What exactly are Actuarial Studies? (1 Viewer)

[mudcake42]

What are actuarial studies ???

I know that they have something to do with mathematics and money but thats about it!

 

[chucknthem]

http://en.wikipedia.org/wiki/Actuary

 

[poisonives]

What are actuarial studies ???

I know that they have something to do with mathematics and money but thats about it!

my sister is an actuary mel

it requires a lot of brains i gather, and perseverance (its quite boring)

though the remuneration is apparently really good. i wouldn't recommend it, just from seeing my sister so tired and busy all the time
xxxxxxxxxxoooooo

 

[RIZAL]

What are actuarial studies ???

 

[wrong_turn]

its based on probability and statistics and finance.

which is pretty much most of comemrce and economics.

haha to the OP, yeh and so does every major program at uni....money and mathematics

 

[Studentleader]

"Long term risk analysis"

It may be considered the bachelor's degree of spending the next 10 years of your life studying for the actual exams.

 

[hollyy.]

fingers crossed i get into it at macquarie

its so annoying when ppl ask me what i want to do next yr and i say actuarial studies because 99% of ppl dont know what it is, so in the end i gave up explaining and just say accounting

 

[ganj3]

fingers crossed i get into it at macquarie

its so annoying when ppl ask me what i want to do next yr and i say actuarial studies because 99% of ppl dont know what it is, so in the end i gave up explaining and just say accounting

Lol thats exactly what I do. I dont bother saying Actuarial Studies coz I know they'll ask me what that is so I just say I want to do Engineering.

Same I'm hoping I get into Macquarie. Do you think it will be easier getting a place for next year as compared to previous years? Im from Perth and have no idea what uni admissions in the eastern states are like

 

[pLuvia]

The cut offs for acst at macq have dropped since I went in, it's currently at 95 and I think itll probably hover around that area for a while

 

[RIZAL]

The cut offs for acst at macq have dropped since I went in, it's currently at 95 and I think itll probably hover around that area for a while

I agree. I doubt it will move much this year.


pLuvia, nice membership status. Now give me the 3rd and fourth moments of the poisson distribution, along with the coefficient of skewness.

 

[§eraphim]

See your actuarial formula book. What do you guys think of the ASA qualification?

 

[RIZAL]

See your actuarial formula book. What do you guys think of the ASA qualification?

Haven't heard of the ASA qualification...enlighten me?

 

[§eraphim]

Haven't heard of the ASA qualification...enlighten me?

Associate of the Society of Actuaries (US). This represents life/pension actuaries. They also have the Casualty Actuarial Society for general insurance actuaries. However, both societies share the same qualification process.

 

[velox]

Associate of the Society of Actuaries (US). This represents life/pension actuaries. They also have the Casualty Actuarial Society for general insurance actuaries. However, both societies share the same qualification process.

Aren't you happy with your academic qualifications? Trading is hardly the place I would expect for one who would want to further their academic studies.

 

[Studentleader]

Aren't you happy with your academic qualifications?

I'd love to see an actuary who has finished all his exams unsatisfied.

 

[BackCountrySnow]

I'd love to see an actuary who has finished all his exams unsatisfied.

Why would that be rare?
What about the kids who get pushed into it by their parents.

 

[jake2.0]

Why would that be rare?

Cause its a pain in the arse to get all 3 parts.

What about the kids who get pushed into it by their parents.

Maybe the parents pushed him/her into the uni course but I highly doubt the parents would have any say into postgraduate studies, in Australia anyway.

 

[velox]

I'd love to see an actuary who has finished all his exams unsatisfied.

It's best to say nothing at all rather than to say something stupid. Go talk to some medical specialists. Many are unsatisfied, and they have studied for far more years than actuaries.

 

[jb_nc]

It's best to say nothing at all rather than to say something stupid. Go talk to some medical specialists. Many are unsatisfied, and they have studied for far more years than actuaries.

Haha, there was some letter in the paper today about this comparing actuarial exams versus specialist college exams.

 

[Studentleader]

Why would that be rare?
What about the kids who get pushed into it by their parents.

They would be like 30ish when they "finish"

I pity whoever is getting hothoused in their 20s.