How hard is Actuarial Studies (1 Viewer)

[§eraphim]

CT7 have always existed.

CT2
It's not like actuaries will get lower than 65% for accounting... OR Business Finance....
Both of which are considered as WAM boosters.

redslert, you missed the point completely. It means Actuarial Studies students no longer have to do Micro 2 or Accounting 2B.

Thanks for the update, I, Robot.

Even though I'm not doing it at uni (I'm taking the exams) I think its a good thing as you get more exemptions for your courses which will probably enhance the attractiveness of the Actuarial Studies program to prospective students.

Also, you will have more electives to choose from and you can now avoid doing Accounting 2B which is shit for your WAM.

The fact that the Institute has changed its policy reflects well on the high standard of the courses available at UNSW, so I don't believe it's dumbing down at all. It also brings the undergrad actuarial exemption subjects in line with their postgrad equivalents where CT2 and CT7 are only 1 6uoc subject each.

At least now you have a choice whether you would like to do more in those areas (microeconomics and financial accounting).

To all those actuarial studies/maths students, I hope this will encourage you to pursue more mathematics subjects and hopefully do honours.

 

[GaNeSh]

nobody listen to what "Constip8edSkunk" says - he hates chelsea and is therefore evil. U obviously support the roosters, i wander how many times they are ova the salary cap.
By the way actuarial is for the people who did 4u maths and still wanted more.

 

[Raginsheep]

Is there any place we can find out more infomation about the exemption changes?

 

[redslert]

By the way actuarial is for the people who did 4u maths and still wanted more.

Do not be discouraged if you didn't do 4u maths. There are students with HD averages who only did 3unit.....but they work very hard.

 

[Rach_10]

If someone got say, 78 in 4unit maths, do you think that they would cope with actuarial studies, provided they worked hard?

 

[redruM]

If someone got say, 78 in 4unit maths, do you think that they would cope with actuarial studies, provided they worked hard?

If you work hard enough, there isn't much that should be out of your reach. Be honest, how hard did you work to get your 78? Doing 4u, you generally are bright enough to give it a go. If 78 is your "best", then I think you will find actuarial difficult.

 

[t-i-m-m-y]

Do not be discouraged if you didn't do 4u maths. There are students with HD averages who only did 3unit.....but they work very hard.

Agreed. Actuarial is more about hard work than anything else. Yes, a bit of talent and intelligence helps along the way, but even the smart ones still have to work hard.

 

[meyero]

2002 is hard

 

[Raginsheep]

What a trival post.

Im bored already.

 

[Affinity]

we're all embarrassed

 

[redslert]

True

 

[haque]

Actuarial is soft mathematics, i assure you.

So is it the other commerce aspets of actuarial that makes it dificult? what type of q do u start on, is it like other maths courses where ur learning all aspects of maths(differential equations, real analysis etc etc) or is the maths more specialised to certain aspects?

 

[haque]

I was just joking Actuarial is anal rape, it's been pretty well described here if you stick to your guns and are ranked well hope for scaling and you may be lucky.

What i posted was a quote my dear old friend Dr. Tacon used to say.

He will be missed, in any case...

LOL, i thought u were joking but i wasn't sure-so as a first year student is there any more specific info u could give me like what type of maths u guys do eg maths in general or specialised in certain aspects and where could i buy or get my hands on books or tutorials that would help.

 

[Supra]

Haque dont worryabout taht now..unless u have finished ur hsc exams. At Macquarie, the only pure maths subjects u do are 132 and 133, both in first year. Although you dont escape all that applied maths because of the multitute of ACST and STAT units...the maths isnt easy, its different to what u do in high school.

Heres the 133 site full of notes if ur bored:
http://www.maths.mq.edu.au/undergraduate/math133.html

But if i were you, and u had just finished hsc, id say to enjoy ur holidays, go to schoolies or watever, theres really no point you worrying about this.

As I keep saying on this forum:
Ive tried actuarial, it wasnt for me...

If you have a genuine interest in it AND think u have the committment (lots needed) to get through three or four gruelling years of actuarial, go to MQ

If not, go to UNSW, try it out, if u stuff up uve got awesome degrees there to fall back on, at MQ ur not in as good a situation if you stuff up.

 

[haque]

Thanx supra-yea i will relax-only got chem left but i'm sick of studying-i was just interested cos i've been getting conflicting opinions from family friends-some saying that the maths is easier others saying its unbelievable etc etc-so i just wanted to have a look for myself-thanx again supra.

 

[T.Goodhew]

The Mathematics is not disimilar to Higher mathematics 1A & 1B it is taught in a different order with more emphasis on those sections that relate to Actuarial Studies... also you will use MATLAB a statistic package instead of MAPLE the one used in standard first year maths courses.

So if you comparing think of it as a slight notch above Higher Maths but we don't focus on sections like applications to engineering etc. coz obviously we're doing actuarial.

 

[Supra]

The Mathematics is not disimilar to Higher mathematics 1A & 1B it is taught in a different order with more emphasis on those sections that relate to Actuarial Studies... also you will use MATLAB a statistic package instead of MAPLE the one used in standard first year maths courses.

So if you comparing think of it as a slight notch above Higher Maths but we don't focus on sections like applications to engineering etc. coz obviously we're doing actuarial.

nsw is quite different, i heard you guys have more maths upfront in first year or so. We use Minitab for stats in first year, ecstat/shazam for econometrics units...I think employers would like you to know SAS or something like that, which u would only see in later stat units.

 

[blackfriday]

The Mathematics is not disimilar to Higher mathematics 1A & 1B it is taught in a different order with more emphasis on those sections that relate to Actuarial Studies... also you will use MATLAB a statistic package instead of MAPLE the one used in standard first year maths courses.

So if you comparing think of it as a slight notch above Higher Maths but we don't focus on sections like applications to engineering etc. coz obviously we're doing actuarial.

i did math1151 first sem and math1241 this sem, and theres a huge difference between the 51 and 41 level. actuary is far harder, higher maths is full of dumbasses (like me) trying to inflate their marks because of the scaling.

next year math2881 (quantitative risk) is a specialist sas course, which apparently helps with job prospects.

 

[velox]

You really are a tosser blackfriday. Get 95+ and then say that higher maths is full of dumbarses

 

[redslert]

i did math1151 first sem and math1241 this sem, and theres a huge difference between the 51 and 41 level. actuary is far harder, higher maths is full of dumbasses (like me) trying to inflate their marks because of the scaling.

next year math2881 (quantitative risk) is a specialist sas course, which apparently helps with job prospects.

Not many people do well in the SAS course, it may seem easy but marks are not easier come by as usual.