Title, im looking to do it with commerce or econ at unsw but does the degree have nice job and internship prospects? tbf most degrees are saturated now anyway but is this less saturated than others due to a high entry score?
Is an actuary degree worth it???? (1 Viewer)
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scaryshark09
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its extremely saturated now. used to have like 100 people in each year group at unsw and now they have like 500 people. quality of teaching is going down due to so many students and way more competition now.
also the entry score isn't as high as it seems. Its like 98 but the median atar in the course is like 98.25 so almost half the people got below 98 and some as low as like 88 or 90.
ye that's fair but is there really any valuable degree except med that has 100 ppl going in a cohort, most mainstream degrees like comp sci or diff types of engineering have LSR of 90 at unsw and down to like 80s and 70s in maq and UTS, so relatively is it still worth doing?
wollongong warrior
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Are you actually interested in careers that an actuary degree can open doors to?
Also med is pretty saturated, the job market for doctors isn't strong in australia but there'll always be demand which is a good thing
Also med is pretty saturated, the job market for doctors isn't strong in australia but there'll always be demand which is a good thing
BRO FUCKING EVERYTHING IS SATURATED might have to live off centrelink atp
ye I wanna go into something corporate finance but then again literally so does every one and their grandmother
wollongong warrior
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The only way to beat saturation is to beat your competition
Literally be the 1% of your field so that if anyone is hired, it's you
That's why it's better to go into a degree you're interested in
that's some inspirational shit man
funnytomato
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Depends on what you plan to do afterwards. If you are looking at pricing/actuarial roles at insurance companies then yes I would be say in terms of the effort spent(especially if you continue to do FIAA) and the rewards it may be a bit overrated.
If you check the job openings at insurance companies comparatively there is not as many opportunities and the remuneration is not as lucrative as some may imagine.
That being said I do see a lot of actuarial graduates excelling in other related domains such as data science or quant which is reasonable given the transferable skills. Even the FIAA courses start to introduce more data science content nowadays.
However if you do want to do those fields you could have done that with another degree and without any effort spent on FIAA.
If you check the job openings at insurance companies comparatively there is not as many opportunities and the remuneration is not as lucrative as some may imagine.
That being said I do see a lot of actuarial graduates excelling in other related domains such as data science or quant which is reasonable given the transferable skills. Even the FIAA courses start to introduce more data science content nowadays.
However if you do want to do those fields you could have done that with another degree and without any effort spent on FIAA.
liamkk112
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don't worry about career opportunities too much, if you do well in your degree, do well at your job and the industry isn't completly dead then you'll be fine
if compsci was really that saturated then there wouldn't be that many people doing it, it is obviously a competitive job market depending on what you do but its pretty future proofed and its not like you won't be able to get a job with it if you're good at what you do, just pick what you want
actuary is probably best if you want to get into actual acturial work, although it is related to finance obviously so it could be helpful there. if you want to get into corporate finance though, it might be best to just do a finance degree, though a double can help since it is competitive i guess