACST200.
SoFTuaRiaL
Active Member
so far, i know of 3 ppl who are droppn out of actl n doing acct instead ... at unsw ....
~Dreamer
Member
actuaries may go on to be succefull with good income, only if theyre doing the course because its their interest, not cause of the oppurtunitites, which is also competitive. in the end they'll be boring buisness managers
SoFTuaRiaL
Active Member
not true mary ... atleast not for actuaries from unsw, they got personality