Help a noob actuarial wannabe! (1 Viewer)

[toknblackguy]

Help!

hey
i want the simplistic version of what an actuary does
i was considering doing it at maq,
but in essence, i dunno what it's like

1) what's the job like
2) how long is the course
3) what are the prerequisites and uai required
4) wha sortta pay am i looking at
5) do i combine it with other degrees?

cheers

 

[CloudStrife]

hey jason ? its ken from baulko
i'm thinkin of actuary too! heheh

this may help u... and correct me if i'm wrong ...i'm kinda n00b too...
single degree is 3 yrs?
doubles are mainly 4-5yrs?
and i think with law its 5-6yrs?

Originally posted by redslert

B Com - Actuarial Studies 96.80
B Com - Actuarial Studies B Economics 98.70
B Com - Actuarial Studies LLB 99.10
B Com - Actuarial Studies B Sc in Comp 99.00
B Com - Actuarial Studies B Sc in Maths 98.05
B Com - Actuarial Studies B Sc in Stats 98.60
B Applied Fin B Com - Actuarial Studies 98.05

Originally posted by flyin'


What kind of maths do you do mainly?
I love maths but stuff like compound interest bores me, is it mostly this type of maths?
Currently, in first year (because that's all I can really assert) ...
ACST151: A range of maths ... based around financial payments ... which is conceptually similar to compound interest ... However, the difference is ... there is a wider variety of maths ... and it INTERESTING (well, I'm findin' it interesting)!
STAT171: Probability ... and statistics ...

What kind of salary would an acutary make on average?
(i'm talking very rough figures), i know it's a high paying job, but just how high?
Figures vary ... depending mainly on country! If your in Australia, once you attain full qualifications, you can expect 80K plus ...
If your in the State, alot more ... and less tax for that matter!

What kind of demand is there for actuaries? i.e. how hard is it to find a job upon completion of the course?
Well, if you manage to make it through the course, and you have some social skills ... It would be hard not to be able to chose your own company ... instead of findin' one ...

I hope this helps ... I might type more, if I have more time!

 

[toknblackguy]

sup ken
thanks for the requote!

 

[toknblackguy]

out of curiosity flyin
how much more in the states?

 

[redslert]

why does everyone wanna do actuary!

arrrr
people are just in it for the money....and end up dropping out
while people like me who has always wanted to do it since yr10 and have been researching since then...goes to a crap school and doesn't get the required uai because of all the pepz wanting to do it miss out...
not fair!

 

[freaking_out]

if u wanna know what actuaries is abt. c the other thread.

 

[toknblackguy]

hey redslert
what grade are you in now?

 

[redslert]

im doin hsc 2003

 

[Supra]

lol me 2 i been researchin it like since i was in yr 10...i hope i get in for 2005,by that time the frikn cut offs will have gone up

 

[toknblackguy]

well good luck to all of us
but just remember - if we don't get in, there's plenty of alternatives, so best we can do is study hard now - then RELAX~!

 

[Rahul]

lol, yes me as well...

if you want alternatives, there was a huge thread, should be there from a week or so ago..

 

[CloudStrife]

thats wat makes these forums so useful...heheh
thanks heaps dude!

 

[Lexicographer]

Flyin you should edit the title of this thread, I was all ready to come in and have fun with noobs...

Change it to something mentioning actuaries so more people will know what they're getting and open it.

 

[-=«MÄLÅÇhïtÊ»=-]

ye errr..
it says actuarial bcoz i changed it =p