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

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epplegaara
post Jul 3 2009, 08:54 AM

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wow..i never knew this course will be that sophisticate..i'm a 2009 SPM student and 4 months to go to sit for the exam.
i'm very interested in actuary because:
-there are not many fully qualifed actuary in M'sia
-the course which has one of the highest dropout
-i can have FIA in back of my name which makes me special
-i will be a well know profession(dislike earning lucratively without knowledge)
-all my friends went for doctor and yes they are top students in my school including me;first and second place is my friend while i'm in the thrid place.)
-i don't believe that being a doctor is the only lucrative job there is.(non-financial worries)

Oh yes..what if i take pure Actuarial Science?
is it better for taking Actua and Econs?which i still can't understand =.=
when you said taking both actuary and econs,did you mean that its like a double degree program?
pls reply T_T

This post has been edited by epplegaara: Jul 3 2009, 08:54 AM
epplegaara
post Jul 4 2009, 04:08 PM

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QUOTE(tanjinjack @ Jul 3 2009, 08:22 PM)
It's good to have interest, but I didn't read that you have immense interest in Maths.
Ultimately, choose a career that you like, not having the best opportunities, best income out there.
If you like Maths, then consider a degree with strong component of Maths (not necessary Acutarial Science).
If you like dancing, you can go all the way learn dancing and do not own any degree.
It's your life after all. Enjoy it with your preferred career.
UK..
9 CTs
3 CAs
5 STs, complete 2.
5 SAs, complete 1.

When you reach CA, you are Associate.
When you complete all, you are Fellow.
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i do have interest in maths...rank 3 in school since form 4 started..not being arrogant but i love solving complex questions..but.. my first ambition was to be an engineer...however when i found out that engineer do not earn much even though its considered profession work and hard to study..i decided not to persuit that ambition..i score A1 in all subject..and frankly i love physic and chemistry more that maths...

my friends are going to be elite someday and i want to join them,because i know i deserve it because i'm a determine person and i'm studying 4 hours per day (after shcool)

i have read an article from real Actuary,they said being actuary does mean we need to be top rank Maths student,but need to have wide knowledge and determination because i will be solving ONE question for hours or so...

This post has been edited by epplegaara: Jul 4 2009, 04:12 PM
epplegaara
post Jul 4 2009, 06:53 PM

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QUOTE(bbjslee @ Jul 4 2009, 04:55 PM)
So you're in mainly due to the income?
Might as well go into Oil & Gas. Few yrs experience, easily 5 figures.
Most O&G companies minimum 3 months bonus.
You can utilize your love for chemistry there.
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lol , really? tell you something.. just a gossip among students in my school or whole malaysia..chinese students won't be as easy as malay student to get oil and gas course..(my MALAY teacher told me and MALAY friends)<not being racial criticism zzz.. yawn.gif

take this,other developing countries like Dubai,are paid lucratively no matter what type of engineer,in Malaysia,high salary is based on TYPE OF ENGINEER,and of course oil and gas engineer are highly paid,this is because we have petroleum in our country,however you think they want non-bumi citizens to govern entire professional jobs?only one university in malaysia offer this course and that is universiti teknologi petroleum malaysia,they decide,they control,they teaches and they will decide your future mad.gif

however if i have the opportunity i will definitely considere it biggrin.gif

so thats why i'm taking actuarial science locally or overseas, not mainly because of the highly paid but the specialties,i feel that being actuary is very special because they can solve something that most ppl can't ,just like doctor >.< for engineer,all you need is the basic knowledge and the company or government will supply the TOOLS for it,all you need to do is read the mannual book zz which i think this is one of the reasons engineer salary is low because our country only IMPORT never INVENT...

so.. HELLO ACTUARY!!! rclxms.gif
epplegaara
post Jul 7 2009, 08:18 PM

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ya i think i'm still young but engineers really don't earn much in malaysia,i don't want to have a salary range 2k -8k with many years of experience,and it is not fair,i dare you persuit engineer course and i'm sure you will end up with normal life,and i hate normal life.excelling in studies is useless if the rewarding sucks,i rather continue my parents business if i know my PROFESSIONAl job is useless,sure some much but very few

and why everyone is agains me?because i said i was proficient in maths?
hey i did said being actuary need a wide range of knowledge,communication skill,and yes i know actuary is the combination of comerce study,and i don't think anyone who are persuing to be an actuary have the same perspective as you guys,

ya this forum is about the path to be an actuary,

and kwh1986 ,engineer is an easy course in M'sia no doubt,just having credits can be engineer

bbjslee wth are you talking about?the foreign companies you said just offer job not course,employee always have bonus sia zz

and kwh1989,don't criticise me if you don't know my history of study,you might think i'm being arrogant ,but what are you talking about?spm is the BASIC of everything -.-
those dropout are those who fail because they slack during course

actuary is a job which deals with risk,anyone who loves to solve math will be disappointed because actuary solve probability ,statistic and so on
i love probability chapter add math so think i should persuit actuarial course and i love challenge.
as from what i read in an acticle made by actuary,maths will not be the major problem to be a n actuary,is the determination,ingenuity and ability to think outside the box.

and tan,choosing a job based on interest is very good no doubt

This post has been edited by epplegaara: Jul 7 2009, 08:24 PM
epplegaara
post Jul 8 2009, 09:50 PM

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okay, i believ you smile.gif


Added on July 9, 2009, 5:25 pmany idea oversea or local actuarial course better?
after graduate,which paper is the most recognise?example SOA

oh and the salary range for fresh graduate with out any exams yet and after exam

This post has been edited by epplegaara: Jul 9 2009, 11:52 PM

 

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