actuaries??-whats that (1 Viewer)

[Jeo]

Originally posted by Newbie
i still dont know why there is a 70+% mortality rate in the course

because actuarial studies is hard

 

[jm1234567890]

Originally posted by Newbie
i still dont know why there is a 70+% mortality rate in the course
it just puts people off doesnt it?

and boring, but I suppose some people find it interesting

 

[flyin']

Originally posted by Da Monstar
u got it wrong htere .... at unsw, its ~95 for comerce in general. no one has any idea as to how many of them major in actuarial, and what the lowest for actl is ....

~95

Originally posted by jm1234567890
yeah, I thought as much, it seemed strange it would be so different to Mq

Some of my friends who are expecting ~97 are considering Actrial Studies at UNSW since they can't get into Mq

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.

Originally posted by Newbie
i still dont know why there is a 70+% mortality rate in the course
it just puts people off doesnt it?

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).

Originally posted by jm1234567890
and boring, but I suppose some people find it interesting

Well, people would find it borin' if they have no idea what's goin' on.

 

[SoFTuaRiaL]

SOMEONE PLEASE BAN FLYIN' FROM POSTING ANTI-UNSW-ACTL POSTS !!!!!!!!!!

 

[Minai]

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]

Originally posted by Da Monstar
SOMEONE PLEASE BAN FLYIN' FROM POSTING ANTI-UNSW-ACTL POSTS !!!!!!!!!!

YES I WILL!!!...wait i don't have authority to do that but.

 

[-=«MÄLÅÇhïtÊ»=-]

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

 

[SoFTuaRiaL]

Originally posted by -=MLhtʻ=-
ye..and juz to answer freaking out's original questions coz i dun fink any1 has:

i did, with those links ... o hang, just the first link ....

 

[Rahul]

haha those jokes were pretty good actually, but they can be applied to any siutation, not just actuaries.

 

[SoFTuaRiaL]

Originally posted by Rahul
haha those jokes were pretty good actually, but they can be applied to any siutation, not just actuaries.

yup, most of 'em apply to software engineers too
why do i do this to myself ?

 

[maniacguy]

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.

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

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]

huh?
I thought I was the only one doing those two
and I'm only above average for actl at unsw

Originally posted by jm1234567890
arrrrggg everyone is doing actrial studies!!!

all the top students are also doing physics too for some reason...

 

[flyin']

Originally posted by Da Monstar
SOMEONE PLEASE BAN FLYIN' FROM POSTING ANTI-UNSW-ACTL POSTS !!!!!!!!!!

ROFL! I'm just statin' the facts...

Originally posted by Minai
flyin' - ...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

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?

 

[Minai]

Originally posted by maniacguy
Any Ruse ppl in particular, Minai? (speaking as an ex-Ruse student I'm curious - which year, would be a better question)

They're in my year

Originally posted by flyin'
maniacguy, people don't get all their exemptions at UNSW? And they still stay on?

As one person put it, u can stay on and simply pass everything, but at the end of the day, u may as well have not done Actuarial as a major..

 

[flyin']

Originally posted by Minai
As one person put it, u can stay on and simply pass everything, but at the end of the day, u may as well have not done Actuarial as a major..

Because at MQ, people who don't get exemptions usually try again before droppin' out, or that's the impression I get.

 

[Newbie]

how many people have dropped out from your year so far flyin' ?

 

[flyin']

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.

 

[SoFTuaRiaL]

so far, i know of 3 ppl who are droppn out of actl n doing acct instead ... at unsw ....

 

[~Dreamer]

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]

Originally posted by ~Dreamer
in the end they'll be boring buisness managers

not true mary ... atleast not for actuaries from unsw, they got personality