As stated in the title, i wan to enroll in American Degree Transfer Program (Actuarial Science) in one of the colleges.
May i know which college is better?
Sunway or INTI?

Please tell me in terms of lecturer, environment of study, facilities, stress/fun LOL and etc.
Thank you

Actuarial Science..hmm
But why ADTP?

ADTP is the fastest shortcut, take only 4 years to complete a degree while im a spm graduate~

Taking pre-u (ausmat/sam) + degree takes you 4 years too?

hahaha... You reminded me of my olden days where I think duration of course is a big factor.
lol. Well, I am not that old...
Ok, Most uni wil offer an "actuarial" equivalent degree either through commerce or actuarial science as a whole, in the duration of 3 years.
So if you do pre-U for 1 year, and proceed to an actuarial degree its still 4yrs.

But, honestly I dont really see the big difference of 3yrs or 4yrs, the fact its gonna take me bout 8years to clear everything up to fully qualification?
IMO, I would rather spend more time in my degree, than to come out fast, work and struggle through exams.

I am just trying to outline one thing, an actuarial degree, the longer the better, gives lots of forehand preparation for later papers. Unless, you are not planning to
end up as an actuary.. then...
@@

well, the longer the course, the more i have to pay.
and i really hope to come out to work earlier.
so are u an actuarial graduate?
can u share ur opinions about dis course with me?

This post has been edited by LoveIsCurry: Jan 19 2011, 10:47 PM

In my opinion but places has it's goods and suckiness. The first two years you won't learn anything related to actuarial science anyway, they don't even offer the course here anyway. Well some calculus which you will throw 90% of what you learned out.

I studied in INTI and I know people who studied in Sunway and honestly you'll make good friends, have fun but at the end of the day, it's where you wanna go in the US that you'll be looking forward too. I doubt you'll care much about whether you choose INTI or Sunway.

i thought i had to register in matriculation programme when i was in secondary school?
but i didn't ><

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Added on January 20, 2011, 10:22 ama good environment is very important for studying..
i dun wan to choose a wrong college as some ppl have negative comments about their colleges..

This post has been edited by LoveIsCurry: Jan 20 2011, 10:35 AM

In Sains Aktuari:
No such thing as coming out to work early. hahaha
ok, let me explain. If you have a very strong opinion bout coming out and work early,
then this may not be very favourable for you. You may come out and work as a financial analyst, market analyst, statistician,
investment consultant, and actuarial analyst. But to work as an actuary, it will take atleast 6-9 years down the road.
The 1 year in extra that u "study", may put a big difference in future when u tackle institute exams.
Persistence, Patience and consistency, this is what differentiates how well you get to pass teh exams and how fast you can get fully qualified.

This course is basically everything from kacang economics of interaction between penjual nasi lemak, and adik adik to calculating how much a nation has to
budget on pension schemes. So be ready to experience an "exponential" knowledge growth in economics, stats, finance and business.
Oh, and math is fun too.

IMO, since I am doin an actuarial degree tied to IAA. I would prefer to study 6years, ramp the exemptions and come out with a Part II.
Hence, the work early argument may not be applicable to me, as having a better starting salary may be more favourable than coming out and work earlier, yet have to struggle going through these institute papers, which is..often so time consuming.
My gf is gonna cry. lol.

I don't understand. Why you need to register for matriculation while you're in your secondary?
Ausmat / SAM are Australian Pre-U and only offered by private colleges in Malaysia such as INTI, Taylor's and Sunway.

The only matriculation that need us to register during secondary school is Malaysia Matriculation.
Peoples only go for this matriculation because they are aiming for local universities. Overseas universities wouldn't recognize our matriculation at all.

I assumed that you had miss the jan intake. But for Ausmat/SAM there are still march intake. (For ausmat I'm not sure)

If you don't want to go for ausmat/SAM, you can go for A-levels. It only takes you an additional 6 months.



LOL shit you're scaring me off. You takes 6 years to clear part I? Even though you're a ANU graduate?
No offence what I mean is even for a smart guy like you that graduated from ANU need to take such a long time to clear the papers.
Then me? wah couldn't imagine.

oh i understand..
i thought both ausmat and sam had to register in secondary sch too LOL
is there any science subject in ADTP?
i choose ADTP coz i dun wan to study science subjects anymore while they are too boring ><
i wan march intake becoz im waiting for my spm results..

This post has been edited by LoveIsCurry: Jan 20 2011, 10:50 PM

Lol. 6 years to atleast come out with part II.
Seriously, just having Part I, you cant have good salary. Its because I am doing my CPA and Chartered Accountant units as well, thats why i takes 4 yrs to
finish the double degree, then another 1.5years for masters. And I assume, I am doing my CPA bridging course as well. so, maybe its 7years. lol
But its possible, to have someone spending 6yrs clearing all part I's. Ask the SoA seniors, I am pretty sure its not that "uncommon", especially to those not working in actuarial industries.
All hail, exemptions!

huh?
i dun understand..
what are part I n part II?
and i thought there was only degree for actuarial science?

My suggestion : Do some research on actuarial science and make sure that you like it before you decide to study.

Actuarial science have several examination board, or should I say professional examinations, which is similar to CPA, ACCA, CIMA for accounting.

Studying a degree in actuarial science will only provide you the foundation and adequate knowledge to pass these exams for some easier papers. Only when you are able to pass all the papers, you will only become a qualified actuary. However, these exams, are hard. (absolutely) It takes up years. Even it is the best universities that offer the actuarial degrees, the number of papers exempted will be limited to 8/9, where there are a total of 14+ papers, depending which exams you are taking.

So, a graduate with an actuarial science degree will not start with a very high salary. Only when u passed all the papers, your salary will "jump"
Which is every actuaries' dream.

If anyone who studied actuarial science will be able to get a high salary so easily then the profession of actuary would become no values at all.
For your information, in Malaysia currently there are only about 40-50 qualified actuaries. Looking at the numbers, I guess you will understand.
(They could be more actually, just the students don't wanna take Malaysia exams )

I'm not discouraging you to not to take actuarial science as your degree. Just wanna tell you that you have to be prepare, for all the hardwork that you must invest in the future.


Still, you can choose not to work as an actuary. Graduate with an actuarial science degree are highly demanded by other business sectors as well. It is possible that you can get a salary as high as an actuary too. But think about it, wouldn't it be a waste, if you possess an actuarial science degree, but work as a business admin?

This post has been edited by yeapwei: Jan 21 2011, 12:03 AM

i know all about these PROFESSIONAL EXAMINATIONS and the salary thingy as i did a lot of research on them. i love mathematics n calculating so i think i wont get bored into this subject. Now, i just want to choose a right college to further my studies.

Ic. Sorry for being a busy body. Cause you were asking for the part I and II so I thought you will need to know these. Do forgive me

oh nvm ><
so part I is getting a degree and part II is passing those PROFESSIONAL EXAMINATIONS? LOL

Usually professional examinations consist of 2 parts.

Part I is known as all those paper exams.

Part II is based on working experience or coursework.

But it all depends which actuaries board that you are going to take.


Do correct me if I'm wrong. I googled all about these last time too. So maybe there are some mistakes.

I think this link could provide you better understanding.
Be an actuary

This post has been edited by yeapwei: Jan 21 2011, 01:26 AM

oh a great thank for u
i have read this website too
but do u have any idea about which college is better? T_T

Are you just going to choose from this 2 colleges? Are you aiming for overseas universities?

This post has been edited by yeapwei: Jan 21 2011, 01:32 AM

yes because these 2 colleges are near from my house..
taylor is near too but i think i wont be able to afford its course fees LOL
and yes too, i wan to further my study in overseas universities
i think overseas universities are better than local universities.. (no offence for local graduates ><)

Trust me, its so much more than just mathematics and abc.
Its always challenging, and often demotivating.
I only start appreciating each subject, AFTER the FINALS. LMAO.
By the way, Actuarial.. is more of a type of skill than a field of study.
Its applicable to many commercial contexts.

If you hate reading, scrolling through tables, doing analysis on data samples, explaining these "techniques" and implication" to non-science users,
I suggest you think twice.
If you are confidently interested, by all means go ahead.

Dont get me started on Part I examinations. lololol

it will be fun then
my dream is to become a qualified actuary
but i wonder whether matriculation or ADTP is better..
matriculation => local or overseas
ADTP => overseas
A level => spend extra half year (i dont want to ><)

Inti hav more option in US universities then Sunway...

this is true but not all universities provide actuarial science course..
so both sunway and INTI are almost the same ><

My dream is to: 1st get exemptions from all part I and II.
Till then, I yet to have big dreams.
lol

From people around me,
A-levels would be a "better" choice to give u forehand preparations, so can still go clubbing and stuff with other Commerce faculty chicks.
SAM and other 1 year pre-U, will still be sufficient. Cause, basically not much difference, unless u study things in great depth.
If its the local Matrikulasi. then.... LOL. no comment.

ADTP is basically just like any other pre-u. just that it "combines" ur pre-u with degree. and let u admit in 1st year as a freshman., learning courses
in a degree, but with a coverage on parr with pre-U sylabus (for the 1st year).
And take note that you dont really touch anythng related to Actuarial Science in ur 1st 2years, so basically its just a chunk of Stats, Economics and calculus, which can somehow look very...dry.
I am not quite sure how the exemptions work for SoA. but I have friends that did the Actuarial Sci degree through HELP's ADTP program told me, choosing schools and whether the school availability for ur enrolment is a seperate matter. One which was doing her last year abroad in US.
She did advise me last time that" if you can, go for schools that provide exemptions, it really helps, a lot."
Till now, I have yet met anyone that passed SoA part I papers( mayb they dont even call it part I), I have friends with UK Faculty of Actuaries Part I exemption, IAA part I full exemptions, but yet to come across any SoA full exemption candidates. That sort of explain its difficulty and passing rate i guess?

Few years ago, I also considered ADTP, but not so, after I got my offer from other Aussie Uni's. lol

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Added on January 21, 2011, 11:51 pmDo consider HELP college, its quite reputable among.. freshies nowadays? lol
To my experience,
The choices able to "twin", is just a marketting fallacy.
Since US education is highly flexible, i believe if you do well enough, and did relevant sylabus coverage of early subjects.
Then that shouldn't be a problem for u to be admitted to schools like Iowa, Illinois in US.
SInce ADTP sylabus is quite universal, shouldn't be much of a difference.

This post has been edited by RyukA: Jan 21 2011, 11:51 PM

if i enroll in ausmat, can i study locally?
i just had a short discussion with my mum, she said study overseas is too costly..
arghh i dont know what decision should i make T_T

yup no problem though not in Public Universities. Private Universities, no problem if you meet entry requirements and can afford it ^^

may i know which private universities in Malaysia are providing actuarial science course?

UTAR, UCSI (no sure whether it had been accredited or not).

Other ADTP

Any accreditted Universities will lead to exemptions.
Since its very confidently said that no institution in Malaysia yet to get "accreditation" from SoA or any other boards.
Basically there's no accreditted providers in Malaysia.
So they will basically just provide you courses just like "tuitions", and you will have to take the exams externally.
Which is very demotivating, to go through so many papers.......

i mean a degree LOL

Eh, I'm not sure but last time someone told me that UTAR students are able to gain some exemptions from the Actuarial Society of Malaysia.




They all are degrees

This post has been edited by yeapwei: Jan 23 2011, 01:54 AM

but adtp = study overseas..

He means those two are the private unis that offer Degrees
Other IPTS only can do through ADP

It's still degree right?

If you are considering locals then it's only UTAR and UCSI.
I don't know the difference between both institutions but I would recommend you to go for UTAR because UCSI just started providing the course in last year i think.

If your qualification is only recognised by ASM, you seriously cant go far.
you see, if you are a member of SoA, IAA, FoA,then you are directly eligible for membership in ASM. but not the other way round.
even singapore adapt a practise similar to SoA, so i dont see how malaysia's ASM is am good choice alone.
more of a fact to close one eye, set their own standard, and praise their own qualification.
well, your choice, lol.

this is why i want to study overseas..
what to do if my mum doesnt allow T_T
i think i enroll in ausmat, study hard and get scholarships to study overseas..

This post has been edited by LoveIsCurry: Jan 23 2011, 11:16 PM

Good luck then.

And remember to choose specialist mathematics as one of your subjects.
Although it's hard, it's very useful for helping you to strengthen your mathematics foundation and be ready for actuarial science.

sad, i dont know wheter UCSI and UTAR accept ausmat or not, they didnt state in their websites, but SAM is accepted by both uni..
and i really hope to take ADTP n study overseas! arrrrrrr

Universities will usually treat all year 12 as the same so if they accept SAM, it's likely they will accept Ausmat and HSC as well.

oh， thank you..
but i still prefer ADTP..

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Added on January 24, 2011, 10:31 amis malaysia's uni using US's syllabus to teach actuarial science?
so i will join either SoA or CAS?
and is CIMP worldwide accepted?
i got another question. if i enroll in ADTP, can i apply scholarship A for the first 2 years and scholarship B for the last 2 years?

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Added on January 29, 2011, 12:39 amBring
Up
My
Post~

This post has been edited by LoveIsCurry: Jan 29 2011, 12:39 AM

No. they got their own crappy sylabus, *heard from an malaysian senior that did her Actuarial Science course back in UM,
and she dropped out from the Honours in AS course here, and did Master in Financial math instead. lol
"out of synchronize", thats what she said.

Yet, Malaysia got their own "sylabus". lol
And have to take all the external papers individually.
good luck. lol

in my expectations LOLLL
there are a lot of negative comments about our local universities (i dont want to say so but it is the truth ><)
but i really need to know how does the scholarship system work?