theloorloor
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what jobs does actuarial studies lead me to in commerce UNSW?
what jobs does actuarial studies lead me to in commerce UNSW? (1 Viewer)
- Thread starter theloorloor
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Omnipotence
Kendrick Lamar
Working in the bank, forecasting and predicting premiums/mortgages and etc.
Dr_Fresh
U MAD??
i know a guy who finished B Actuarial Studies. hes been unemployed for 3 years.
Hermes1
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lol. r u trollin again.
Dr_Fresh
U MAD??
no. the need for actuaries is quite low compared to the numbers unis are pumping out these days. u really have to be at the top of your course to have a good chance of employment ie. getting D/HDs. if ur getting mostly C's then its nearly impossible for you to get interviews since they choose interviewees purely on grades.
Hermes1
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well oobviously no ones going to hire you if they could hire someone with higher grades. demand is going up for actuaries though.
Dr_Fresh
U MAD??
exactly. so if u get mostly credits ur pretty much fucked and just went to uni for 5 years for something u cant even use for toilet paper.
theloorloor
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its 3 years mate
Dr_Fresh
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not for combined its not. i was referring to hermes1's current situation
muzeikchun852
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well. the engineering is in low demand (according someone I know works in the industry for over 20 years) and people still go and study engineering. your friend might be unemployment because s/he studied actuarial before the industry boom. bad luck for him/her.
Hermes1
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this. i mean actuaries have to be very valuable for companies for what they do. however dr fresh is right that there arent that many slots opened each year. but if u do well u can get a job quite easily.
hungwell1337
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I would not be surprised, if this person only say, passed etc. in actuarial, realistically you need your exemptions, and since there is a bell curve which allows 1/2 of the cohort to receive the exemption, lots of people miss them. there are many delusional people in the course right now, who believe passing actuarial will make them top shit and employers will bow at their feet, and those who know the harsh reality, but encourage this type of thinking as more scrubs in the course means better marks for others
that is true, though Ds might not even be enough. I have all D's in actl, i am not going to get any kind of actuarial internship this summer, there is like 10 spots in sydney
demand really isnt, in fact actuarial salaries have fallen
Garygaz
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engineering is not in low demand. i can guarantee you that it is the exact opposite, kids finishing their degrees getting flights paid for and accommodation at a mine in QLD getting 150k+ first year. elec engineering as well, a friend got intern work with credit average from unsw getting $40 an hour 5 days a week during summer holidays (2nd year).
muzeikchun852
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that's industry boom. obviously those mining job is going to be in demand at the moment. but the question is whether this boom will continue for the next 10, 20, 30 years of working life. also, comparatively, depends on what field are you working on, the environment where mining engineer work is relatively harsh, compare to office work for actuarial.
but industry like civil, computer, even electrical has already had their boom and by the time we (as in '11er) finish our degree in 3-5 years, we will probably be unemployed. whether the demand is high at the moment doesn't really concern us as 11'er, but predicting the next few years' or so will.
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Lolsmith
kill all boomers
hahahahahahhahahahahahhahaha
Computers have peaked
ahahshahhahshashbalivhalsivdab;sd
are you fucking kidding me
Computers have peaked
ahahshahhahshashbalivhalsivdab;sd
are you fucking kidding me
Lolsmith
kill all boomers
You had *some* degree of truth to the first part of your post
Then you said civil, computer and electrical engineers will be unemployable because their skills will be out of demand
My god who have you been talking to
Then you said civil, computer and electrical engineers will be unemployable because their skills will be out of demand
My god who have you been talking to
My parents are both actuaries. My dad works for a bank in mgt, doesn't really do actuarial work anymore, my mum works for a life insurance company doing valuation work. It pays well. There is a legislation requirement for actuaries in life insurance to value the liabilities. It's technical work with computer models. Otherwise you can get into mgt. You can also work for merchant banks or the stock exchange.