• Congratulations to the Class of 2024 on your results!
    Let us know how you went here
    Got a question about your uni preferences? Ask us here

How hard is Actuarial Studies (1 Viewer)

blackfriday

Pezzonovante
Joined
Sep 2, 2004
Messages
1,490
Location
in ya mum!
Gender
Undisclosed
HSC
2005
velox said:
You really are a tosser blackfriday. Get 95+ and then say that higher maths is full of dumbarses
well me and my mates, we're just there to take our hyper-inflated distinctions from doing jack all and failing all the tute quizzes.
 

Raginsheep

Active Member
Joined
Jun 14, 2004
Messages
1,227
Gender
Male
HSC
2005
If your doing maths, you could always sub 2002 with the two maths equivalents instead.
 

ngai

Member
Joined
Mar 24, 2004
Messages
223
Gender
Male
HSC
2004
ftr11 said:
omgosh
...



why is sachi teaching ACTL2002?!?! we're all gonna die nxt yr!!! and he is not teaching ACTL1001 >_< next year...

and how do other people rate the other lecturers? do they set crazy tests like sachi...:(
lol sachi sets hard tests, but he's a good lecturer

theres no sherris on that list? :O

and yes some lecturers set hard tests like sachi...judging on our test last friday, u wont enjoy sem 2 ;)
 

Affinity

Active Member
Joined
Jun 9, 2003
Messages
2,062
Location
Oslo
Gender
Undisclosed
HSC
2003
depending on who one is, actuarial can be hard for different reasons.
There are those who have shaky maths background and have no clue of whats going on.
And then, there are those who find it trivial in the first year and turned apathetic.
 

ace

is retired
Joined
Oct 25, 2002
Messages
564
Location
Australia
Gender
Male
HSC
2003
Affinity said:
depending on who one is, actuarial can be hard for different reasons.
Heh, don't worry aspiring actuaries, actuarial is hard you just need to find your niche of hardness and pray you don't encounter it :)

Apologies in advance if this encites a flame war :p
 

blackfriday

Pezzonovante
Joined
Sep 2, 2004
Messages
1,490
Location
in ya mum!
Gender
Undisclosed
HSC
2005
if you enjoy reading a table and applying stat formulas to them then actuary may be your thing. but of course, this is a highly simplistic view of actuary. you should also look at doing the quantitative risk program if you want something a little heavier on stats.
 

Weimin

New Member
Joined
Jan 6, 2005
Messages
3
Gender
Male
HSC
2005
Raginsheep said:
If your doing maths, you could always sub 2002 with the two maths equivalents instead.
You could do the opposite if you have a high WAM and a nice Math Head of Faculty, like Tenerry( or Tennery?)
 

alanbrucelee

New Member
Joined
Jan 7, 2009
Messages
3
Location
Sefton
Gender
Male
HSC
2006
ACTL/FINS @ UNSW 3rd year in 09. class of '06.

I'm gonna say something different regarding Ext II and ACTL. Ext II has a rather non-actuarial related syllabus (conics, mechanics, volumes etc) and is significantly easier (considering the time span to content ratio and raw difficulty). As a sole indicator, it is rather unreliable, considering Ext II is just doing past papers (although uni sorta tends to be like this).

What should be considered, will be how dedicated to study you will be over the next 3-4 years (although the 'hecticness' begins in 3rd year). There has to be a motivation other than cash, such as a genuine interest in the science or even interest in the challenge itself (I chose the latter). This may sound cocky, but I've attended 5 ACTL lectures in the past 2 years, and have got all my exemptions so far (barring CT7 Economics). However, it is the study at home that is most important. Followed by how lucky you are with your tutor. Not to mention any names. Bill W, B Wise. 17/100 class average.

As for mark distributions, they are just like the HSC (based purely on rank). I've forgotten where I heard/read this, but from what I know, they basically set aside a number of exemptions given, mere passes, and fails. They then rank the students based on their raw exam marks. Draw cutoff lines and the appropriate ranks, and distribute the grades from there. (Note: Can someone confirm this?) From past experience, they give half the students exemptions. So you essentially just have to get over the mean mark to attain it. Btw, this is not as easy as it seems. In the HSC, you may have been the big fish; but in the ACTL pool, basically everyone is a 95+, with the same desire to get exemptions.

Feel free to argue. I've written this much, surely I'll get flame back.
 

Pwnage101

Moderator
Joined
May 3, 2008
Messages
1,408
Location
in Pursuit of Happiness.
Gender
Undisclosed
HSC
N/A
alanbrucelee said:
ACTL/FINS @ UNSW 3rd year in 09. class of '06.

I'm gonna say something different regarding Ext II and ACTL. Ext II has a rather non-actuarial related syllabus (conics, mechanics, volumes etc) and is significantly easier (considering the time span to content ratio and raw difficulty). As a sole indicator, it is rather unreliable, considering Ext II is just doing past papers (although uni sorta tends to be like this).

What should be considered, will be how dedicated to study you will be over the next 3-4 years (although the 'hecticness' begins in 3rd year). There has to be a motivation other than cash, such as a genuine interest in the science or even interest in the challenge itself (I chose the latter). This may sound cocky, but I've attended 5 ACTL lectures in the past 2 years, and have got all my exemptions so far (barring CT7 Economics). However, it is the study at home that is most important. Followed by how lucky you are with your tutor. Not to mention any names. Bill W, B Wise. 17/100 class average.

As for mark distributions, they are just like the HSC (based purely on rank). I've forgotten where I heard/read this, but from what I know, they basically set aside a number of exemptions given, mere passes, and fails. They then rank the students based on their raw exam marks. Draw cutoff lines and the appropriate ranks, and distribute the grades from there. (Note: Can someone confirm this?) From past experience, they give half the students exemptions. So you essentially just have to get over the mean mark to attain it. Btw, this is not as easy as it seems. In the HSC, you may have been the big fish; but in the ACTL pool, basically everyone is a 95+, with the same desire to get exemptions.

Feel free to argue. I've written this much, surely I'll get flame back.
thx for your post!
 

ValentinesM

Member
Joined
Apr 13, 2007
Messages
103
Gender
Female
HSC
2009
actl/fins @ unsw 3rd year in 09. Class of '06.

I'm gonna say something different regarding ext ii and actl. Ext ii has a rather non-actuarial related syllabus (conics, mechanics, volumes etc) and is significantly easier (considering the time span to content ratio and raw difficulty). As a sole indicator, it is rather unreliable, considering ext ii is just doing past papers (although uni sorta tends to be like this).

What should be considered, will be how dedicated to study you will be over the next 3-4 years (although the 'hecticness' begins in 3rd year). There has to be a motivation other than cash, such as a genuine interest in the science or even interest in the challenge itself (i chose the latter). This may sound cocky, but i've attended 5 actl lectures in the past 2 years, and have got all my exemptions so far (barring ct7 economics). However, it is the study at home that is most important. Followed by how lucky you are with your tutor. Not to mention any names. Bill w, b wise. 17/100 class average.

As for mark distributions, they are just like the hsc (based purely on rank). I've forgotten where i heard/read this, but from what i know, they basically set aside a number of exemptions given, mere passes, and fails. They then rank the students based on their raw exam marks. Draw cutoff lines and the appropriate ranks, and distribute the grades from there. (note: Can someone confirm this?) from past experience, they give half the students exemptions. So you essentially just have to get over the mean mark to attain it. Btw, this is not as easy as it seems. In the hsc, you may have been the big fish; but in the actl pool, basically everyone is a 95+, with the same desire to get exemptions.

Feel free to argue. I've written this much, surely i'll get flame back.
thank you!!
 

dvse

Member
Joined
Aug 16, 2002
Messages
206
Gender
Undisclosed
HSC
N/A
Feel free to argue. I've written this much, surely I'll get flame back.
What you are saying is true enough. Another reason why it is "difficult" is that the whole degree is suspended in mid-air. It's not really possible to appreciate the underlying mathematics because you are only taught applications nor is it possible to get a feel for mathematical modelling because there are no realistic examples at all in any of the courses.

In the end, you have people who are capable of little else than plugging numbers into formulas or following simple procedures.
 

joecarling

New Member
Joined
Apr 15, 2007
Messages
14
Gender
Male
HSC
2010
Guys, dont even consider doing this. you'll end up having no fun in your life
 

whoisurdaddy

Member
Joined
Dec 5, 2007
Messages
256
Gender
Male
HSC
2008
Im in my 2nd year of my BComm/Eco but I'm kinda thinking of starting an actuarial major first sem of 3rd year.. recommendations?
 

kooltrainer

New Member
Joined
Jun 17, 2006
Messages
659
Gender
Male
HSC
2008
MAN reading all this make acturial sound so compatible with engineering... ima do it.. : D

both involve statistical modelling in real life situations.
 

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top