Ok... got 13 A1s for my SPM, I'm applying for JPA and bank negara scholarship for Actuarial Science. Bank Negara offer 4 countries of choice to do Actuarial Science : UK, US, Australia and Malaysia... So which country should I apply for? Advice plz...

I would choose UK....they have good schools, city, heriot-watt, LSE etc.

But then again, there are good schools in the States too, michigan-ann arbor and wisconsin madison to name a few.

I reckon that it is easier to get a place in the UK if you have the necessary grades, an insightful personal statement and a good recommendation letter.

just as a reminder, JPA and bank negara scholarships require you to sign a long term bond.

the bond don't scares me.

why? did u get a scholarship from one of them?

hehehe.... no lah.... i'm just not afraid of the bond. it can secure me a job right after graduating. i know the gaji will be little... but its better than no job at all.

Havoc Knightmare, don't u have to study a-lvls b4 studying AS overseas? y apply for JPA scholarships so fast?

wow a brightest star of math genius..

but a tipping of life is always improving your english too..it too importance.

Is that a display of sarcasm?

Haha, I think you've just come out from your cave!

Mind asking if you have substantial financial background to cover your studies? I would assume a no since you're so into those scholarships even though there are bonds of maybe at least 3 years.

Have you ever heard of any unemployed qualified actuarist or semi-qualified actuarist? You think the job prospect for actuarist is limited? Yes it maybe, since nowadays all those 'cats and dogs' are flocking to study Actuarial Science. But if you could get yourself, like 4 exams passed upon graduation or even before graduation, then why bother about the probability of getting a job? Then, you would only worry about which company to apply to.

And you know why professionals such as doctors and actuarists have high wage rates? Because they are meant to have high wage rates. Number of professional qualified doctors and actuarists are always kept in a supervised proportion such that the demand for them is kept optimum. Your willingness to accept low pay may just...erm...I don't know how to put it in words. Just that I think that you need to do more research on AS before thinking of taking them. Don't ever thinking of taking them just because you get some pathetic A's in your pathetic SPM, or because you're interested in Maths. AS is simply more than those.

If you've got JPA, then bless you. 4 years thereafter, you'll be back to serve unlike a typical actuarist as you would be if you continue your studies(for further exams) and working in countries which have far more established field for actuarist. Here I simply don't see any significance between having actuarist and not having actuarist. There may be some difference between them, but I don't see much.

actually malaysia is moving towards the kind of framework where actuaries are needed. Life insurance companies need to have at least one actuary, that has already been the rule quite some time ago. I think they have also imposed this requirement on general insurers recently, not very sure though. Btw. there has not been any major solvency issues for insurance companies in malaysia due to tariffs/regulation, thats why we dont see the relevance of actuaries in malaysia, as compared to developed countries such as US, UK and Australia

Hey guys.. resurrecting a thread that has been dead for 14 months already. So I'll post an update on my situation. I obtained a JPA scholarship for this course and have recently completed my pre-U course and am headed for Australia. I'm currently deciding between the Australian National University and Macquarie University. Any advice guys?"

For me both uni are good too.but i would prefer ANU.I want to futher my study(actuarial studies) in UNSW.Need to ask senior here,isn't actuarial studies really that tough?i am greatly interested about mathematics,business,economy and investment.i heard from others said that many ppl can graduate from the course,but to pass the exam is very very tough?is that true?now i am still 18-19 years old.beside need to have deep knowledge about business,economy,risk and investment?wat other knowledge else is needed?basic knowledge about insurance?of course mathematic is compulsory .

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Added on December 26, 2007, 3:07 amand need ask one question,the mathematic is more emphasis on statistic,probabilty and calculus?or any other related?

This post has been edited by foofoosasa: Dec 26 2007, 03:07 AM

choose UK ...then u can be my junior ..lol


exactly. City , LSE , southampton , heriot watt ...they are good...warwick offers MORSE.thats quite good too...


errr bro u almost made me speechless.
lets talk bout bank negara not jpa, coz i tink jpa is crap..
if u graduate with an economics/math/actuarial science degree, and u get to work in the central bank of malaysia, i seriously dont think there is anything wrong. and since u graduated from overseas say US or UK, u stand a chance to be posted to overseas branches....yeah BNM has got a branch in UK... besides, it is easy to be head hunted

UTAR offer Actuarial Science course too~!
and now i'm going to start my orientation on this coming tue haha!!

i was really interested in actuarial science wen i was in form 5. So, advisor from UK edu fair adviced me to study A-levels first and must get an A for only maths paper. But when i search online bout actuarial science, i think it will b much much more harder than further maths that i'm studyin now...I take up further maths, maths, economics and physics for my a lvl subjects. I only get A for further maths, maths & physics only for my tests and exams and....my econs sucks!!! Does that mean that i have no chance in actuarial science???

This post has been edited by Xing90: May 26 2009, 02:46 AM

There is a new thread of talking about Actuarial Science and common mistake, you may have a look here.
http://forum.lowyat.net/topic/1039295

May I know what is your economic result? You take 4 subjects and manage to get A for future maths, you have proven that you have enough strong of maths foundation to pursue actuarial science. But AS is not only about maths just like how the new thread has demonstrated. So, the maths part for you most likely will have no problem and science stream students have proven their learning ability is able to manage in commerce subjects long time ago.