Hi All,
Just looking for some advice from "sifus" here......
I am a fully qualified accountant (ACCA UK) and is looking for sort of like a career change from accounting to finance field. If, and say if, I choose to do actuarial science, is it advisable to attempt a "teaser" paper first rather than diving in like a Rambo and get myself killed for nothing?
The Institute of Actuaries (UK) allow the public to do CT1 without the commitment of being a member. I believe it maybe a good idea to attempt paper CT1 Financial Mathematics just to test the water.
What if I pass the paper and seem to like it? Is it any indicators that I should proceed and do CT2 to CT8? Or just passing CT1 is too early to tell?
By the way, I am just planning to do self study and via correspondence course with BPP (Actuarial Science Training provider company). Experience wise... sadly, I am working for an MNC (manufacturing) in Penang and therefore is devoid of finance exposure.
Or maybe I am being too naive? That it is better for me to do CFA Level 1 instead? And what is the difference between CFA versus the actuarial exams? Noted that alot of actuarial graduates (actuaries wannabe) end up doing CFA instead.
Thanks in advance...Any feedback, no matter how crude is always welcome.
Business The Truth about Actuarial Science, It is not only about the Math
Mar 4 2011, 02:51 PM
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