-
Looking for HSC notes and resources? Check out our Notes & Resources page
bonus points for actuarial studies (1 Viewer)
- Thread starter QuLiT
- Start date
yes but i wouldn't consider it. actuarial studies is an absolutely insane degree by 2nd year, so if your UAI isn't touching on 100, you may have trouble (let alone getting a UAI of <95). also if you do acturial studies you'd want to aim to be in the top 20% of your year so you can get into honours (if you don't, you cannot become a qualified actuary).
usually those who own at actuary are those weird antisocial international students who spent 10 hours a day studying.
usually those who own at actuary are those weird antisocial international students who spent 10 hours a day studying.
hollyy.
stop looking at me swan.
i know unsw does, dunno bout anu.
hollyy.
stop looking at me swan.
you just scared the crap outa me.jas0nt said:
Sammy_blue would know a lot more about this than me (as he does this degree). But from my understanding if you don't get into honors (or was it a minimum credit average?) you have to sit a different set of exams after you've done your degree in order to get accreditation as an actuary.
hollyy.
stop looking at me swan.
dont you have to be a fellow of the institute of actuaries or something?
Well to become an "Actuary" (fully qualified = Fellow of IAA) you have to do three sets of exams (Parts I, II and III).
My understanding of the ANU system (i go to Macq) is that you complete Part I through your normal degree, then to do Part II you have to do honors. Obviously you can complete any or all the Parts outside of Uni through the Institute of Actuaries.
So yea, it's no big deal if you don't get into honors to do your Part II, as you can do that externally whilst working.
Part III is done externally (while working) by everyone, but I think Macq are going to introduce postgraduate courses for this soon (no idea when though).
My understanding of the ANU system (i go to Macq) is that you complete Part I through your normal degree, then to do Part II you have to do honors. Obviously you can complete any or all the Parts outside of Uni through the Institute of Actuaries.
So yea, it's no big deal if you don't get into honors to do your Part II, as you can do that externally whilst working.
Part III is done externally (while working) by everyone, but I think Macq are going to introduce postgraduate courses for this soon (no idea when though).
Sammy-Blue
Member
To clear things up, you DO NOT have to complete honours for part II reqs. it is the fastest way. At ANU this requires a distiction grade (minimum) in the 3000 level compulsory subjects (there are 8 in total, I assume that these each grant exemption from a particular Part I exam).
For those who lack the ability (or motivation) to compete for places in honours (assuming they are limited), there is a masters available provided you achieve above 65% in the final two years. Either way "P's get degrees" doesn't really apply here. Although I actually prefer the masters degree to the honours.
For those who lack the ability (or motivation) to compete for places in honours (assuming they are limited), there is a masters available provided you achieve above 65% in the final two years. Either way "P's get degrees" doesn't really apply here. Although I actually prefer the masters degree to the honours.
Good = ?, you'd want to be look at close to full marks. Also, liking maths has nothing to do with anything. You will stop liking maths after the first maths course you do, I gurantee it (if you don't you either; a) don't speak english, b) have no friends, c) failed)QuLiT said:
Sammy-Blue
Member
They are. The institute has on its website the courses you can take for Part II (i.e. what honours covers) and it is NOT the only option.jas0nt said:what do you know about actuarial studies? i think having half my mates in their third year of the degree, i'd know a little more about it than someone who's yet to finish their HSC.
Actuarial studies really isn't that insane as most ppl make it sound. it requires a lot more effort than other commerce subjects but the standards to get part I exemptions from what i've experienced seems to be set pretty low.
In my opinion, if you're good at maths and want to make lots of money, then do actl studies. if u're passionate about maths, then srsly, u would really be better off just doing maths. the "maths" taught is actl not only lacks rigor but chucks of it are incomplete, which can make it really frustrating sometimes. most of the time, u're simply learning how to apply formulas rather than doing real maths.
In my opinion, if you're good at maths and want to make lots of money, then do actl studies. if u're passionate about maths, then srsly, u would really be better off just doing maths. the "maths" taught is actl not only lacks rigor but chucks of it are incomplete, which can make it really frustrating sometimes. most of the time, u're simply learning how to apply formulas rather than doing real maths.