Comm-Actuarial (2 Viewers)

[haz_it_all]

wat was last yr's uai cut off for this course? and any1 doin this course culd u tell us the kind of stuff u do, and wat possible jobs are available....ps u must be really lucky 2 do actuarial, i heard it gets MAJOR $$$$

 

[Minai]

It's all the same
Bachelor of Commerce was 95.50 last yr
once u get into that, u can choose your major as Actuarial Studies
its not a different degree, like in Macquarie, where actuary is a specialist degree

 

[kaseita]

well...as far as I know so far, you make mathematical models for financial instruments (e.g. superannuation, insurance, etc) that helps others to optimise their finance and use of resources

OR (well...both I guess ) you become an analyst/advisor and basically give advice to loads of stakeholders (companies, government, individuals).

you've gotta be pretty good to do it (and you have to 'love' maths apparently). had a guest speaker today, and she was saying that there's like 2600 members of the institute of actuaries australia, of which only half or so are active (the rest are students, etc).

hmm...yea...that's all I can think of at the moment.

 

[flyin']

I'm going to a presentation by some Actuarial Professionals next Monday. So I should have some (better) idea of what is an Actuary.

 

[Newbie]

whats the dropout/failure rate? cuz i heard it was like crazy

 

[-=«MÄLÅÇhïtÊ»=-]

it varies depending on who you talk to
but its around 75%

 

[Newbie]

ahhh shit hahaha
that IS crazy!

 

[redslert]

Originally posted by -=MLhtʻ=-
it varies depending on who you talk to
but its around 75%

from your point of view is that from the subject been way too hard or that people are just lazy and not working hard enough??

 

[aspect]

a little from column A, a little from column B

 

[-=«MÄLÅÇhïtÊ»=-]

well i wouldnt know
but me and flyn r in that top 25% atm, so big drop out rate...bring it on!