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Life Sciences Actuarial Science or Pharmacy?, I'm super undecided on this =(

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mumeichan
post Dec 10 2009, 07:59 PM

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If you can't do well in further maths, don't think of actuarial studies.
mumeichan
post Dec 11 2009, 08:11 AM

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QUOTE(tanjinjack @ Dec 10 2009, 08:01 PM)
The more interesting job is the job that you are interested in. That's how we define 'interesting', isn't it?

Do the thing you are interested in.
And check up the Maths involved in Actuarial Science. Check up the other subjects you need to master in getting a degree in Actuarial Science.
Actuarial Science is not Maths, Maths is just PART of Actuarial Science. You can't survive with only Maths.

Perhaps, neither of these?


Added on December 10, 2009, 8:05 pm

That is not so true. Some of the Further Maths topics are not that related to Actuarial Science. TS might be strong in Maths that are applicable in AS.
Anyway, it's TS responsibility to find out what Maths involved in AS to know if it's his/her cup of tea.
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Except for the mechanics parts, the rest of the A-Levels further maths syllabus coves part the basic maths you'll need to do actuarial maths. But seriously, if one can't grasp the mechanics part easily, he will have a hard time with whatever maths, more-so since the mechanics part is applied rather than theoretical. Maths may not determine whether you become a successful actuary or not, but to even get past the first few papers you will need to have superb maths. Without the maths, the rest doesn't matter.

And as tanjinjack suggested do look up on the many threads about AS here. Also do buy at least 1 complete calculus book and one probability book. Those will cover the foundation of actuarial math. If you find it hard, don't do AS.

This post has been edited by mumeichan: Dec 11 2009, 08:14 AM
mumeichan
post Dec 11 2009, 08:49 AM

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QUOTE(Clavicus @ Dec 11 2009, 08:33 AM)
I'm facing the same dilemma, only difference is that I just finished my SPM. laugh.gif Went to Taylor's and Sunway to inquire bout both fields, going to Taylor's Open Day today to get a better idea. IINM there's a talk bout pharmacy, this afternoon. Heading there?
Where do I get a peek at those books? Generic bookstores? Which section?
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MPH, Borders and Kino all carry those books. It would be under the math and science section. Just ask the counter.
mumeichan
post Dec 11 2009, 06:56 PM

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QUOTE(tehtmc @ Dec 11 2009, 12:54 PM)
Everybody consults a pharmacist at some time or other but not everybody deals with an actuary.

Actuaries are employed mainly by the insurance companies and I was told only the big ones employ actuaries  and even then one company only employ one actuary. How many actuaries can the market absorb?

Excuse me if I'm being ignorant but I have been wondering whether they are enough job openings for actuaries with the growing trend among young people taking up the course. Of course many are attracted to it when they hear about the lucrative salaries.

One thing to bear in mind, you can have your own business if your are a pharmacist but not if you are an actuary. The job market seems very limited, doesn't it?
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Normally only those who have passed all the actuarial papers are called an actuary. Those people earn hundreds of thousands a month and typically become C?O ie chief something officer. However companies have a whole financial team and employ many people who have just passed a few actuarial papers. They are called acturial trainees, clerks, etc. A friend of mine was employed by Great Eastern right after graduation to be an actuarial trainee. Job is to do calculations (using special programs of course, not like in college) and various paperwork. No not excel or spreadsheets, you don't use that stuff. More to special actuarial programs, stats programs then reporting using word and powerpoint. She says her job is relatively easy and relaxed. Starting pay was 3000 pounds. And there were more than 20 actuary trainees working with her.

 

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