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Business The Truth about Actuarial Science, It is not only about the Math

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Cheesenium
post May 23 2009, 11:47 AM

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QUOTE
This is the biggest misconception that people have about Actuarial Science. In actual fact, a good knowledge of Mathematics is necessary, but a great knowledge is not. In the UK, the first 8 professional papers are somewhat Maths-based, but the tougher papers at the end are all written papers, which require a good command of English, a good knowledge of the insurance industry and good critical thinking skills. Throughout my course, the most difficult branch of Maths we did was Calculus and Linear Algebra, and that is not saying much. When you do start working, you will realise that the only Math you need are mostly addition and subtraction. Computer Programming will be the most important skill you will ever need. And to all of those who says that they need Further Math in their A-Levels, I did Math, Economics and Law. If you like Math, do a Mathematics degree.


This also applies for engineering.Most of my maths now are still based on basic maths.

And in real life applications,computers do all the dirty job for you.Computer programming is important,IMO.

 

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