Actuarial (1 Viewer)

[beebeez]

hey just wondering what this course is about...

heard that its alot of maths but is anyone here actually doing it???

 

[timbk2]

i've got friends doing it at Macquarie.
its 100000 x MORE than maths.

its a hell of alot of work and its only recommended to those who cant get enough of it.
If your into it, then good, cause the benefits u get out of it in the end are enormous.

 

[tactic]

all i know is that you get paid HEAPS after

 

[Alex]

Im averaging about 75% in 2u maths. I think ill let some people have a go at being actuaries as you know, someone has to do the dirty work

 

[PSsylockE]

i think you got to be good at probability, cos its to do with life insurance, investments,,,,, the probability sum1 will die,, i think ,, and stuff like that.

Also they recommend that u should be doin good in 4 unit maths
or extremely well in ext 1.

but anywayz u get paid a shitload of money,
thats why im interested in it

 

[beebeez]

Yeah thats what i heard as well....
tones of money and heaps of maths

but really i think that if i'm going into it it'll probably be the money.....

as if i want to stuck with maths all my life.....

but what mark do u need to get in 3u and 4u??

i did so shit in my 4 u last assessment....

 

[Minai]

they dun realli say wat "mark"
but generally, all actuary courses have a cut off of at least 96, and have Subject Pre-requisities for Mathematics Extension 1 or 2
although its usually recommended u do 4U

I guess....if u like seeing, dreaming and breathing numbers, this is the course for u

 

[beebeez]

yeah...i think i'll just go for accounting...

its more comfortable for me...=)

 

[Alex]

hmmm, I guess no one really caught on to my sarcas ay

 

[staree]

Both my sisters are actuaries now..... they describe it as similar to accounting only u get paid a lot more.
It takes years to get your license and when u graduate from uni it won't be over. You'll still need to do exams and pay lots to do them in order to get your license. But yea, life insurance, statistics, and stuff like that are involved.
Not for the faint hearted.
The money is pretty good tho i must agree.
If you are really good with numbers then go for it, but try looking into the job description a lot more.

 

[beebeez]

thanks pplz....

anyone knows how much u get paid as an auditor??

just wondering if its a good job or not....

but seems like a pretty boring job....just do all day with the numbers.....

 

[Morgues]

you gotta enjoy maths
i wouldnt recommend picking it for the money as chances are you wont survive through the course to get to the job

 

[beebeez]

hey can u all tell me how much u get paid for Actuary??

by the way with finance stuff ppl say u need to avg distinctions to get a good job..is that true???????

 

[tactic]

yes its true.. i read an article on employment of uni students... and if you just pass everything employeers dont like you that much.

 

[staree]

My Actuary sister says......

"when you first qualify you get about $90K p.a. and it goes up from there depending on where you work. You will get about up to $300K at the top of each actuarial company. But you have to keep in mind that some people qualify after 2 years out of uni and others take ten years or more or never."

hope it helps...

@Maths people

 

[beebeez]

Thanks alot!!

I have no idea about all these stuff...

i mean some people keep on telling me how hard and others say its pretty okay...so i am like what the hell???

but thanks anywayz!!

 

[Feynman]

Need to be good at maths I fink

 

[OMGITzJustin]

wow.. 2002 thread, I wonder what all those people up there are doing these days

 

[seventhroot]

wow.. 2002 thread, I wonder what all those people up there are doing these days

I always think that too. It would be nice if sometime they could come back and give a quick update