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Business The Truth about Actuarial Science, It is not only about the Math
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fino_abama
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 Feb 17 2011, 10:45 PM
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QUOTE(veger_leong @ Feb 14 2011, 02:44 PM) To be honest if i can get into this field I dont mind pay cut but u remind me maybe i should adjust the expected salary to lower level I have working experience I used to be econ analyst and currently Im working as a research and credit analyst But still I rarely see opening for actuarial entry level... Are you just looking at job sites for openings? Companies seldom update their website regarding careers. Take initiative to cold call the HR of the company you're intending to work for. Send in your resume and try to apply even if there are no openings. |
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fino_abama
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Mar 30 2012, 06:13 PM
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QUOTE(LightningFist @ Mar 30 2012, 06:07 PM) Finance in Actuarial is relatively small. Introductory Corporate Finance, Derivatives, Investment. Basic concepts needed for valuation, risk management, and learning about markets and investment strategies. It doesn't have to go further than this. I think I would get bored to death in a Statistics degree. Hey do you mind refreshing my mind with a little math? You're good at it right? Problem is if you don't use it then after a while you get rusty. A = B exp® (exponential) Take natural logs of both sides. r = lnA - lnB = ln(A/B) It's not possible to get lnA = rlnB at all right? Damn these lecturers. It can only be ln A = r + ln B. i think your lecturer left out the plus sign |
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fino_abama
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Mar 30 2012, 11:07 PM
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QUOTE(LightningFist @ Mar 30 2012, 07:13 PM) Seems so silly and trivial to ask a Year 10 question like this right? But this teacher wrote the frigging book I pulled that out of... Must have been a typo |
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fino_abama
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Mar 31 2012, 01:11 AM
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QUOTE(LightningFist @ Mar 30 2012, 11:12 PM) Hmm well it's been printed more than a few times, and there are more than a few writers, along with claims from a certain instructor that mistakes are never made (although we get them too frequently). A very large and unusual typo... how does a mistake like that happen... If the question was "If A = B exp® show that A = r ln B", it's definitely a typo. Anyone who has studied logarithm can help you verify that. |
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