acturial anybody? (2 Viewers)

[lyounamu]

Not quite sure about that...

In terms of pay, law & medicine sound attractive but not my type...

 

[midifile]

It doesn't really compliment each other, or so I've heard from current acst/law students. You'll really be putting one hard degree with another hard degree with equals an even harder degree lol

But with double degrees it expands your knowledge and I guess there's something to fall back on if you don't want to have a career in one of the areas you have completed

Yea see thats what i thought. But my cousin is doing a commerce/liberal studies degree in UNSW and she said that if you want to major in acturarial studies as part of your commerce degree you have to deciede before you start uni, while you can choose other majors at the end of your first year. So the fact that i am not 100% sure if I want to do actuarial studies worries me, because I dont want to have nothing to fall back on if i deciede later that i dont want to do it. Or is it easy to change majors if it comes to that?

 

[risole91]

In terms of pay, law & medicine sound attractive but not my type...

thats not true about the law part.

Law is such a popular degree, good lawyers make good money, but its such a crowded field that many people earn 50 000 a year for most of their life.

 

[pLuvia]

Yea see thats what i thought. But my cousin is doing a commerce/liberal studies degree in UNSW and she said that if you want to major in acturarial studies as part of your commerce degree you have to deciede before you start uni, while you can choose other majors at the end of your first year. So the fact that i am not 100% sure if I want to do actuarial studies worries me, because I dont want to have nothing to fall back on if i deciede later that i dont want to do it. Or is it easy to change majors if it comes to that?

With macq uni, you start your first actuarial subject in the 1st sem, where as unsw starts it in the 2nd sem.

So I guess unsw gives a semester to think about what major you are leaning to, where as macq sort of assumes you are going to continue and major in actuarial studies (hence why you enrol in the specialist degree b.com (acst)), but at UNSW it's just the b.com and what ever major you want to do.

At macq it's relatively easy to transfer between degrees, (apart from law and some other degrees), you just have to keep up with a pass-credit average. You could just enrol in any double degree or even just the single degree b.com(acst) then you can pick up another degree during the year, and since your average should be near if not above the credit average your chances of picking up another degree would be quite likely

At unsw you'll have to go through uac to transfer degrees if they are from other faculties or if it has a higher uai cut off (which is a real pain the ass)

So unless you are like 70% sure you want to be an actuary of some sort later on (this does include the non-trad roles of an actuary) go to unsw, but macq is the place to be for acst!

 

[Trajan]

With macq uni, you start your first actuarial subject in the 1st sem, where as unsw starts it in the 2nd sem.

Yeah...I really hated the fact that at UNSW you didn't get to see anything Actuarial until ACTL1001 in second semester....and also it's a poorly done course IMHO ...worst introduction to Actuarial studies, this course puts a lot of people off.

In retrospect it might have been better going to Macq for ACTL studies.

 

[jake2.0]

1. After the HSC I dont really wanna work THAT hard in uni

Lol, you think HSC is hard? Ask anyone doing well in any degree and you'll see that HSC was a piece of cake.

 

[Trajan]

^ That's right....you'll have to cover so much material in 12-14 weeks

It's still very competitive at uni...if you are aiming to do well.

 

[weiwern28]

UWA, doesn't have the course but alot of B.Math people have became actuaries.

B.Math (stats w/e)/B.Econ and B.Comm for me

Are you already enrolled in UWA because if I remember correctly Curtin recently obtained Part I recognition for their acst degree.

 

[Affinity]

screw actuarial studies degrees.. do maths and take exams externally

 

[pLuvia]

screw actuarial studies degrees.. do maths and take exams externally

lol Affinity I had the impression you were doing actuarial studies with like maths or something

 

[Affinity]

And based on that experience I am advising against actuarial studies.. one might as well do accounting + maths

 

[wickedmookiez]

Is the master of actuarial studies better @ macq uni compared to unsw? why?
The fees is a lot higher at unsw. about $10,000 more. is it worth it?

What about masters of applied finance program @ macq uni. ? Is that a good program to do? its only 1 year.

 

[Affinity]

they are the same shit ... and same as the bachelors program.

finance hmm not sure.. I think it's not that useful, might as well get a job.

 

[gypo king]

i wanted 2 but everybody keeps saying that it has nothing to do with four unit content

 

[pLuvia]

i wanted 2 but everybody keeps saying that it has nothing to do with four unit content

What's that got to do with if you want to do it or not?

 

[schmeichung]

Is actuary really well paid comparing to well paid profession (ie ibank)?
I doubt it.

 

[Affinity]

for grads:
investment banking has bad pay per hour... Investment banking might pay you around 90-100k for 80 hour weeks
actuarial hmm 5x-60k for a 40-50ish hour week. depending on company

gets worse if you factor in taxes.


What are you workign in by the way?

 

[hollyy.]

What is Co-op? Anyone bother to explain?

co-op is a uni bookshop

 

[lyounamu]

co-op is a uni bookshop

Thanks. That was very helpful.

Now I can see the reason why everyone is recommending UNSW over Macquaire. It is because of that bookshop, isn't it?

Higher quality books = better learning = better job = better salary = success in life.

Thanks.

 

[hollyy.]

i want to do actuary...i thought it was only available at macquarie though.
can someone answer this...i do three unit maths and and in the top three, in term four me and one other person started 4 unit maths but both dropped after one term

is this fact that i was unable to cope with a higher maths (but i also think it was the pressure, thus lack of time from all my other subjects) provide an indicator that i am not cut out for actuary?

my teacher said i could still handle the uni course but i dunno??