Recent content by BeeCom

I agree with you, I don't think your undergrad would matter at all, although the employment stream you start off may hinder your way into upper management, which is what Mark Joshi mentions about quant analysts/actuaries or w/e studentleader is referring to.

Ok there may be a miscommunication - I'm talking about the many varied positions within investment banking, not specifically quant analyst or anything else. Two grad IB'ers (whether M&A, Corp Fin, Trading, Sales, structuring what ever), one with a major in actuarial studies and the other with a...

Can you clarify why an actuarial major would put someone at a disadvantage versus a finance or accounting major when trying to climb the corporate ladder? I am talking about banking roles btw, not insurance or actual acturial work for an insurance company.

Ok? I don't understand your point then. You said Actuarial Studies wasn't a corporately accredited degree (what ever that means) but now you say it doesn't matter what degree you do in order to climb the corporate ladder (which I was never referring to at any point anyway).

"Corporate accredited degree" - sorry what? I see plenty of actuarial majors getting into banking, and it does give require you to think unlike other business majors. I don't think any particular position discriminates what sort of mathematical discipline you came from when applying for various...

I think people do Actuary for the quantitative skills it provides in order to get into banking. AFAIK it is a 'respected' major that shows you are intelligent if you have reasonable marks. As opposed to say accounting/finance although that's not to say these majors aren't respected.

Accounting > all the fields you mentioned in earning power, and is most definitely the second easiest to study for. Accounting is a great career choice in terms of earning power and the ease of getting a job (usually) although it is mundane at times (re: a lot of the time from the many...

$1500 cash prize for highest mark in FINS3635 (https://my.unsw.edu.au/student/prizes/PrizesAustSchoolofBusiness.html#SchoolofBankingandFinance)

\ brb trollin'

Are you sure HECS people don't just have to pay the full fee amount on their HECS (so not getting the partial subsidy from the government)? What job did you get at DB?

BEco and BComm are changing as of next year (or soonish), with QMB being the only core math subject for Commerce thereafter.

If I could go back, I'd definitely do a double degree - and I'm doing another degree post graduate so it would've been better for me as well! If you're even remotely considering it, do it.

Uni economics is a fairly different to HSC economics. I'm not sure about other uni's. but the BCommerce at UNSW has 2 compulsory economics courses in first year, so you can see if you like it compared to other majors and go from there.

Ok, you short sell one share (current mark price is $45): - You 'borrow' the share, you sell it in the market place at the current price of $45 and receive $45 cash. You have to return the borrowed share in 7 days. 7 days go by. - The share price has dropped to $1. You purchase one share in...

They do? I did it a year ago and we weren't allowed to bring any thing. I suggest you get to memorising