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Yeh 5th year actuarial student at UNSW here agrees with dvse - the maths you'll learn is some basic first year calculus and algebra, and you learn mostly about probability and statistics concepts, but not in the kind of depth you'd get doing a maths degree. There's no difference between...

Hey milkyways I'm doing the actuarial co-op as well, have you heard anything from the co-op office since you got accepted into unsw? I can't yet get to the scholar's agreement and have not heard anything from the co-op office.

Hey for our courses (in particular MATH1151 for me) is it a good idea to have the two tutorials straight after two of the lectures each week? I thought it might be so what i just learnt would be fresh in my head and stuff.

while u cant do econometrics and actuarial studies under a single b com, u can do most of the subjects anyway in business economics or financial economics right? I'm doing actuarial next year as well and was thinking of combining it with financial economics.

Gees how many science guys are here, where are the commerce people? I myself will be doing the Actuarial Studies co-op next year.

Actually one of the requirements is to get above 95.7, my friend rang up and told them his UAI, which was 95.65 and they said since it was so close they would consider him, but he rejected the offer anyway.

To answer your questions quickly, (respectively) measure risk, sometimes long, good, quite low so you may be trying for a while. I could expand but seriously if you're asking these questions now...

yeh nice uraleech, i also got a conditional offer for actuarial studies, pretty stoked really, so fingers crossed for UAI.

considering tv, will read over stuff (world trade agreement crap) tomoro morning

A quick question: who are Australia's major trading partners, a similar question was in the CSSA paper.

lol, 9000 - 10000 ppl up for nterviews would mean that 1 out of 7 peaople who applied for university in nsw (70000+ uni applicatants) got an interview for the co-op program.

Well basically because of the weightings, it shows the impact of a depreciation or appreciation on australia's trading activities. So if the TWI declines I'll just say the $A has depreciated. I saw a question involving movements in the TWI in the short answers for the 2003 HSC.

The capital and financial account records the debt and equity activities over the past 12 months, where as net foreign liabilities is accumulated over all time. Every capital and financial account surplus we get is adding onto our net foreign liabilities.

Lets not forget prices and incomes policies.

Does a decline in the trade weighted index indicated that the AUstralian dollar has appreciated against the basket of currencies? Or does it mean that the Australian dollar has appreciated?

Hmmmm ok, well thanks for the encouragement.

perhaps 1000, but eve then thats dicey considering 660 ppl applied in the first place, and not everyone gets more than one interview.

Oh I got the interview rescheduled so it's all OK now. But yeh I realise the monetary worth of the scholarship, however I was unsuccessful with accounting cadetships so I assumed I might not have much a chance at actuarial studies (although I am much less enthusiastic about accounting than...

Well I would have picked schoolies under pressure from parents as it's a cruise and to cancel it would mean losing a lot of money. See the problem is how are we to know our chances in getting a co-op, obviously if i knew i was going to get the co-op I would pick it over schoolies in an instant...

You can add to that and talk about the foreign debt - CAD spiral where after an initial increase in foreign debt, the CAD will increase. Then the ec. will be forced to pay for that CAD by borrow more from foreigners which leads to even more foreign debt and again increases the CAD and so forth...